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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

CNW: More Customers with FICOs Below 670 Gaining Approval

Thursday, Mar. 26, 2009, 12:00 AM
Nick Zulovich
BANDON, Ore. — After plummeting to an average of 6.52 percent in October of last year, the number of customers approved for vehicles with a FICO under 670 is slowly climbing upward, according to the latest data from CNW Research. In ... [Read More]

GMAC to Add 200 Positions in N.C.

Thursday, Mar. 26, 2009, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — North Carolina Gov. Bev Perdue recently announced that GMAC Financial Services will invest more than $16.4 million to grow its Charlotte operations. GMAC confirmed this announcement. The expansion is expected to create 200 finance, marketing, IT and related ... [Read More]

NCCI Names COO

Thursday, Mar. 26, 2009, 12:00 AM
Nick Zulovich
LAKE FOREST, Calif. — National Creditors Connection Inc., a leading provider of nationwide field call services, announced it has promoted senior vice president Jerry Rahon to chief operating officer. Rahon received a unanimous vote of confidence from NCCI's board of directors ... [Read More]

NAF Association Announces Details for Non-Prime Conference

Thursday, Mar. 26, 2009, 12:00 AM
Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association's 13th Annual Non-Prime Auto Financing Conference will be held June 3 to 5 at the Renaissance Worthington Hotel in Fort Worth. The conference opens with a reception in the exhibit hall at 5:30 ... [Read More]

Compli Names New COO

Tuesday, Mar. 24, 2009, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli announced recently that Chris Grebisz will become the company's new chief operating officer on April 1, 2009. Ken Thrasher, chairman and chief executive officer of Compli, said that Grebisz's executive experience will help the company form new ... [Read More]

Recovery of Used-Vehicle Prices Boosts Residuals for SUVs, Trucks

Tuesday, Mar. 24, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Many auto companies curtailed leasing in 2008 as residual values caused a lot of concerns. As DBRS pointed out in its latest report, residual values are a critical component of auto asset-backed securities' rating criteria. "One of the ... [Read More]

Fireside Bank Exits Auto Finance Business

Tuesday, Mar. 24, 2009, 12:00 AM
Nick Zulovich
CHICAGO — Unitrin, which is Fireside Bank's parent company, announced today that the subsidiary is suspending new lending activity and exiting the auto finance business. Basically, Unitrin said this decision follows a review into the strategic alternatives for Fireside. The move ... [Read More]

Kia, CUDL Team Up to Offer Discounts to Credit Union Members

Tuesday, Mar. 24, 2009, 12:00 AM
Nick Zulovich
ONTARIO, Calif. — CUDL and Kia Motors America announced they have entered a  new partnership to provide credit union members discounts on new 2008 and 2009 vehicle purchases. The new partnership between the Credit Union Service Organization and KMA provides members ... [Read More]

Experian Automotive: Auto Delinquencies Climb by Double Digits

Thursday, Mar. 19, 2009, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — This morning, Experian Automotive announced that 60-day past due climbed by double digits year-over-year from the fourth quarter of 2007 to 2008. More specifically, the company discovered that these delinquencies are up nearly 17 percent. Currently, 1.04 percent of ... [Read More]

Wells Fargo Capital Infuses Summit with $20 Million Revolving Credit Facility

Thursday, Mar. 19, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced this week that it recently added $20 million to Summit Financial Corp.'s existing Bank of America Business Credit facility of $55 million, bringing the total facility to $75 million. Currently in its ... [Read More]
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