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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Bernanke Willing to Revisit TALF Program to Provide More Auto Industry Relief

Thursday, Mar. 5, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — SubPrime Auto Finance News obtained a copy of a letter several members of Congress sent to Federal Reserve Board Chairman Ben Bernanke and Treasury Secretary Timothy Geithner yesterday that requests more auto industry relief from the Term Asset-Backed Securities ... [Read More]

GMAC Appoints Corporate Treasurer

Thursday, Mar. 5, 2009, 12:00 AM
Nick Zulovich
NEW  YORK — Earlier this week, GMAC Financial Services announced that it has named a corporate treasurer. Taking on the position is Jeffrey Brown, In this role, he will have responsibility for all treasury activities, including funding and balance sheet management. He ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turn Service Visits Into Sales Growth: A GM’s Checklist

Your service drive is filled with loyal customers who trust your dealership and are physically in your store, yet most...
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The Dealer’s Guide to Smarter GPS Tracking

A Buyer’s Guide for Independent Dealer, BHPH, and Auto Finance Leaders Reducing Risk, Unlocking Opportunity Independent dealers and finance companies...
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Used Car Turn Vendor Management Checklist

Vehicles touch multiple vendors before they ever hit the lot, and when approvals, communication, and invoices are scattered, delays are...
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Bankruptcies Expected to Surpass 1 Million This Year

Thursday, Mar. 5, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 29.2 percent nationwide in February from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The overall February consumer filing ... [Read More]

Prestige Financial, Wells Fargo Preferred Capital Extend Credit Relationship

Tuesday, Mar. 3, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial announced that it has established a three-year senior secured line of credit with Wells Fargo Preferred Capital. The facility will replace an existing line of credit and support ongoing financing activities.  WFPC will act both ... [Read More]

CarBiz, DSC of Indiana to Launch LHPH Program, More at NABD

Tuesday, Mar. 3, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — CarBiz and Dealer Services Corp. of Indiana have partnered to launch a Lease-Here, Pay-Here program that can provide dealers with access to $100 million in new capital. The program will be formally launched during the National Alliance of ... [Read More]

UPDATED: Fed, Treasury Kick Off Process for First Round of TALF Funding

Tuesday, Mar. 3, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Department of Treasury and the Federal Reserve Board officially announced the launch of the Term Asset-Backed Securities Loan Facility this morning, saying the program has the potential to generate up to $1 trillion of lending for businesses ... [Read More]

XpressCredit Reveals Partnership with USA Auto Loans

Tuesday, Mar. 3, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. —  XpressCredit announced its technology is now available to the USA Auto Loans network of dealers through a new partnership. USA Auto Loans specializes in connecting independent dealers with subprime and prime lenders, as well as other products that aid dealers. ... [Read More]

National Creditors Connection Adds 3 New National Account Managers

Thursday, Feb. 26, 2009, 12:00 AM
Nick Zulovich
LAKE FOREST, Calif. — National Creditors Connection Inc. recently added three new national account managers to bolster the company's operations in the Northeast, Midwest and Southeast regions of the nation.  Katie Thibodeau, Ariel Lane and Keith Rowe will work to bring ... [Read More]

Auto Financial Group Launches Good News Campaign

Thursday, Feb. 26, 2009, 12:00 AM
Nick Zulovich
HOUSTON — There is finally some good news for dealerships and credit unions thanks to a new Auto Financial Group product that allows the companies to offer customers a new financing option which insures vehicle residual values. Auto Financial Group, an online ... [Read More]

Fitch Posts Negative Outlook for Auto Finance Industry; Looks at Specific Lenders

Thursday, Feb. 26, 2009, 12:00 AM
Nick Zulovich
NEW YORK — In its latest market analysis, Fitch Ratings shared its take on what 2009 will likely bring for auto finance metrics. Getting even more specific, Fitch took a close look at how some captive and non-companies are performing to ... [Read More]

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