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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

CNW: October Subprime Loan Approvals Rise Nearly 50 Percent Year-Over-Year

Wednesday, Oct. 24, 2012, 12:00 AM
Nick Zulovich
BANDON, Ore. — While touching on what new buy-here pay-here regulations California did to its long-term used-vehicle sales projections, CNW Research indicated the year-over-year climb in subprime loan approvals is continuing. This month, CNW said loan approvals for customers with ... [Read More]

CPS Posts First Quarter of Organic Sequential Revenue Growth Since 2007

Wednesday, Oct. 24, 2012, 12:00 AM
Nick Zulovich
IRVINE, Calif. — What top executives said was the company's first quarter of organic sequential revenue growth since 2007, Consumer Portfolio Services posted in third-quarter gains in earnings, revenue and new contracts purchases. The company tabulated that its earnings came ... [Read More]

Ally Financial Sells Canadian Auto Lending Operations

Wednesday, Oct. 24, 2012, 12:00 AM
Nick Zulovich
DETROIT — Less than seven days after announcing it was selling insurance business interests in Mexico, Ally Financial on Tuesday reached an agreement to sell its Canadian auto finance operation, Ally Credit Canada, and ResMor Trust to Royal Bank of ... [Read More]

Ford Credit Names Successor to Retiring Chairman & CEO

Wednesday, Oct. 24, 2012, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford Motor Co. announced this week that Mike Bannister, executive vice president and chairman and chief executive officer of the OEM's financial arm, Ford Motor Credit Co., has elected to retire effective Jan. 1. After 39 years ... [Read More]

Webb Shares Repossession Volume Forecast

Monday, Oct. 22, 2012, 12:00 AM
Nick Zulovich
ATLANTA — Manheim chief economist Tom Webb projected repossession volumes will climb next year while also explaining why that growth will be tempered. Webb estimated a "relatively small increase" in repossession volume for 2013, "say in the neighborhood of 75,000 ... [Read More]

Finance Express Unveils Android Version of FEX Mobile App

Monday, Oct. 22, 2012, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently rolled out a free Android version of its FEX Mobile App solution. Officials highlighted the DMS mobile application is tightly integrated with FEX DMS and can allows dealers to quickly scan and ... [Read More]

Car-Mart Unveils Fourth Store in Mississippi

Monday, Oct. 22, 2012, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart recently broadened its network of buy-here, pay-here dealerships in Mississippi. Car-Mart's newest location is in Oxford, Miss., bringing the company's total to 117 stores throughout the Southeast. "Oxford is our fourth location to open in ... [Read More]

BHPH Dealers Gather to Learn at NABD East Coast Conference

Monday, Oct. 22, 2012, 12:00 AM
Nick Zulovich
ATLANTA — General recommendations about what dealers should do when a buyer files for bankruptcy, how successful stores keep quality employees and operators who are starting their tax season before Halloween comprised the opening day of content at the NABD ... [Read More]

Capital One Auto Finance Taps New President, Reports Q3 Performance

Friday, Oct. 19, 2012, 12:00 AM
Nick Zulovich
McLEAN, Va. — While documents filed with the Securities and Exchange Commission this week confirmed Capital One Auto Finance will have a new president as of Nov. 1, the company watched its auto loan originations soften during the third quarter. ... [Read More]

Equifax Rolls Out Tool for Improved Targeting of Pre-approved Loan Offers

Friday, Oct. 19, 2012, 12:00 AM
Nick Zulovich
ATLANTA — Equifax contends that automotive lenders can now receive unprecedented levels of marketing intelligence to more effectively prescreen and target prospective consumers for pre-approved offers with its newest tool rolled out this week — True In-Market Propensity (TIP) Scores. ... [Read More]

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