A Look Back at Last Two Decades of the Used-Car Industry in Canada
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
Thursday, Sep. 18, 2025, 02:32 PM
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Thursday, Sep. 11, 2025, 04:33 PM
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Thursday, Sep. 11, 2025, 01:53 PM
Moody’s Spots 3 Ongoing Factors Pushing US Subprime Auto ABS Risk Higher
Monday, Jul. 8, 2013, 12:00 AM
Nick Zulovich
NEW YORK — The newest report from Moody's Investors Service detailed the three factors that could lead to higher credit losses for subprime auto lending. Analysts mentioned risk factors such as weakening loan credit, stiff competition among originators and readily ... [Read More]
CUDL Reaches New Dealer Milestone
Monday, Jul. 8, 2013, 12:00 AM
Nick Zulovich
ONTARIO, Calif. — CUDL, administrators of one of the largest lending service networks for credit unions in the United States, recently announced that its lending network expanded to include a new milestone. The network now includes 10,000 dealers. The company ... [Read More]
Westcott: CFPB Guidance Questioned by Industry and Lawmakers
Monday, Jul. 8, 2013, 12:00 AM
Nick Zulovich
McLEAN, Va. — Ever since the Consumer Financial Protection Bureau released its fair lending guidance to indirect auto lenders on March 21, dealers and lenders have questioned the basis for the guidance — and now Washington lawmakers are, as well. ... [Read More]
Fitch: Subprime Auto ABS Displays Some Turbulence as Prime Shines in May
Friday, Jul. 5, 2013, 12:00 AM
Nick Zulovich
NEW YORK — As subprime auto ABS metrics softened a bit, Fitch Ratings noticed net loss levels for U.S. prime auto ABS dropped for the fourth straight month. Analysts said that continued low delinquencies are signaling firm footing for overall ... [Read More]
VINtek Signs 3,000th Lender for Automotive Collateral Management Technology and ELT Services
Friday, Jul. 5, 2013, 12:00 AM
Nick Zulovich
PHILADELPHIA — VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, reached a new customer milestone. The company recently signed its 3,000th ELT client. VINtek explained ELT replaces a ... [Read More]
Primeritus Financial Services Hits 500,000th Repossession Assignment
Friday, Jul. 5, 2013, 12:00 AM
Nick Zulovich
NASHVILLE, Tenn. — After a year of multiple acquisitions, restructuring and rebranding, Primeritus Financial Services celebrated the company's 500,000th repossession assignment this week. Primeritus Financial Services chief executive officer Chuck Tapp reflected on the accomplishment and shared when he hopes ... [Read More]
GrooveCar & 100 Long Island Stores Join Forces to Promote Special Credit Union Financing Deals
Friday, Jul. 5, 2013, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y. — GrooveCar is gearing up for its 14th annual summer sale aimed at helping dealerships move more metal through financing underwritten by some of Long Island's largest credit unions. During this exclusive 10-day event that runs from July ... [Read More]
Ranking Senate Banking Committee Member Seeks Investigation of CFPB’s ‘Big Data’ Collection
Wednesday, Jul. 3, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — How the Consumer Financial Protection Bureau is conducting its business continues to be questioned by leaders on Capitol Hill. On Tuesday, Sen. Mike Crapo requested that the Government Accountability Office (GAO) investigate what he called the "big ... [Read More]
Financing for Subprime Buyers Fuels Better-Than-Expected June Used Sales Totals
Wednesday, Jul. 3, 2013, 12:00 AM
Nick Zulovich
BANDON, Ore. — The opportunity for subprime and deep subprime customers to secure financing helped the June used-vehicle sales total to climb well above CNW Research's initial expectations. CNW found June sales were up from both May and the year-ago ... [Read More]
Year-Over-Year Volume Increases Prompt SFG Finance to Bolster Executive Team
Wednesday, Jul. 3, 2013, 12:00 AM
Nick Zulovich
ARLINGTON, Texas — SFG Finance, a purchaser of paper from buy-here, pay-here dealers, franchised stores, finance companies, banks and credit unions, recently added three industry veterans to its team. In light of enjoying significant year-over-year increases in volume, SFG Finance ... [Read More]
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