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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

3 Retail Businesses That Offer Glimpse Toward Used-Vehicle Sales Potential

Nick Zulovich
ATLANTA — Manheim chief economist Tom Webb gave some examples of retail sectors that might give a "true sense of the psyche of many used-vehicle buyers." So what kinds of businesses should dealers and finance companies watch besides traffic to ... [Read More]

Ford Motor Credit, VW Credit Among Companies Out to Help Oklahoma Tornado Victims

Nick Zulovich
DEARBORN, Mich. — Captive finance companies, OEMs and more have the victims of the recent Oklahoma tornadoes top of mind, donating money for relief efforts and deferring payments for customers in the storms' paths. Ford Motor Credit and Lincoln Automotive ... [Read More]

Provider Exchange Network and Fidelis PPM Finish Integration to Help F&I Managers

Nick Zulovich
SOUTHFIELD, Mich. — Fidelis PPM and Provider Exchange Network (PEN), a division of Open Dealer Exchange, recently completed integration to offer dealers the ability to rate and contract for Fidelis F&I products directly through leading finance desking software for dealers. ... [Read More]

Car-Mart Gears Up for More BHPH Growth with 2 Major Initiatives

Nick Zulovich
BENTONVILLE, Ark. — Wrapping up a fiscal year that included 8-percent jumps in both retail sales and revenue, buy-here, pay-here dealership chain America's Car-Mart highlighted personnel and technology moves it's making to make the next fiscal year even better. Car-Mart ... [Read More]

NABD Focuses on 3 Themes During Annual Events

Nick Zulovich
LAS VEGAS — With the largest contingent of exhibitors ever welcoming more attending dealers than the previous year, the National Alliance of Buy-Here, Pay-Here Dealers attempted to give all operators plenty of takeaways either to establish or improve their dealerships. ... [Read More]

BMW Group Financial Services Retail and Lease Portfolio Now Exceeds 1M

Nick Zulovich
WOODCLIFF LAKE, N.J. — As BMW Group Financial Services approaches its 20th anniversary of conducting business in the United States, the captive finance arm achieved another milestone. This week, officials highlighted BMW Group Financial Services surpassed more than 1 million ... [Read More]

House Democrats Seek Clarity About CFPB’s Auto Finance Guidance

Nick Zulovich
WASHINGTON, D.C. — Legal experts and industry associations aren't the only ones raising questions about how the Consumer Financial Protection Bureau intends to regulate auto lending. Now more than a dozen members of the U.S. House Financial Services Committee are ... [Read More]

Compliance Presentations Fill NAF Association Conference Slate

Nick Zulovich
FORT WORTH, Texas — What likely is on the minds of top finance company executives isn't hard to pinpoint nowadays: Complying with an intensifying regulatory environment championed by the Consumer Financial Protection Bureau. In response, organizers of this year's NAF ... [Read More]

Fitch: 2 Factors Impact Auto ABS Improvement During Past 3 Months

Nick Zulovich
NEW YORK — Fitch Ratings noticed losses declined for its prime and subprime auto loan ABS indices for the third consecutive month. Analysts found the drops coincided with three consecutive monthly declines in the U.S. unemployment rate and lower jobless ... [Read More]

J.D. Byrider Celebrates the Retailing of 1 Million Vehicles

Nick Zulovich
CARMEL, Ind. — Buy-here, pay-here dealership chain J.D. Byrider turned its 1 millionth vehicle in company history earlier this month, celebrating the milestone for the benefit of the purchaser. The retail achievement took place at the J.D. Byrider dealership located ... [Read More]

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