2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
Lender executives & industry experts distill current status of subprime auto finance
Wednesday, Nov. 5, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Monday, Oct. 27, 2025, 04:17 PM
Ally’s Q3 Originations Soften Slightly
Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
NEW YORK — Ally Financial's North American Automotive Finance, which includes operations for the U.S. and Canada, watched both its pre-tax income and loan originations soften during the third quarter. The company reported this morning that its third-quarter pre-tax income ... [Read More]
Despite Sandy’s Impact, October Used Sales Still Manage Year-Over-Year Gain
Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
BANDON, Ore. — As damage tallies stemming from Superstorm Sandy continue to climb, CNW Research determined the storm cost the used-vehicle industry nearly a quarter-million used sales in October. Or, put another way, $2 billion in "probable value." Nonetheless, CNW ... [Read More]
OpenRoad Lending, TrueCar Form Partnership
Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas and SANTA MONICA, Calif. — OpenRoad Lending, an online direct-to-consumer auto finance company, recently partnered with TrueCar for an alliance aimed at creating a better experience for consumers and dealers. With the new program on OpenRoad ... [Read More]
AutoNation Taps CU Direct Connect as a Preferred Lender
Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
CENTENNIAL, Colo. — CU Direct Connect announced this week that it has signed an agreement with AutoNation that names CU Direct Connect as a preferred lender for all of the dealer group's stores in Colorado. The agreement was effective as ... [Read More]
First Investors Shareholders Overwhelmingly Approve Merger with Private Equity Firm
Wednesday, Oct. 31, 2012, 12:00 AM
Nick Zulovich
HOUSTON — First Investors Financial Services Group said Tuesday's special meeting of its shareholders resulted in approval of the company's previously announced merger with an affiliate of Aquiline Capital Partners, a New York-based private equity firm investing in the financial ... [Read More]
GM Financial, Ford Motor Credit Watch Q3 Net Income Rise
Wednesday, Oct. 31, 2012, 12:00 AM
Nick Zulovich
DEARBORN, Mich., and FORT WORTH, Texas — Both General Motors Financial and Ford Motor Credit posted gains in third-quarter net income, according to reports the companies shared Tuesday and this morning. The company that posted a higher year-over-year increase was ... [Read More]
CarHop Continues BHPH Network Expansion, Branching into Pennsylvania
Wednesday, Oct. 31, 2012, 12:00 AM
Nick Zulovich
EDINA, Minn. — Buy-here, pay-here dealership chain CarHop not only bolstered its presence in well-established markets, the company recently opened a dealership in Pennsylvania to raise its footprint to 16 states. That newest store is in Pittsburgh, located at 3408 ... [Read More]
Consolidated Asset Recovery Systems Taps VP of Sales
Wednesday, Oct. 31, 2012, 12:00 AM
Nick Zulovich
RALEIGH, N.C. — Consolidated Asset Recovery Systems recently hired a new vice president of sales. Joining the provider of repossession and remarketing services is Jeff Swisher. CARS is looking for Swisher to help the company further scale the sales organization ... [Read More]
Fitch: Seasonality Pushes US Auto ABS Losses 12 Percent Higher
Monday, Oct. 29, 2012, 12:00 AM
Nick Zulovich
NEW YORK — The most recent index results from Fitch Ratings indicated U.S. auto ABS loss rates rose 12 percent from levels seen in August, though performance was notably stronger in September than in past years to close out the ... [Read More]
Expectations for Monthly Used-Car Sales
Monday, Oct. 29, 2012, 12:00 AM
Nick Zulovich
CARY, N.C. — As the October sales month winds down, used-car sales projections for the period are up. SubPrime Auto Finance News compiled the sale forecasts for October from TrueCar.com, Edmunds.com and CNW Research. While the numbers may vary, the ... [Read More]
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