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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

Subprime Industry Assesses 2013 Tax Season

Wednesday, Jun. 5, 2013, 12:00 AM
Nick Zulovich
CARY, N.C. — As the calendar approaches the midpoint of 2013, lenders, dealers and service providers are getting a clearer picture about just how unusual this year's tax season was for the used-vehicle industry. Among the perspectives collected by SubPrime ... [Read More]

Experian: Finance Companies Gain Greater Market Share in Q1

Wednesday, Jun. 5, 2013, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — As new-vehicle leasing hit record levels, Experian Automotive's latest analysis showed how much momentum the subprime finance sector gained during the first quarter. According to its State of the Automotive Finance Market report released on Tuesday, Experian ... [Read More]

Westlake Flooring Services Selects Quiktrak to Provide Floorplan Audit Services

Wednesday, Jun. 5, 2013, 12:00 AM
Nick Zulovich
BEAVERTON, Ore. — Westlake Flooring Services recently entered into an agreement with Quiktrak, an asset verification and inventory audit solutions provider to handle the auto finance company's field auditing services. Officials highlighted Westlake has experienced tremendous growth in just a ... [Read More]

GE Capital, Element Financial Announce Cross-Border Fleet Services Alliance

Wednesday, Jun. 5, 2013, 12:00 AM
Nick Zulovich
NORWALK, Conn. and TORONTO — Element Financial Corp. and GE Capital announced a definitive asset purchase agreement late last week under which Element would acquire GE Capital's Canadian fleet portfolio. The deal the companies entered would also result in Element ... [Read More]

3 Crucial Takeaways from CFPB Examination Manual

Monday, Jun. 3, 2013, 12:00 AM
Nick Zulovich
RALEIGH, N.C. — FNI president David Bafumo recently studied what he believes are the three most important sections relevant to auto finance companies and dealers from the examination manual issued by the Consumer Financial Protection Bureau. Bafumo dissected more than ... [Read More]

3 Retail Businesses That Offer Glimpse Toward Used-Vehicle Sales Potential

Monday, Jun. 3, 2013, 12:00 AM
Nick Zulovich
ATLANTA — Manheim chief economist Tom Webb gave some examples of retail sectors that might give a "true sense of the psyche of many used-vehicle buyers." So what kinds of businesses should dealers and finance companies watch besides traffic to ... [Read More]

Ford Motor Credit, VW Credit Among Companies Out to Help Oklahoma Tornado Victims

Monday, Jun. 3, 2013, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Captive finance companies, OEMs and more have the victims of the recent Oklahoma tornadoes top of mind, donating money for relief efforts and deferring payments for customers in the storms' paths. Ford Motor Credit and Lincoln Automotive ... [Read More]

Provider Exchange Network and Fidelis PPM Finish Integration to Help F&I Managers

Monday, Jun. 3, 2013, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Fidelis PPM and Provider Exchange Network (PEN), a division of Open Dealer Exchange, recently completed integration to offer dealers the ability to rate and contract for Fidelis F&I products directly through leading finance desking software for dealers. ... [Read More]

NABD Focuses on 3 Themes During Annual Events

Friday, May. 31, 2013, 12:00 AM
Nick Zulovich
LAS VEGAS — With the largest contingent of exhibitors ever welcoming more attending dealers than the previous year, the National Alliance of Buy-Here, Pay-Here Dealers attempted to give all operators plenty of takeaways either to establish or improve their dealerships. ... [Read More]

BMW Group Financial Services Retail and Lease Portfolio Now Exceeds 1M

Friday, May. 31, 2013, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — As BMW Group Financial Services approaches its 20th anniversary of conducting business in the United States, the captive finance arm achieved another milestone. This week, officials highlighted BMW Group Financial Services surpassed more than 1 million ... [Read More]
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