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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
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

GMAC Confirms It’s Going for Bank Status, Halts Auto Loans in Several Countries

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
NEW YORK — GMAC Financial Services confirmed today that it is in discussions with federal regulatory authorities seeking bank holding company status under the Bank Holding Company Act of 1956, among other things. As a bank holding company, GMAC explained that ... [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]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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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]

NADA Cautions Dealers to Be Alert for Fraud Scheme

Thursday, Oct. 30, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — The National Auto Dealers Association issued a fraud alert this week, saying that the U.S. Department of the Treasury is investigating cases where individuals are using counterfeit documents that appear to be issued by the Treasury Department to ... [Read More]

AmeriCredit Reduces Originations Even Further

Tuesday, Oct. 28, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced Monday that it is further reducing monthly auto loan originations to $100 million and closely monitoring its warehouse covenants in an effort to withstand the difficult operating environment and come through the other side. "With ... [Read More]

Fitch: Subprime Auto ABS Soar to 11-Year High

Tuesday, Oct. 28, 2008, 12:00 AM
Nick Zulovich
NEW YORK — While delinquencies on prime auto asset-back securities remained stable in September, subprime auto ABS delinquencies were a completely different story. Fitch Ratings announced today that that subprime delinquencies have reached an 11-year high, possibly paving the way for ... [Read More]

First Advantage CREDCO Launches Stacked Credit Report for RouteOne Dealers

Tuesday, Oct. 28, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — First Advantage CREDCO announced the integration of a new stacked credit report with RouteOne. The stacked credit report, which delivers separate credit reports from one, two or all three national credit bureaus in a single transaction, can help ... [Read More]

VW Credit Turns to Reynolds to Replace Contract

Tuesday, Oct. 28, 2008, 12:00 AM
Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds announced that Volkswagen Credit has adopted Reynolds' LAW(R) 553 Universal Retail Sale Contract for use in its consumer financing business, replacing its own proprietary form. More than 900 Volkswagen, Audi and Bentley dealerships in all ... [Read More]

GDNAuto, CU Lending Strike Deal to Help Credit Unions Grow Auto Portfolios

Thursday, Oct. 23, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES and ALAMO, Calif. — Global Debt Network Automotive and CU Lending Solutions have formed a partnership that can allow credit unions to expand their reach into the auto lending business and manage their portfolio risk more efficiently. Basically, the ... [Read More]

National Lenders Examine 3Q Challenges, Results

Thursday, Oct. 23, 2008, 12:00 AM
Nick Zulovich
SAN FRANCISCO, NEW YORK and McLEAN, Va. — As Wells Fargo Financial, Capital One Auto Finance and Chase Auto Finance recently released their third-quarter results, executives from these firms discussed how their companies have fared in light of challenges stemming from ... [Read More]
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