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A Look Back at Last Two Decades of the Used-Car Industry in Canada
Thursday, Sep. 18, 2025, 02:32 PM
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
Thursday, Sep. 11, 2025, 04:33 PM
Matt Rice
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Experian on how much auto refinancing is gaining traction
Thursday, Sep. 11, 2025, 01:53 PM
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here

Prestige’s Seagrave Takes on New Position with AFS Acceptance

Thursday, Aug. 4, 2011, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — After spending five years as senior vice president of loan originations at Prestige Financial in Salt Lake City, Scot Seagrave has a new position with a different company. Seagrave has been hired by AFS Acceptance, a ... [Read More]

Manheim: Wholesale Price Conditions Hit BHPH Dealers Hard & More Financing Trends Revealed

Tuesday, Aug. 2, 2011, 12:00 AM
Nick Zulovich
ATLANTA — When Manheim considered the buy-here, pay-here market when compiling its annual Used Car Market Report — Mid-Year Edition, chief economist Tom Webb discovered these stores have been especially impacted by high wholesale prices. Webb insisted BHPH dealers have to ... [Read More]

Nicholas Financial: 1Q Net Earnings Soar Nearly 50 Percent

Tuesday, Aug. 2, 2011, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial recently revealed its first quarter results, highlighting a set of substantial increases for both earnings and revenue. Net earnings for the three months came in at $5.303 million, marking a 48 percent increase from the ... [Read More]

Credit Acceptance Reveals 2Q Earnings, Loan Performance

Tuesday, Aug. 2, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Although its second-quarter net income slipped year-over-year, Credit Acceptance Corp., watched that financial reading climb when looking at its performance through the first six months of 2011. Credit Acceptance reported Monday that its second-quarter consolidated net income ... [Read More]

Ally: Used U.S. Originations Spike 74 Percent, While Leasing Jumps 155 Percent Over 2010

Tuesday, Aug. 2, 2011, 12:00 AM
Nick Zulovich
NEW YORK — Reviewing Ally Financial's preliminary second-quarter results, SubPrime Auto Finance News discovered its auto originations growth was driven in large part by stronger used originations and leasing volume in the U.S., which spiked 74 percent and 155 percent, respectively. ... [Read More]

NCM’s Carmichael Identifies Crucial Decision Dealers Must Make When Entering BHPH Market

Thursday, Jul. 28, 2011, 12:00 AM
Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates' Brent Carmichael pinpointed what he believes is the No. 1 decision any dealer principal needs to make before venturing into or expanding in the buy-here, pay-here market. Carmichael — NCM's executive conference moderator who ... [Read More]

Equifax: Subprime Lending on the Rise

Thursday, Jul. 28, 2011, 12:00 AM
Nick Zulovich
ATLANTA — According to its most recent report on consumer credit trends, Equifax discovered several signs that the credit cycle is moving towards stabilization and growth, while subprime lending is also increasing in the auto, bankcard and consumer finance segments. Auto loan originations, in particular, ... [Read More]

J.D. Power Reveals Top Lenders Based on Dealer Satisfaction

Thursday, Jul. 28, 2011, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — J.D. Power and Associates discovered dealer satisfaction with automotive financing lenders has increased notably this year with improvement by certain banks outpacing gains by captive lenders, particularly in the prime retail credit space. Assertions in J.D. ... [Read More]

Survey: Auto Tops 2010 Consumer Complaints

Thursday, Jul. 28, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Auto and credit/debt came in as Nos. 1 and 2 in top 2010 consumer complaints, according to a new survey out this week. And interestingly, Internet sales came in at No. 6, with one of the key ... [Read More]

Ford Credit Shows Steep Decline in Charge-Offs

Tuesday, Jul. 26, 2011, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — In reporting its second quarter results, Ford Credit revealed that charge-offs have decreased significantly. For the quarter, total charge-offs came in at $41 million, compared to $86 million in the same period of 2010. Breaking it down even ... [Read More]
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