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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
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

AFSA Gives 3 Distinguished Service Awards During Annual Meeting

Nick Zulovich
WASHINGTON, D.C. — Along with installing its new chair, American Financial Services Association honored three executives during its annual meeting this week. Given AFSA's Distinguished Service Award in recognition of their significant contributions to AFSA and the consumer finance industry ... [Read More]

Ally Financial Announces 2014 TIME Dealer of the Year Nominees

Nick Zulovich
DETROIT — Ally Financial said Thursday that 57 dealers have been selected as nominees for the 2014 TIME Dealer of the Year award, which recognizes the nation's most successful dealers who also demonstrate a long-standing commitment to community service. Now ... [Read More]

FNI Pinpoints Top 3 Add-On Product Hazards For Auto Finance Providers

Nick Zulovich
RALEIGH, N.C. — FNI Inc., a collateral protection and consumer benefit program product and compliance agency for auto finance providers,  tackled what president David Bafumo believes are the top hazards to avoid when offering captive or preferred add-on programs. Bafumo ... [Read More]

TransUnion Unveils New Product to Uncover Deeper Insights Into Credit Behavior

Nick Zulovich
CHICAGO — This week,  TransUnion launched an enhanced credit information solution called CreditVision, what the bureau described as a new look in consumer credit data reporting that can allow for deeper insights into credit behavior for both businesses and consumers. ... [Read More]

NextGear Capital Taps Former Agero, ADESA Exec to Be New VP of Commercial Accounts

Nick Zulovich
CARMEL, Ind. — On Tuesday, NextGear Capital appointed a new vice president of commercial accounts who previously worked in the salvage auction industry along with posts at Agero and ADESA. Taking on this new role with NextGear Capital is Bradley ... [Read More]

Del Mar Recovery Solutions Expands Operations into Michigan

Nick Zulovich
CARLSBAD, Calif. — Skip-tracing, repossession and remarketing management firm Del Mar Recovery Solutions recently expanded its call center operations into Grand Rapids, Mich. Company executives highlighted that a year of steady growth across all of their business lines led Del ... [Read More]

Jeff Haynes Tapped to Be First Re3 Executive of the Year

Nick Zulovich
SAN DIEGO — In the second of three new honors to be handed out during Used Car Week, Auto Remarketing and SubPrime Auto Finance News announced the inaugural winner of the Re3 Executive of the Year Award presented by Consolidated ... [Read More]

CPS Assesses Current Competition from Banks and Larger Auto Financing Firms

Nick Zulovich
IRVINE, Calif. — After wrapping up another quarter of net income growth, Consumer Portfolio Services again addressed competition in the subprime auto financing market. However, late last week, instead of touching on startups that are entering the arena, CPS chairman ... [Read More]

J.D. Power: Combined August & September Lease Volume Climbs by 121K Units

Nick Zulovich
CARY, N.C. — Lease subvention climbed more than 5 percent year-over-year in September, which was the first increase in seven months, according to Autodata Corp. data in the latest Guidelines report from NADA Used Car Guide. The report noted that ... [Read More]

New Ohio Finance Company Rolls Out Online Platform

Nick Zulovich
CINCINNATI — A new finance company servicing dealers and consumers in Ohio is now taking credit applications online. Officials from Buckeye Auto Finance explained their online platform is designed to assist potential nonprime purchasers with important approval criteria such as: ... [Read More]

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