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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

AmeriCredit Originates Close to $1 Billion in 4Q

Tuesday, Aug. 10, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Not long after announcing that General Motors is acquiring AmeriCredit in an all-cash transaction valued at about $3.5 billion, the subprime auto lender announced its fiscal fourth-quarter and full-year financial results. The company more than doubled its ... [Read More]

Carbiz Announces New Board and Management

Tuesday, Aug. 10, 2010, 12:00 AM
Nick Zulovich
SCOTTSDALE, Ariz. — Carbiz announced that as of July 29, the company has new management and a new board of directors to assume operational control. According to the company, the new management was put into place because of the prior management ... [Read More]

Strengthening Returns Boost Credit Acceptance’s 2Q Income

Thursday, Aug. 5, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Stabilizing returns greatly aided Credit Acceptance Corp. in making significant gains in both consolidated and adjusted net income during the second quarter. The company reported earlier this week that its consolidated net income for the quarter that ended June 30 ... [Read More]

USAA Launches iPhone App to Cater to Vehicle Shoppers

Thursday, Aug. 5, 2010, 12:00 AM
Nick Zulovich
SAN ANTONIO — Military personnel and their families who use USAA for assistance in making a vehicle purchases now can put an iPhone to work during the process. Officials from USAA recently rolled out an app for their assistance program, Auto ... [Read More]

Manheim Mid-Year Market Report: Lenders & Dealers Adapt to Changing Marketplace

Thursday, Aug. 5, 2010, 12:00 AM
Nick Zulovich
ATLANTA — In an interview with SubPrime Auto Finance News on Manheim's Mid-Year Used-Car Market Report, Tom Webb explained that repossessions are declining throughout the industry and that loans performed well given the big loss in unemployment. He also indicated that ... [Read More]

Bankruptcy Filings Up 9 Percent Over June

Thursday, Aug. 5, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute reported this week that bankruptcy filings are up 9 percent over last month and the previous year. More specifically, bankruptcy filings came in at 137,698 in July, compared with 126,434 in July of last year, ... [Read More]

Open Dealer Exchange, Westlake Financial Partner

Tuesday, Aug. 3, 2010, 12:00 AM
Nick Zulovich
TROY, Mich. — Open Dealer Exchange and Westlake Financial Services reached an agreement Tuesday that's geared to help dealers with credit applications. The partnership is meant to integrate credit applications directly into the store's dealership management system. Executives from both companies believe ... [Read More]

CPS Joins AppOne Platform

Tuesday, Aug. 3, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services revealed recently that another finance company has joined its AppOne platform. This time, executives from Consumer Portfolio Services made the decision to use AppOne, which can assist with the automation of indirect lending, credit approval ... [Read More]

Ally’s Healthy Income Performance Continues

Tuesday, Aug. 3, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Ally Financial had plenty of positive financial news to share Tuesday as executives announced the company posted its second consecutive quarter of profitability and its sixth profitable quarter in a row for its core automotive business. Ally reported ... [Read More]

Below-Prime Auto Financing Trends Revealed

Tuesday, Aug. 3, 2010, 12:00 AM
Nick Zulovich
HANOVER, Md. — The 2010 Non-Prime Automotive Finance Survey results came out late last week and in a review of the data, SubPrime Auto Finance News discovered some interesting trends. Some of the findings include that asset-backed securities funding is growing, market ... [Read More]
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