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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Credit Acceptance Outlines Tender Offer to Purchase Outstanding Common Stock

Tuesday, Feb. 15, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Explained as a pathway to generate capital to shareholders, Credit Acceptance Corp. recently announced the company commenced a tender offer to purchase up to 1,904,761 shares of its outstanding common stock. Credit Acceptance set the price at ... [Read More]

Provider Exchange Network Solution Now Integrated with F&I Menu Company

Tuesday, Feb. 15, 2011, 12:00 AM
Nick Zulovich
TROY, Mich. — Provider Exchange Network, a division of Open Dealer Exchange, recently completed integration with F&I menu company, The Impact Group. Officials explained Impact's Fusion Menu now features electronic rating, forms and contract origination via PEN. They went on ... [Read More]

More Captives, Banks Approving Credit-Challenged Customers

Tuesday, Feb. 15, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research discovered that both captives and major banks are tapping into pent-up demand of subprime new-vehicle buyers. Though Art Spinella, of CNW, explained that in comparison to levels prior to the recession, these approvals are still low, ... [Read More]

Prestige Financial Services, www.OnlineBKmanager.com Partner to Assist Subprime Focused Dealers

Tuesday, Feb. 15, 2011, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services and www.OnlineBKmanager.com recently partnered to boost dealers' ability to efficiently deliver vehicles and supply financing for bankruptcy customers.  Through this alliance, Prestige Financial's dealer partners can receive a unique package discount on www.OnlineBKmanger.com ... [Read More]

Fitch Sees U.S. Auto ABS Asset Performance as Stable Entering 2011

Thursday, Feb. 10, 2011, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings believes that since U.S. auto loan asset-backed securities posted steady results in December, the market is entering 2011 on firm footing. Fitch also contends delinquency and loss performance is currently within range of what it ... [Read More]

Fed: Average New-Car Interest Rates Finally Take Downward Turn

Thursday, Feb. 10, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve discovered December's average interest rate on new-car loans at auto finance companies moved lower by the largest amount in six months. After climbing higher for five consecutive months, the December average ticked down to ... [Read More]

GM Financial Plans Nationwide Rollout of Leasing Program & Canadian Market Re-Entry

Thursday, Feb. 10, 2011, 12:00 AM
Nick Zulovich
SAN FRANCISCO — After launching a successful prime leasing pilot in Ohio, GM Financial is looking to roll this offering out to the rest of the nation. Additionally, the company is eyeing a re-entry into the Canadian marketplace as well. Kyle ... [Read More]

Navy Federal Kicks Off Auto Buying Program

Thursday, Feb. 10, 2011, 12:00 AM
Nick Zulovich
VIENNA, Va. — Navy Federal Credit Union announced the launch of its auto referral, which is designed to help connect vehicle shoppers with participating dealers. "The program offers members a VIP experience at participating dealerships with prearranged new- and used-vehicle pricing," ... [Read More]

One of DealerTrack’s New Initiatives Allows Dealers to Pre-Qualify Consumers for Auto Loans

Tuesday, Feb. 8, 2011, 12:00 AM
Nick Zulovich
SAN FRANCISCO — At the National Automobile Dealers Association's Convention over the weekend DealerTrack unveiled several new initiatives, including a new tool within its CreditOnline solution for dealer websites that allows consumers to submit credit applications, giving dealers the opportunity to ... [Read More]

Experian Data Shows Ally Tops 2010 New-Vehicle Financing Volume

Tuesday, Feb. 8, 2011, 12:00 AM
Nick Zulovich
DETROIT — Experian Automotive's AutoCount data revealed Ally Financial financed more consumer new-vehicle purchases in the U.S. than any other lender last year. All told in 2010, officials discovered Ally financed more than 803,000 new-vehicle purchases, resulting in nearly $23 ... [Read More]

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