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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

CPS Trims Contract Purchases as Delinquencies Increase

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced a climb in managed receivables and took action to reduce contract purchases in the first quarter to better stay in line with the current economic environment. For the quarter, CPS said it purchased $176.1 ... [Read More]

USA Computer Systems Takes BHPH/Subprime DMS System to the Web

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
TRENTON, Maine — USA Computer Systems' chief operating officer recently announced that in addition to accepting reservation dates for its early fall installation process, his company's DMS, The Answer, is going Web-based. Basically the company is moving from its current Microsoft ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

The ART of AI: A Dealership Guide to Deploying AI With Confidence

AI is rapidly reshaping dealership operations, yet most stores are still in early experimentation mode. According to the Cox Automotive...
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Turn Battery Risk Into Trust: Your Edge in the Used EV Market

Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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How GMs Start Their Day with Mastermind & Make More Deals

Successful General Managers know that how you start the day sets the tone for dealership performance. This checklist outlines the...
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Rising Repos, Shrinking Margins: A Guide to Reduce Collections and Servicing Costs with AI Agents

As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)

Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance

Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos

Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI

The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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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]
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