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Ted Berlovich of Clutch
Monday, Jun. 29, 2026, 03:44 PM
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
United Car Dealers Association Leaders Join CUCW Live Stage
Thursday, Jun. 25, 2026, 07:09 PM
Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here
Blair Earle of IAA Canada
Thursday, Jun. 25, 2026, 06:59 PM
Kicking off our series of Auto Remarketing Podcast episodes from the Live Stage at Canada’s Used Car Week is a conversation with Blair Earle, who is managing director at IAA Canada. Earle and Cherokee Media Group senior editor Joe Overby ... Listen Here

SAFCo Appoints Former Exeter Exec to Monitor Risk

new hire
Monday, Jan. 5, 2015, 05:11 PM
SubPrime Auto Finance News Staff
Southern Auto Finance Co. (SAFCo) hired a former Exeter Finance Corp. executive to be its new senior vice president of risk management and credit policy. Tapped for this role was Karyn Lentz, who was most recently the executive vice president ... [Read More]

NIADA Selects EFG Companies as National F&I Corporate Partner

hand shaking 2
Monday, Jan. 5, 2015, 05:10 PM
SubPrime Auto Finance News Staff
The National Independent Automobile Dealers Association and EFG Companies recently created a new strategic partnership to drive greater F&I profit opportunities for independent dealerships nationwide. NIADA tapped EFG as a national corporate partner so association members can leverage the company ... [Read More]

4 Parts of Illinois Tax Law Change to Boost Leasing

Chicago skyline
Monday, Jan. 5, 2015, 05:07 PM
SubPrime Auto Finance News Staff
In what the Chicago Automobile Trade Association is calling a rare triple winner — good for consumers, good for business, and good for government — the Windy City’s dealer organization highlighted four components of Illinois’ revamped state tax program associated ... [Read More]

Impact Transaction Prices Might Leave on Financing

money car
Monday, Jan. 5, 2015, 05:05 PM
Nick Zulovich, Editor
Perhaps a factor helping to push outstanding auto loan balances toward the $1 trillion threshold is if the transaction price activity spotted by Kelley Blue Book analysts maintains the current rate. KBB reported on Monday that the estimated average transaction ... [Read More]

GWC Warranty Expands Headquarters

GWC Warranty Expansion Ribbon Cutting Ceremony for SPN
Friday, Jan. 2, 2015, 04:08 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of vehicle service contracts and related finance and insurance products sold through dealers, finalized an expansion of its headquarters before 2014 closed. Officials highlighted GWC’s state-of-the-art facility has been expanded to almost 20,000 square feet. The ... [Read More]

AIADA Chairman: Looking Forward to What’s Ahead in 2015

opinion pic
Friday, Jan. 2, 2015, 04:06 PM
Larry Kull, AIADA
As this past year closed, you couldn’t turn around without seeing another retrospective on 2014. Websites, magazines, news and entertainment programs, and even radio shows get in on the action. They cover everything: The 10 best movies, the 20 best ... [Read More]

NY Regulators Shut Down Condor Capital

gavel 2
Friday, Jan. 2, 2015, 04:02 PM
SubPrime Auto Finance News Staff
Condor Capital is no longer originating and servicing vehicle installment contracts for dealers who cater to subprime customers in New York or more than two dozen other states. Just before the holiday, the New York Department of Financial Services submitted ... [Read More]

CarMax’s Subprime Portfolio Grows to $56.7M

sales agreement 3
Friday, Jan. 2, 2015, 03:59 PM
SubPrime Auto Finance News Staff
CarMax Auto Finance still is steadily originating subprime paper through its own test program as company executives continue to monitor the performance of this portfolio segment they launched last year. During the third quarter of its 2015 fiscal year, CarMax ... [Read More]

CPS Finalizes $267.5M Asset-Backed Securitization

money 1
Friday, Dec. 19, 2014, 04:45 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services closed its fourth term securitization of the year this week. The transaction is CPS’ 15th senior subordinate securitization since the beginning of 2011 and the third consecutive securitization to receive a triple A rating on the senior ... [Read More]

DOJ Subpoenas Ally As Treasury Sells Remaining Stock

news
Friday, Dec. 19, 2014, 04:36 PM
SubPrime Auto Finance News Staff
As the finance company joined the ranks being subpoenaed by the U.S. Department of Justice, Ally Financial announced on Friday that the U.S. Department of the Treasury has sold its remaining 54.9 million shares of common stock at $23.25 per ... [Read More]

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