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SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here
Automotive Intelligence Award honoree Satyan Merchant of TransUnion
Wednesday, Apr. 1, 2026, 07:01 PM
Our conversations with the 2026 Automotive Intelligence Award winners wrap up with Satyan Merchant, who is senior vice president, automotive and mortgage business leader at TransUnion. Merchant recollected how his interest in data started when studying statistics on the back ... Listen Here
Top Reasons Dealers can benefit by attending the Used Car Summit
Wednesday, Apr. 1, 2026, 03:27 PM
On this episode of the Auto Remarketing Podcast, Bill Zadeits has a conversation with Vanessa Rocha, VP, All-American Bonds and Insurance and a Board member with the Florida Independent Auto Dealers Association. Vanessa speaks to some of the big issues ... Listen Here

Experian: Subprime Auto Loans on Used Vehicles Grow

Thursday, Mar. 11, 2010, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill — While most new-car loans fall into the prime credit category, an Experian Automotive executive recently pointed out that loans for subprime customers are still out there, particularly in the used-vehicle market. "While the lion's share of the new-car ... [Read More]

GMAC CFO Leaving for Private Equity Firm

Thursday, Mar. 11, 2010, 12:00 AM
Nick Zulovich
DETROIT — In a SEC filing this week, GMAC reported that chief financial officer Robert Hull has decided to leave the company at the end of March. GMAC said in the SEC filing it will conduct an internal and external search ... [Read More]

DRN Offers Financing for Recovery Agencies

Tuesday, Mar. 9, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Digital Recognition Network recently entered into a partnership with newly created DRN Financial in order to offer affordable financing terms to repossession-related companies that wish to acquire its license plate recognition technology. Officials believe that the new financing ... [Read More]

ABI: 2009 Bankruptcy Totals Rise Significantly

Tuesday, Mar. 9, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute recently shared data from the Administrative Office of the U.S. Courts that confirmed a sharp rise in total bankruptcy filings last year. The 2009 bankruptcy total jumped 32 percent over the figure recorded for ... [Read More]

Fitch: Seasonality Drives Up Prime Auto ABS Losses

Tuesday, Mar. 9, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings recently reported that seasonal weakness pushed up U.S. prime auto loan asset-backed securities' losses slightly higher in January, compared to prior months. However, the company did share some good news. Despite high unemployment and pressure on ... [Read More]

Fed: Average Interest on Auto Loans Crept Higher

Tuesday, Mar. 9, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — After remaining low for much of 2009, the average interest rate on new-car loans at auto finance companies crept up to 3.94 percent in January of this year, according to the Federal Reserve. This is the highest level ... [Read More]

Finance Express Teams with Wachovia Dealer Services to Broaden Platform

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express, a provider of Web-based financial services and technology for independent dealerships, announced recently it has added Wachovia Dealer Services to its platform. Company officials stressed that the addition is a response to hundreds of ... [Read More]

Mercedes-Benz Financial Expands Mobile Platform

Thursday, Mar. 4, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Thanks to a new offering from Mercedes-Benz Financial, its customers can now access personalized account management features using smartphones like BlackBerry, Droid and other mobile devices with Internet capability. This is an expansion of what the company ... [Read More]

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]

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