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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

Connecticut Dealer Arrested in Connection with Sale for Private Owner

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
HAMDEN, Conn. — A Connecticut independent dealer believes charges of larceny, forgery and misapplication of property will be dismissed in connection with selling a vehicle for a private owner. Earlier this week, police in Hamden, Conn., arrested David Taylor, the ... [Read More]

AWARE Offers Tips for First-Time Buyers

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — With many young adults fresh from high school and college graduations, officials from Americans Well-Informed on Automobile Retailing Economics (AWARE) shared several tips for these individuals who might be ready to buy their first vehicle. AWARE emphasized ... [Read More]

LEAP Financial Suspends Lease Originations

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
SAN DIEGO — Low loan default rates and high prices on repossessions are factors in one vehicle leasing company's decision to suspend lease originations. LEAP Financial on Thursday announced it is suspending originations of leases due to capital constraints. Company ... [Read More]

DRN and MVTRAC Execs Explain Efforts to Stop LPR Regulation in California

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
FORT WORTH, Texas, and PALATINE, Ill. — Imagine repossessing a vehicle and completing the recovery process for collateral in California without license plate recognition technology. Leaders of both Digital Recognition Network and MVTRAC are cheering this week that the scenario ... [Read More]

ABA Unveils Free Fair Lending Compliance Resource

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association recently released a free, members-only resource to assist bankers with their continued compliance with fair lending laws. Officials highlighted the Toolbox on Fair Lending is intended to provide practical examples, how-to's and templates ... [Read More]

OIADA Applauds New Law for Mandated Training Before Used Dealers Receive License

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Jim Mitchell wanted to witness Ohio Gov. John Kasich sign Senate Bill 245 into law earlier this week since the legislation eight years in the making is aimed at assisting independent dealers in becoming successful. The executive ... [Read More]

ABI: May Consumer and Commercial Bankruptcy Filings Dip

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — With the expectation of more declines, the American Bankruptcy Institute determined May filings dropped by double digits year-over-year, according to data provided by Epiq Systems. Total bankruptcy filings in the United States for May decreased 11 percent ... [Read More]

Fitch: April Marks ‘Stellar’ Month for U.S. Auto ABS

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings called U.S. auto loan ABS performance in April "stellar" as its latest index results showed several record readings. Analysts determined prime auto asset-backed securities (ABS) delinquencies and losses dropped in April to the lowest levels ... [Read More]

Car-Mart Notches Double-Digit Income & Revenue Gains

Monday, Jun. 4, 2012, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — In a year that left the company's leadership "very proud," America's Car-Mart increased both its net income and revenue double-digit percentages for fiscal 2012, while pushing retail sales up by more than 9 percent from the year-ago ... [Read More]

DealerTrack Launches New Solution to Enhance Online Financing Process

Monday, Jun. 4, 2012, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — To help stores generate more quality finance leads and streamline online vehicle purchasing, DealerTrack recently introduced FinanceDriver, which the company is calling a "robust" Web-based financing service for dealer and third-party websites. FinanceDriver, which was previewed ... [Read More]

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