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How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here
Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance
Friday, Oct. 3, 2025, 02:33 PM
Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here
The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here

CarFinance.com: 6 Top Tips for Buying a Car with Less-than-Prime Credit

Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — For dealers who are trying to bring in subprime buyers who are better prepared to make a purchase, CarFinance.com released its 2013 Top Tips for Buying a Car with Less-than-Prime Credit. For buyers with less-than-prime credit, site ... [Read More]

Spireon Begins GoldStar GPS Integration with Frazer DMS

Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Spireon, the provider of the GoldStar GPS solution as well as other mobile resource management and business intelligence tools, completed an initial phase of the integration with Frazer's Dealer Management System. The companies highlighted that joint customers ... [Read More]

CPS Announces $205 Million Senior Subordinate Asset-Backed Securitization

Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Earlier this week, Consumer Portfolio Services marked the closing of its third term securitization of the year. The transaction is CPS' 10th senior subordinate securitization since the beginning of 2011. In the transaction, qualified institutional buyers purchased ... [Read More]

Number of Subprime Buyers in Used Market Dips Modestly

Wednesday, Oct. 2, 2013, 12:00 AM
Nick Zulovich
BANDON, Ore. — In the midst of a used-car market that grew about 4 percent year-over-year and reached 3.65 million sales, September showed slightly less subprime buyers, but a greater proportion of vehicles that were financed, according to the latest ... [Read More]

AFS Acceptance Promotes Seagrave to President

Wednesday, Oct. 2, 2013, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — In just two years, Scot Seagrave has navigated his way to be president of AFS Acceptance. The company promoted Seagrave — one of the speakers at the inaugural SubPrime Forum next month — citing his effectiveness ... [Read More]

Equifax: Auto Loan Balances at Highest Level in More Than 5 Years

Wednesday, Oct. 2, 2013, 12:00 AM
Nick Zulovich
ATLANTA — According to Equifax's latest National Consumer Credit Trends Report, the total outstanding balances on auto and credit card loans increased year-over-year in August. Analysts contend the total balance of existing auto loans is at its highest level in ... [Read More]

S&P Examines Subprime ABS Trends to Close Year as Credit Quality Softens

Monday, Sep. 30, 2013, 12:00 AM
Nick Zulovich
NEW YORK — After a nearly two-year hiatus following the credit crisis that began in late 2007, Standard & Poor's Ratings Services insisted the issuance of subprime auto loan asset-backed securities has rebounded significantly. In their latest report, analysts highlighted ... [Read More]

FEX Announces Integration with RouteOne

Monday, Sep. 30, 2013, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently completed integration with RouteOne to allow independent dealers that use the Web-based financial services and technology provider to submit applications to all RouteOne lenders with whom they have an existing relationship. The ... [Read More]

AFSA Highlights Board of Director Elections, Newest Members

Monday, Sep. 30, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Along with five new members, five financial services executives have been elected to the board of directors of the American Financial Services Association. The new board members are: —Angela Chattin, president of CarMax Auto Finance —James Cho, ... [Read More]

J.D. Byrider Continues to Boost BHPH Presence in Midwest

Monday, Sep. 30, 2013, 12:00 AM
Nick Zulovich
NORTH KANSAS CITY, Mo. — About two weeks after rolling out a franchisee in Green Bay, Wisc., J.D. Byrider announced this morning that the newest dealership in its buy-here, pay-here network began to retail vehicles in the Kansas City area. ... [Read More]
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