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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

Reshuffle Brings New Marubeni Executive to Westlake Financial Services

Friday, Mar. 1, 2013, 12:00 AM
Nick Zulovich
LOS ANGELES — Marubeni Corp., which owns a 20 percent stake in Westlake Financial Services and has two seats on the company board, announced the promotion of an executive to general manager of Marubeni Automotive Department-I among other changes. Relocating ... [Read More]

ARA and NFA Merge Into One Trade Association, Roll Out New Forwarding Co-op

Friday, Mar. 1, 2013, 12:00 AM
Nick Zulovich
AUSTIN, Texas — In developments that likely will affect many repossession agencies, lenders' recovery departments and repo units coming down the lanes, the American Recovery Association and National Finance Adjusters merged into one trade association this week. Officials explained the ... [Read More]

TransUnion: Non-prime Originations, Delinquencies Rose During Second Half of 2012

Wednesday, Feb. 27, 2013, 12:00 AM
Nick Zulovich
CHICAGO — While noticing a surge in non-prime originations, TransUnion came out Tuesday saying that the national auto loan delinquency rate moved higher to close 2012 but continued to remain near historic low levels. TransUnion determined the ratio of borrowers ... [Read More]

700Credit Announces Integration Partnership with ADAM Systems

Wednesday, Feb. 27, 2013, 12:00 AM
Nick Zulovich
TORRANCE, Calif. — 700Credit, one of the nation's largest credit reporting agencies offering a suite of value-added compliance services to more than 4,000 dealers, recently formed an integration partnership with ADAM Systems. Officials explained this agreement will allow ADAM Systems ... [Read More]

NextGear Capital Closes $1.55 Billion Financing Securitization

Wednesday, Feb. 27, 2013, 12:00 AM
Nick Zulovich
CARMEL, Ind. — NextGear Capital recently closed a $1.55 billion securitized bank facility. Led by the Bank of Tokyo-Mitsubishi, the company highlighted the two-year securitized facility provides flexibility and tremendous lending capacity through a large six bank syndicate. Executives noted ... [Read More]

Sonic Stretches F&I Revenue by Double-Digits; Lithia, Group 1 Looking for More

Tuesday, Feb. 26, 2013, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — It was a busy year in the F&I office at Sonic Automotive dealerships, as the retailer increased revenue in the finance, insurance and other category by nearly 20 percent in 2012. Sonic closed the year by pushing ... [Read More]

Chase Auto Finance Taps New CEO

Monday, Feb. 25, 2013, 12:00 AM
Nick Zulovich
NEW YORK — Chase Auto Finance appointed a new chief executive officer today, succeeding Marc Sheinbaum who has asked to pursue other opportunities. Moving into the role is Thasunda Brown Duckett who previously was part of Chase's consumer and community ... [Read More]

CNW: February Subprime Approvals on Softening Trend

Monday, Feb. 25, 2013, 12:00 AM
Nick Zulovich
BANDON, Ore. — While approvals for subprime deals is one of the factors that appears to be taking some steam out of new-vehicle sales momentum this month, CNW Research also noticed that the percentage of used-vehicle contracts with buyers having ... [Read More]

Car-Mart Grows Q3 Sales by 16 Percent as Competition Heightens

Monday, Feb. 25, 2013, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — As more lenders are buying deeper into subprime pools, buy-here, pay-here dealership chain America's Car-Mart managed to post a 16-percent increase in the number of units sold during the third quarter of its fiscal year. Car-Mart turned ... [Read More]

DealerCenter, IADAC Complete Co-Marketing Agreement

Monday, Feb. 25, 2013, 12:00 AM
Nick Zulovich
LOS ANGELES — In a state where more regulation went into place this year specifically targeted at buy-here, pay-here stores, Nowcom Corp.'s DealerCenter and the Independent Automobile Dealers Association of California announced today that they have entered into a memorandum ... [Read More]

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