Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months
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SAFCO promotes CFO to president
Monday, Jul. 13, 2026, 11:54 AM
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
Thursday, Jul. 16, 2026, 02:46 PM
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
Tuesday, Jun. 30, 2026, 10:53 AM
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
Monday, Jun. 29, 2026, 03:44 PM
Auto Sector Highlights Credit Rebound Projection from Equifax and Moody’s Analytics
Monday, Mar. 5, 2012, 12:00 AM
Nick Zulovich
ATLANTA — New U.S. consumer credit data from a joint product of Equifax and Moody's Analytics projects a rebounding consumer environment, along with recovering home and auto markets this year. As numbers reflect pre-recession totals, Equifax and Moody's predicted through ... [Read More]
KAR Highlights Another Strong Year by Insurance Auto Auctions & AFC
Monday, Mar. 5, 2012, 12:00 AM
Nick Zulovich
CARMEL, Ind. — KAR Auction Services once again cheered the financial performance of two subsidiaries — Insurance Auto Auctions and Automotive Finance Corp. Chief executive officer Jim Hallett declared both operations had "outstanding" years as they both posted rises in ... [Read More]
DealerTrack Brings Local Teams Together with New Office Space in Dallas
Friday, Mar. 2, 2012, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack revealed Thursday its local teams will be relocating to new Dallas office space. The company will be leasing approximately 59,152 square feet of new office space at Dallas’ Galleria 1 building, officials announced. And this new office will ... [Read More]
GM and Wells Fargo Unveil New Financing Plan for Western US Franchised Dealers
Friday, Mar. 2, 2012, 12:00 AM
Nick Zulovich
DETROIT — Chevrolet, Buick, GMC and Cadillac dealers, as well as U.S. retail customers within contiguous states comprising General Motors' Western marketing region now have another financing option thanks to a deal revealed late Thursday. GM and Wells Fargo & Co. ... [Read More]
CarFinance Capital Secures $200 Million Credit Facility
Friday, Mar. 2, 2012, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Dealer non-prime financing provider CarFinance Capital revealed earlier this week it secured a $200 million warehouse credit facility. CarFinance noted the new credit line, which is provided by Deutsche Bank and Credit Suisse, further enhances its ability ... [Read More]
Wholesale Vets Hitchcock, Tapp and Hanks Acquire & Rebrand Forwarding, Remarketing Company
Friday, Mar. 2, 2012, 12:00 AM
Nick Zulovich
CLINTON, Miss. — Wholesale market executives Cam Hitchcock, Chuck Tapp and Phil Hanks partnered with a New York-based private equity firm this week to acquire the assets of a forwarding and remarketing company. The trio is rebranding ASR Nationwide into ... [Read More]
Experian: TD Auto Finance Closes 2011 Among Top 20 Lenders
Wednesday, Feb. 29, 2012, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — When Experian Automotive tallied up the top 20 lenders for its quarterly analysis of the automotive finance market, one company posted year-over-year gains higher than most of the other ones mentioned altogether. TD Auto Finance broke into ... [Read More]
TransUnion: National Auto Loan Delinquencies Drop for Ninth Straight Quarter
Wednesday, Feb. 29, 2012, 12:00 AM
Nick Zulovich
CHICAGO — TransUnion determined this week the national auto delinquency rate — the rate of borrowers 60 or more days past due — decreased on a year-over-year basis for the ninth consecutive quarter. Analysts indicated delinquencies dropped from 0.59 percent in the ... [Read More]
Ace Motor Acceptance Ramps Up Offerings, Focuses on BHPH Segment
Wednesday, Feb. 29, 2012, 12:00 AM
Nick Zulovich
MATTHEWS, N.C. — Subprime lending company Ace Motor Acceptance is working to “recognize the needs of the dealer,” as well as ramping up its offerings for the buy-here, pay-here market. The company, founded in 1998, made the transition into the ... [Read More]
Consumer Reports Spots Gains in Used-Car Reliability Across the Board
Wednesday, Feb. 29, 2012, 12:00 AM
Nick Zulovich
YONKERS, N.Y. — Touting the widespread gains in used-vehicle reliability, Consumer Reports has come out in its latest Annual Auto issue with a message that will likely be welcome news to the used-car business. The publication is saying that buying ... [Read More]
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