EFG Companies president and chief executive officer John Pappanastos returned to the Auto Remarketing Podcast to elaborate about the company’s updated 2020 predictions for the retail automotive and F&I market. As the U.S. economy experiences the pandemic-driven downturn, EFG predicts ... [Read More]

The American Recovery Association (ARA) has rescheduled the North American Repossessors Summit (NARS) for the second time because of the ongoing COVID-19 pandemic. According to a message distributed this week, the NARS committee shifted its event that had been on ... [Read More]

Part of PossibleNOW’s 20-year anniversary celebration includes a donation to a well-known charity aimed helping people with little or nothing to eat. The provider of customer insights, enterprise consent and preference management solutions, and direct marketing compliance, announced it agreed ... [Read More]

An independent member of APCO Holding's board of directors now is taking on an executive role for the provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands. According to a news release, APCO Holdings ... [Read More]

The investment community is maintaining close observations on subprime auto financing. S&P Global Ratings on Monday said that its ratings on 27 classes from 20 U.S. subprime auto ABS transactions will remain on CreditWatch, where they were placed with negative ... [Read More]

National Automotive Experts and NWAN (NAE/NWAN) finalized a partnership with Ultimar this week. The companies explained the partnership allows NAE/NWAN to provide direct manufacturer access to Ultimar’s interior and exterior surface protection product technologies. NAE/NWAN said Ultimar and the entire ... [Read More]

Fintech and automated loss mitigation provider Constant rolled out an enhancement to its solution aimed at helping finance companies limit delinquencies and charge-offs as they navigate through modifications offered because of the coronavirus pandemic. The company launched AutoCare, a module ... [Read More]

Auto dealers around the country have embraced the unthinkable during the COVID-19 pandemic. They are now offering online sales. Roughly 85% of General Motors dealers were signed up to offer the manufacturer’s “Shop Click Drive” e-commerce program by May of ... [Read More]

The coronavirus pandemic certainly has disrupted so many parts of finance-company operations. But a group of seven industry organizations, including the American Financial Services Association, is urging federal lawmakers to make sure the pandemic impact doesn’t spread to one of ... [Read More]

Payix co-founders Chris Chestnut and Preston Cecil made their debut on the Auto Remarketing Podcast and shared an array of observations and anecdotes from their clients about how finance companies are handling collections during the coronavirus pandemic. Chestnut and Cecil ... [Read More]