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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

JPMorgan Chase Subsidiary Appoints VP of Sales

Nick Zulovich
ST. JOSEPH, Mo. — Systems & Services Technologies, a subsidiary of JPMorgan Chase, recently appointed Larry Chiavaro as its vice president of sales. Prior to joining SST, the 20-year veteran of the finance industry held senior management positions at GE Capital,  ... [Read More]

AmeriCredit Announces $1 Billion Asset-Backed Securitization

Nick Zulovich
FORT WORTH, Texas — While the subprime mortgage market continues to falter, it doesn't appear to be impacting solid, subprime auto finance companies who want to tap the credit markets to support their business. An example of this is AmeriCredit, ... [Read More]

DealerTrack Updates DealWatch

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced it has added several enhancements to its DealWatch compliance product that are designed to enable dealers to electronically capture, store and manage all of a store's customer-related documents. These updates include DealWatch's new external document ... [Read More]

Compli Partners with Leading Auto Law Firm for Additional Compliance Content

Nick Zulovich
PORTLAND, Ore. — Compli announced it is launching a new effort to expand compliance content through its Dealership Compliance Management System software by aligning itself with leading industry experts who specialize in this arena. In its first step in this effort, ... [Read More]

Sonic Sells Finance Subsidiary

Nick Zulovich
CHARLOTTE, N.C. — On Monday, Sonic Automotive announced it has sold Cornerstone Acceptance Corp., its automotive finance subsidiary. Sonic said it realized cash proceeds of about $33 million from the sale. B. Scott Smith, president and chief strategic officer, reported, ... [Read More]

VantageILM Adds Director of Product Management

Nick Zulovich
PASADENA, Calif. — VantageILM, a provider of integrated lender/leasing management solutions for finance firms, banks, leasing companies and credit unions, announced late last week that it has added Shawn Keller to its management team. As director of product management, Keller ... [Read More]

Lenders, Are You Leaving Money On The Table?

Nick Zulovich
HUNT VALLEY, Md. — Sure, it takes time, money and patience to chase after primary insurance proceeds on repossessed vehicles. Sometimes it's just easier to wash your hands of it. Or is it? RecoveryPro is a specialized, affordable asset protection ... [Read More]

Cerberus’ Snow to Speak at AFSA Conference

Nick Zulovich
WASHINGTON, D.C. — John Snow, chairman of Cerberus Capital Management and former U.S. Treasury secretary, will be a key speaker at the upcoming American Financial Services Association's 12th Vehicle Finance Conference and Expo, which is slated for Feb. 6 to ... [Read More]

Walkaway USA Covers Consumer Auto Debt in Specific Circumstances

Nick Zulovich
IRVING, Texas — Walkaway USA has unveiled what it calls a one-of-a-kind vehicle return program dubbed Protection for Automotive Financing designed to cover the credit union marketplace. The program provides credit union members with protection against negative equity, allowing them ... [Read More]

Leedom Conference Exhibit Hall Sold Out

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates announced that the exhibit hall for its annual National Special Finance and Buy-Here, Pay-Here Conference has been sold out. Officials said they have created a waiting list as more space will added in the ... [Read More]

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