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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

Former AmeriCredit Exec Joins XpressCredit as Director of Lender Development

Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit today announced the hiring of a former AmeriCredit executive as director of lender development. Taking on this position is Rory Noske. Noske brings more than 18 years of experience, developing business relationships in the auto financial services ... [Read More]

DealerTrack Adds Red Flags Reporting

Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack customers now have access to Red Flags Reporting. The Red Flags Rules are expected to be enforced starting Nov. 1.  The addition is designed to help dealers in providing an audit trail and ensuring employees are complying with the Red ... [Read More]

CarBiz Names New COO, Reports Upswing in 2Q Earnings

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — CarBiz recently announced that it has appointed a new chief operating officer, and the company also reported that its second-quarter earnings climbed significantly year-over-year. Named as COO was Paul Whitley, who was previously the director of finance for ... [Read More]

Fitch: U.S. Auto ABS Delinquencies in August Close to 10-Year High

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Sixty-plus-day delinquency levels on U.S. prime auto loan ABS jumped 10.4 percent in August to 0.85 percent, which approached the 10-year record high set back in the first quarter, Fitch Ratings reported this week. The decade high is ... [Read More]

ABA Says Auto Loan Delinquency Rates Improved

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Although overall consumer delinquencies reached a record mark during the second quarter, auto loans — both direct and indirect — showed significant improvement during the period, according to the American Bankers Association. Specifically, direct auto loan delinquencies dropped 55 basis ... [Read More]

Drive Financial Introduces Revamped Finance Program

Thursday, Oct. 1, 2009, 12:00 AM
Nick Zulovich
DALLAS — Drive Financial rolled out its revamped finance program for dealers late last week, and some of the changes include restructured tiers and various provisions that give dealers greater flexibility in setting up deals for customers. To shed some light ... [Read More]

CPS Secures Credit Line Allowing It to Return to Contract Origination Growth

Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced it has acquired a new credit facility from Fortress Credit Corp. in the amount of $50 million. The facility will be secured by auto receivables that the company now has or will have after ... [Read More]

Wells Fargo Grants Automotive Credit New Credit Facility

Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced it has provided Automotive Credit Corp. with a senior credit facility worth $50 million. "Wells Fargo Preferred Capital's industry knowledge and expertise gives us great comfort as we enter into a relationship ... [Read More]

How is Floor Plan ABS Performing?

Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
NEW YORK — While fears abounded about dealers' ability to pay floor planning, especially at General Motors and Chrysler, with sales being down so much historically, the early payment analysis is in. And largely, it is positive. According to DBRS, the ... [Read More]

EZ Dealer Finance Adds Multiple Used Leasing Sources to System

Tuesday, Sep. 29, 2009, 12:00 AM
Nick Zulovich
OLD BRIDGE, N.J. — EZ Dealer Finance announced this week that it now has multiple used-car leasing sources for its application system. Ultimately, this means dealers have more options to offer to their customers. "We will give independent dealers more options ... [Read More]

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