Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months
Wednesday, Jul. 15, 2026, 09:51 AM
APCO boosts EasyCare footprint via acquisition for second time in less than a week
Tuesday, Jul. 14, 2026, 10:44 AM
SAFCO promotes CFO to president
Monday, Jul. 13, 2026, 11:54 AM
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Thursday, Jul. 16, 2026, 02:46 PM
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Tuesday, Jun. 30, 2026, 10:53 AM
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Monday, Jun. 29, 2026, 03:44 PM
Huntington Doubles Market Share in Several States
Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington executives revealed Tuesday they've doubled their market share since this time last year in four of the six states that encompass their auto lending footprint, including Ohio, Indiana, Kentucky, Michigan and Pennsylvania. Furthermore, the company also announced ... [Read More]
Westlake Financial Unveils Prime Program
Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
LOS ANGELES — Based on extensive dealer customer feedback, Westlake Financial Services rolled out a prime lending program this week meant to augment its offerings that are mainly geared for buy-here, pay-here stores and subprime buyers. The newest offering, the Titanium Program, is ... [Read More]
Southern Calif. Auto Lender Gains Credit Facility from Wells Fargo
Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital recently provided a revolving credit facility to K STReet Finance, a indirect auto finance lender that serves dealerships in southern California. Officials said the total amount of the credit facility came in at ... [Read More]
AmeriCredit Puts Shareholders on Notice Regarding Upcoming GM Merger
Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Due to the impending merger of AmeriCredit and General Motors, the auto lender announced that it has designated Oct. 1 as the anticipated effective date of the Make-Whole Fundamental Change for notes due to the merger. Basically, ... [Read More]
Chrysler Strikes Deal with U.S. Bank to Offer More Leasing Options, Launches New Round of Incentives
Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — On Wednesday, Chrysler Group announced a new deal with U.S. Bank to offer customers more lease options for its lineup of select 2010 Chrysler, Dodge and Jeep models. Through this new agreement, customers now have two leasing ... [Read More]
Fed: Several Auto Loan Averages Reach July YTD Extremes
Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Likely fueled by automakers' heavy use of incentives connected to APR, the Federal Reserve revealed the average interest rate on new-car loans at auto finance companies hit the lowest point of the year in July. Federal officials computed ... [Read More]
Las Vegas-Based Finance Company Goes with LoanPlus GPS
Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
KNOXVILLE, Tenn. — ProconGPS revealed the decision this week about how a Las Vegas-based finance company that primarily purchases contracts from buy-here, pay-here dealers chose to use its asset management system. Company officials indicated they plan to deploy a customized version ... [Read More]
FICO: Bankers Show Negative Outlook on Auto Loan Sector
Thursday, Sep. 9, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — In a quarterly survey of bank risk professionals, FICO discovered that while pessimism among these executives remain, apparently things are getting better as the results are less negative than the second quarter. Looking specifically at bank risk officers who specialize ... [Read More]
Auto Funding Services Partners with Another Lead-Generation Provider
Tuesday, Sep. 7, 2010, 12:00 AM
Nick Zulovich
SAN RAMON, Calif. — In an effort to better reach all parts of the non-prime market, Auto Funding Services recently partnered with BlueSky Marketing Group. The partnership means not only is AFS integrated with BlueSky's leads platform known as Real Leads, ... [Read More]
Incentives Appear to Be Driving Consumer Response
Tuesday, Sep. 7, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — In July, thanks to very strong incentives, including special lease deals and used-car trade-in promotions, two automakers smashed through the average industry sales increase of 6.8 percent. While August sales were down significantly year-over-year, many analysts are pointing ... [Read More]
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