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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

Dealertrack Technologies Achieves New Milestone of Lender Connections

Nick Zulovich
LAKE SUCCESS, N.Y. — Dealertrack Technologies recently hit a new milestone with the number of active lenders connected to its Dealertrack Credit Application Network. Officials indicated the level now exceeds 1,300 lenders. The Dealertrack Credit Application Network, which has grown ... [Read More]

Ally Financial Pledges to Keep Working with Chrysler Dealers

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE NEW YORK — When company leadership highlighted its first-quarter performance earlier this week, Ally Financial discussed its objectives for continuing to work with Chrysler franchised dealers even though its exclusive agreement with ... [Read More]

Report: CFPB Subpoenas Lenders over F&I Products as Justice Department Ramps Up Auto Financing Investigations

Nick Zulovich
WASHINGTON, D.C. — Extended warranties and other products appear to be the next regulatory target in the F&I office, according to a report by the Wall Street Journal. The report indicated officials familiar with a Consumer Financial Protection Bureau investigation ... [Read More]

Torrey Pines Golf Outing Planned for 2013 Used Car Week; New Offerings On Tap

Nick Zulovich
CARY, N.C. — Planning on attending the Used Car Week 2013 conferences? Along with a new event focused the subprime finance industry, attendees are in for a treat, as the Used Car Week Golf Outing will be held this year ... [Read More]

After Q1 Sales Rose, DriveTime Expands Into New Market, Opening Another Georgia Store

Nick Zulovich
PHOENIX — Coming off a quarter when the company sold 2 percent more vehicles, DriveTime Automotive Group recently opened its newest store, branching deeper into Georgia. DriveTime's newest location is located at 5935 Veterans Parkway in Columbus, Ga. The company ... [Read More]

Credit Acceptance Discusses 3 Main Factors Influencing Today’s Subprime Market

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 SOUTHFIELD, Mich. — After closing a quarter when the company posted strong gains in both consolidated and adjusted net income, Credit Acceptance Corp. leaders reflected on how they arrived at those ... [Read More]

Chrysler Capital Commences Official Business Today

Nick Zulovich
DALLAS — The new private-label, full-service lending program of Santander Consumer USA and Chrysler Group officially launched today. Chrysler Capital is designed to offer a broad spectrum of financing services for Chrysler customers and dealers. Under a 10-year, private-label agreement ... [Read More]

Fitch: US Auto ABS Generates ‘Stellar’ March Performance

Nick Zulovich
NEW YORK — As expected by Fitch Ratings, U.S. auto ABS posted "stellar" seasonal results in March. Fitch indicated both losses and delinquencies declined across prime and subprime auto ABS even as used-vehicle values softened, a trend analysts are expecting ... [Read More]

MBSi Capital Unveils Mobile Application to Manage Repo Assignments in the Field

Nick Zulovich
PHOENIX — MBSi Capital, the developer of the Re-Pros and iRepo repossession software suites, rolled out what it's calling the repossession industry's first full-featured mobile application. The company highlighted the solution can enable repossession companies to manage and update assignments ... [Read More]

New York Officials Ask Credit Bureaus to Modify Sandy Victims’ Scores

Nick Zulovich
ALBANY, N.Y. — New York Gov. Andrew Cuomo is asking credit scoring and reporting bureaus to take immediate action to stop the lowering of credit scores for Superstorm Sandy victims who may be enduring storm-related financial difficulties "beyond their control." ... [Read More]

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