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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
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

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]

AutoTrader, Experian Partnership Allows Dealers to Include AutoCheck Reports with Listings

Nick Zulovich
ATLANTA — AutoTrader.com and Experian Automotive recently entered into a partnership to allow dealers to include Experian's AutoCheck vehicle history reports with their listings on AutoTrader.com. Here's how it works. Starting in September, AutoCheck-subscribing dealers will have the option of ... [Read More]

ITURAN and Finance Express Form Partnership to Benefit BHPH Dealers

Nick Zulovich
FORT LAUDERDALE, Fla. — ITURAN recently announced that its asset protection tools to buy-here, pay-here dealers and independent stores that work with a large subprime customer base now are fully integrated into Finance Express' dealer management system (FEXDMS). ITURAN's line ... [Read More]

To Celebrate 30 Years, ABCoA Launches 2 New Solutions For Dealers and Finance Companies

Nick Zulovich
JACKSONVILLE, Fla. — Advanced Business Computers of America rolled out a a new lineup of management systems for dealerships and finance companies this week. Coinciding with its 30-year anniversary, ABCoA added two new solutions to its Deal Pack product line. ... [Read More]

Ally Financial Donates to American Red Cross to Help Tornado Victims

Nick Zulovich
DETROIT — Along with an industry honor based on the amount of finance contracts and leases outstanding each year, Ally Financial announced that it's following the lead of some of its Oklahoma City dealer customers, making a $10,000 donation to ... [Read More]

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