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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
Industry Elite: Grace Huang of Cox Automotive
Thursday, Mar. 19, 2026, 04:49 PM
Kicking off our podcasts with the inaugural Industry Elite: The C-Suite honorees is a conversation with Grace Huang, president of Cox Automotive Inventory Solutions. Huang talks with Cherokee Media Group senior editor Joe Overby about her journey from business consultant ... Listen Here

Chrysler Capital Commences Official Business Today

Wednesday, May. 1, 2013, 12:00 AM
Nick Zulovich
DALLAS — The new private-label, full-service lending program of Santander Consumer USA and Chrysler Group officially launched today. Chrysler Capital is designed to offer a broad spectrum of financing services for Chrysler customers and dealers. Under a 10-year, private-label agreement ... [Read More]

Fitch: US Auto ABS Generates ‘Stellar’ March Performance

Wednesday, May. 1, 2013, 12:00 AM
Nick Zulovich
NEW YORK — As expected by Fitch Ratings, U.S. auto ABS posted "stellar" seasonal results in March. Fitch indicated both losses and delinquencies declined across prime and subprime auto ABS even as used-vehicle values softened, a trend analysts are expecting ... [Read More]

MBSi Capital Unveils Mobile Application to Manage Repo Assignments in the Field

Wednesday, May. 1, 2013, 12:00 AM
Nick Zulovich
PHOENIX — MBSi Capital, the developer of the Re-Pros and iRepo repossession software suites, rolled out what it's calling the repossession industry's first full-featured mobile application. The company highlighted the solution can enable repossession companies to manage and update assignments ... [Read More]

CNW Spots Slowdown in Subprime Approvals This Month

Monday, Apr. 29, 2013, 12:00 AM
Nick Zulovich
BANDON, Ore. — Approvals for subprime auto loans might have hit a speed bump this month. CNW Research indicated that subprime loan approvals have softened by 3.94 percent so far in April as compared to March. President Art Spinella elaborated ... [Read More]

Credit Acceptance Announces Completion of $140.3 Million Asset-Backed Financing

Monday, Apr. 29, 2013, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. last week announced the completion of a $140.3 million asset-backed non-recourse secured financing. Pursuant to this transaction, the company said it contributed loans having a net book value of approximately $187.8 million to a ... [Read More]

New York Officials Ask Credit Bureaus to Modify Sandy Victims’ Scores

Monday, Apr. 29, 2013, 12:00 AM
Nick Zulovich
ALBANY, N.Y. — New York Gov. Andrew Cuomo is asking credit scoring and reporting bureaus to take immediate action to stop the lowering of credit scores for Superstorm Sandy victims who may be enduring storm-related financial difficulties "beyond their control." ... [Read More]

Nationwide Acceptance Pushes Footprint to 23 States

Monday, Apr. 29, 2013, 12:00 AM
Nick Zulovich
CHICAGO — Nationwide Acceptance expanded its subprime auto sales finance program to service dealers, broadening its footprint to 23 states. Last week, Nationwide Acceptance began operating in Alabama. "We are very excited to continue our expansion and to offer our ... [Read More]

Lithia Leadership Reiterates Value All Dealers Play in Financing Process

Friday, Apr. 26, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MEDFORD, Ore. — Three members of Lithia Motors' management team all voiced strong opinions about the Consumer Financial Protection Bureau's recent guidance on indirect auto lending and dealers' role in retail vehicle ... [Read More]

SEC Charges Capital One with Understating Auto Loan Losses

Friday, Apr. 26, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Securities and Exchange Commission on Thursday charged Capital One and two senior executives for understating millions of dollars in auto loan losses incurred during the months leading into the financial crisis. Officials said an SEC investigation ... [Read More]

Top 10 Used & New Models Eyed by Non-prime Buyers

Friday, Apr. 26, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — CarFinance.com released data on the top 10 new- and used-vehicle choices for its below-prime car buyers during the past six months. Comprising the list of used vehicles were three pickups from domestic OEMs. The Top 10 included: ... [Read More]

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