DRN president Jeremiah Wheeler appeared on the Auto Remarketing Podcast this week to continue the intensifying dialogue about license plate recognition technology.
Wheeler elaborated about the company’s response to assertions made by the American Recovery Association and what he hopes the future holds for repossession agents, finance companies, forwarders and other recovery industry service providers.
While leadership has changed at both the Consumer Financial Protection Bureau and the Federal Trade Commission, Allied Solutions suggested that auto-finance companies stay vigilant about compliance, especially with complex activities like ancillary product refunds.
In this special sponsored episode of the Auto Remarketing Podcast, two executives from Allied Solutions’ deep roster of experts — John Elias and Peter Krall — recapped what’s happened on the regulatory front and how auto-finance leaders can stay ahead of this shifting landscape.
Most Canadians who purchase a vehicle need financing. A trio of industry executives described the current financing landscape during this year’s Canada’s Used Car Week.
For this episode of the Auto Remarketing Podcast, we take you back to Toronto for a conference panel discussion focused on the state of auto finance in Canada. The panel included:
—Stephanie Lamb of CIBC
—Ilja Troitschanski of Axis Auto Finance
—Dave Fowler of TD Auto Finance
LGM Financial Services executive vice president of marketing Jeff Schulz acknowledged more Canadians are seeking digital paths toward acquiring their next vehicle.
During this episode of the Auto Remarketing Podcast recorded during Canada’s Used Car Week in Toronto, Schulz highlighted how the F&I is responding and what might be on the horizon in connection with artificial intelligence and other technologies.
J.D. Power’s Mike Buckingham not only was part of the expert speaking faculty at Canada’s Used Car Week, but he also spent time at this year’s event in Toronto for the Auto Remarketing Podcast.
Buckingham described some of the primary differences between the U.S. and Canadian finance markets as well as some ingredients that could help dealers and lenders for the rest of the year and beyond.
Digital auditing is now enabling floorplan and wholesale finance companies to “self-audit” physical auto and equipment inventory, leveraging artificial intelligence, machine learning and API integration.
At this year’s Auto Intel Summit + National Remarketing Conference presented by SmartAuction in Cary, N.C.., Marguerite Watanabe of Connections Insights moderated a panel discussion about how these digital audits are progressing, asking for perspectives from a trio of industry executives, including:
—Jeff Bunch of Sopra Banking Software
—Erica Novick of ACV Auctions
—Paul Kramarz of Automotive Finance Corp.
A quartet of industry experts from EY were straightforward with attendees at this year’s Auto Intel Summit + National Remarketing Conference presented by SmartAuction in Cary, N.C.
Innovate or else.
During this episode of the Auto Remarketing Podcast, listen to a panel discussion when the EY experts — Courtney Dusseau, Katie Johar, Bryan Chance and Dan Rocklein — explore how direct-to-consumer auto sales and the future of financing presents new opportunities for business leaders to develop robust strategies and foster key partnerships in order to compete.
Credit Acceptance chief marketing and product officer Andrew Rostami made his first appearance on the Auto Remarketing Podcast, sharing numerous perspectives about the non-prime and subprime portions of the auto-finance market. Rostami also highlighted the keys for success for Credit Acceptance and the entire industry for the remainder of the year and beyond.
Talking about blockchain gets Brad Smith excited about its significant potential in automotive and elsewhere in financial services. The vice president of product management at Experian explained his reasons during this episode of the Auto Remarketing Podcast recorded at this year’s Auto Intel Summit+National Remarketing Conference in Cary, N.C.
PayNearMe executive vice president and chief marketing officer Anne Hay went through some of the highlights of the latest company study on repayments and consumer preferences for online and other alternative methods. During this episode of the Auto Remarketing Podcast, Hay also addressed a question she said she gets regularly about whether traditional cash payments will ever go away.
