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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

Legal Expert Praises CFPB Website Efficiency

Nick Zulovich
NEW YORK — Politicians and consumers are voicing their displeasure about all of the trouble with the federal website for the health insurance marketplace created by the Affordable Care Act, better known in today's headlines as Obamacare. But one legal ... [Read More]

CFPB Impact? Not Too Much Yet, for Some Retailers

Nick Zulovich
CARY, N.C. — There is no denying the sweeping changes throughout all the tentacles of the auto industry stemming from the Consumer Financial Protection Bureau's auto finance-targeted actions. But there are at least some public dealer group that say they ... [Read More]

Bill Jensen Selected as Inaugural Auto Finance Executive of the Year

Nick Zulovich
SAN DIEGO — This morning, SubPrime Auto Finance News and Auto Remarketing announced the last of a total of four honors to be handed out during Used Car Week, highlighting the inaugural winner of the Auto Finance Executive of the ... [Read More]

Lithia Explains Why Its Q3 Subprime Penetration Lagged National Level

Nick Zulovich
MEDFORD, Ore. — Lithia Motors attempted to explain why its origination level of financing to subprime customers fell below what company executives cited as the national penetration reading for the third quarter. During its quarterly conference call last week, Lithia ... [Read More]

Fitch Describes September US Auto ABS as Resilient

Nick Zulovich
NEW YORK — Fitch Ratings indicated performance of U.S. auto ABS continues to exceed expectations even in a time of the year when performance is weakest. Analysts determined annualized net losses were flat for prime auto loan ABS in September. ... [Read More]

SAS Survey: Bank Leaders Still Wary of Online Attacks

Nick Zulovich
CARY, N.C. — Sponsored by business analytics company SAS, a recent study of 250 executives from retail and commercial banks showed evolving security threats, technology limitations and simple lack of awareness make cyberrisk a daunting hurdle for today's institutions. The ... [Read More]

Black Book: Lenders Ramp Up Data Gathering as Terms & LTVs Rise

Nick Zulovich
GAINESVILLE, Ga. — Industry conferences as well as client visits and calls filled Jeff Bunch's calendar for much of the past several weeks. The vice president of Black Book Lender Solutions shared some details of what lenders are seeking nowadays ... [Read More]

NABD Offering Day Passes to Upcoming East Coast Conference

Nick Zulovich
NEW ORLEANS — The National Alliance of Buy-Here, Pay-Here Dealers is giving operators the chance to attend at least a day of its upcoming East Coast Conference, which runs from Nov. 3 through Nov. 5 at the Hyatt Regency Superdome ... [Read More]

AFSA Gives 3 Distinguished Service Awards During Annual Meeting

Nick Zulovich
WASHINGTON, D.C. — Along with installing its new chair, American Financial Services Association honored three executives during its annual meeting this week. Given AFSA's Distinguished Service Award in recognition of their significant contributions to AFSA and the consumer finance industry ... [Read More]

Ally Financial Announces 2014 TIME Dealer of the Year Nominees

Nick Zulovich
DETROIT — Ally Financial said Thursday that 57 dealers have been selected as nominees for the 2014 TIME Dealer of the Year award, which recognizes the nation's most successful dealers who also demonstrate a long-standing commitment to community service. Now ... [Read More]

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