New research from LexisNexis Risk Solutions reinforced how the use alternative data often focuses on deep subprime, subprime and near-prime consumers Last week, LexisNexis Risk Solutions unveiled the findings of its Alternative Credit Data Impact Report, a nationwide survey assessing the adoption, utilization and impact of alternative credit data for credit portfolio growth and management […] [Read More]

Equifax now is working with Narrative, a leading data collaboration platform. The firms announced a partnership last week to streamline access to and activation of unique wealth, economic and credit-based audience data from Equifax for automotive businesses. Equifax and Narrative explained the partnership is designed to give marketing and analytics teams the ability to create […] [Read More]

InformedIQ CEO Justin Wickett described the ongoing development of artificial intelligence (AI) and machine learning (ML) within the automotive space for this episode of the Auto Remarketing Podcast recorded in Dallas during the Vehicle Finance Conference hosted by the American Financial Services Association. Wickett also touched on how automotive has set the foundation for the […] [Read More]

During NADA Show 2023 in Dallas, Tanya Sanders and Cynthia Caine spent time with Cherokee Media Group senior editor Nick Zulovich for this episode of the Auto Remarketing Podcast. Sanders and Caine both discussed the impact of rising interest rates on their consumer and commercial auto customers as well as other topics in this wide-ranging […] [Read More]

In the wholesale market, prices are climbing from January, and a stronger percentage of vehicles are selling. In fact, it has been 14 years since February wholesale vehicle prices have shown this large of a sequential gain. But prices continue to come down from … [Read More]

This auction news roundup includes details about United Auto Credit's 2022 Auction of the Year Award recipient as well as the recent, robust successes of Auction Academy’s Class Group 7. To recognize “exceptional performance and dedication of the team,” United Auto Credit gave its 2022 Auction of the Year Award to DAA Las Vegas. “We […] [Read More]

A new TransUnion study found that the lease market was down almost half from 31% in January 2020 to 17% in July 2022, more than twice the decrease in auto financing over the same period.  The study also examined the behavior of 3.8 million consumers who terminated a lease between July 2021 and June 2022. […] [Read More]

Credit Union Leasing of America (CULA) president Ken Sopp and vice president of business development Mark Chandler not only reviewed the company’s record-breaking year, the executives tackled questions that’s perplexed experts for some time during this episode of the Auto Remarketing Podcast recorded during NADA Show 2023 in Dallas. Is now the time used-vehicle leasing […] [Read More]

Tony Wanderon had a busy start to 2023, highlighted by becoming CEO of APCO Holdings after it acquired National Auto Care (NAC). Wanderon spent some time during NADA Show 2023 in Dallas for this episode of the Auto Remarketing Podcast recapping how the deal came together as well as current views of the F&I market. […] [Read More]

Paul McCarthy returned for another episode of the Auto Remarketing Podcast, this time as vice president of sales, key accounts, at Protective Asset Protection. McCarthy took time during NADA Show 2023 in Dallas to share his perspectives on the current F&I landscape and why it’s important for dealers to present products before vehicle buyers are […] [Read More]