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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

APCO Holdings acquires Strategic Diversified to boost F&I presence in the Mid-Atlantic region

APCO for web
SubPrime Auto Finance News Staff
Acquisitions in the F&I space are starting to intensify just like what’s been happening in the dealership sector for some time now. On Tuesday, APCO Holdings — home to the EasyCare, GWC Warranty and MemberCare brands — announced that it ... [Read More]

PODCAST: Davis+Gilbert’s Joseph Cioffi on vehicle-titling challenges

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SubPrime Auto Finance News Staff
Joseph Cioffi, partner at Davis+Gilbert and orchestrator of the Credit Chronometer, returned for another episode of the Auto Remarketing Podcast; this time recorded in person during the Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association. Cioffi and ... [Read More]

WalletHub: 87M vehicle shoppers on the hunt this Labor Day weekend

wallethub labor day image for web
SubPrime Auto Finance News Staff
According to a nationally representative survey conducted by personal finance website WalletHub, 87 million Americans will look at vehicles to buy this Labor Day weekend. And WalletHub’s 2021 Labor Day Weekend Survey showed that the top two considerations potential buyers ... [Read More]

Location Services exits direct recoveries to focus on forwarding & LPR business lines

location services for web
SubPrime Auto Finance News Staff
COVID-19 is prompting Location Services to make significant changes. After being impacted by the pandemic, the company announced on Thursday that it has made the decision to exit the direct recovery space and focus on building its existing forwarding model, ... [Read More]

Credit Acceptance becomes 5th finance company to settle with Massachusetts AG

legal analysis
SubPrime Auto Finance News Staff
Both a large subprime auto finance company and a state attorney general seemed pleased to announce a settlement between them that is involving more than $27 million. On Wednesday, Credit Acceptance became the fifth different finance company to finalize a ... [Read More]

Stellantis to acquire First Investors to build new captive

merger and acqusition red greeen and white
SubPrime Auto Finance News Staff
General Motors acquired AmeriCredit 11 years ago in a move that eventually led the formation of its new captive finance company at GM Financial. Another domestic OEM is on the same path. On Wednesday, Stellantis announced it has entered into ... [Read More]

Tekion & 700Credit form product alliance to boost DMS capabilities with credit info

cloud computing
SubPrime Auto Finance News Staff
This week, 700Credit announced a product alliance with Tekion and its Automotive Retail Cloud (ARC). Executives explained the new alliance will provide Tekion dealers with seamless access to 700Credit’s credit report and compliance platform, optimizing the sales process and providing ... [Read More]

CreditMiner integrates Equifax pre-screen technology into API solutions for finance companies & dealerships

online auto financing
SubPrime Auto Finance News Staff
CreditMiner announced this week it’s now offering soft-pull pre-screen technology from Equifax as part of the CreditMiner API solution suite. The company explained this integration is designed to help auto finance companies and dealers provide real-time pre-approvals to consumers who are ... [Read More]

PODCAST: Why some Q2 auto-finance data resembles pre-pandemic trends

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SubPrime Auto Finance News Staff
Experian senior director of automotive financial solutions Melinda Zabritski returned for another episode of the Auto Remarketing Podcast to explain some similarities between second-quarter data and trends analysts noticed before the pandemic. Zabritski also tackled a hypothetical scenario of a ... [Read More]

National Auto Care acquires 5 more F&I agencies

acquisition
SubPrime Auto Finance News Staff
Last month, National Auto Care (NAC) reinforced its executive team to prep for mergers and acquisitions. On Tuesday, NAC showed why as senior vice president of mergers & acquisitions Courtney Hoffman announced acquisitions of five Midwest and West Coast agencies ... [Read More]

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