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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

Capital One Auto Finance’s CEO Reflects on 13 Years of Full-Spectrum Growth as He Gets Set to Retire

Nick Zulovich
McLEAN, Va. — A spokesperson for Capital One Auto Finance confirmed earlier this week to SubPrime Auto Finance News that the division's top management has been shuffled, including the retirement of the division's chief executive officer, who oversaw the company's spectrum ... [Read More]

A Fiserv Founder Announces Retirement Plans

Nick Zulovich
BROOKFIELD, Wis. — Fiserv, a leading provider of information technology services to the financial industry, announced this week that one of its founders will retire Dec. 31. Norm Balthasar, Fiserv's senior executive vice president and chief operating officer, is planning to ... [Read More]

BlueSky Marketing Introduces New Lead Verification Program

Nick Zulovich
SAN RAMON, Calif. — BlueSky Marketing Group has launched its new, live auto lead verification program. The program was designed to utilize proprietary validation technology and outbound-call processes to verify auto loan applicants' purchase intent. If a customer lead is identified ... [Read More]

Forecasting Tomorrow’s Compliance and Regulatory Environment

Nick Zulovich
MINNEAPOLIS and BATON ROUGE, La. — Top executives from Wolters Kluwer Financial Services and AppOne recently looked ahead to some of the challenges that will face the indirect lending arena and dealers in 2008. When asked what the biggest regulatory and ... [Read More]

CBA Reports Data on Bankruptcy Trends

Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association recently reported results on consumer bankruptcies from the Administrative Office of the U.S. Courts. Data indicated that so far this year bankruptcies are on the upswing. According to officials, through the first three quarters ... [Read More]

Chrysler Financial Appoints Executives

Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial announced late last week it has named three new executives to the company to serve as executive vice chairman, chief financial officer and chief risk officer, respectively. Filling the position of executive vice chairman is ... [Read More]

DealerTrack Partners with EasyCare/APCO

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Aftermarket Services announced late last week that EasyCare/APCO has entered the DealerTrack Aftermarket Network. As part of this agreement, DealerTrack Aftermarket Network users can access EasyCare's features for free, officials indicated. Additionally, the company notes DealerTrack ... [Read More]

CarBiz Expands in Midwest

Nick Zulovich
SARASOTA, Fla. — CarBiz has continued to grow over the past month, as the company recently added six stores in Illinois, officials indicated. The facilities are located in East Peoria, Moline, Loves Park, Rockfor, Pekin and DeKalb, the company stated. In ... [Read More]

NowAuto Reports Challenges as it Looks to be Acquired

Nick Zulovich
TEMPE, Ariz. — NowAuto Group recently reported results for its fiscal first quarter, saying that a change from sales to leases impacted results, as some of the lease revenue is deferred. More specifically, the company indicated that it earned $1.1 million ... [Read More]

Leedom Announces Dates for BHPH Credit, Collections Conference

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates its third Buy-Here, Pay-Here Credit and Collections Conference will held May 28 to 29 in Dallas, Texas. According to Chuck Bonanno, conference chairman, the event will focus on how to underwrite successful buy-here, pay-here contracts; ... [Read More]

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