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SPONSORED EPISODE: Bracing for more than ‘portfolio stress’ with John Elias of Allied Solutions
Monday, Jun. 22, 2026, 07:11 PM
John Elias, sales specialist in auto finance business development with Allied Solutions, acknowledged lenders might be experiencing more than just “portfolio stress” since delinquencies, insurance costs, negative equity, and repossessions are all intensifying at the same time. Elias, who was ... Listen Here
Agora Data’s Matt Burke on becoming NAF Association president
Friday, Jun. 19, 2026, 01:00 AM
Agora Data’s Steve Burke was one of the founders of the National Automotive Finance Association 30 years ago. Now in 2026, Steve Burke’s son, Matt, not only is a top executive at Agora Data, but he is also now president ... Listen Here
Experian’s Melinda Zabritski discusses ongoing stretching of terms
Friday, Jun. 12, 2026, 09:35 AM
The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here

Cash Transactions for GM Models Climb

Tuesday, Nov. 18, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Recent data from Power Information Network discovered that cash transactions for General Motors models have jumped considerably, which may indicate that these dealers are having a tough time getting financing for their customers. "GM's proportion of cash ... [Read More]

Edmunds.com: Credit to Buy Still Available with Caveats

Tuesday, Nov. 18, 2008, 12:00 AM
Nick Zulovich
SANTA MONICA, Calif. — While Jesse Toprak, of Edmunds.com, reports that the credit market is tighter than several months ago, he also indicates that credit is available for buyers. In fact, he attributes fewer sales more to the media than anything ... [Read More]

PROCON to Merge with DriveOK

Tuesday, Nov. 18, 2008, 12:00 AM
Nick Zulovich
KNOXVILLE, Tenn., and SAN DIEGO, Calif. — PROCON Inc., a leader in mobile resource management solutions, and DriveOK, a fast growing small fleet, buy-here, pay-here GPS tracking equipment and services provider, recently announced that the companies will merge. The merger enables PROCON, ... [Read More]

Westlake Financial Enters New Jersey

Tuesday, Nov. 18, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services announced it is expanding into the New Jersey market. The company now originates automotive loan contracts in a total of 35 states throughout the U.S. New Jersey contracts began being accepted on Nov. 1. Mark ... [Read More]

NAF Association to Host Update on Non-Prime Auto Industry

Thursday, Nov. 13, 2008, 12:00 AM
Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association, J.D. Power and Associates, in addition to TransUnion, are teaming up for a Webinar Nov. 19 at 2 p.m. EST that looks at the status of the non-prime auto finance industry. "Non-Prime Auto ... [Read More]

Comerica: Average New Vehicle More Expensive

Thursday, Nov. 13, 2008, 12:00 AM
Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took 24.1 weeks of median family income in the third quarter, according to the Auto Affordability Index compiled by Comerica Bank. The latest reading is up one week from the second quarter, ... [Read More]

Good News from Subprime Lenders

Thursday, Nov. 13, 2008, 12:00 AM
Nick Zulovich
Bankruptcies are at a three-year high, jobless claims at a 14-year high and both are increasing. So, what are the subprime lenders doing to remain profitable? What can you do to guarantee the survival of these needed financing sources? And ... [Read More]

Subprime Pullback Means Big Business for BHPH Dealers

Thursday, Nov. 13, 2008, 12:00 AM
Nick Zulovich
HOUSTON — Many subprime lenders are tightening their business and trimming back on dealer relationships, which is a boon to buy-here, pay-here dealers as many customers who normally went the more traditional finance route are now being pushed into these stores. ... [Read More]

O’Neil: DealerTrack Continues to Face Serious Headwinds

Tuesday, Nov. 11, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Reporting its third-quarter results, DealerTrack recently indicated that the tightened credit market has taken a toll, with the number of lender-to-dealer relationships down, along with fewer transactions processed via the platform. More specifically, the company said the ... [Read More]

Ford Credit Posts Net Income of $98 Million

Tuesday, Nov. 11, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit's chief executive officer said he expects the market to remain "extraordinarily challenging." For the third quarter, the company reported net income of $95 million, down $239 million from earnings of $334 million a year earlier. ... [Read More]

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