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Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here

GM CEO Thanks Rattner for Service as He Announces Plans to Leave

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
DETROIT — General Motors' head Fritz Henderson issued a statement Monday thanking Steve Rattner as a key contributor to the automaker coming out of bankruptcy so quickly. As many have heard, Rattner announced Monday he is leaving his role with the ... [Read More]

DealerTrack Adds New Feature to Help Dealers Comply with Red Flags

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — This morning, DealerTrack announced the addition of a free enhancement to its credit application network that is designed to help dealers strengthen their compliance programs and reduce the risk of identity theft and fraud by flagging abnormal ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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AppOne Gains New Indirect Auto Lender Relationship

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services recently announced that a 110-year-old Gulf South financial services leader, Hancock Bank, has joined its AppOne platform. With access to AppOne's network of more than 3,000 auto dealers, Hancock Bank, which has locations ... [Read More]

NADA Seeks Additional Floor Plan Assistance for Dealers

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — Realizing that access to credit is still limited for both domestic and import dealers, the National Auto Dealers Association said it is working with Congress, the Department of the Treasury and the Federal Reserve Board to expand the ... [Read More]

CarMax Takes Advantage of TALF for Securitization

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax announced today that it has completed a private placement securitization. More specifically, the securitization is a private placement of $490 million principal amount of CarMax Auto Owner Trust 2009-A Asset-Backed Notes. J.P. Morgan Securities Inc. acted as adviser on ... [Read More]

Judge Issues Ruling in Legal Dispute Between DealerTrack, RouteOne and Finance Express

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — In the latest turn of events in ongoing legal battle between Finance Express, DealerTrack and RouteOne, the companies involved announced that the judge ruled this week that one of DealerTrack's patents involved in the dispute is ... [Read More]

Fed: Consumers’ Average Amount Financed at Auto Lenders Hits New High

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Reviewing the records available from the Federal Reserve, SubPrime Auto Finance News discovered that the median amount financed at auto finance companies reached a new record in May. This could perhaps be indicative that despite the struggling economy, ... [Read More]

AmeriCredit Announces $725 Million Senior Subordinate Asset-Backed Securitization

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
FORT WORTH — AmeriCredit Corp. announced Wednesday the pricing of a $725 million offering of automobile receivables-backed securities through lead managers Credit Suisse and Deutsche Bank Securities. Co-managers are Barclays Capital, J.P. Morgan, RBS and Wells Fargo Securities. Basically, AmeriCredit uses ... [Read More]

Westlake Financial Enters Three New States

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
LOS ANGELES —Westlake Financial Services announced its expansion into three new states, including Maine, Connecticut and Alaska. The company began business in these states starting July 1. The company also names Kyle Dietrich the new assistant vice president of sales. ... [Read More]

Bankruptcies Continue to Climb Year-Over-Year

Tuesday, Jul. 7, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings came in at a level that was 36.5 percent higher for the first six months of this year, compared to last year, according to the American Bankruptcy Institute. Based on data from the National ... [Read More]
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