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Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

Consolidated Asset Recovery Systems adds former Del Mar executive

new hire
Wednesday, Nov. 21, 2018, 01:55 PM
SubPrime Auto Finance News Staff
On the heels of landing a trio of clients as well as an enhanced relationship with Digital Recognition Network (DRN), Consolidated Asset Recovery Systems also added to its executive team. Consolidated recently announced that it has named Jeff Rau as ... [Read More]

Auto defaults rise 3 basis points in October

collections
Tuesday, Nov. 20, 2018, 04:27 PM
SubPrime Auto Finance News Staff
Auto finance defaults rose for just the second time this year in October. But the 3-basis point rise is only a fraction of the largest uptick analysts from S&P Dow Jones Indices and Experian have seen during the past 36 ... [Read More]

masterQueue names former Ally exec its new operational strategist

masterQueue strategy team for SPN
Thursday, Nov. 15, 2018, 05:43 PM
SubPrime Auto Finance News Staff
Intellaegis, which does business as masterQueue, announced today during Used Car Week it has named a new operational strategist.  The debt collection software company has named former Ally executive vice president Bill Ploog to its management team.  Ploog joins Intellaegis ... [Read More]

Location Services pays DRN $325K to settle non-compete case with DigitalDog Auto Recovery

federal court house_2
Thursday, Nov. 15, 2018, 04:56 PM
SubPrime Auto Finance News Staff
AI and data analytics company Digital Recognition Network (DRN) announced on Thursday that rather than go to trial on the issue of damages, Location Services and DRN have agreed on a settlement after Federal Court ruled in DRN’s favor.  Location ... [Read More]

Primeritus names new chief executive

NEW CEO
Monday, Nov. 12, 2018, 03:32 PM
SubPrime Auto Finance News Staff
As Used Car Week kicked off this Monday in Scottsdale, Ariz., Primeritus Financial Services announced a new chief executive officer. Mike Thomas has been named CEO, and the move is effective immediately.  Thomas succeeds Scott Peters in the position, who joined ... [Read More]

KAR ramps up recovery services with purchase of Clearplan

latest news_37
Monday, Nov. 12, 2018, 02:39 PM
SubPrime Auto Finance News Staff
KAR Auction Services today announced it has boosted its asset recovery capabilities with the purchase of Clearplan.  Based in Reno, Nev., Clearplan is a digital platform for recovery agents, drivers, forwarders and lenders that acts as a centralized, mobile “cloud-based ... [Read More]

Fed keeps interest rates steady

interest rates
Friday, Nov. 9, 2018, 03:17 PM
SubPrime Auto Finance News Staff
There’s no doubt about the Federal Reserve’s decision revealed this week to leave interest rates as they are at least for the time being. By a unanimous vote, the Federal Open Market Committee decided to maintain the target range for ... [Read More]

How Location Services is blending diverse backgrounds into one recovery team

strategy picture
Friday, Nov. 9, 2018, 02:29 PM
SubPrime Auto Finance News Staff
What Locations Services believes is the recipe for success in the repossession and recovery industries includes taking executives from an array of well-known companies such as Ally Financial, PAR North America and Remarketing of America and fueling them with the ... [Read More]

Top 100 markets where millennials carry most auto debt

approve
Wednesday, Nov. 7, 2018, 09:15 PM
SubPrime Auto Finance News Staff
This week, LendingTree released its study on where millennials owe the most on their financed vehicles. And as they say, everything is bigger in Texas. The results, ranked by median balance, showed where millennials are the most and least burdened ... [Read More]

Consolidated Asset Recovery Systems and DRN enhance working relationship

fintech investment
Wednesday, Nov. 7, 2018, 04:55 PM
SubPrime Auto Finance News Staff
Two prominent industry names — Consolidated Asset Recovery Systems and Digital Recognition Network (DRN) — now are working even closer together. The two companies that will each have prominent appearances during Repo Con at Used Car Week 2018 announced on ... [Read More]
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