In this installment of Auto Remarketing Podcast episodes from the Auto Intel Summit, Brian Pasch leads a panel discussion that weighs in on the growing field of customer data platforms and the path forward for dealers around CDP. Joining Pasch are Mike Greer of Tealium, Jonathan Lucenay of Client Command and Atul Patel of Orbee. […] [Read More]

It’s not uncommon for consumers with softer credit scores to seek the longest contract terms possible to get a manageable monthly payment. Conversely, Experian is seeing consumers with strong credit scores ask for shorter terms to offset rising interest rates. That’s one of the highlights of Experian’s State of the Automotive Finance Market Report: Q1 […] [Read More]

The National Independent Automobile Dealers Association coined this year’s annual convention with the moniker, “Accelerate.” Troy Scheer, who is NIADA’s director of marketing and communications, explained why the association branded their largest event with this title during an episode of the Auto Remarketing Podcast. “The whole concept and thought behind Accelerate is continuing to move […] [Read More]

There is a bit of a learning curve in the world of subprime auto finance, but more dealers, franchised and independent, are entering the business and implementing subprime in an effort to serve more customers across the credit spectrum. “Non-prime is the fastest growing segment in automotive. Every dealership needs to be there,” said Andrew […] [Read More]

Prices for all of the vehicle categories in the CARFAX Used Car Index are down from a year ago, while six of the seven have shown month-over-month growth in May. But what perhaps stands out the most in CARFAX’s report — which compares used-car listing prices on CARFAX.com to those from 2022 — is the […] [Read More]

Next up on our series of podcasts from the Auto Intel Summit and NRC Spring Summit is a panel discussion featuring some of the leading auto dealers in North Carolina. The session is moderated by NCADA president Robert Glaser and features leaders from Crossroads Automotive Group, John Hiester Automotive Group and Hubert Vester Auto Group, […] [Read More]

For the second time in a week, Sunbit finalized a relationship with another service provider to help dealership customers afford vehicle repairs. On Wednesday, the point-of-sale lending technology provider announced an integration with TruVideo, a leader in video communication and artificial intelligence  for the automotive and transportation sector. Under the new integration, service customers will […] [Read More]

Spot deliveries now are back on the radar of federal regulators. The Federal Trade Commission acknowledged on Wednesday and began the request for comment process involving a petition it again received from six consumer advocates to create regulation involving what the organization deemed as “yo-yo financing.” Filing the petition were the National Association of Consumer […] [Read More]

The fight against auto-finance fraud intensified Wednesday with the latest partnership among two service providers. Aura introduced a new partnership with eLEND Solutions aimed at reducing and mitigating fraud for dealerships and their customers. The partnership means dealers will have access to enhanced authentication tools during the purchase process, as well as post-purchase identity protection […] [Read More]

OneMain Financial is being penalized by the Consumer Financial Protection Bureau (CFPB) for its infractions the regulator found associated with its personal loan business. The CFPB announced on Wednesday that OneMain — which also has a notable subprime auto finance operation — has been ordered to pay $20 million in redress and penalties for failing […] [Read More]