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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

3 Republican Senators Out to Block CFPB Actions in Light of Appeals Court Decision

Friday, Feb. 1, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — By the time an assistant director from the Consumer Financial Protection Bureau makes a return engagement as the keynote speaker during the National Automotive Finance Association's annual conference this summer, the agency's structure and regulatory power could ... [Read More]

Marchionne’s Take on Chrysler Having a Captive Finance Arm

Friday, Feb. 1, 2013, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — While Chrysler Group reportedly might be creating a new captive finance company later this year, chairman and chief executive officer Sergio Marchionne told investment analysts this week why he's happy the automaker currently does not have ... [Read More]

How Negative Student Loan Trends Could Affect Auto Lending Market

Wednesday, Jan. 30, 2013, 12:00 AM
Nick Zulovich
CHICAGO and SAN JOSE, Calif. — As CNW Research noticed subprime auto loan approvals rising year-over-year by at least 40 percent yet again this month, TransUnion and FICO Labs spotted potential trouble on the horizon for lenders and dealers working ... [Read More]

Ford Motor Credit Outlines Factors for Full-Year Profit, Net Income Dips

Wednesday, Jan. 30, 2013, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit explained why its pre-tax profit of $1.7 billion in 2012 dropped from $2.4 billion a year earlier. The company said when releasing its fourth-quarter and full-year financial report on Tuesday that the decrease in ... [Read More]

GLS Unveils Marketing Partnership with Dr. J Enterprises

Wednesday, Jan. 30, 2013, 12:00 AM
Nick Zulovich
ATLANTA — Global Lender Services entered into a marketing agreement this week with one of the best professional basketball players ever, Julius Erving. To promote the GLS brand as well as its subprime auto finance products and services, this partnership ... [Read More]

RDN: Recoveries Close 2012 on Downward Path

Wednesday, Jan. 30, 2013, 12:00 AM
Nick Zulovich
REDWOOD CITY, Calif. — After climbing for two months in a row, the latest RDN Monthly Analytics Update indicated December recovery volumes decreased 1 percentage point from the November level, leaving 2012 closing on a trend of consecutive month-over-month dips. ... [Read More]

Fitch: Seasonal Patterns Spark December Auto ABS Losses

Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings' latest index results indicated seasonal patterns drove losses on both U.S. prime and subprime auto loan ABS higher last month. Despite this trend, Fitch expects prime asset performance to remain strong in 2013. However, losses ... [Read More]

Appeals Court Ruling Potentially Clouds CFPB Impact

Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Could a decision late last week by the U.S. Circuit Court of Appeals for the D.C. Circuit eventually nullify the moves by the Consumer Financial Protection Bureau since Richard Cordray became director? A former top legal counsel ... [Read More]

First Investors Completes $187M Asset-Backed Financing

Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
HOUSTON — First Investors Financial Services announced late last week that it has completed the issuance of $187 million in term asset-backed notes in a private placement transaction. The notes were issued by a wholly-owned subsidiary of the company through ... [Read More]

AASC Plans Industry Memorial Service for Meadows

Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
ATLANTA — An industry memorial service is on tap next month in honor of Auto Auction Services Corp. president and chief executive officer Don Meadows, who died on Dec. 10. The event will take place at the Westin Atlanta Perimeter ... [Read More]

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