Nick Zulovich

Raleigh

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

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Articles

PODCAST: Cars Commerce’s Brian Kramer on harvesting service drive for valuable inventory

6 days ago | autoremarketing.com | Nick Zulovich

Brian Kramer said the dealership service drive “is like an oil reserve of valuable inventory.”During his keynote presentation at this spring’s Auto Intel Summit now available in this episode of the Auto Remarketing Podcast, the executive vice president at Cars Commerce and general manager of Accu-Trade shared recommendations for how managers can tap into that reserve. Listen to the presentation in the window below.
PODCAST: Emotional intelligence with co-CEO of Hubert Vester Automotive Group

6 days ago | autoremarketing.com | Nick Zulovich

Chris Vester wants fellow dealers to gain emotional intelligence — not just retail and service cars. In this episode of the Auto Remarketing Podcast, listen to a lunchtime conversation, presented by Vitu, from this spring’s Auto Intel Summit with the co-CEO of the Hubert Vester Automotive Group. Vester recapped his path to gaining emotional intelligence and how other dealers can follow, plus much more. Listen to the conversation in the window below.
Ranney launching new credit-reporting venture this spring

6 days ago | autoremarketing.com | Nick Zulovich

Tim Ranney is getting back into the credit-reporting business this spring. Ranney — who previously owned Clarity Services, which was purchased by Experian in 2018 — is launching Congruit Credit, an emerging national consumer credit reporting agency positioned to usher in a “new era” of credit reporting and monitoring solutions.
Merged BHPH conference draws record dealer attendance

1 week ago | autoremarketing.com | Nick Zulovich

Merging Compliance Unleashed and BHPH United together paid off for organizers and to the benefit of what they said was record-setting attendance of dealerships and other industry professionals. Nearly 500 attendees gathered at Caesars Palace in Las Vegas last month for the BHPH United Summit, which included three days of hands-on learning, networking, and real-world, real-time insight into the buy-here, pay-here marketplace.
COMMENTARY: How machines are improving dealer retail operations

1 week ago | autoremarketing.com | Nick Zulovich

As dealers face rising complexity in inventory management, pricing, and profitability, especially with the 25% tariff on imported vehicles, machine-driven technologies are stepping in as vital tools — not just to handle data, but to make better, faster business decisions.
As rates stay unchanged, headwinds build against auto retailers & financiers

1 week ago | autoremarketing.com | Nick Zulovich

In what economists said was “universally expected,” the Federal Reserve left the federal funds target rate unchanged on Wednesday. The Federal Open Market Committee (FOMC) kept that rate at a range of 4.25% to 4.50% and reiterated a deliberate approach to potentially making any changes later this year amid tariffs and other market turmoil. But dealerships have metal to move and finance companies have portfolios to fill with quality paper.
Lane watch: Auctions wrap up ‘strong’ April

1 week ago | autoremarketing.com | Nick Zulovich

Fueled in part by tariffs, Black Book summarized April since its latest installment of Market Insights covered the week that included the last day of the month. As the calendar flipped, analysts watched wholesale prices rise another 0.24% as last week’s auction conversion rate came in at 61%. “The market continued to see week-over-week increases in wholesale values, although the pace of these gains slowed last week,” Black Book said in the report released on Tuesday.
Who to Watch: Wayne Ray uses energy cultivated by family & military to make repossession industry better

1 week ago | autoremarketing.com | Nick Zulovich

EDITOR’S NOTE: This story is part of the of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media Group’s senior editors — who are significantly shaping the future of the used-car industry.
Upstart finalizes $1.2B forward-flow agreement with Fortress

1 week ago | autoremarketing.com | Nick Zulovich

Upstart, an artificial intelligence lending marketplace whose platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar “relief” loans, announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group. According to a news release, Fortress has agreed to purchase up to $1.2 billion of consumer loans originated on the Upstart platform through March 2026.
TFS revamps presence on Instagram

1 week ago | autoremarketing.com | Nick Zulovich

As the captive finance company put it: “Things are about to get reels good, reels fast.”In a move meant to help its franchised dealerships, too, Toyota Financial Services said it is “flipping the script” on auto finance storytelling with the launch of its brand-new Instagram channel, which is designed to be a fresh, immersive, and unexpected take on the digital customer experience.