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Ted Berlovich of Clutch
Monday, Jun. 29, 2026, 03:44 PM
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
Moiz Khan of Driveline Technologies
Monday, Jun. 29, 2026, 03:29 PM
During Canada’s Used Car Week, Auto Remarketing Canada senior editor Joe Overby caught up with Moiz Khan, co-founder of Driveline Technologies, to talk about the company, its growth and how it is addressing real challenges facing the automotive industry. Stay ... Listen Here
United Car Dealers Association Leaders Join CUCW Live Stage
Thursday, Jun. 25, 2026, 07:09 PM
Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here

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]

Chrysler Financial Realigns Staffing to Meet Current Economic Climate

Tuesday, Jul. 7, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial recently announced it is restructuring its business operations to better align to the current market environment. This restructuring includes a reduction in the company's work force of about 9 percent. Officials attributed this need for ... [Read More]

GMAC Speaks Out After GM Gains Court Approval to Sell Assets

Tuesday, Jul. 7, 2009, 12:00 AM
Nick Zulovich
DETROIT — On the heels of General Motors announcing it received bankruptcy court approval to sell its assets to a new company, GMAC Financial Services announced its reaction. The company indicated that it has been notified that the U.S. Bankruptcy Court ... [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]

ABA: Direct Auto Loan Delinquencies Jump a Percentage Point

Tuesday, Jul. 7, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — While indirect auto loan delinquencies showed some improvement in the first quarter, direct auto loan delinquencies were another story, according to the American Bankers Association. On the positive side, the ABA announced today that indirect delinquencies dropped slightly ... [Read More]

BHPH Dealers Discuss Best Practices, Alternatives to Repossession

Thursday, Jul. 2, 2009, 12:00 AM
Nick Zulovich
ORLANDO, Fla. —  As an eroding economy impacts businesses and car shoppers across the board, many buy-here, pay-here dealers are often faced with the challenge of customers not being able to make their payments. But many times, there are alternatives ... [Read More]

SBA Kicks Off Floor Plan Program for Dealers

Thursday, Jul. 2, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Starting on Wednesday, auto, RV and other dealerships could start applying for Small Business Administration-guaranteed dealer floor plan financing, which can make it easier for these small businesses to borrow against their inventory and increase their cash flow. ... [Read More]

TransUnion Launches New Tools for Dealers, Lenders

Thursday, Jul. 2, 2009, 12:00 AM
Nick Zulovich
CHICAGO — In response to auto-loan delinquencies growing by more than 27 percent over the last year, TransUnion has launched new tools to help dealers and lenders better analyze consumers. To assist the industry in today's dynamic economic climate, TransUnion introduced the availability of ... [Read More]

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