United Car Dealers Association Leaders Join CUCW Live Stage
Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here
Thursday, Jun. 25, 2026, 07:09 PM
Blair Earle of IAA Canada
Kicking off our series of Auto Remarketing Podcast episodes from the Live Stage at Canada’s Used Car Week is a conversation with Blair Earle, who is managing director at IAA Canada. Earle and Cherokee Media Group senior editor Joe Overby ... Listen Here
Thursday, Jun. 25, 2026, 06:59 PM
SPONSORED EPISODE: Bracing for more than ‘portfolio stress’ with John Elias of Allied Solutions
John Elias, sales specialist in auto finance business development with Allied Solutions, acknowledged lenders might be experiencing more than just “portfolio stress” since delinquencies, insurance costs, negative equity, and repossessions are all intensifying at the same time. Elias, who was ... Listen Here
Monday, Jun. 22, 2026, 07:11 PM
APR on New-Car Notes at Commercial Banks Hits Lowest Point in 6 Years
Wednesday, Jul. 10, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve reported that interest rates for new-vehicle loans at commercial banks dropped to the lowest point compared to data that goes back to 2007. The rate for these 48-month contracts dropped to 4.13 percent in ... [Read More]
Santander Consumer USA Looks to Generate $50M Through IPO
Monday, Jul. 8, 2013, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA is going public. According to documents filed with the Securities and Exchange Commission last week, Santander Consumer USA intends to use the net proceeds received through the $50 million initial public offering for general corporate ... [Read More]
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]
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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