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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

Credit Approvals for Leases Level Off in October

Nick Zulovich
CINCINNATI — Steady is as good an adjective as any to describe credit approval trends in connection to vehicle leases last month, according to data reported last week by Swapalease.com. Site officials said credit approvals came in relatively unchanged in ... [Read More]

Dealertrack Counsel Assesses Aftermath of Recent CFPB Auto Finance Forum

Nick Zulovich
LAKE SUCCESS, N.Y. — The most important takeaway Dealertrack Technologies' associate general counsel for compliance Randy Henrick gleaned from last week's Consumer Financial Protection Bureau Auto Finance Forum didn't even come from the bureau. It was a point reinforced by ... [Read More]

Latest Payment from Ally Means More than 70 Percent of US Treasury Investment Repaid

Nick Zulovich
DETROIT — With its latest move announced this week, Ally Financial said it has now repaid more than 70 percent of the investment the U.S. Treasury made in the company. Ally completed a private placement of 216,667 shares of Ally ... [Read More]

2 US District Courts Rule in Favor of Debt Collectors in Recent FDCPA Cases

Nick Zulovich
MINNEAPOLIS — ACA International, the Association of Credit and Collection Professionals, recapped why two U.S. District Courts examined messages left for consumers and third parties and found the messages were not communications under the Fair Debt Collection Practices Act. "The ... [Read More]

DriveTime: Auction Partnership with Manheim is ‘Good Fit’

Nick Zulovich
PHOENIX — On the same day it reported and discussed third-quarter earnings, DriveTime explained on its quarterly conference call why its partnership with Manheim to launch a new separate and independent wholesale auction company makes sense. Go Auto Exchange, a ... [Read More]

AFSA Aims to Provide CFPB with Thorough Dealer Participation Analysis Via New Study

Nick Zulovich
WASHINGTON, D.C. — In light of concerns expressed by the Consumer Financial Protection Bureau about the "significant risk" dealer participation poses on "pricing disparities on the basis of race, national origin, and potentially other prohibited bases," the American Financial Services ... [Read More]

S&P and Experian: Auto Defaults Halt Rise; Overall Credit Reading in ‘Good Shape’

Nick Zulovich
NEW YORK — Analysts from S&P Dow Jones Indices and Experian found that the streak of three consecutive months where auto loan defaults inched higher stopped in October by a slim margin. According to data associated with the newest the ... [Read More]

J.D. Byrider Names Award Winners at Annual Convention

Nick Zulovich
CARMEL, Ind. — Buy-here, pay-here dealership chain J.D. Byrider recently recognized winners of the company's annual awards at its November convention in New Orleans. The Franchise of the Year winners were chosen in three categories, including Single (one location), Mid ... [Read More]

Borst and Toyota Financial Services Recognized for Commitment to Advancing Women Leaders

Nick Zulovich
TORRANCE, Calif. — Although back in September, George Borst retired as president and chief executive officer of Toyota Financial Services after 16 years, the former captive finance company leader is still receiving accolades. Due to his commitment to developing strong ... [Read More]

Ally Launches Mobile App to Enhance Auto Account Management

Nick Zulovich
DETROIT — Ally Financial just launched a new mobile app designed with direct customer input to make managing auto accounts easy and convenient. The Ally Auto Mobile Pay app can offer customers the ability to check payment status and schedule ... [Read More]

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