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Vincenzo Ciampi of iA Financial Group
Tuesday, Jun. 30, 2026, 10:53 AM
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
Monday, Jun. 29, 2026, 03:44 PM
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
Moiz Khan of Driveline Technologies
Monday, Jun. 29, 2026, 03:29 PM
During Canada’s Used Car Week, Auto Remarketing Canada senior editor Joe Overby caught up with Moiz Khan, co-founder of Driveline Technologies, to talk about the company, its growth and how it is addressing real challenges facing the automotive industry. Stay ... Listen Here

Fiserv Acquires LOS Technology from Portellus

Tuesday, May. 6, 2008, 12:00 AM
Nick Zulovich
BROOKFIELD, Wisc. — Fiserv recently announced that it has purchased the rights to the Portellus loan origination system technology in an effort to streamline the origination of its mortgage, consumer and commercial loans to one program. "This technology brings opportunities that ... [Read More]

Auto Group Develops Unique Plan to Help Customers with Payments While Also Ramping Up Business

Thursday, May. 1, 2008, 12:00 AM
Nick Zulovich
JAMAICA, N.Y. — In response to the challenging economic times, one dealer has come up with a unique solution that not only helps customers with their payments, but also drives new business into the stores. What is the idea? Nemet Auto Group, based ... [Read More]

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]

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]

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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