2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
PODCAST: Used Car Week Hall of Famer Becky Igo of Allied Solutions
Tuesday, Nov. 11, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Wednesday, Nov. 12, 2025, 04:19 PM
Used Car Week Hall of Famer Kathy Ruble of Ally
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
Tuesday, Nov. 11, 2025, 07:52 PM
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here
Tuesday, Nov. 11, 2025, 05:28 PM
World Omni Financial Reveals New President to Replace Frank Armstrong
Friday, Nov. 9, 2012, 12:00 AM
Nick Zulovich
DEERFIELD BEACH, Fla. — World Omni Financial Corp. revealed this week it has named a new president. Tapped for the position is Dan Chait, who joined World Omni in 2002 after holding senior-level positions at US Airways, AutoNation and UniCaptial ... [Read More]
J.D. Byrider Hits $1 Billion in Outstanding Retail Installment Contracts
Friday, Nov. 9, 2012, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Coinciding with the opening of its fifth buy-here, pay-here dealership in North Carolina, J.D. Byrider recently reached a new milestone: $1 billion in outstanding retail installment contracts. During the 23 years the company has been in business, ... [Read More]
AFC Targets More Floor Planning Penetration in Salvage Market and More
Friday, Nov. 9, 2012, 12:00 AM
Nick Zulovich
CARMEL, Ind. — KAR Auction Services management reiterated a pledge this week to make Automotive Finance Corp. an even greater resource for independent dealers with intentions to expand floor planning opportunities for salvage vehicles as well as motorcycles, recreational vehicles ... [Read More]
DSC of Indiana Floors 3 Millionth Vehicle
Wednesday, Nov. 7, 2012, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Dealer Services Corp. of Indiana achieved another significant milestone recently by floor planning its three millionth vehicle. DSC celebrated the historic occasion by paying off the vehicle for the purchaser, which was Mouse Auto Sales and presented ... [Read More]
Ally, GrooveCar Arrange for Loan Payment Deferral within Sandy-Effected Region
Wednesday, Nov. 7, 2012, 12:00 AM
Nick Zulovich
DETROIT and HAUPPAUGE, N.Y. — As well as GrooveCar, a provider of point-of-sale credit union auto lending, Ally Financial is rolling out deferred payment assistance to customers in areas affected by Superstorm Sandy. Ally said today that it will offer ... [Read More]
ABI: October Bankruptcies Jump 16 Percent
Wednesday, Nov. 7, 2012, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute found total filings in the United States for October increased 16 percent compared to September. According to data provided by Epiq Systems, October bankruptcy filings totaled 101,278, up from the 87,522 filings registered ... [Read More]
RDN: September Recovery Volume and Orders Rise
Wednesday, Nov. 7, 2012, 12:00 AM
Nick Zulovich
REDWOOD CITY, Calif. — The most recent RDN Monthly Analytics Update indicated September recovery volumes increased 4 percentage points from August levels. But, the September reading still settled 4 points below year-ago levels. RDN indicated September recovery orders climbed 6 ... [Read More]
Large & Small Operators Share Pain of Matching Vehicles with Loans
Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
BLOOMFIELD HILLS, Mich. — Whether it's associated with a large, public dealer group or a single buy-here, pay-here lot, matching vehicles up with financing remains one of the biggest challenges managers still face nowadays. Recently, SubPrime Auto Finance News found ... [Read More]
Credit Acceptance’s Q3 Loan Volume Climbs 5 Percent
Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Triggered by a 5-percent uptick in loan unit volume, Credit Acceptance Corp. posted a gain in consolidated net income during the third quarter. The company determined its consolidated net income came in at $53.0 million or $2.12 ... [Read More]
GM Announces New $11 Billion Revolving Credit Facility
Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
DETROIT — General Motors announced a new $11 billion revolving credit facility this morning, an opportunity officials said also can be tapped by GM Financial. GM said this facility consists of a $5.5 billion three-year facility and a $5.5 billion ... [Read More]
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