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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

Ally Financial Partners with the Federal Reserve Bank of Chicago for Money Smart Week

Nick Zulovich
DETROIT — Consumers in Detroit and Atlanta will have an opportunity to boost their money smarts this month with the return of Money Smart Week. Ally Financial is hosting 14 financial literacy sessions in Detroit and four sessions in Atlanta ... [Read More]

Enhanced Workforce Propels CPS to Strong Q1

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services pointed to the human capital the subprime lender added to ramp up its workforce going into the first quarter as part of the reason for a "good start to the year." This week, CPS ... [Read More]

Upcoming POADA Market Intelligence Webinar to Feature 700Credit on Compliance

Nick Zulovich
CARY, N.C. — The next free Market Intelligence Webinar from POADA is focusing on a top-of-mind subject for dealers nowadays: compliance. POADA is hosting 700Credit — a leading provider of credit reporting and compliance products and services — for this ... [Read More]

Reynolds and PAA Launch LAW Pennsylvania F&I Library of Forms

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds on Thursday announced the launch of the LAW Pennsylvania F&I Library, which offers Keystone State dealers a comprehensive catalog of standardized, legally reviewed finance and insurance documents. Officials highlighted the LAW Pennsylvania F&I Library ... [Read More]

GrooveCar Expands Exec’s Role to Include Strategic Alliances

Nick Zulovich
HAUPPAUGE, N.Y. — GrooveCar, one of the nation's largest automotive resource and buying support programs for credit unions, tapped one of its in-house executives to be vice president of strategic alliances. Taking on this newly created position is Robert O'Hara. ... [Read More]

S&P/Experian: Auto Loan Defaults Finish Flat in Q1

Nick Zulovich
NEW YORK — The S&P/Experian Consumer Credit Default Indices showed the first quarter finished flat for auto loans. According to data through March, the auto loan default rate remained flat at 1.11 percent since February. The reading also stayed even ... [Read More]

NABD: Discounted Rooms for Academy & Conference Running Out

Nick Zulovich
LAS VEGAS — As NCM Associates made plans for a special open house between the events, the National Alliance of Buy-Here Pay-Here Dealers said inventory is running out for the special block of rooms for the Dealer Academy and National ... [Read More]

Wells Fargo Highlights Record Originations

Nick Zulovich
NEW YORK and SAN FRANCISCO — At the same time Chase Auto Finance reported its first-quarter performance, Wells Fargo highlighted that auto originations hit a new record during the past quarter. Wells Fargo officials said their auto originations totaled $6.8 ... [Read More]

MBSi Unveils Program to Help Repossession Companies Comply with CFPB Regulations

Nick Zulovich
PHOENIX — MBSi Capital, the developers of the Re-Pros and iRepo repossession software suites, rolled out a new program that aims to make it easier for repossession companies to become and remain compliant with a variety of new government mandates. ... [Read More]

Fitch Publishes Updated US Auto Loan ABS Rating Criteria

Nick Zulovich
NEW YORK — Fitch Ratings recently published an updated asset-backed sector specific criteria report for U.S. auto loan ABS. The firm indicated the new report updates and replaces the prior criteria report published last April. "There have been no material ... [Read More]

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