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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

VINtek Introduces Enhanced Collateral Management Platform

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
PHILADELPHIA — After receiving extensive feedback from its clients, VINtek has launched a revamped version of VINtekTIME, its online auto collateral management system for paperless and paper-based vehicle titles. The enhanced version of VINtekTIME features a workflow and task queuing system with timers, ... [Read More]

SubPrime Executive Recognition Deadline Approaches

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News will be honoring top subprime executives as part of a special feature in an upcoming edition, but to nominate an industry leader, you must act quickly. The deadline for nominations is Monday. The July/August ... [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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RouteOne to Debut Electronic-Document Storage, Retention Solution

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne unveiled today a pilot version of an electronic-document storage and retention solution for dealers that is fully automated and integrated within RouteOne's credit-application management system, as well as the company's other compliance-support offerings, including credit bureaus, ... [Read More]

GMAC, GM Gain Court Approval to Continue Auto Loans, Incentives, More

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services reported that the U.S. Bankruptcy Court has approved a motion presented by General Motors, which allows GMAC to continue to conduct its direct operations with automaker in the "ordinary course" of business. This is just one ... [Read More]

May Bankruptcy Filings Maintain Double-Digit Year-Over-Year Climb

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings continue to climb by double digits year-over-year, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More specifically, May filings were up 37 percent from the same ... [Read More]

Fitch: 2007 Auto Loan ABS Losses Highest on Record

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
NEW YORK — In two recent reports, Fitch Ratings reviewed the auto asset-backed securities market and discovered that the 2007 securitization vintage has posted losses that are now considered the highest on record. "To date, CNLs on the 2007 prime auto ... [Read More]

United Capital Snaps Up Non-Performing Dealership Mortgage Note

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
GREAT NECK, N.Y. — Interestingly, United Capital Corp. announced it has purchased a $13.4 million mortgage note for a property that houses a Bentley Lamborghini Dealership of Long Island. It bought the note from Bank of America. Officials said the mortgage is ... [Read More]

U.S. Treasury Offers GM Bondholders Incentives to Support Bankruptcy Sale

Thursday, May. 28, 2009, 12:00 AM
Nick Zulovich
DETROIT — In a statement and SEC filing released today, General Motors announced that the U.S. Treasury has offered a proposal that provides incentives for the automaker's unsecured bondholders to support a 363 sale as part of a bankruptcy proceeding. And initial ... [Read More]

Two Lenders Choose to Join XpressCredit

Thursday, May. 28, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced that two lenders have selected its platform. These include American Finance, which will use the system to conduct its back office underwriting, and General Acceptance Corp., as a user of both its Credit Aggregation System and ... [Read More]

NCCI Now SAS 70 Compliant

Thursday, May. 28, 2009, 12:00 AM
Nick Zulovich
LAKE FOREST, Calif. — National Creditors Connection recently announced that it has successfully completed the SAS 70 compliance conducted by Bronsky & Co. CPA Firm. The SAS 70 process is designed to determine that the controls a company has in place ... [Read More]
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