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SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

NAF Association Schedules 18th Annual Non-Prime Auto Financing Conference

Nick Zulovich
HANOVER, Md. — Officials from the National Automotive Finance Association set the dates for its next Non-Prime Auto Financing Conference, an event that will mark its 18th year in 2014. NAF Association's next annual event will be conducted on May ... [Read More]

DealerCentric Launches New Tool to Protect Dealers from Scammers with Fake IDs

Nick Zulovich
MISSION VIEJO, Calif. — Finance management system provider DealerCentric Solutions this week rolled out what it's calling ID Drive, a patent-pending identification scanner technology aimed at giving dealerships protection against fake IDs and identity theft. Developed in partnership with AssureTec ... [Read More]

BillingTree: How Evolving Payment Technologies Can Benefit Auto Finance Companies

Nick Zulovich
PHOENIX — Recent figures suggest that consumers are back to buying vehicles at a pre-recession pace, but their shopping and payment habits are changing with the Web now the most influential source. The consumer is now demanding different finance options ... [Read More]

Ally to Provide More Materials in Spanish as Part of Broader Minority Marketing Campaign

Nick Zulovich
DETROIT — As a part of Ally Financial's "Success Stories" campaign, which celebrates the dealers and their leadership in the communities they serve, the company is ramping up its efforts to provide brochures and other documents in both English and ... [Read More]

CAR Financial Services Opens New Office in St. Louis, More to Come

Nick Zulovich
ATLANTA — CAR Financial Services opened a new office in St. Louis, marking its 17th domestic office plus two international locations. CAR president Rick Potter highlighted expansion plans are in full gear and more offices are set to open later ... [Read More]

ABI: July Bankruptcy Filings Drop 10 Percent

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute indicated total bankruptcy filings in the United States for July decreased 10 percent compared to the previous year, keeping the pace at the lowest rate the industry has seen in five years. According ... [Read More]

Credit Acceptance Keeping Close Watch on CFPB Developments

Nick Zulovich
SOUTHFIELD, Mich. — As company executives highlighted how much financing volume moved into its second quarter because of delayed federal income tax refunds, Credit Acceptance Corp. also discussed the impact the Consumer Financial Protection Bureau is having on its business. ... [Read More]

NABD: The Critical Decisions That Bring BHPH Success

Nick Zulovich
HOUSTON — Ken Shilson, the president of the National Alliance of Buy-Here, Pay-Here Dealers, wants both new and experienced operators to be able to do at least one thing very well, no matter if they sell one vehicle a month ... [Read More]

Fitch: Slight Loss Increase No Deterrent for Strong US Auto ABS Performance

Nick Zulovich
NEW YORK — Despite a slight uptick in loss rates in June, Fitch Ratings insisted U.S. auto loan ABS asset performance continues to be solid with historically low delinquency rates and loss rates at or near record low. Analysts explained ... [Read More]

NextGear Capital Appoints VP of Operations & Business Development

Nick Zulovich
CARMEL, Ind. — NextGear Capital announced a new vice president of operations and business development last week. Named to the role was Peter Grupposo, who will head up the company's market portfolio strategies and field operational structure. He will be ... [Read More]

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