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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Obama Touts Ally’s Choice to Make FICO Scores Available to Auto Customers

President-Obama at Ford plant for SPN
SubPrime Auto Finance News Staff
President Obama highlighted the move made by Ally Financial on Monday to offer its auto finance customers free access to their FICO score as a means to better understand their credit health. Obama mentioned the development during an event at ... [Read More]

Why Webb Is So High On Current State of Financing

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Nick Zulovich, Editor
The availability of financing coupled with family budget influencers such as softening gas prices prompted Manheim chief economist Tom Webb to say the following about the auto finance landscape — especially in relation to the subprime segment: “It doesn’t get ... [Read More]

Shaw Integrates DRN’s Data to Enhance Collections

business man with tablet
SubPrime Auto Finance News Staff
Digital Recognition Network (DRN) and Shaw Systems Associates announced on Monday that Shaw will be embedding DRN’s location data and scoring analytics into its collections software platform. Officials highlighted DRN’s data and analytics will allow Shaw to address collections issues ... [Read More]

RoadVantage Rolls Out CFPB Compliance Solution

puzzle piece white and green
SubPrime Auto Finance News Staff
Along with revamping its tire-and-wheel coverage plan, F&I program provider RoadVantage recently unveiled a Web-based compliance management system (CMS) that can help dealers ensure their practices are compliant with standards set by the Consumer Financial Protection Bureau. RoadVantage explained that ... [Read More]

Protecting Dealers from Cybercrimes & Data Hacks

car buy button
SubPrime Auto Finance News Staff
Automotive Compliance Consultants contends dealerships run the same risks as do national merchandisers such as Target and Home Depot that have been struck by hackers in recent months. Because cybercrimes are on the increase, Automotive Compliance Consultants and cyber-security partner ... [Read More]

Prestige President Takes Additional Role at Total Auto Care

boardroom chairs at table
SubPrime Auto Finance News Staff
The Larry H. Miller Group of Companies announced recently that Bryan Henrie, currently the president of Prestige Financial Services Inc., has now been named the president of Total Care Auto, effective immediately. “Bryant has worked for the LHM Group for ... [Read More]

GWC Warranty Partners with NIADA

handshake
SubPrime Auto Finance News Staff
GWC Warranty announced  that it has aligned with the National Independent Automobile Dealers Association as a bronze-level national corporate partner. “GWC has exemplified its commitment to being an innovation leader in ensuring independent auto dealers are relevant, profitable, compliant and ... [Read More]

5th Straight Year of Bankruptcy Declines

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SubPrime Auto Finance News Staff
Total bankruptcy filings were down 12 percent in 2014, making it five straight years of decreases, and commercial filings showed a particularly steep slowdown. That’s according to Epic Systems, Inc. data cited by ABI this week. And here’s the kicker: for ... [Read More]

AFC Promotes Keadle to Senior VP of Operations

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SubPrime Auto Finance News Staff
Automotive Finance Corp. promoted Joe Keadle to senior vice president of operations on Wednesday. The business unit of KAR Auction Services indicated Keadle will report directly to John Hammer, AFC chief executive officer and president. In his new role, Keadle ... [Read More]

defi SOLUTIONS Integrates with Dealertrack’s eDocs

integration button
SubPrime Auto Finance News Staff
Officials from defi SOLUTIONS announced this week that their Loan Origination System (LOS) is now integrated with Dealertrack Technologies’ eDocs Solution. Dealertrack recapped that its eDocs Solution is a comprehensive tool for scanning, processing, imaging, data entry, verification and automatic ... [Read More]

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