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This Month's Focus

Turbocharged Finance
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DigniFi names chief product officer
DigniFi announced the appointment of Jefim Piekarz as chief product officer on Tuesday. The fintech company specializing in access to automobile, powersports and RV repair financing said Piekarz will lead DigniFi’s product and engineering teams, advancing product strategy, technology development, ... Read More
Maritczak brings experience from EY & Ally to PCMI
PCMI continued to revamp its executive team on Tuesday. The provider of lender compliance technology and F&I administration software added Alex Maritczak as senior director of business development, bringing more than 30 years of automotive finance and financial services experience ... Read More
Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here
Used Car Week Hall of Fame: Grace Huang of Cox Automotive
We begin our series featuring the 2026 Used Car Week Hall of Fame honorees with Grace Huang, president of Cox Automotive Inventory Solutions, who joins Cherokee Media Group’s Joe Overby for a conversation about her career journey, the value of ... Listen Here
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here

Westlake part of third DOJ settlement in 13 months over SCRA violations

justice department
SubPrime Auto Finance News Staff
For the third time in about 13 months, the Justice Department has reached a settlement with a finance company for violating the Servicemembers Civil Relief Act (SCRA) in connection with vehicle repossessions. This time Westlake Financial Services and its subsidiary, ... [Read More]

ALS Resolvion takes on additional capacity in new facility

ALS Resolvion office for SPN
SubPrime Auto Finance News Staff
ALS Resolvion contends it now has room to grow for the next decade. The repossession management and skip-tracing services provider recently moved into a larger facility in Charlotte, N.C., to accommodate its rapid ascent in the marketplace. With its new ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
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Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Mississippi attorney general subpoenas Credit Acceptance

subpeona
SubPrime Auto Finance News Staff
For the second time in about a year, Credit Acceptance is dealing with an attorney general subpoena. The finance company acknowledged late on Friday through a filing with the Securities and Exchange Commission that it received a subpoena from the ... [Read More]

ProMax enhances certified integration with Dealertrack

dealership employee
SubPrime Auto Finance News Staff
Dealer Marketing Services, the makers of ProMax, on Monday announced significant enhancements to its certified integration with Dealertrack. ProMax is a certified partner of most major dealer management systems, and has offered a certified integration with Dealertrack since 2009. The ... [Read More]

Dissecting lawsuit over CFPB arbitration rule

legal analysis
Nick Zulovich, Senior Editor
A week ago, a lawsuit landed in the Northern District of Texas, Dallas Division where five national organizations and a coalition of associations located throughout Texas filed a legal challenge to the Consumer Financial Protection Bureau’s rule that prohibits the ... [Read More]

NAF Association launches Phase 2 of Collector and Underwriter Compliance Certificate Programs

compliance pic
SubPrime Auto Finance News Staff
Along with highlighting seven major findings and availability of the 2017 Non-Prime Automotive Financing Survey, the National Automotive Finance Association on Friday announced the next stage of its compliance training offerings. Building off of the momentum generated by wide-spread leveraging ... [Read More]

GWC Warranty and Metrolina Credit celebrate 2 years of partnership

driver-key
SubPrime Auto Finance News Staff
Two operators in the auto finance space recently celebrated year No. 2 together. GWC Warranty recently marked two years of partnership with Metrolina Credit by joining the Carolinas-based finance company at the grand opening of its new corporate headquarters and ... [Read More]

DataLab Data Solutions enhances tool with FactorTrust information

partnership
SubPrime Auto Finance News Staff
FactorTrust finalized a partnership this week with leading analytics-driven marketing consultancy, DataLab Data Solutions (DDS), which couples high-quality, clean data with deep analytics and model development, giving its customers the best opportunity for successful targeted marketing programs. The addition of ... [Read More]

Temporary impact from hurricane damage expected on auto ABS

shutterstock_703954333
SubPrime Auto Finance News Staff
S&P Global Ratings certainly didn’t dismiss the Cox Automotive estimates that Hurricane Harvey may have destroyed 300,000 to 500,000 vehicles, while Hurricane Irma ruined up to 400,000 units. But analysts suspect any severe impacts on the collateral for auto loan asset-backed securities ... [Read More]

Westlake’s eContracting solution now available nationwide

contract and tablet
SubPrime Auto Finance News Staff
Earlier this week, Westlake Financial Services announced the launch of its eContracting automotive loan origination solution in all 50 U.S. states through DealerCenter. And the finance company reached this accomplishment earlier than company officials expected. “Our goal was to launch ... [Read More]

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