2025 Loss Mitigation Executive of the Year: Craig Paterson of GM Financial
Wednesday, Nov. 5, 2025, 02:23 PM
PODCAST: Used Car Week Hall of Famer Becky Igo of Allied Solutions
Tuesday, Nov. 11, 2025, 10:48 AM
2025 Repossession Agent of the Year: Phil Hanks of Connect 1 Recovery
Thursday, Nov. 6, 2025, 10:34 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Monday, Oct. 27, 2025, 04:17 PM
Two Out of Three National Auto Lenders Cut Originations
Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One and Wells Fargo, two out of three national auto lenders SubPrime Auto Finance News reviewed, reported reductions in origination volume and tightened their auto lending standards during the first quarter. The last, Chase, interestingly enough, actually ... [Read More]
TransUnion Releases Data on Auto Debt, Delinquency Levels
Tuesday, Apr. 29, 2008, 12:00 AM
Nick Zulovich
CHICAGO — The latest statistics from TransUnion.com identified states throughout the country showing the highest average auto debt, along with the lowest. Coming in with the highest median auto debt is Nevada, averaging $16,133. This state is followed by the District of Columbia, ... [Read More]
Ford Credit Takes Knock in 1Q Net Income
Tuesday, Apr. 29, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — A higher provision for credit losses, along with deeper depreciation expenses for leased vehicles, contributed to Ford Motor Credit reporting a drop in net income for the first quarter. The company recently posted net income of $24 million ... [Read More]
GMAC: Used Originations Remain Steady; Residuals Down
Tuesday, Apr. 29, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Results in the black for GMAC's global auto finance division and insurance business were unable to prevent the overall company from reporting a loss for the first quarter. GMAC Financial Services posted a net loss of $589 million, ... [Read More]
AmeriCredit Faces Difficult Road in Current Marketplace
Tuesday, Apr. 29, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit's management described the fiscal-year third quarter as difficult despite processes they have already taken to trim dealer relationships, raise minimum cutoff scores, lower loan-to-value and control other credit costs. In addition to the tighter lending requirements, ... [Read More]
Dealer Shares Expansion Story, Keys to Subprime Success
Thursday, Apr. 24, 2008, 12:00 AM
Nick Zulovich
ATLANTA — Nearly 20 years ago, Jerry Smith opened an independent dealership near Atlanta. Today, the store has grown into several stores, in addition to adding a separate finance company that not only finances its own subprime customers, but has actually ... [Read More]
Experian Helps Institutions with Red Flag Rules
Thursday, Apr. 24, 2008, 12:00 AM
Nick Zulovich
COSTA MESA, Calif. — Experian recently announced that many of its products and services support Red Flag rules compliance for a variety of institutions. Red Flag rules went into effect January 2008 as provisions of 2003's Fair and Accurate Transactions Act, ... [Read More]
Nowcom Launches Dealer Websites
Thursday, Apr. 24, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES, Calif. — Nowcom Corp., a leading providers of dealer management solutions, recently announced the release of its newest used car dealer service, Dealer Websites. This new service, which includes easy to use inventory management, credit applications and a unique ... [Read More]
AmeriCredit Strikes Deal for $2 Billion Forward Purchase Commitment
Thursday, Apr. 24, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas. — In a move AmeriCredit's president and chief executive officer called positive, his company recently announced that it has entered into a one-year, $2 billion forward purchase commitment agreement with Deutsche Bank AG, Cayman Islands Branch. Under this ... [Read More]
Red Flags Rule Publication Released
Tuesday, Apr. 22, 2008, 12:00 AM
Nick Zulovich
HANOVER, Md. — CounselorLibrary.com, which publishes auto finance and leasing legal compliance manuals, announced Monday that the first publication in a new series of compliance manuals is now available for purchase. The CARLAW Compliance Series is designed to help dealers tackle legal ... [Read More]
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