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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

J.D. Byrider Bolsters Franchising Team

Wednesday, Sep. 26, 2012, 12:00 AM
Nick Zulovich
INDIANAPOLIS — Buy-here, pay-here dealership chain J.D. Byrider recently announced a promotion and the addition of three new team members to support the company's franchise growth and development. Promoted to the position of director of franchise development is Jack Humbert, ... [Read More]

Ally Financial Survey Measures Dealers’ Increase in Charitable Giving

Wednesday, Sep. 26, 2012, 12:00 AM
Nick Zulovich
DETROIT — A recent survey by Ally Financial showed dealers continued to be a "pillar of strength" in their communities, particularly when it comes to charitable giving. Survey data indicated nearly two-thirds of U.S. dealers increased their charitable contributions this ... [Read More]

CNW: Subprime Approvals Up by More Than 60 Percent This Month

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
BANDON, Ore., and CHICAGO — Part of the reason CNW Research projected used-vehicle sales to climb by more than 8 percent this month is the soaring number of subprime loan approvals. According to the firm's September Retail Automotive Summary, subprime ... [Read More]

S&P Discusses Potential of Subprime Auto Loan ABS Market Contraction

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
NEW YORK — A recent report by Standard & Poor's Ratings Services reiterated that the U.S. subprime auto finance market is growing again and — despite some potential risks — its near-term growth prospects look good. As increased capital flows ... [Read More]

Exeter Finance Completes $300 Million Securitization

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
IRVING, Texas — Specialty auto finance company Exeter Finance Corp. announced the completion of its second rated term securitization late last week, issuing $300 million in notes backed by subprime auto installment receivables. The company indicated the notes were purchased ... [Read More]

Iowa Attorney General, Independent Dealer Settle Dispute Over Alleged Illegal Repossessions

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Iowa attorney general Tom Miller recently announced one of the state's independent dealers has agreed to stop what was alleged to be illegal repossessions of vehicles. In an agreement with the consumer protection division, called an ... [Read More]

Only 9 Days Remain For Possible California BHPH Bill Veto

Friday, Sep. 21, 2012, 12:00 AM
Nick Zulovich
SACRAMENTO, Calif. — A little more than a week remains for Gov. Jerry Brown to possibly veto the California buy-here, pay-here dealer regulation. Should Brown choose neither to sign nor to veto the three bills, the measures still would become ... [Read More]

Preferred Warranties Launches App to Show F&I Presentations on Dealer iPads

Friday, Sep. 21, 2012, 12:00 AM
Nick Zulovich
ORWIGSBURG, Pa. — Preferred Warranties recently rolled out a new app so dealers can use iPads to customize and compare protection plans, financing options and insurance products for customers anywhere on the lot and at any time during the sales ... [Read More]

CPS Reveals Details of Recent $147 Million Senior Subordinate Asset-Backed Securitization

Friday, Sep. 21, 2012, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced earlier this week the closing of its third term securitization of the year. The transaction also is CPS' sixth senior subordinate securitization since last year. In the transaction, officials tabulated that qualified institutional ... [Read More]

xChange Automotive Launches Facebook Apps to Bring Sales and Lending to Social Media

Friday, Sep. 21, 2012, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — Though many say the potential for using social media for sales has not been tapped into yet, social media application company xChange Automotive said it has released a product that may take a step in that direction. ... [Read More]

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