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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Concern Rising About Fiscal Cliff Impact on Auto Lending

Nick Zulovich
WEST BRIDGEWATER, Mass., and NEW YORK — More commentary from auto loan executives and industry analysts is combining "fiscal cliff" and "recession" into the same breath since time is dwindling for federal lawmakers to resolve tax and spending plan differences. ... [Read More]

J.D. Byrider Acquires Three BHPH Locations from Current Franchisee

Nick Zulovich
CARMEL, Ind. — Last week, J.D. Byrider added three formerly franchised locations to its portfolio of company-owned buy-here, pay-here dealerships.  Officials explained J.D. Byrider acquired the locations as part of a push to grow company-owned and managed locations, which the ... [Read More]

ABI: November Bankruptcy Filings Drop 12 Percent from Previous Year

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute said total bankruptcy filings in the U.S. for November decreased 12 percent compared to the previous year, according to data provided by Epiq Systems. Officials tallied that November bankruptcy filings totaled 86,946, down ... [Read More]

International AutoSource Partners with Enterprise Fleet Management to Help Expats with Vehicle Purchases & Leases

Nick Zulovich
WOODBURY, N.Y. — International AutoSource — a service provider that assists foreign expats who are moving to the United States lease or finance vehicles without a U.S. credit history — revealed a new partnership with Enterprise Fleet Management last week. ... [Read More]

NAF Association to Host Roundtable About CFPB and More

Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association is looking to help leadership at small- to medium-sized auto finance companies navigate the changing regulatory landscape in light of the Consumer Financial Protection Bureau coming into play. The NAF Association is ... [Read More]

Experian: Wells Fargo Now Holds No. 1 Spot for Overall Market Share

Nick Zulovich
SCHAUMBURG, Ill. — Fueled by its stranglehold on the top spot among used-vehicle lenders, Wells Fargo rose to be No. 1 in market share among all auto finance companies for the first time this year, according to Experian Automotive's Q3 ... [Read More]

CFPB and Justice Department Pledge to Avoid Duplication of Enforcement Efforts

Nick Zulovich
WASHINGTON, D.C. — With auto lenders, service providers and dealers being potential targets, the Department of Justice and the Consumer Financial Protection Bureau signed an agreement Thursday to strengthen coordination on fair lending enforcement and avoid duplication of their respective ... [Read More]

ARA Looking for Speakers to Fill North American Repossessors Summit Agenda

Nick Zulovich
DALLAS — The American Recovery Association is making an open call for speakers to be included in the fifth annual North American Repossessors Summit, which is set for April 26—27. ARA and the NARS 2013 planning committee are looking for ... [Read More]

FTC Issues Amended Rule on Identity Theft Red Flags

Nick Zulovich
WASHINGTON, D.C. — The Federal Trade Commission recently announced publication of an interim final rule on identity theft "red flags" that narrows the circumstances under which creditors are covered by the rule. Officials explained Congress directed the FTC along with ... [Read More]

Report: CFPB Organizer Heading for Senate Banking Committee

Nick Zulovich
WASHINGTON, D.C. — One of the primary architects of the Consumer Financial Protection Bureau reportedly is heading for a leading role within the Senate Banking Committee. According to Bloomberg, U.S. Senator-elect Elizabeth Warren will be part of the chamber's banking ... [Read More]

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