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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

KeyBanc Dealer Survey: 2 Factors Push F&I Gross Profit in Q2

Nick Zulovich
CLEVELAND — While also gauging availability of credit for subprime buyers, a total of 69 percent of the respondents who participated in the Monthly Dealer Survey orchestrated by KeyBanc Capital Markets saw an increase of $50 or more in F&I ... [Read More]

Reynolds and CNCDA Complete Updates to the Reynolds LAW California F&I Library

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds recently updated the Reynolds LAW California F&I Library of documents to reflect changes in California law as well as incorporate dealer feedback. The company highlighted those updates include a new form to support electric ... [Read More]

United Auto Credit Named NIADA National Member Benefit Partner

Nick Zulovich
ARLINGTON, Texas — The National Independent Automobile Dealers Association recently named a new national member benefit partner, adding United Auto Credit, a national non-prime to near-prime indirect automotive lender. United Auto Credit programs include: —Financing for customers in open and ... [Read More]

S&P/Experian: Auto Loan Defaults Drop to New Low in June

Nick Zulovich
NEW YORK — The auto loan portion of the latest S&P/Experian Consumer Credit Default Indices dropped to the lowest level ever recorded by S&P Dow Jones Indices and Experian. In June, analysts discovered auto loan defaults dropped to 1.00 percent, ... [Read More]

Ally Introduces Online Training Center for Dealers

Nick Zulovich
DETROIT — Training dealers is nothing new to Ally Financial. That's been a huge part of the near century-long history at the company founded as General Motors Acceptance Corp. in the 1900s. But the format in which Ally teaches dealers ... [Read More]

Wisconsin-Based Finance Company Opens to Serve BHPH Dealers

Nick Zulovich
GLENDALE, Wis. — Built on a family foundation of more than 80 years in the franchised dealership business, a Wisconsin-based finance company recently opened for business to serve independent buy-here, pay-here stores, starting with $25 million in availability with a ... [Read More]

How AutoNation Views Indirect Lending Landscape

Nick Zulovich
FORT LAUDERDALE, Fla. — During the Q&A portion of AutoNation's quarterly conference call with investors on Thursday, the chairman and chief executive of the country's largest auto retailer went into great detail about his stance on indirect lending, giving some ... [Read More]

Senate Confirms Cordray to Stay as CFPB Director

Nick Zulovich
WASHINGTON, D.C. — Richard Cordray is staying as director of the Consumer Financial Protection Bureau, the agency that has been intensifying its regulation of vehicle financing since the spring. The U.S. Senate confirmed Cordray to remain at the position late ... [Read More]

Membership to RISC Compliant Agent Network Now Open

Nick Zulovich
OCALA, Fla. — Along with selecting its outside legal counsel, Recovery Industry Services Co. recently formed the RISC Compliant Agent Network (RISC CAN). RISC highlighted membership is open to any professional collateral recovery agency owner who can meet the stringent ... [Read More]

700Credit Forms Integration Partnership with Constellation Automotive Software

Nick Zulovich
TORRANCE, Calif. — 700Credit, a provider of consumer credit reporting and compliance products to more than 4,000 dealers, recently formed an integration partnership with Constellation Automotive Software. The companies explained this agreement will allow more than 1,500 dealers using Constellation ... [Read More]

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