Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Guidance to handle growing challenges of repossessions & recoveries
Tuesday, Oct. 14, 2025, 08:49 PM
Managing delinquencies and repossessions might be as complicated as anything auto lenders do nowadays. To help finance companies of sizes handle those complexities, this special sponsored episode of the Auto Remarketing Podcast features Anne Holtzman, who is senior vice president ... Listen Here
PureCars CEO Lauren Donalson
Tuesday, Oct. 14, 2025, 03:53 PM
Lauren joined PureCars in 2015 as a sales associate, later serving as regional manager, national director and senior vice president before moving up to chief operating officer in January 2023. She was promoted to the new role of president in ... Listen Here
CarMax CMO Sarah Lane on Company’s Journey from Used-Car ‘Challenger’ to ‘Leader’
Friday, Oct. 10, 2025, 02:15 PM
CarMax chief marketing officer Sarah Lane joins the Auto Remarketing Podcast to talk about the company’s new “Wanna Drive?” branding, its omni-channel buying and selling experience, putting the customer in control and how CarMax sets itself apart in an era ... Listen Here

Fed: Average Amount Financed on Car Loan Plummets

Thursday, Oct. 8, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve announced the latest auto finance trends on Wednesday, and in an interesting turn, the average amount financed at auto lenders showed a significant drop. This figure came in at $24,405 on new-car loans in August, ... [Read More]

AppOne Gains Kansas-Based Credit Union

Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — In the all-important need to open up credit availability and get the economy moving again, Wolters Kluwer Financial Services announced it has gained a new financial institution to use its AppOne platform. The most recent lending facility to ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
Read More

How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
Read More

Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
Read More

Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
Read More

Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
Read More

Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
Read More

The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
Read More

Dealer Guide: Selecting the Right Auto Logistics Partner

In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
Read More

Bankruptcy Filings Hit New Nine-Month Record Since 2005

Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — For the first time since 2005, bankruptcy filings jumped past the 1 million mark during the first three calendar quarters of a year, according to the American Bankruptcy Institute. Relying on data on from the National Bankruptcy Research ... [Read More]

Former AmeriCredit Exec Joins XpressCredit as Director of Lender Development

Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit today announced the hiring of a former AmeriCredit executive as director of lender development. Taking on this position is Rory Noske. Noske brings more than 18 years of experience, developing business relationships in the auto financial services ... [Read More]

DealerTrack Adds Red Flags Reporting

Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack customers now have access to Red Flags Reporting. The Red Flags Rules are expected to be enforced starting Nov. 1.  The addition is designed to help dealers in providing an audit trail and ensuring employees are complying with the Red ... [Read More]

CarBiz Names New COO, Reports Upswing in 2Q Earnings

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — CarBiz recently announced that it has appointed a new chief operating officer, and the company also reported that its second-quarter earnings climbed significantly year-over-year. Named as COO was Paul Whitley, who was previously the director of finance for ... [Read More]

Fitch: U.S. Auto ABS Delinquencies in August Close to 10-Year High

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Sixty-plus-day delinquency levels on U.S. prime auto loan ABS jumped 10.4 percent in August to 0.85 percent, which approached the 10-year record high set back in the first quarter, Fitch Ratings reported this week. The decade high is ... [Read More]

ABA Says Auto Loan Delinquency Rates Improved

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Although overall consumer delinquencies reached a record mark during the second quarter, auto loans — both direct and indirect — showed significant improvement during the period, according to the American Bankers Association. Specifically, direct auto loan delinquencies dropped 55 basis ... [Read More]

Drive Financial Introduces Revamped Finance Program

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
DALLAS — Drive Financial rolled out its revamped finance program for dealers late last week, and some of the changes include restructured tiers and various provisions that give dealers greater flexibility in setting up deals for customers. To shed some light ... [Read More]

How is Floor Plan ABS Performing?

Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
NEW YORK — While fears abounded about dealers' ability to pay floor planning, especially at General Motors and Chrysler, with sales being down so much historically, the early payment analysis is in. And largely, it is positive. According to DBRS, the ... [Read More]
X