Nick Zulovich

Raleigh

Senior Editor, SubPrime Auto Finance News and BHPH Report at Auto Remarketing Magazine

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Articles

Southeast Toyota Finance picks new president, promotes two other execs

1 week ago | autoremarketing.com | Nick Zulovich

New leadership is now in place at Southeast Toyota Finance. The captive finance company and subsidiary of JM Family Enterprises announced a trio of executive leadership changes created by the departure of Southeast Toyota Finance president Bill Shope, who retired at the end of March after 35 years with the company. Now serving as Southeast Toyota Finance president is Casey Gunnell Jr., who most recently was group vice president.
Long enters BHPH space as executive with National Lenders

1 week ago | autoremarketing.com | Nick Zulovich

A previous leader of multiple industry associations now is an executive with the National Lenders General Agency, a licensed risk manager and provider of insurance solutions for the buy-here, pay-here market. Last week, the company welcomed Tony Long as regional vice president of sales. Long served nearly a decade as executive director of the International Automotive Remarketers Alliance (IARA), where he helped expand the organization’s reach and impact.
Auto caught in crossfire of Trump optimism & sagging consumer sentiment

1 week ago | autoremarketing.com | Nick Zulovich

While President Trump has high hopes for the economic future, it might now be challenging getting vehicles delivered and contracts booked. Why? Perhaps it’s because the industry is facing plenty of consumer headwinds, including what Cox Automotive chief economist Jonathan Smoke shared on Monday.
Way.com partners with IWS to offer car-ownership benefits through credit unions

1 week ago | autoremarketing.com | Nick Zulovich

Way.com has partnered with IWS Acquisition Corp. (IWS) to distribute Way+ memberships through credit unions nationwide, helping Americans to manage the costs of vehicle ownership. According to a news release, this collaboration enables credit unions to offer Way+ as a value-added benefit, providing their members with exclusive savings on parking, car washes, gas, electric vehicle charging, and more.
CULA increases active dealer partners by 91% in 2024

1 week ago | autoremarketing.com | Nick Zulovich

It was a good year for Credit Union Leasing of America (CULA). The facilitator of indirect vehicle leasing for credit unions for more than 35 years highlighted its achievements reached in 2024, including the growth of its footprint to 27 states and increasing its number of active dealer partners by 91%.
Why credit access reached highest level in 28 months

1 week ago | autoremarketing.com | Nick Zulovich

Anecdotal conversations that Cherokee Media Group shared with Auto Intel Summit attendees last week generally indicated that dealers and lenders are not having too much trouble getting potential vehicle buyers the financing they need to take delivery. The newest Dealertrack Credit Availability Index released while industry leaders gathered in Cary, N.C., reinforced that conference dialogue.
Awards roundup: Accolades for Credit Acceptance, EFG & Western Funding

2 weeks ago | autoremarketing.com | Nick Zulovich

Credit Acceptance, EFG Companies and Western Funding all announced in recent days that they received awards associated with their operations connected to auto financing. Beginning Credit Acceptance, the company specializing in subprime auto financing said it has been named one of the 100 Best Companies to Work For by Great Place To Work and Fortune magazine in 2025. This accolade marks the 11th time Credit Acceptance has been on this list. The lender came in at No. 34, up five spots from last year.
Bloomberg launches new AI-powered tool to find answers to complex questions within company documents

2 weeks ago | autoremarketing.com | Nick Zulovich

Tariffs are creating complex situations for companies inside and outside of automotive, so Bloomberg is turning to artificial intelligence to sort through them. On Monday, Bloomberg launched AI-Powered Document Insights, which uses generative AI to make it easier for research analysts and corporate decision makers to quickly find details from a company document by asking questions in everyday conversational language.
Graviet continues three-decade corporate ascent at Mountain America Credit Union

2 weeks ago | autoremarketing.com | Nick Zulovich

Nanette Graviet began her career at Mountain America Credit Union 31 years ago as a part-time teller. Her journey with the credit union that has more than 1 million members and $20 billion in assets is continuing, as Mountain America recently promoted Graviet to be its senior vice president and chief risk officer. In her new role, the institution said Graviet will oversee governance, risk, compliance, and legal, as well as Mountain America’s risk management strategy.
Veros Credit gains strategic investment from ITOCHU International

2 weeks ago | autoremarketing.com | Nick Zulovich

With an eye toward national expansion among other growth objectives, Veros Credit on Monday announced a strategic investment from ITOCHU International, a global leader in trading and investment. According to a news release, the investment may result in ITOCHU acquiring a minority ownership stake in Veros Credit, underscoring both companies’ shared commitment to long-term growth in the automotive finance sector.