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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

Credit Acceptance Extends and Modifies Revolving Line of Credit Facility

Thursday, Jun. 10, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. announced Wednesday that it has extended the maturity of its credit facility with a commercial bank syndicate from June 23, 2011, to June 22, 2012. The amount of the facility remains unchanged at $150 million. ... [Read More]

Fed: Average Auto Loan Interest Rate Drops Again

Tuesday, Jun. 8, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Continuing the downward push seen throughout the quarter, the Federal Reserve indicated the average interest rate on new-car loans at auto finance companies slipped again in April. Federal officials pinpointed the average at 4.13 percent. The April rate ... [Read More]

GMAC Specifies 14 States for Thor Financing Launch

Tuesday, Jun. 8, 2010, 12:00 AM
Nick Zulovich
DETROIT — GMAC recently revealed the 14 states where consumer financing for recreational vehicles made by Thor Industries now is available. The initial roll out includes such states as Alabama, California, Colorado, Florida, Georgia, Maryland, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, ... [Read More]

Hertz Rent2Buy Teams Up with Chase to Provide Financing Options

Tuesday, Jun. 8, 2010, 12:00 AM
Nick Zulovich
PARK RIDGE, N.J. — Hertz announced Monday that it has teamed up with Chase Auto Finance to offer its Hertz Rent2Buy customers financing options. Hertz Rent2Buy is the company's online car sales program that gives customers the option of taking a vehicle ... [Read More]

Last Week to Nominate Subprime Movers and Shakers

Tuesday, Jun. 8, 2010, 12:00 AM
Nick Zulovich
CARY, N.C. — The deadline to nominate top subprime movers and shakers for special coverage in the July/August edition of SubPrime Auto Finance News is Thursday. Nominations can include auto finance executives and those with non-prime companies, in addition to special ... [Read More]

DealerTrack Upgrades Compliance Solution

Thursday, Jun. 3, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack recently unveiled several enhancements to its compliance solution, rolling them all into a new Compliance Dashboard. Company officials explained the Compliance Dashboard can provide an overview of compliance-related activity across a store's current deals on a ... [Read More]

Wisconsin Significantly Revises Auto-Title Loan Regulations

Thursday, Jun. 3, 2010, 12:00 AM
Nick Zulovich
MADISON, Wis. — Wisconsin lawmakers recently altered a measure that now greatly regulates the use of auto-title loans. The bill that passed through the state legislature and the governor's office stipulates that vehicles can only be used as collateral for a purchase, ... [Read More]

Auto Master Partners with iMETRIK on System Integration

Thursday, Jun. 3, 2010, 12:00 AM
Nick Zulovich
LAS VEGAS — Auto Master Systems and iMETRIK Solutions recently revealed a new integration partnership. Executives explained the partnership is designed to provide Auto Master clients with a single interface to gather GPS asset tracking data. The companies believe the agreement can ... [Read More]

Chrysler Continues Zero-Percent Financing

Thursday, Jun. 3, 2010, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — In an incentive package similar to its May deals, Chrysler is offering zero-percent financing through GMAC Financial Services on most of its 2010 lineup, the automaker announced this week. For Chrysler brand vehicles, the options are zero-percent ... [Read More]

NICB, IGS Partner to Improve Vehicle Portfolio Monitoring

Tuesday, Jun. 1, 2010, 12:00 AM
Nick Zulovich
DES PLAINES, Ill. — The National Insurance Crime Bureau and IGS, a Las Vegas-based provider of skip-tracing, asset location and collateral recovery services to lenders, recently formed a partnership to better monitor vehicle portfolios. The agreement is meant to offer auto ... [Read More]
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