Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months
Wednesday, Jul. 15, 2026, 09:51 AM
APCO boosts EasyCare footprint via acquisition for second time in less than a week
Tuesday, Jul. 14, 2026, 10:44 AM
SAFCO promotes CFO to president
Monday, Jul. 13, 2026, 11:54 AM
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Thursday, Jul. 16, 2026, 02:46 PM
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Tuesday, Jun. 30, 2026, 10:53 AM
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Monday, Jun. 29, 2026, 03:44 PM
Henderson Names Replacement for LaNeve
Thursday, Oct. 8, 2009, 12:00 AM
Nick Zulovich
DETROIT — Late Wednesday, Fritz Henderson, General Motors president and chief executive officer, named Mark LaNeve's replacement. Promoted to the position is Susan Docherty, who is currently the general manager of Buick-GMC. She takes over the role on Oct. 16 and ... [Read More]
Fed: Average Amount Financed on Car Loan Plummets
Thursday, Oct. 8, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve announced the latest auto finance trends on Wednesday, and in an interesting turn, the average amount financed at auto lenders showed a significant drop. This figure came in at $24,405 on new-car loans in August, ... [Read More]
AppOne Gains Kansas-Based Credit Union
Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — In the all-important need to open up credit availability and get the economy moving again, Wolters Kluwer Financial Services announced it has gained a new financial institution to use its AppOne platform. The most recent lending facility to ... [Read More]
Bankruptcy Filings Hit New Nine-Month Record Since 2005
Tuesday, Oct. 6, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — For the first time since 2005, bankruptcy filings jumped past the 1 million mark during the first three calendar quarters of a year, according to the American Bankruptcy Institute. Relying on data on from the National Bankruptcy Research ... [Read More]
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]
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