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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Access Capital Launches New Program for Auto Originators

Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
DENVER — Access Capital Investment Group recently unveiled a new acquisition program to assist auto loan originators in better managing their consumer portfolios. What ACIG believes is most unique is that this program has the flexibility to price and purchase all ... [Read More]

Another Lender Chooses Finance Express’ Online Platform

Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express revealed this week that ACS Financial has come on board as another lender using the provider's Web-based financial services and technology platform. Officials noted ACS offers leasing and retail financing at prime rates to ... [Read More]

Exeter Finance Opens Two New Branches, Joins RouteOne

Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — On Wednesday, Exeter Finance Corp. announced it is opening two new offices, expanding the company's branch network, in addition to joining RouteOne. The special auto finance company has now has branches in Philadelphia and Atlanta. Rather than ... [Read More]

Mercedes-Benz Financial to Provide iPads to Entire Dealer Network

Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Thanks to  a successful pilot that was launched not long after the iPad became available, Mercedes-Benz Financial announced this week that it is handing out iPads to all 355 dealers to give them instant mobile access to ... [Read More]

Investment Firm Captures Majority Ownership in Flagship Credit Acceptance

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Flagship Credit Acceptance, a national indirect auto finance company that originates and services non-prime loans, was taken over this week and given new leadership by investment firm Perella Weinberg Partners. To take majority ownership interest in Flagship, Perella ... [Read More]

ABA Says Both Direct and Indirect Auto Loan Delinquencies Show Drop

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin found that both direct and indirect auto loan delinquencies dropped in the second quarter. ABA revealed that direct auto loan delinquencies declined from 1.79 percent to 1.67 percent. Meanwhile, indirect ... [Read More]

Consumer Bankruptcy Filings Come in 11 Percent Higher than First Three Quarters of 2009

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Through the first nine months of this year, the American Bankruptcy Institute revealed that U.S. consumer bankruptcy filings are 11 percent higher than during the same time span last year. According to data provided by the National Bankruptcy ... [Read More]

GM Successfully Acquires AmeriCredit

Tuesday, Oct. 5, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial, formerly AmeriCredit, announced it has successfully been incorporated into General Motors. Basically, GM Financial is the surviving corporation of AmeriCredit's merger with Goalie Texas Holdco Inc. and became a wholly owned subsidiary of GM Holdings ... [Read More]

Wells Fargo, Fifth Third Bank Pledge Credit Facilities to SNAAC

Thursday, Sep. 30, 2010, 12:00 AM
Nick Zulovich
CINCINNATI — Security National Automotive Acceptance Corp. recently received revolving credit facilities from both Wells Fargo Preferred Capital and Fifth Third Bank to expand its auto finance and insurance operations. The total amount SNAAC secured was $200 million. "We are extremely ... [Read More]

Sparta to Launch Non-Prime Lease Program to Help Powersports Dealers Move Inventory

Thursday, Sep. 30, 2010, 12:00 AM
Nick Zulovich
NEW YORK — After conducting analysis spotting a significant need, Sparta Commercial Services this week is launching a new consumer leasing program targeted at the non-prime powersports market. Fueled by a multimillion-dollar line of credit it closed recently, Sparta believes it ... [Read More]
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