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The Spark Between EVs & CPO
Thursday, Jul. 16, 2026, 02:46 PM
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
Vincenzo Ciampi of iA Financial Group
Tuesday, Jun. 30, 2026, 10:53 AM
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
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

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]

90% of Chrysler Dealers Now with GMAC

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — Just after GMAC reported that it is receiving $7.5 billion from the U.S. Treasury, Chrysler's vice chairman and president announced that about 90 percent of the automaker's dealers are now activated to conduct retail business via GMAC. ... [Read More]

Manheim Calls Credit Markets Better, Not Normal

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
ATLANTA — Apparently, many consumers still feel they are unable to get loans, despite the fact that lending has picked up, according to latest analysis from Manheim Consulting. Late last week, the company shared its take on what is occurring in ... [Read More]

Prestige Financial Names COO

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced a chief operating officer late last week. Taking on the role is Bryant Henrie. As its most senior executive, Henrie will direct the auto finance company's efforts to capitalize on market opportunities and further ... [Read More]

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