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Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here
SPONSORED EPISODE: From Acquisition to Sale — Winning Used Car Tactics from Autotrader and vAuto experts
Tuesday, Nov. 11, 2025, 05:28 PM
In this sponsored episode of the Auto Remarketing Podcast, host Bill Zadeits joins with Elizabeth Stegall of Autotrader, Kelley Blue Book and ICO, and Bethany Johnson from vAuto to preview their Used Car Week workshop. Listen now and you’ll get ... Listen Here

FTC’s Delay of Red Flag Enforcement Does Not Apply to Many Dealers

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Last month, the Federal Trade Commission announced a delay in its enforcement of the Red Flags Rules until May of next year. So, does this mean dealers have more time to prepare? In many cases, it does not. ... [Read More]

GMAC’s Auto Finance Unit Reports $294 Million 3Q Loss

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Reporting its preliminary third-quarter results, GMAC Financial Services indicated that its auto finance division experienced pressure from lower used-vehicle prices, in addition to weaker consumer and dealer credit performance, which contributed to a loss for the period. Overall, ... [Read More]

For First Time Since New Bankruptcy Law Monthly Filings Top 100,000

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Overall, U.S. consumer bankruptcy filings jumped 40 percent throughout the nation in October, compared to the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More ... [Read More]

Nicholas Financial Struggles Through These Difficult Times

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — Like many other portfolio purchasers and servicers during the current economic and credit environment, Nicholas Financial reported that it had a difficult second quarter, with its chief executive officer saying he doesn't expect to witness improvement soon. Overall, ... [Read More]

CBA Automobile Finance Conference Unveils Keynote Speaker, Details

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association announced the keynote speaker for its 29th Premier Automobile Finance Conference & Tradeshow in addition to several other event details. Delivering the keynote address will be Mike Jackson, the chairman and chief executive officer ... [Read More]

RouteOne Introduces New Red Flags Compliance, Fraud-Prevention Solution

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne has launched a new tool, powered by TransUnion, that can help dealers comply with the Federal Trade Commission's Red Flags Rule and also protect themselves from fraud. As most know, enforcement of the Red Flags Rule, ... [Read More]

GDNAuto Expands Loan Portfolio Offers

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES and ALAMO, Calif. — Global Debt Network Automotive told SubPrime Auto Finance News recently that it has added two new loan portfolios for purchase on GDNAuto.com. Among these are a $24 million from a finance company in Michigan and a $21,000 subprime ... [Read More]

Crossbow Group Launches Payment Assurance Tool

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — The Crossbow Group, Inc., recently introduced a new single-source clearinghouse solution for payment assurance systems that is specifically designed for the auto retail and finance industries. Basically, the ReCaP Solution can help lenders boost sales and ensure ... [Read More]

CEO Talks about Goals for Daimler Financial During Official Launch of Ops Center

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Daimler Financial Services Americas officially launched its new, cutting-edge, 164,000-square-foot operations center this week, which employs 550 people and has the capacity for 800. During an outdoor celebration that included all Texas employees, U.S. Congresswoman Kay Granger, ... [Read More]

Completion of Whole-Loan Sale Hurts 3Q Results for CPS

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — In reporting its third quarter results, Consumer Portfolio Services announced a loss, indicating that the company took a hit from its whole-loan sale in September. Basically, officials explained that CPS incurred a loss on the transaction as the ... [Read More]
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