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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

VINtek Signs 3,000th Lender for Automotive Collateral Management Technology and ELT Services

Nick Zulovich
PHILADELPHIA — VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, reached a new customer milestone. The company recently signed its 3,000th ELT client. VINtek explained ELT replaces a ... [Read More]

Primeritus Financial Services Hits 500,000th Repossession Assignment

Nick Zulovich
NASHVILLE, Tenn. — After a year of multiple acquisitions, restructuring and rebranding, Primeritus Financial Services celebrated the company's 500,000th repossession assignment this week. Primeritus Financial Services chief executive officer Chuck Tapp reflected on the accomplishment and shared when he hopes ... [Read More]

GrooveCar & 100 Long Island Stores Join Forces to Promote Special Credit Union Financing Deals

Nick Zulovich
HAUPPAUGE, N.Y. — GrooveCar is gearing up for its 14th annual summer sale aimed at helping dealerships move more metal through financing underwritten by some of Long Island's largest credit unions. During this exclusive 10-day event that runs from July ... [Read More]

Ranking Senate Banking Committee Member Seeks Investigation of CFPB’s ‘Big Data’ Collection

Nick Zulovich
WASHINGTON, D.C. — How the Consumer Financial Protection Bureau is conducting its business continues to be questioned by leaders on Capitol Hill. On Tuesday, Sen. Mike Crapo requested that the Government Accountability Office (GAO) investigate what he called the "big ... [Read More]

Financing for Subprime Buyers Fuels Better-Than-Expected June Used Sales Totals

Nick Zulovich
BANDON, Ore. — The opportunity for subprime and deep subprime customers to secure financing helped the June used-vehicle sales total to climb well above CNW Research's initial expectations. CNW found June sales were up from both May and the year-ago ... [Read More]

Year-Over-Year Volume Increases Prompt SFG Finance to Bolster Executive Team

Nick Zulovich
ARLINGTON, Texas — SFG Finance, a purchaser of paper from buy-here, pay-here dealers, franchised stores, finance companies, banks and credit unions, recently added three industry veterans to its team. In light of enjoying significant year-over-year increases in volume, SFG Finance ... [Read More]

Auto Data Direct Offers Solution to New NMVTIS Requirements in Florida

Nick Zulovich
TALLAHASSEE, Fla. — Auto Data Direct pointed out that tow, storage and recovery businesses in Florida should now be encountering changes in requirements for the good faith letter process and certificate of destruction procedures based on a new law passed ... [Read More]

NABD Prepares Another Summer Boot Camp to Help All Kinds of BHPH Dealers

Nick Zulovich
MONROE, N.C. — Think you know everything possible about how to run a successful buy-here, pay-here dealership? Are you considering getting into the business and are unsure about what steps to make first? The National Alliance of Buy-Here, Pay-Here Dealers ... [Read More]

FNI’s 3-Point Breakdown of CPFB’s First Auto Finance Enforcement Action

Nick Zulovich
RALEIGH, N.C. — Last week's enforcement action by the Consumer Financial Protection Bureau against U.S. Bank and Dealers' Financial Service is pushing service providers in the vehicle financing industry to sharpen their protocols to avoid a similar fate. For example, ... [Read More]

New Start Financial Broadens Presence in Utah

Nick Zulovich
BOUNTIFUL, Utah — New Start Financial recently announced the company is launching a subprime auto financing program to all independent and franchised dealers throughout Utah. Previously, NSF was only available at two select independent dealerships. But a recent merger with ... [Read More]

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