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Automotive Intelligence Award honoree Satyan Merchant of TransUnion
Wednesday, Apr. 1, 2026, 07:01 PM
Our conversations with the 2026 Automotive Intelligence Award winners wrap up with Satyan Merchant, who is senior vice president, automotive and mortgage business leader at TransUnion. Merchant recollected how his interest in data started when studying statistics on the back ... Listen Here
Top Reasons Dealers can benefit by attending the Used Car Summit
Wednesday, Apr. 1, 2026, 03:27 PM
On this episode of the Auto Remarketing Podcast, Bill Zadeits has a conversation with Vanessa Rocha, VP, All-American Bonds and Insurance and a Board member with the Florida Independent Auto Dealers Association. Vanessa speaks to some of the big issues ... Listen Here
Industry Elite: Tony Rimas of XPEL
Tuesday, Mar. 31, 2026, 07:40 PM
Concluding our inaugural Industry Elite: The C-Suite honoree series is a conversation with Tony Rimas, who is vice president of global revenue at XPEL Inc. Rimas — an avid biker who swam and ran track & field and cross country ... Listen Here

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]

DriveTime’s Q2 Revenue & Unit Sales Climb but Margins Still Soften

Monday, Aug. 19, 2013, 12:00 AM
Nick Zulovich
PHOENIX — Despite a 20.7-percent increase in total revenue and an 18.3-percent jump in unit sales, DriveTime Automotive Group explained why its gross margins still softened during the second quarter. According to reports filed with the Securities and Exchange Commission, ... [Read More]

CNW: August on Pace for ‘Solid’ Month of Used Sales

Monday, Aug. 19, 2013, 12:00 AM
Nick Zulovich
BANDON, Ore. — Based on the first 15 days of the month, CNW Research is projecting that August will be a "solid" month for used-vehicle sales. The combination of retail metal turning at franchised and independent dealerships as well as ... [Read More]

AFSA Offers Recommendations on Proposed Rule Implementing NY Lien Release Law

Monday, Aug. 19, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association recently sent a letter to the commissioner of the New York State Department of Motor Vehicles on its proposed regulations implementing A. 1346-C. AFSA explained the law, enacted in December of last ... [Read More]

Toyota Financial Services Expands Student Scholarship Program to $1 Million

Monday, Aug. 19, 2013, 12:00 AM
Nick Zulovich
TORRANCE, Calif. — Toyota Financial Services recently recognized 100 high school students who overcame considerable hardships on their paths to college, presenting them with $1 million in scholarships. Officials highlighted this is the first year in which TFS expanded its ... [Read More]

CPS Likes Staffing Level as Originations Grow

Friday, Aug. 16, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — As Consumer Portfolio Services continues to buy more contracts, the company believes it's in a good personnel position to handle more originations while the subprime auto finance segment gains steam. CPS recently reported that it purchased $203.8 ... [Read More]

New York Fed: Auto Loan Balances Increase for Ninth Straight Quarter

Friday, Aug. 16, 2013, 12:00 AM
Nick Zulovich
NEW YORK — In its latest Household Debt and Credit Report, the Federal Reserve Bank of New York determined total auto loan balances in the second quarter increased $20 billion from the previous quarter, the ninth consecutive quarterly increase and ... [Read More]

GrooveCar Direct Expands National Footprint by Adding 4 New Credit Unions

Friday, Aug. 16, 2013, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y. — This week, GrooveCar signed four new credit unions nationwide to its GrooveCar Direct program, a vehicle-buying service customized for the credit union industry. The new signees include Kinecta FCU in Manhattan Beach, Calif., Washington, D.C.-based HEW Federal ... [Read More]

Experian: Repossessions Drop to Lowest Rate on Record

Wednesday, Aug. 14, 2013, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — As the amount of nonprime, subprime and deep subprime auto loans moved higher year-over-year, Experian Automotive discovered that quarterly vehicle repossessions dropped by 14.8 percent to achieve the lowest rate since analysts began tracking the data seven ... [Read More]

LHPH and Advantage Funding Align for Subprime Financing Program

Wednesday, Aug. 14, 2013, 12:00 AM
Nick Zulovich
SAN DIEGO — LHPH, a provider of services to the lease-here, pay-here and buy-here, pay-here industries, recently formed an exclusive relationship with Advantage Funding to provide financing for select dealers.  Officials explained LHPH and Advantage Funding worked together for more ... [Read More]

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