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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

France Joins Triad Financial

Nick Zulovich
HUNTINGTON BEACH , Calif. — Triad Financial Corp. recently announced that Scott France, a former AmeriCredit executive, has been named senior vice president of portfolio management. In this position, officials said France will head up Triad's efforts to optimize portfolio performance ... [Read More]

Delinquency Bulletin: Subprime Mortgage Downfall Appears Contained

Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin found that late payments for indirect auto loans were up slightly for the second quarter. These delinquencies increased to 2.77 percent from 2.73 percent. Meanwhile, direct auto loan delinquencies ... [Read More]

Part 2: What BHPH Operators Should Learn from Subprime Mortgage Crisis

Nick Zulovich
HOUSTON — About 30 days ago, I wrote an article about some of the lessons buy-here, pay-here operators should learn from the recent subprime mortgage meltdown. I received numerous comments relating to this article, and several respondents offered additional insights, which ... [Read More]

CarBiz Promotes Halloran to VP of Finance

Nick Zulovich
SARASOTA, Fla. — Carl Ritter, chief executive officer of CarBiz, recently announced the promotion of Jennifer Halloran to vice president of finance. Halloran previously served as controller for CarBiz, where she has been employed since 2000 in accounting, human resource administration ... [Read More]

NAF Association Announces Dates for Next Nonprime Conference

Nick Zulovich
HANOVER, Md. — On Monday, the National Auto Finance Association announced that its 12th Annual Non-Prime Auto Financing Conference will be held June 4 to 6 at the Renaissance Worthington Hotel in Fort Worth next year. The goal of the ... [Read More]

Wolters Kluwer Financial Services, Automotive Dealer Resources Partner

Nick Zulovich
MINNEAPOLIS — Earlier this week, Wolters Kluwer Financial Services announced that Automotive Dealer Resources will expand its product offerings with its preprinted retail sales installment contracts. Automotive Dealer Resources specializes in providing independent dealers and associations with access to a ... [Read More]

XpressCredit, SEADRA Team Up for Rent-to-Own Expansion

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced that it has joined forces with Southeast Auto Dealers Rental Association to expand services to dealers providing long-term rentals with the option to own. Officials said the company's partnership with SEADRA is designed to allow ... [Read More]

Leedom and Associates Names New Moderator

Nick Zulovich
SARASOTA, Fla. — In response to growing demand, Leedom and Associates said it has added a new twenty group moderator and consultant. The firm recently named Robert Selby as a twenty group moderator and special finance consultant. According to officials, ... [Read More]

RouteOne Recognizes Lenders

Nick Zulovich
LAS VEGAS — This week, RouteOne announced the winners of the Captive and Non-Captive 'Funder of the Year' awards in Las Vegas. For the second straight year, readers of F&I magazine (which voted for their favorites) selected GMAC and Wells Fargo ... [Read More]

New Lender Joins Finance Express

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced an addition to its platform. Joining Finance Express is Consumer Portfolio Services. CPS is a specialty finance company that provides indirect auto financing to borrowers with past credit problems, low incomes or limited ... [Read More]

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