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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

FTC Delays Red Flags Enforcement Again

Tuesday, Nov. 3, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Prompted by Congress, the Federal Trade Commission has again pushed back its enforcement of the Red Flags Rule until June 1 for financial institutions and creditors that fall under its jurisdiction. FTC enforcement of the rule — which was ... [Read More]

Ford Credit Shows Strong 3Q Profit Growth

Tuesday, Nov. 3, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Boosted by lower depreciation expenses on leased vehicles, Ford Motor Credit Co. posted a year-over-year net income increase of $332 million during the third quarter, based on preliminary data. Specifically, Ford Credit's quarterly net earnings were $427 million, compared with $95 million ... [Read More]

Mint Leasing Renews Credit Line to Further Expand Leasing Portfolio

Thursday, Oct. 29, 2009, 12:00 AM
Nick Zulovich
HOUSTON — Mint Leasing announced today that it has renewed its credit line with Sterling Bank of Houston. Basically, the company entered into a modification, renewal and extension for the amount of $29.2 million. The maturity date of the line of ... [Read More]

GMAC Seeks Further Government Aid, Comes to Market with FDIC-Backed Bond Offering

Thursday, Oct. 29, 2009, 12:00 AM
Nick Zulovich
DETROIT — In addition to the Treasury Department confirming that GMAC Financial Services is looking for a third round of government aid, the bank announced Wednesday that it is offering $2.9 billion of FDIC-guaranteed three-year bonds. Basically, officials said the bond ... [Read More]

Copart Adds DSC Floor Planning to Site to Increase Members’ Purchasing Power

Thursday, Oct. 29, 2009, 12:00 AM
Nick Zulovich
FAIRFIELD, Calif. — Copart announced it has now integrated Indiana-based Dealer Service Corp. into its Web site to give its members easier access to floor planning and ultimately more purchasing power. Via this integration, Copart members can now access their DSC ... [Read More]

Wells Fargo: Auto Finance Business Continues to Gain Market Share

Thursday, Oct. 29, 2009, 12:00 AM
Nick Zulovich
SAN FRANCISCO — During the company's recent third-quarter conference call, Wells Fargo chief financial officer Howard Atkins pointed out that the auto finance business has been gaining market share in both new and used auto loan originations. In fact, the company ... [Read More]

Chrysler Financial Further Reduces Work Force

Tuesday, Oct. 27, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial recently announced that as part of its ongoing restructuring, effective immediately, the company has reduced its work force by about 12 percent. This move, which apparently came quietly in late September, impacted all levels of Chrysler Financial's ... [Read More]

Alliance Credit Union Runs Ugly Car Contest to Drive Consumer Interest

Tuesday, Oct. 27, 2009, 12:00 AM
Nick Zulovich
SAN JOSE, Calif. — To drive more interest to its company and services, Alliance Credit Union recently ran a special marketing campaign that offered $5,000 to the winner of an Ugly Car Contest. The winner, Jean-Pierre Saintard, of Leland, N.C., was able ... [Read More]

Capital One Continues to Reduce Auto Loans

Tuesday, Oct. 27, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — Sharing its third-quarter results late last week, Capital One announced that its auto loans declined further due to earlier efforts to "retrench and reposition" its auto finance business. More specifically, loans declined by $667.3 million, or 3.3 percent, ... [Read More]

Fitch Reviews Recent ABS Performance

Tuesday, Oct. 27, 2009, 12:00 AM
Nick Zulovich
NEW YORK — In its latest term ABS Credit Action Report, which reviews both auto lease and auto loan ABS trends, Fitch Ratings indicated that one year after the financial crisis hit, liquidity concerns have stabilized. However, company officials reported that ... [Read More]

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