Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months

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APCO boosts EasyCare footprint via acquisition for second time in less than a week

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SAFCO promotes CFO to president

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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

Fed: Interest Rates for Auto Finance Companies Drop to Record Low

Thursday, May. 14, 2009, 12:00 AM

Nick Zulovich

WASHINGTON, D.C. — The average interest rate on new-vehicle loans at auto finance companies continues to plummet, as it hit an all-time low for the second straight month, the Federal Reserve recently announced. At 2.74 percent, this latest interest rate is down ... [Read More]

Comerica Bank: Auto Affordability Shows Improvement

Thursday, May. 14, 2009, 12:00 AM

Nick Zulovich

DALLAS — Although median family income continued on a downward slope in the first quarter, the total cost to buy and finance a new vehicle dropped at a much steeper pace, thanks largely to sharp declines in interest rates, according to Comerica ... [Read More]

Floor Planners Talk Business Trends

Thursday, May. 14, 2009, 12:00 AM

Nick Zulovich

LAS VEGAS — Executives representing various floor planners and financial institutions gathered on Wednesday to talk about how the industry is faring. Just what did they say? Taking the stage at the National Alliance of Buy-Here, Pay-Here Dealers conference was Scott ... [Read More]

First Advantage CREDCO Enhances Red Flag Solution

Thursday, May. 14, 2009, 12:00 AM

Nick Zulovich

POWAY, Calif. — First Advantage CREDCO introduced a new component to its Red Flag Solution that provides dealers with an automated means to draft, rollout, train and report on their identify theft programs required under the new Red Flags Rule. Red Flag ... [Read More]

RouteOne Integrates with VertiSEL; Accesses Credit-Improvement Solution

Thursday, May. 14, 2009, 12:00 AM

Nick Zulovich

FARMINGTON HILLS, Mich. — RouteOne announced Tuesday that it has completed integration with VertiSEL, a company that offers programs to consumers who have had difficulties during the auto-financing process due to lack of credit access. Essentially, this integration will allow RouteOne dealers to ... [Read More]

Webb: Recession to Likely End by Q3

Wednesday, May. 13, 2009, 12:00 AM

Nick Zulovich

LAS VEGAS — Tom Webb had some positive news to share at the National Alliance of Buy-Here, Pay-Here Dealers conference Tuesday. Manheim's chief economist said he is seeing some improvement in the near future in the labor sector, which coupled with ... [Read More]

Experienced Recovery Professional Offers Tip to Reduce Losses

Wednesday, May. 13, 2009, 12:00 AM

Nick Zulovich

LAS VEGAS — One of the speakers to generate a lot of audience interest Tuesday at the National Alliance of Buy-Here, Pay-Here Dealers conference was Ron Brown, general manager of CSI Group. His company is one of the oldest and largest ... [Read More]

DealerTrack Shares 1Q Challenges, Revises 2009 Full-Year Guidance

Tuesday, May. 12, 2009, 12:00 AM

Nick Zulovich

LAKE SUCCESS, N.Y. — Even though the company recorded a net loss in a difficult auto environment during the first quarter, DealerTrack officials said they anticipate that the company's overall 2009 earnings performance will be better than initially expected. More specifically, ... [Read More]

GMAC Says it Will Boost Tier 1 Capital

Tuesday, May. 12, 2009, 12:00 AM

Nick Zulovich

NEW YORK — On Monday, GMAC Financial Services confirmed capital requirements resulting from the Federal Reserve's Supervisory Capital Assessment Program. Basically, as part of this program, GMAC said by Nov. 9, it plans to increase the common shareholder equity component of ... [Read More]

Hudson: Consumer Credit Fairness Act Could Hurt Industry

Tuesday, May. 12, 2009, 12:00 AM

Nick Zulovich

HANOVER, Md. — A bill currently being considered by the U.S. Senate Judiciary Committee could prove to be harmful for subprime auto financing and for used-vehicle dealers, and the industry should be aware of its potentially "dangerous" impact, according to Tom Hudson, an attorney ... [Read More]

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