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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
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
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

Toyota, Lexus Offer Thanks to Returning Troops with Rebates & Low APR Specials

Nick Zulovich
TORRANCE, Calif. — Toyota and Lexus and their financial arms are saying welcome home to returning American troops in their own way. In recognition of the thousands of troops set to make the journey home and their service to the ... [Read More]

CarHop Adds Two Stores, Opens First California-Based Rooftop

Nick Zulovich
EDINA, Minn. — CarHop's network of buy-here, pay-here dealerships now includes five near Chicago, as well as the company's first venture into California. This week, CarHop unveiled its 50th rooftop since beginning with its first store operation 16 years ago. ... [Read More]

ARA, MasterFiles Form Alliance to Boost Members’ Skip-Tracing Efforts

Nick Zulovich
DALLAS — The American Recovery Association and MasterFiles recently completed an integration project that's resulted in a new alliance. As a result, ARA members can perform their skip-tracing and front-end verifications in a cost effective way that association leadership believes ... [Read More]

AWARE Shares 12 Resolutions for Healthier Auto Finance Outcomes

Nick Zulovich
WASHINGTON, D.C. — In the spirit of making resolutions, a collection of dealer and a finance association offered a dozen points to help buyers make the right decision when they're ready to finalize a vehicle contract. Among the recommendations by ... [Read More]

RecoveryNet Offers LPR Capability Through Subscription-Based Platform

Nick Zulovich
LAS VEGAS — PRA Location Services contends it has found a way for repo agents to take advantage of license-plate recognition technology without operators needing to invest thousands of dollars in equipment and more. The Las Vegas-based subsidiary of Portfolio ... [Read More]

BHPH Dealers Come Under Threat in California

Nick Zulovich
SACRAMENTO, Calif. — Last week, California Assemblyman Mike Feuer introduced legislation designed to target the sale and collection practices common to buy-here, pay-here dealers, according to a report in the LA Times. "I am very concerned about practices which target the ... [Read More]

Huntington Bancshares Declares Quarterly Cash Dividend

Nick Zulovich
COLUMBUS, Ohio — Huntington Bancshares announced late last week that it has declared a quarterly cash dividend on its Floating Rate Series B Non-Cumulative Perpetual Preferred Stock. The dividend is $1.5469 per share. Officials also noted that the dividend is ... [Read More]

Auto Financing Panel Discussions Highlight Consumer Bankers Association’s Upcoming Event

Nick Zulovich
ARLINGTON, Va. — With panels about how buyers obtain vehicle financing, the Consumer Financial Protection Bureau and more, the Consumer Bankers Association is packing several discussions into a three-day event. Officials from the National Automobile Dealers Association, the American Financial ... [Read More]

ABA Finds Direct Auto Loan Delinquencies Extend Unprecedented String of Low Levels

Nick Zulovich
WASHINGTON, D.C. — Direct auto loan delinquency levels continued on an unprecedented stretch of low readings during the third quarter, according to the American Bankers Association's Consumer Credit Delinquency Bulletin. The auto loan category dropped below its previous low-water mark ... [Read More]

AFSA Vehicle Finance Conference: Time is Running Out for Discounted Bellagio Rate

Nick Zulovich
LAS VEGAS — Those planning to head to the American Financial Services Association’s 16th Annual Vehicle Finance Conference and Exposition might want to make hotel reservations this weekend, at the latest. AFSA reminded attendees this week that the Las Vegas Bellagio, the ... [Read More]

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