SubPrime Auto Finance News reached out to Manheim chief economist Tom Webb because he went on Twitter Monday morning and said, “Tax stats not looking good.” You probably don’t need Webb’s economic knowledge to recognize that a tax refund cash ... [Read More]

The Consumer Financial Protection Bureau estimates that there is approximately $1.2 trillion in outstanding student loan debt, with more than 7 million Americans in default on more than $100 billion in balances. With those figures in mind, EFG Companies acknowledged ... [Read More]

JM Family Enterprises recently promoted one of its executives to be vice president and general counsel for Southeast Toyota Distributors and JM Lexus. Taking on this role is Todd Clarke, who will report to Carmen Johnson, executive vice president and ... [Read More]

Capital One and General Motors recently expanded their co-brand credit card partnership to enhance the potential of boosting new-model turns as well as business in dealership service drives. Officials highlighted the BuyPower Business Card from Capital One is specially designed ... [Read More]

Fitch Ratings recently weighed in on the future prospects of both Ally Financial and General Motors Financial now that one company has finalized a major leadership change and the other is taking on more leasing business as the captive for ... [Read More]

The National Automotive Finance Association is again enhancing its annual Non-Prime Auto Finance Survey; this time by collaborating with the American Financial Services Association. The NAF Association and AFSA announced this week they will be working jointly to orchestrate the ... [Read More]

The California New Car Dealers Association (CNCDA) named Dealertrack Technologies as a strategic partner this week, recommending the company’s solutions for F&I, inventory, CRM, compliance and digital marketing. CNCDA explained that it recognizes that dealers are looking for solutions that ... [Read More]

As the company ramps up its prime financing program, General Motors Financial still is keeping an eye on its subprime business as a Wall Street analyst touched on recent inquiries from the U.S. Department of Justice and the Securities and ... [Read More]

Officials from www.OnlineBKmanager.com made what they called “significant” improvements to their Web-based marketing software.  After 18 months of development and programming, OnlineBKmanager.com now has the ability to deliver bankruptcy leads to franchised dealers on a daily basis. Upgrades also include ... [Read More]

GWC Warranty, a provider of vehicle service contracts and related finance and insurance products sold through dealers, recently announced a strategic alliance with National Auto Lenders (NAL), a non-prime auto finance company. Officials highlighted GWC’s partnership with NAL represents the ... [Read More]