Initial 2026 auto financing outlook still muted despite two positive trends
Wednesday, Jan. 7, 2026, 10:57 AM
Protective finalizes Portfolio acquisition, its eighth since 2015
Tuesday, Jan. 6, 2026, 09:28 AM
Edmunds: More than 26% of Q4 used- & new-car deliveries backed by monthly payments topping $1,000
Monday, Jan. 5, 2026, 11:29 AM
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here
Monday, Jan. 12, 2026, 05:16 PM
The hidden costs of getting paid with Dealer Pay CEO Julie Douglas
As payment technologies evolve, so do the risks. Dealers are increasingly targeted by sophisticated fraud schemes, and compliance requirements are tightening. Dealer Pay CEO Julie Douglas recapped the current environment on the Live Stage presented by SYCN Auto Logistics during ... Listen Here
Monday, Jan. 12, 2026, 04:39 PM
A breakdown of real-world auto transportation fraud with Preowned Auto Logistics
Jeremy Louisos recapped three real-world examples of how fraud recently surfaced in the transportation space. The senior vice president of Preowned Auto Logistics also shared suggestions with Cherokee Media Group’s Joe Overby on how firms can avoid similar situations. The ... Listen Here
Friday, Jan. 9, 2026, 01:00 PM
Comerica: Auto Affordability Hits 28-Year High
Tuesday, Aug. 12, 2008, 12:00 AM
Nick Zulovich
DALLAS — Consumers still in the market for a new vehicle are turning to cheaper models, according to Comerica's chief economist. This trend led the bank's affordability index to its highest level in almost 30 years. The purchase of an average-priced ... [Read More]
Chrysler Financial Names CEO, COO
Tuesday, Aug. 12, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — On Monday, Chrysler Financial announced it has implemented some executive moves to further strengthen the company's focus on its core business. Taking on the newly created position of vice chairman and chief executive officer is Thomas Gilman. Basically, ... [Read More]
DealerTrack Revises Full-Year Guidance, Reports Fewer Network Transactions
Tuesday, Aug. 12, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With sales down throughout the country, not only are automakers and dealers getting hurt, but so, too, are lenders and the platforms that rely on them to bolster profits. One such instance can be found in the ... [Read More]
AmeriCredit Cuts Originations Two-Thirds by Ceasing Certain Loan Products, More
Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — In AmeriCredit's latest moves to remain nimble in the current market atmosphere, the company's chief executive officer said in a conference call Wednesday that it has reduced originations over last year by two-thirds, ceased originations in Canada, ... [Read More]
Fitch Predicts Difficult Times Ahead for U.S. Dealer Floor Plan ABS
Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
NEW YORK and CHICAGO — The weakened U.S. economy, declining dealership profitability impacted by a stressed U.S. vehicle sales environment and the weak credit profiles of U.S. auto manufacturers will lead to worsening asset performance of U.S. auto-related dealer floor plan asset-backed ... [Read More]
ACIG Selects Peak5 to Service Auto Loan Portfolio
Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
DENVER, Colo. — Access Capital Investment Group recently acquired a $34 million auto loan portfolio and has chosen Peak5 to service and collect on the new loans. "We chose Peak5 to service this portfolio because they provide superior back end collection ... [Read More]
Floor Planner DSC Moves Headquarters, Adds Offices in New Markets
Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Dealer Services Corp., an inventory floor planning company based in Indiana, announced it is moving its corporate headquarters to a larger facility in the state. Thanks to of steady growth, both in the number of employees and overall ... [Read More]
HSBC Auto Finance Freezes Indirect Auto Lending
Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
PROSPECT HEIGHTS, Ill. — During a Monday conference call to discuss half-year results, HSBC announced it has decided to exit the indirect auto finance business. "We're going to discontinue new auto loan originations via our indirect origination channel (or through dealers)," ... [Read More]
Chrysler Revamps Incentives to Make Purchasing More Attractive; Financial Arm Completes Funding Facility
Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — As Chrysler shifts its focus from leasing to retail purchasing, the automaker announced that it is repackaging its incentives to make purchasing a vehicle more affordable. The new strategy includes 72-month finance deals on an expanded range ... [Read More]
ABI Expects Bankruptcies to Surge Past 1 Million by Year-End
Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 48 percent nationwide in July from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The overall July consumer ... [Read More]
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