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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

VINtek Commemorates Milestone

Tuesday, Jun. 29, 2010, 12:00 AM
Nick Zulovich
PHILADELPHIA — VINtek celebrated a significant landmark this week, revealing Monday that the 20-year-old company's clients list recently reached 1,000 customers. Moreover, officials said the company is still adding several clients daily throughout its various business segments. VINtek said its customer ... [Read More]

GM Seeks Additional Lender Relationships to Drive Sales

Thursday, Jun. 24, 2010, 12:00 AM
Nick Zulovich
DETROIT — General Motors has apparently decided to forgo plans to acquire a captive lending arm and instead is in talks with various financial institutions to strike up new partnerships that increases auto loans approvals across the credit spectrum. GM already ... [Read More]

More BMW Dealers Gain Access to eContracting

Thursday, Jun. 24, 2010, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — Initially rolled out to five states, BMW Group Financial Services and Open Dealer Exchange emphasized their ever-expanding relationship enables BMW dealers to enjoy paperless eContracting and contract data validation directly through Open Dealer Exchange. They believe the ... [Read More]

TransUnion Study Connects Benefit of Consumer-Lender Loyalty to Performance

Thursday, Jun. 24, 2010, 12:00 AM
Nick Zulovich
CHICAGO — TransUnion wanted to learn more about how consumer performance might vary if the individual had multiple accounts with the same lender as opposed to having just one relationship. The company this week released study findings that examined this situation ... [Read More]

Santander Acquires $3.2 Billion of CitiFinancial’s Auto Loan Portfolio, Agrees to Service Agreement

Thursday, Jun. 24, 2010, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA announced today that it will purchase $3.2 billion of CitiFinancial Auto's loan portfolio. Moreover, Santander has also agreed to service a portfolio of approximately $7.2 billion of auto loans that will be held onto by Citi. ... [Read More]

1-800-LoanMart Goes to the Wrestling Ring for Latest Promotion

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
LOS ANGELES — Executives from 1-800-LoanMart, a direct financer title loan company, recently announced they've recruited one of the most famous performers from the sports entertainment world to be featured in upcoming promotions. Professional wrestler and 12-time world heavyweight champion better ... [Read More]

Leasing Opens Back Up and Begins to Thrive as Automakers Seek Higher Sales Goals

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — Many captives pulled out of the leasing waters when the economy soured in 2008 and 2009, meaning that only consumers with stellar credit records could get a lease deal from the few remaining players. However, the winds are ... [Read More]

Credit Acceptance Shows Gains in Loan Volume, Extends Revolving Warehouse Facility

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Along with an update on a revolving secured warehouse facility and a tender stock offer, Credit Acceptance Corp. shared specifics about significant growth in consumer loan unit volume and value amounts for the recent two- and five-month spans. ... [Read More]

Former AmeriCredit Exec Becomes CEO of Exeter Finance

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — Exeter Finance Corp. recently announced that it has a new chief executive officer and vice chairman. Taking on this role is Mark Floyd. Floyd has a long history with Exeter's founders, which include Sam Ellis, Richard Frunzi, Daniel ... [Read More]

Fitch Says Prime Losses Down But Issues Words of Caution

Thursday, Jun. 17, 2010, 12:00 AM
Nick Zulovich
NEW YORK — According to Fitch Ratings delinquencies and losses on prime auto loan asset-backed securities hit their lowest levels in May since the summer of 2007. However, officials cautioned that this trend was "mainly due to seasonal factors." In fact, ... [Read More]
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