Vendor Transparency Solutions and Weltman, Weinberg & Reis Co., are hosting their final free webinar of the year for lending institutions and their contracted service providers. To help companies maintain their fulfillment of federal regulations, attorney Michael Dougherty will present a session titled, “A Year in Review. Are You on the Road to CFPB Compliance?” […] [Read More]

It’s not all fun and games for marketing technology and promotions company PERQ and its FATWIN technology. But that’s a big part of it — and it’s helping dealers break down walls. Offering dealers what is referred to as “advergaming” — in other words, blending branded advertisements into games that offer consumers incentives as well […] [Read More]

The downward impact on used values from a $1,000 cash incentive on a new car is more than three times as high as the impact from a finance incentive of the same amount. And it’s more than six times as high as the value reduction from a $1,000 lease incentive. That’s according to the latest […] [Read More]

The Costco Auto Program has shared with Auto Remarketing its top 10 most-requested certified pre-owned vehicles for November, and the list shows two brands, in particular, leading the pack by a wide margin. The Honda and Toyota brands combined for eight of the 10 spots, with Lexus and BMW each earning a spot, as well. […] [Read More]

According to CNW Research’s latest analysis, days’ supply of used vehicles and pent-up consumer demand for used models are rising in tandem. Those pent-up demand trends appear to be particularly good news for dealers since CNW president Art Spinella said “the dam is breaking.” The firm reported in latest Retail Automotive Summary that the average […] [Read More]

While staying at what analysts are calling manageable levels, TransUnion reported jumps in the auto loan delinquency rate on both a quarterly and yearly basis. TransUnion indicated the ratio of borrowers 60 days or more delinquent on their auto loans increased to 1.04 percent in the third quarter. The level marked a rise from the […] [Read More]

The J.D. Power 2013 U.S. Consumer Financing Satisfaction Study showed that those initial steps in the F&I process determine which companies score high marks with consumers and which ones do not. According to the study released on Monday, lenders that provide excellence in the servicing and onboarding experiences from the beginning of the loan or […] [Read More]

The General Motors Foundation on Tuesday announced the recipients of $2.9 million in grants for education. The grants will support 26 leading universities and partnering organizations across the U.S., through the foundation’s University/Organization Partner Program. The initiative provides funding to advance secondary education curricula in science, technology, engineering and mathematics, also known as STEM, information […] [Read More]

National Auto Care Corp., an administrator of vehicle service contract programs, said today its merger with Family First Dealer Services, a company whose core focus is on providing unique F&I product offerings, has been completed. As announced earlier this month in Auto Remarketing, NAC was selected to be the administrator of CarMark Certified, a warranty […] [Read More]

Del Mar Recovery Solutions recently chose RISC Vendor Compliance Reporting (VCR) database management software to monitor and maintain its third-party vendor compliance.  By choosing RISC VCR software, Del Mar Recovery Solutions explained that it now can efficiently manage its repossession agent network in order to maintain the industry’s highest compliance standard. Del Mar’s agent partners […] [Read More]