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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

PATA Names Interim Board of Directors, More

Tuesday, Jul. 8, 2008, 12:00 AM
Nick Zulovich
HANOVER, Md. — At its second meeting, the newly formed Payment Assurance Technology Association named an interim board of directors, elected leadership and appointed auto association executive Jack Tracey as its executive director. Board officers are: President: Stan Schwarz, PassTime Vice ... [Read More]

CarBiz Sells Software Division

Tuesday, Jul. 8, 2008, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — CarBiz announced recently that it has sold its software division to Constellation Homebuilder Systems, a division of Constellation Software Inc., for $2.5 million. According to officials, the sales price is more than double what the software division had contributed ... [Read More]

Last Call for All Non-Prime Lenders to Participate in Special Publication

Tuesday, Jul. 8, 2008, 12:00 AM
Nick Zulovich
CARY, N.C., and PHOENIX — Tomorrow is the deadline for all non-prime lenders looking to participate in the special August SubPrime Auto Finance News edition that will be mailed out to thousands of dealers throughout the country. To be sure to ... [Read More]

ABA: Direct Auto Loan Delinquencies Up

Thursday, Jul. 3, 2008, 12:00 AM
Nick Zulovich
WASHINGTON — In an interesting turn, the American Bankers Association announced that indirect auto loan delinquencies are down for the first quarter; however, direct auto loan delinquencies are up slightly. More specifically, the association's latest Consumer Credit Delinquency Bulletin found that ... [Read More]

Dealers’ Financial Services Names New President, CEO, More

Thursday, Jul. 3, 2008, 12:00 AM
Nick Zulovich
LEXINGTON, Ky. — Dealers' Financial Services recently announced that it named a new president and chief executive officer, along with other initiatives. The company's new president and CEO is Robert Nelson. Prior to joining DFS, Nelson served as chief operating officer ... [Read More]

Car Financial Names New COO, CFO and National Sales Director

Thursday, Jul. 3, 2008, 12:00 AM
Nick Zulovich
ATLANTA — Rick Potter, president of CAR Financial Services, a full-service financial institution dedicated to the buy-here, pay-here industry, announced several management changes this week. Taking on the position of chief operating officer and chief financial officer is Mark Lewis. Lewis ... [Read More]

Six-Month Bankruptcy Filings Up 30 Percent, Private Sector Employment Declines

Thursday, Jul. 3, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va., and ROSELAND, N.J. — U.S. consumer bankruptcy filings jumped 30 percent nationwide during the first six months of 2008 from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National ... [Read More]

Calling All Non-Prime Lenders for a Special Opportunity to Directly Reach Dealers

Tuesday, Jul. 1, 2008, 12:00 AM
Nick Zulovich
CARY, N.C., and PHOENIX — The tough capital markets and economy have led many lenders to tighten underwriting requirements and pull back from the lower credit tiers. This has left many dealers throughout the country struggling to find indirect auto lenders ... [Read More]

GMAC Streamlines Global Marketing, GM Teams Up with DealerTrack for DMS

Tuesday, Jul. 1, 2008, 12:00 AM
Nick Zulovich
NEW YORK — GMAC Financial Services announced earlier this week that it has selected a marketing team led by BBH New York as its new global marketing agency of record. This move is designed to better streamline the institution's marketing efforts ... [Read More]

Consumer Portfolio Services Secures $10 Million in Financing

Tuesday, Jul. 1, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services, which specializes in purchasing and servicing new- and used-retail auto contracts, announced this morning that it has closed a new $10 million senior secured financing with an affiliate of Levine Leichtman Capital Partners. The company indicated ... [Read More]
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