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Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here
Industry Elite: Chuck Tapp of America’s Group
Friday, Mar. 20, 2026, 01:04 PM
Next up on our series with the inaugural Industry Elite: The C-Suite honorees is America’s Group CEO Chuck Tapp. In this episode, we revisit Tapp’s fireside chat with Cherokee Media Group president Bill Zadeits at Used Car Week 2025. They ... Listen Here

AFSA Launches Compliance Committee

Monday, Aug. 26, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association contends the industry has been faced with a slew of new rules and regulations since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act. To help its members prepare ... [Read More]

Potential Used-Car Buyers Still Struggling Economically

Monday, Aug. 26, 2013, 12:00 AM
Nick Zulovich
ATLANTA — Manheim chief economist Tom Webb pointed to a series of summertime reports and other consumer trends that show middle-class and lower-income individuals — the primary potential buyers of used vehicles — are continuing to be pinched by a ... [Read More]

States with Highest & Lowest Average APR

Friday, Aug. 23, 2013, 12:00 AM
Nick Zulovich
LOS ANGELES — Analysts from GoBankingRates.com sifted through reams of data from a host of different finance institutions and government agencies to determine the Top 10 states with the highest and lowest average APR for vehicle contracts. The lists represented ... [Read More]

Equifax Launches New Product to Provide Enhanced Consumer Credit Insights and Reduce Risk

Friday, Aug. 23, 2013, 12:00 AM
Nick Zulovich
ATLANTA — This week, Equifax rolled out the availability of a new product, Equifax Dimensions, which can deliver what the company highlighted is a more in-depth picture of past credit behavior in order to better predict future credit trends.  Using ... [Read More]

Paymaxx Pro Integrates with AutoAction DMS

Friday, Aug. 23, 2013, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Paymaxx Pro, a national automotive retail merchant services and payment processing firm, recently integrated its payment processing services with AutoAction, a product specifically catered to dealers in Texas. Executives highlighted the integration is geared to give dealers ... [Read More]

Lease Customer Credit Approvals Reach High for the Year

Friday, Aug. 23, 2013, 12:00 AM
Nick Zulovich
CINCINNATI — Swapalease.com reported continued increases this year for customer credit approval on lease transactions through the end of July. According to website data, total year-to-date credit approvals stood at 75.6 percent through July, up from 73.9 percent through the ... [Read More]

S&P/Experian: Auto Loan Defaults Tick Up Slightly From Record Low

Wednesday, Aug. 21, 2013, 12:00 AM
Nick Zulovich
NEW YORK — After establishing a new record low in June, analysts from S&P Dow Jones Indices and Experian noticed the auto loan default rate ticked up slightly in July. According to S&P/Experian Consumer Credit Default Indices, the auto loan ... [Read More]

Ally Makes Private Placement of Common Stock and Plan to Repurchase Securities from US Treasury

Wednesday, Aug. 21, 2013, 12:00 AM
Nick Zulovich
DETROIT — Ally Financial took another step on Tuesday toward its full repayment of the U.S. Treasury in moves the company believes "will further strengthen the common equity base." Ally entered into agreements with certain investors providing for a private ... [Read More]

AFS Acceptance Acquires Portfolio and Intellectual Property from PACCO

Wednesday, Aug. 21, 2013, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — AFS Acceptance — a full-service auto finance company serving the subprime financing needs of franchised and independent dealers — recently acquired the assets and intellectual property of Preferred Automobile Credit Co. (PACCO), a Pennsylvania-based auto finance ... [Read More]

Global Lending Services Taps Former AmeriCredit Executive to Be CIO

Wednesday, Aug. 21, 2013, 12:00 AM
Nick Zulovich
ATLANTA — Subprime auto financing provider Global Lending Services recently appointed a chief information officer. Tapped for the position was Michael Miller, who has spent more than 20 years serving in corporate-level positions for both public and private organizations. Miller ... [Read More]

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