Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
Read More
Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging
Wednesday, Mar. 11, 2026, 10:30 AM
PODCAST: Carleton’s Tim Yalich on how critical accurate payment information is to today’s car shoppers
Tuesday, Mar. 10, 2026, 10:57 AM
Already the top factor holding back dealership business, potential economic headwinds build
Monday, Mar. 9, 2026, 10:53 AM
Industry Elite: Mike Clark Jr. of C&C Cars
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here
Friday, Mar. 20, 2026, 03:50 PM
Industry Elite: Chuck Tapp of America’s Group
Next up on our series with the inaugural Industry Elite: The C-Suite honorees is America’s Group CEO Chuck Tapp. In this episode, we revisit Tapp’s fireside chat with Cherokee Media Group president Bill Zadeits at Used Car Week 2025. They ... Listen Here
Friday, Mar. 20, 2026, 01:04 PM
Industry Elite: Grace Huang of Cox Automotive
Kicking off our podcasts with the inaugural Industry Elite: The C-Suite honorees is a conversation with Grace Huang, president of Cox Automotive Inventory Solutions. Huang talks with Cherokee Media Group senior editor Joe Overby about her journey from business consultant ... Listen Here
Thursday, Mar. 19, 2026, 04:49 PM
ABA: Direct, Indirect Auto Loan Delinquencies Drop
Tuesday, Oct. 7, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — In an interesting twist, the American Bankers Association recently reported that delinquencies on indirect and direct auto loans have declined. According to the ABA's Consumer Credit Delinquency Bulletin, indirect auto loan delinquencies fell from 3.09 percent to 3.07 ... [Read More]
CPS Completes Whole Loan Sale
Thursday, Oct. 2, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced this morning that it completed a structured whole loan sale last Friday, moving $198.7 million of auto purchase receivables. In the transaction, an affiliate of Citigroup purchased 95 percent of structured notes backed by ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
The Dealer’s Guide to Smarter GPS Tracking
A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
Read More
Used Car Turn Vendor Management Checklist
Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
Read More
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]
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]
X