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Automotive Intelligence Award honoree Satyan Merchant of TransUnion
Wednesday, Apr. 1, 2026, 07:01 PM
Our conversations with the 2026 Automotive Intelligence Award winners wrap up with Satyan Merchant, who is senior vice president, automotive and mortgage business leader at TransUnion. Merchant recollected how his interest in data started when studying statistics on the back ... Listen Here
Top Reasons Dealers can benefit by attending the Used Car Summit
Wednesday, Apr. 1, 2026, 03:27 PM
On this episode of the Auto Remarketing Podcast, Bill Zadeits has a conversation with Vanessa Rocha, VP, All-American Bonds and Insurance and a Board member with the Florida Independent Auto Dealers Association. Vanessa speaks to some of the big issues ... Listen Here
Industry Elite: Tony Rimas of XPEL
Tuesday, Mar. 31, 2026, 07:40 PM
Concluding our inaugural Industry Elite: The C-Suite honoree series is a conversation with Tony Rimas, who is vice president of global revenue at XPEL Inc. Rimas — an avid biker who swam and ran track & field and cross country ... Listen Here

Fed Offers New Update on Auto Loans at Commercial Banks

Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve still hasn't restarted its monthly look at trends associated with new-vehicle loans generated by finance companies, but officials did offer August data about contracts from commercial banks. The Fed determined the average interest rate ... [Read More]

Subprime Dealer Creates Mobile App to Help Buy Most Profitable Inventory

Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
LAFAYETTE, Ind. — For a subprime dealer, going to auction can be particularly challenging. Not only does he need to meet his inventory needs, but the vehicles he buys also must fall within specific lender requirements. For instance, Shawn Foster, president ... [Read More]

Huntington Broadens Dealer Financing into Two New States

Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — On Wednesday, Huntington announced it is expanding its auto dealer financing business into two new states, including Wisconsin and Minnesota. Huntington will begin processing applications through dealers by Oct. 24. The company expects to provide financing solutions to ... [Read More]

CarHop Hires New VP of Sales and Operations

Thursday, Oct. 13, 2011, 12:00 AM
Nick Zulovich
MINNETONKA, Minn. — Buy-here, pay-here dealership chain CarHop announced Wednesday it has hired a new vice president of sales and operations. Tapped for the position is Mike Anderson, who will lead the sales and store operations for all CarHop locations. ... [Read More]

2,500th Lender Signs on at VINtek as More State DMVs Adopt ELT Services

Tuesday, Oct. 11, 2011, 12:00 AM
Nick Zulovich
PHILADELPHIA — VINTek announced today that it has signed on its 2,500th lender for its VintekTIME collateral management technology. The program, which provides lenders with an automated virtual title department, also integrates with the company’s direct-to-consumer loan servicing platform that ... [Read More]

Vehix Taps RoadLoans.com as Preferred Lender

Tuesday, Oct. 11, 2011, 12:00 AM
Nick Zulovich
DALLAS — Geared as the next step beyond just getting shoppers to dealers, Vehix recently selected RoadLoans.com as its preferred lender. Now potential buyers can apply for vehicle financing through RoadLoans.com as part of their shopping experience. Consumers shopping at ... [Read More]

Credit Acceptance Reveals Completion of $200.5M Asset-Backed Financing

Tuesday, Oct. 11, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced the completion of a $200.5 million asset-backed non-recourse secured financing deal. Per this transaction, the company contributed loans having a net book value of approximately $250.8 million to a wholly-owned special purpose ... [Read More]

Finance Express Adds Preferred Automobile Credit to Portal

Tuesday, Oct. 11, 2011, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express, a provider of Web-based financial services and technology for independent dealerships, recently partnered with Preferred Automobile Credit Co., a growing indirect subprime auto finance company. In explaining why Finance Express broadened its lender ... [Read More]

New CarHop Hire to Direct Inventory and Service Strategy

Thursday, Oct. 6, 2011, 12:00 AM
Nick Zulovich
MINNETONKA, Minn. — Buy-here, pay-here dealership chain CarHop announced Wednesday the appointment of a new director of inventory and service strategy. Tapped for the position is Matt Dickinson, who will lead the efforts of the company’s vehicle buying, reconditioning, service ... [Read More]

ABA Spots 2Q Climb in Auto Loan Delinquencies

Thursday, Oct. 6, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's latest Consumer Credit Delinquency Bulletin showed auto loan delinquencies were on the rise during the second quarter as were most loan and credit segments. The association discovered that quarter-over-quarter direct auto loan delinquencies ... [Read More]

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