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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Experian Reviews Auto Loan Trends, Including Top Lenders by Different Categories

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — Due in large part to the troubled capital markets, Experian Automotive reported that captives lost a relatively large share of outstanding loan balances in the third quarter of last year, compared with the third quarter of 2008. In ... [Read More]

Westlake Financial Gains New Credit Facility to Add Sales Reps, Further Assist Dealers

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services announced this week that it now has a new revolving securitization from Wells Fargo Preferred Capital. The facility, which will be funded through a Westlake subsidiary, Westlake Funding III, is for $100 million and will ... [Read More]

TransUnion: 4Q National Auto Loan Delinquency Rate Flat

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
CHICAGO — In a positive turn for auto lenders, TransUnion's quarterly analysis determined that the latest reading on the national 60-day auto delinquency rate — which is the ratio of loan borrowers 60 or more days past due — showed no change between ... [Read More]

ABI Notes Continuing Rise in Consumer Bankruptcies

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute determined Tuesday that 111,693 consumer bankruptcies were filed in February, according to data the firm reviewed from the National Bankruptcy Research Center. Institute officials calculated that last month's total represented a 14-percent increase nationwide ... [Read More]

GMAC Completes Sale of Insurance Business

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services announced Monday that it has completed the sale of its U.S. consumer property and casualty insurance business. The company noted that its dealer-related insurance business, which includes extended service contracts and insurance for dealer inventories, has ... [Read More]

AmeriCredit Increases and Extends Warehouse Credit Facility

Tuesday, Mar. 2, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit Corp. announced Monday that it has expanded and extended its warehouse credit facility. The borrowing capacity available under the facility has now increased to $1.3 billion from $1 billion. AmeriCredit said the facility includes commitments from ... [Read More]

DBRS Assigns Ratings for Chrysler Financial, Ford Credit Trusts

Thursday, Feb. 25, 2010, 12:00 AM
Nick Zulovich
NEW YORK — This week, DBRS revealed ratings associated with Chrysler Financial and Ford Credit. According to DBRS, the assigned provisional ratings to the following classes issued by Chrysler Financial Lease Trust Series 2010-A are: —Series 2010-A Notes, Class A-1 rated ... [Read More]

Wachovia Dealer Services to Become Wells Fargo Dealer Services

Thursday, Feb. 25, 2010, 12:00 AM
Nick Zulovich
SAN FRANCISCO — Wachovia Dealer Services is changing its name to Wells Fargo Dealer Services on March 20, a company spokesperson told SubPrime Auto Finance News on Wednesday. "New name, same great relationship with our dealers. Our dealers can continue to ... [Read More]

DealerTrack Discusses 4Q, Full-Year Performance, 2010 Outlook

Thursday, Feb. 25, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack executives remained upbeat about their company's financial standing despite some year-over-year softening in revenue and income. When discussing fourth quarter data, DealerTrack indicated that revenue to close 2009 came in at $53.2 million as compared to ... [Read More]

GMAC: IPO Could Be Possible in Next Two Years

Thursday, Feb. 25, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — As GMAC's chief executive officer and chief financial officer get ready to testify before a Congressional Oversight Panel today, the executives said in prepared remarks that if GMAC had not received access to government funds that many GM ... [Read More]

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