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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

AFC, AFCD Announce Reductions in Operations

Nick Zulovich
CARMEL, Ind. — In an exclusive with SubPrime Auto Finance News, KAR Holdings' AFC and AFCD announced Wednesday that they are downsizing operations within certain markets, in addition to trimming the overall work force. This move is due to the steady ... [Read More]

GE Fleet to Host Subprime Remarketing Webinar

Nick Zulovich
EDEN PRAIRIE, Minn. — GE Capital Solutions Fleet Services announced it is hosting a free online seminar called Vehicle Remarketing for Subprime Auto Lenders — Trends that will Affect Your Bottom Line in 2009 on Oct. 7. Specific info includes: Tuesday, Oct. ... [Read More]

F&I Technology Conference Names Captive, Non-Captive Funders of the Year

Nick Zulovich
LAS VEGAS, Nev. — F&I Technology announced Wednesday the winners of its Captive and Non-Captive Funders of the Year. These awards were presented at the F&I Technology Conference and Expo in Las Vegas and sponsored by RouteOne LLC. Readers of F&I ... [Read More]

Daimler Financial, John Kennedy Center Team Up to Benefit Students, Teachers

Nick Zulovich
FARMINGTON HILLS, Mich. — Daimler Financial Services Americas and the John F. Kennedy Center for the Performing Arts recently announced an innovative education program that combines new media digital technology and the creativity of middle school students and their teachers. The ... [Read More]

Most Consumers Do Not Know the APR on Their Auto Loans

Nick Zulovich
NEW YORK — A recent study by Capital One Financial Corp. discovered that the majority of consumers with auto loans do not know the interest rate they are paying. More specifically, this number came in at 61 percent of Americans who ... [Read More]

Peak5 Names Senior VP of National Sales; Improves Customer Service at Call Centers

Nick Zulovich
CENTENNIAL, Colo. — Peak5 announced today that it has named a senior vice president of national sales. Accepting this position with the company is Thomas Richards. Richards has been working within the auto industry for almost 15 years, according to officials. ... [Read More]

NABD Announces Speaker List for Underwriting, Collections Conference

Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers recently announced the speaker lineup for its second annual Underwriting and Collections Conference to be held Nov. 2-4, 2008 in Houston. Kenneth Shilson, conference chairman, announced that Jay Rose, national automotive trainer ... [Read More]

Auto Dealer Monthly Launches Complete Guide to Special Finance

Nick Zulovich
SARASOTA, Fla. — Auto Dealer Monthly announced that it has officially released its Complete Guide to Special Finance, written by auto retail industry trainer and consultant Greg Goebel. This new guidebook offers in-depth coverage on how to build, maintain and grow ... [Read More]

DealerTrack Adds New GAP Provider to Aftermarket Network

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Aftermarket Services announced this week that that Allstate Credit Division has joined its aftermarket network. Allstate Credit Division is an industry-leading solution for real-time aftermarket contract rating, quote generation and digital contracting. According to officials, it ... [Read More]

GDNAuto Teams Up with CreditSmarts

Nick Zulovich
ALAMO, Calif., and LOS ANGELES — Dealerships can now improve their profitability by originating more loans and turning their seasoned loans into operating capital and inventory, thanks to a partnership announced Wednesday between Global Debt Network and CreditSmarts. "This partnership extends ... [Read More]

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