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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Fitch: Prime Auto ABS Show Record Annualized Net Losses

Thursday, Oct. 2, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings announced this week that annualized net losses on prime auto loan asset-backed securities in August came in at a record level. More specifically, U.S. prime auto loan ABS hit a record high of 1.73 percent in ... [Read More]

Judge Issues Further Decisions on Legal Dispute between DealerTrack, RouteOne and Finance Express

Thursday, Oct. 2, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — In response to the latest decisions on Tuesday by Judge Andrew Guilford, of the U.S. District Court of California, DealerTrack, RouteOne and Finance Express all issued victory statements regarding the ongoing legal battle revolving around three patents. ... [Read More]

NIADA Launches New Series to Help Dealers Close Subprime Sales

Wednesday, Oct. 1, 2008, 12:00 AM
Nick Zulovich
ARLINGTON, Texas — The National Independent Automobile Dealers Association has introduced a new series through its NIADA.TV portal that can show dealers the best practices for closing sales with subprime customers. The "How to Sell to the Unbankable Customer" series, led ... [Read More]

PIN: Average Down Payment Jumps Along with Age of Trade-Ins

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Power Information Network recently reported that credit tightening is occurring throughout the auto industry, with down payments on new vehicles growing as a result. More specifically, the company indicated that down payments as a percentage of the ... [Read More]

Chase Auto Finance to Serve as Mazda Captive

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — Starting tomorrow, Chase Auto Finance will begin offering subvented loans and leases for Mazda's North American operations, a spokeswomen for the lender told SubPrime Auto Finance News this week. By Jan. 1, 2009, Mazda will use Chase exclusively for ... [Read More]

First Advantage CREDCO Expands Reynolds Partnership, Increases Red Flag Rule Assistance

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — First Advantage CREDCO reported that its CreditMaster solutions is now integrated with Reynolds and Reynolds' dealer management system POWER, in addition to recently announcing it is hosting a Webinar on the Red Flag Rule, as well as launching ... [Read More]

Asbury Seals the Deal on New Senior Debt Facilities

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Asbury Automotive Group announced Monday that it has closed on a number of new senior debt facilities, providing approximately $800 million of replacement financing. These agreements replace an existing $550 million syndicated facility that included a $75 million ... [Read More]

Auto Loan Approval Ratings Sink for All Credit Categories

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
BANDON, Ore. — Even vehicle shoppers with prime credit ratings are having a tougher time getting their auto loans approved by lenders, CNW Research indicated this morning. This trouble has hit borrowers across the board for all credit categories. The percentage ... [Read More]

NADA Tackles Challenge of Auto Loan Approval Ratings

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — On Wednesday, the National Auto Dealers Association addressed the challenge dealers are facing in getting auto loan applications approved. The association indicated that industry experts agree that the economics of auto financing are sound and that vehicle financing ... [Read More]

CARS, PassTime USA Announce Partnership

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
RALEIGH, N.C. — In response to increased demand for services to support the repossession and remarketing of non-performing assets, Consolidated Asset Recovery Systems and PassTime USA announced they have formed a strategic partnership. This partnership will allow the companies to incorporate ... [Read More]
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