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SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here
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

Santander Adopts NAAA’s National Certification Standards

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA revealed this week it has adopted the National Auto Auction Association's Silver National Certification Standard for finance company vehicles sold at auctions nationwide. Santander recapped that this wholesale certification program introduced by NAAA in January ... [Read More]

Ally: Leasing Grows to 16%, While Used Originations Climb to 17%

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
NEW YORK — In reporting its preliminary first-quarter results, Ally Financial announced that its auto originations from continuing operations soared 75 percent for the first quarter to $14.3 billion, compared to $8.2 billion in the previous year. First-quarter consumer originations included ... [Read More]

Experian to Break Out BHPH Demographics at NABD 2011

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers announced this week that an Experian credit expert will be on hand at its annual event to break out the BHPH marketplace, number of dealers and largest stats for BHPH financing. Melinda ... [Read More]

Huntington’s Double-Digit Auto Loan Climb Boosts 1Q Gains

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Along with offering forecasts about how it might fare later in the year, Huntington Bancshares recently revealed that it opened 2011 with a 13-percent jump in auto loans year-over-year, helping its first-quarter net income total climb to ... [Read More]

CPS Details Year’s First Asset-Backed Securitization

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced this week the closing of its first rated term securitization of the year. The company highlighted the transaction is CPS' second senior subordinate securitization since 1993.  In the transaction, executives explained qualified institutional ... [Read More]

Nicholas Financial to Remain Standalone Company

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — After being approached about potentially being acquired, Nicholas Financial began a strategic review of its business model to decide the best course of action. With the analysis now complete, management revealed the best course of action for shareholders ... [Read More]

BHPH Inventory Costs Continue to Be Major Challenge

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
HOUSTON — As Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, prepares for the upcoming Dealer Academy and annual conference in mid May, he revealed some early benchmark results to SubPrime Auto Finance News. One of the key trends ... [Read More]

Ford Credit Explains Steep Decline in Net Income

Tuesday, Apr. 26, 2011, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Despite a $77 million net income decrease from the first quarter of last year, Ford Motor Credit's top executive declared Tuesday that the captive continues "to execute the fundamentals of our business well." Ford's financial arm revealed ... [Read More]

Daimler to Set Up India Financial Arm

Tuesday, Apr. 26, 2011, 12:00 AM
Nick Zulovich
CHENNAI, India and BERLIN — Daimler AG recently learned it received approval from the Reserve Bank of India to setup a finance company in the country. Executives explained the newly founded company — Daimler Financial Services India Private Limited — ... [Read More]

KAR Looks to Refinance Debt

Tuesday, Apr. 26, 2011, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Given the current favorable market conditions, KAR Auction Services announced this morning that it intends to refinance a portion of its indebtedness to allow for a greater flexibility to prepay debt. "The purpose of the planned refinancing is ... [Read More]

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