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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
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

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]

NABD Unveils Agendas for Annual Dealer Academy & Conference

Friday, Feb. 22, 2013, 12:00 AM
Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers revealed its preliminary agenda for its Dealer Academy and 15th annual National Conference, including who will give the keynote address. Along with training and timely discussion about credit, compliance, best practices ... [Read More]

Experian Automotive Spots First Quarterly Rise in Delinquencies Since Late 2009

Friday, Feb. 22, 2013, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive reminded lenders and dealers that despite a marginal rise in delinquencies for the first time since 2009, the auto lending market "is extremely healthy." Experian found that 60-day delinquencies rose from 0.72 percent in the ... [Read More]

Report: CFPB Set to Sue Four Banks Over Auto Lending

Friday, Feb. 22, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — In what the compliance counsel from Dealertrack Technologies cautioned might be coming, an online report earlier this week said the Consumer Financial Protection Bureau has told at least four banks that it may sue them over vehicle ... [Read More]

Lithia Upbeat About Subprime Buyer Market Penetration

Friday, Feb. 22, 2013, 12:00 AM
Nick Zulovich
MEDFORD, Ore. — Of the finance deals Lithia Motors facilitated during the fourth quarter, 13 percent of those contracts went to subprime buyers: a level company officials said was consistent with a year earlier. But Lithia is looking for more ... [Read More]

AUL Corp. Partners with AAA Mid-Atlantic to Enhance Vehicle Protection Program

Wednesday, Feb. 20, 2013, 12:00 AM
Nick Zulovich
NAPA, Calif. — Service contract provider AUL Corp. recently partnered with AAA Mid-Atlantic as the administrator of its new-vehicle service contract program also known as AAA Vehicle Protection Plan or VPP. Officials explained this relationship was designed to enhance AAA ... [Read More]

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