2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
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PODCAST: Used Car Week Hall of Famer Becky Igo of Allied Solutions
Tuesday, Nov. 11, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Monday, Oct. 27, 2025, 04:17 PM
DealerTrack Financing Source Network Hits New Threshold
Tuesday, Apr. 13, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced this week that its number of active financing sources connected to its network reached a new threshold. Company executives highlighted that the figure now stands at 850, including GMAC Financial Services. The company reiterated that ... [Read More]
Updated: GMAC’s Head of Global Automotive Services Slated to Retire
Tuesday, Apr. 13, 2010, 12:00 AM
Nick Zulovich
DETROIT — A 27-year veteran of GMAC Financial Services and its former parent General Motors, Bill Muir, head of the company's global automotive services, announced his intention Monday to retire within the next year. Muir will continue in his current role until ... [Read More]
Mercedes-Benz Financial Launches iPad App for Customers
Tuesday, Apr. 13, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Mercedes-Benz Financial announced it has received approximately $2.5 million in payments from customers via their mobile devices since launching its iPhone app last October. Given this success, the company has decided to launch an iPad app as ... [Read More]
Nationwide Acceptance Opens Division to Provide BHPH Credit Lines to Dealers
Tuesday, Apr. 13, 2010, 12:00 AM
Nick Zulovich
CHICAGO — Nationwide Acceptance Corp. announced late last week that it has opened a new division that will specialize in providing credit lines to buy-here, pay here dealers in the markets the company serves. Asset-backed senior credit lines are available from ... [Read More]
Chase, Mazda Expand Year-Old Relationship
Thursday, Apr. 8, 2010, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — Chase and Mazda North American Operations on Wednesday broadened their working relationship by agreeing to a multi-year private-label contract. The agreement means Chase will be the exclusive U.S. auto finance provider for Mazda, operating under the brand ... [Read More]
ABA: Auto Loan Delinquency Trends Improve
Thursday, Apr. 8, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin shared more positive news about the recovering economy this week. Direct and indirect auto loan delinquencies were among nine of the 11 categories that dropped or remained flat during the ... [Read More]
Nicholas Financial Continues to Expand
Thursday, Apr. 8, 2010, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — On Wednesday, Nicholas Financial announced it has opened two new branch offices located in Nashville, Tenn., and Grand Rapids, Mich. The new offices expand Nicholas Financial's branch network to 52 locations. The company expects to open a ... [Read More]
Wells Fargo Securities: Credit Availability Gets Better Virtually Every Day
Thursday, Apr. 8, 2010, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — Wells Fargo Securities' managing director and senior economist indicated this week that the recovery is real and that his company is not anticipating a double-dip recession, which bodes well for the auto industry. In fact, Mark Vitner said ... [Read More]
ABI: Bankruptcy Levels Continue to Grow
Tuesday, Apr. 6, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute found that March consumer bankruptcy filings totaled the highest amount since Congress overhauled the Bankruptcy Code in 2005. ABI reported that there were 149,268 consumer bankruptcies filed in March. That figure represented a 34-percent ... [Read More]
Are Subprime Loans on Used Vehicles Continuing to Grow?
Tuesday, Apr. 6, 2010, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive recently found that subprime loans on used vehicles are starting to rebound and gain ground. Experian indicated that there was a "slight loosening" of credit for used-vehicle financing in the fourth quarter compared to the third ... [Read More]
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