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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 Responds to Concerns Over Its Wholesale Financing, Curtailment Practices

Thursday, Mar. 19, 2009, 12:00 AM
Nick Zulovich
DETROIT — In a statement released this week, GMAC Financial Services said it is doing everything it can to provide broad-based funding support for dealerships during the difficult economy. For instance, even with the tight credit markets, the company said it ... [Read More]

Experian Automotive: Auto Delinquencies Climb by Double Digits

Thursday, Mar. 19, 2009, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — This morning, Experian Automotive announced that 60-day past due climbed by double digits year-over-year from the fourth quarter of 2007 to 2008. More specifically, the company discovered that these delinquencies are up nearly 17 percent. Currently, 1.04 percent of ... [Read More]

Wells Fargo Capital Infuses Summit with $20 Million Revolving Credit Facility

Thursday, Mar. 19, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced this week that it recently added $20 million to Summit Financial Corp.'s existing Bank of America Business Credit facility of $55 million, bringing the total facility to $75 million. Currently in its ... [Read More]

Finance Express Teams Up with ComplyNet to Offer Red Flags Assistance

Thursday, Mar. 19, 2009, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express, a leading provider of Web-based financial services and technology for independent auto dealerships, recently announced that ComplyNet Corp. has entered an agreement to join the its online dealer management system. ComplyNet offers online and ... [Read More]

TransUnion: Worst in Auto-Loan Delinquencies May be Over

Tuesday, Mar. 17, 2009, 12:00 AM
Nick Zulovich
CHICAGO — Throughout the nation, the 60-day auto delinquency rate climbed by almost 9 percent year-over-year in the fourth quarter, according to TransUnion.com. Discussing these results with SubPrime Auto Finance News, Pete Turek indicated that delinquencies will rise 41 percent through ... [Read More]

AFCD, Nowcom to Offer Dealers More Lender Opportunities

Tuesday, Mar. 17, 2009, 12:00 AM
Nick Zulovich
LOS ANGELES — Automotive Finance Consumer Division and Nowcom Corp. announced today that they will soon begin providing dealers access to new lender opportunities via XpressCredit. This lending platform will be made available through their fully integrated dealer management system called ... [Read More]

Key AutoFinance Launches New Floor-Planning Program

Tuesday, Mar. 17, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — To help its members, the American International Auto Dealers Association's affinity partner, Key AutoFinance, has introduced Key Inventory Management. The program is a Web-based solution designed to help dealers take greater control of the management of floor plan ... [Read More]

GMAC Reports It Funded $1.5 Billion in New, Used Auto Loans From Dec. to Mid-March

Tuesday, Mar. 17, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services issued a statement on Monday offering an update on how TARP funds have helped the company expand its retail automotive financing, in addition to floor planning for dealers. —Upon receiving TARP funds in late December, GMAC ... [Read More]

Avert Repo Boasts Its Help to Prevent Almost 25,000 Auto Repos

Thursday, Mar. 12, 2009, 12:00 AM
Nick Zulovich
WINDHAM, N.H. — Stephens & Michaels' Avert Repo division says it is helping customers facing auto repossession retain their cars. Basically, Avert works with consumers and their lenders to get consumers back in good standing and prevent repossession. "We've prevented more ... [Read More]

Triad Teams Up with Innovate Auto Solutions to Spread Word about Services

Thursday, Mar. 12, 2009, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial and Innovate Auto Solutions today announced their partnership to promote Triad's vehicle loan servicing to finance companies, auto dealers, investors, credit unions and other potential clients. "We have personally known Innovate's leadership team for ... [Read More]

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