As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
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Appeals Court Ruling Potentially Clouds CFPB Impact
Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Could a decision late last week by the U.S. Circuit Court of Appeals for the D.C. Circuit eventually nullify the moves by the Consumer Financial Protection Bureau since Richard Cordray became director? A former top legal counsel ... [Read More]
First Investors Completes $187M Asset-Backed Financing
Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
HOUSTON — First Investors Financial Services announced late last week that it has completed the issuance of $187 million in term asset-backed notes in a private placement transaction. The notes were issued by a wholly-owned subsidiary of the company through ... [Read More]
Resource Hub
Best Practices, Ideas, and Tools for Business
Out-of-State Titling: 12 Steps Every Title Clerk Should Follow (The Easy Way)
Out-of-state titling isn’t easy. With every state having different DMV requirements, document packets, and deadlines, it’s easy for mistakes to...
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Free Guide: How Smart Dealers Can Profit from Customer Car Insurance
Turn Customer Auto Insurance into Dealership Profit If you're not profiting from auto insurance in your dealership, now’s the time...
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Go In-House With Your Photos
Your Photo Vendor Didn’t Show Up Again? Let’s Fix That. Stop relying on vendors and start owning your inventory. This...
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The Auto Dealer’s Complete Checklist for Evaluating AI
The Auto Dealer’s Complete Checklist for Evaluating AI highlights key questions dealership leaders should ask technology partners during the selection...
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Dealer Guide: Selecting the Right Auto Logistics Partner
In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
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Case Management Made Easy: Harnessing the Power of Technology
Lenders are grappling with record-high automotive loan delinquencies, all while navigating budget constraints, staffing shortages and more. To overcome these...
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AASC Plans Industry Memorial Service for Meadows
Monday, Jan. 28, 2013, 12:00 AM
Nick Zulovich
ATLANTA — An industry memorial service is on tap next month in honor of Auto Auction Services Corp. president and chief executive officer Don Meadows, who died on Dec. 10. The event will take place at the Westin Atlanta Perimeter ... [Read More]
This Year’s Auto Refinancing Level Projected to Top 2012’s Figure of 12.6 Percent
Friday, Jan. 25, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE BANDON, Ore. — CNW Research spotted another upbeat element about the lending landscape for this year: another rise in the number of automotive finance contracts that will be refinanced. The firm determined ... [Read More]
While Lenders Gather Again to Talk Compliance, President Obama Wants Cordray to Stay Atop CFPB
Friday, Jan. 25, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HANOVER, Md., and WASHINGTON, D.C. — As auto finance companies continue to watch for new rules and regulations orchestrated and enforced by the Consumer Financial Protection Bureau, at least they know President ... [Read More]
Preferred Warranties Website Overhaul Draws Enthusiastic Response From Dealers
Friday, Jan. 25, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE ORWIGSBURG, Pa. — Preferred Warranties, a provider of extended service contracts for pre-owned vehicles, highlighted how well received its new website has been by dealers since the company launched it earlier this ... [Read More]
RISC and iRepo Partner for Key Code Procurement for Ally Financial Vendors
Friday, Jan. 25, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OCALA, Fla., and PHOENIX — Recovery Industry Services Co. and MBSi Capital Corp. recently announced they joined forces to become the sole provider of vehicle key codes within the iRepo Assignment Management ... [Read More]
KeyBanc Survey Projects Strong F&I Income for Largest Dealer Groups
Wednesday, Jan. 23, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE CLEVELAND — As the largest publicly traded dealer groups prepare to make their fourth-quarter and full-year financial statements, a KeyBanc Capital Markets' investor guidance survey gave an upbeat projection of what these ... [Read More]
Latest Advertising Fraud Case Brings Up Compliance Issues for Dealers
Wednesday, Jan. 23, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE RALEIGH, N.C. — A dealer has to be concerned with advertising regulation and rules while marketing his own vehicles, but also needs to be careful when enlisting the help of others. A ... [Read More]
vAuto Hosting Free Webinar on Finding ‘Right’ Vehicles for the ‘Right’ Price
Wednesday, Jan. 23, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OAK BROOK, Ill. — Dale Pollak and Todd Kinzle from vAuto are hosting a free webinar for used-car managers and other dealer executives aimed at helping to ease the challenge of purchasing ... [Read More]
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