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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

VantageScore Solutions Introduces Newly Constructed Credit Scoring Model

Nick Zulovich
STAMFORD, Conn. — This week, VantageScore Solutions — the company behind the VantageScore credit scoring model – rolled out its newly constructed credit scoring solution, VantageScore 3.0. The company highlighted the new model provides up to 25 percent predictive improvement ... [Read More]

More Improvements for 2013: SubPrime’s New Digital Edition

Nick Zulovich
CARY, N.C. — You might have already noticed the new look SubPrime Auto Finance News unveiled to begin this year. The graphic design team created a new look that's fresh and crisp to enhance the information and analysis you've come ... [Read More]

Nowcom and PayPros Offer Enhanced Payment Functionality in DealerCenter’s DMS

Nick Zulovich
NEWARK, Calif. — Nowcom Corp. and PayPros announced new integrated payment functionality within DealerCenter this week. Officials highlighted the payments solution from PayPros and Nowcom now can allow dealerships to run their entire operations from a single program. They explained ... [Read More]

NVLA Conference Assembles Day-Long Program Focused on LHPH

Nick Zulovich
HANOVER, Md. — With more buy-here, pay-here dealers considering leasing activity, the National Vehicle Leasing Association put together a special educational track focused on the lease-here, pay-here industry for its annual conference next month. The comprehensive day-long program on the ... [Read More]

Senate Continues CFPB Debate as CBA Discusses Agency’s Ties to Auto Lending

Nick Zulovich
WASHINGTON, D.C., and PHOENIX — Both on Capitol Hill and at the Consumer Bankers Association's annual gathering, lawmakers and lenders wanted to know how the Consumer Financial Protection Bureau is going to be led and what regulations are coming. First, ... [Read More]

Top 10 Markets for Pre-Approved Financing Utilization, Units Sold to Deep Subprime Buyers in February

Nick Zulovich
BANDON, Ore. — CNW Research pinpointed not only how many buyers obtained pre-approved vehicle financing and utilized it to purchase a used vehicle last month, but the firm also determined how many units were sold to deep subprime consumers. A ... [Read More]

CAFA’s Responsible Lending Initiative to Debut at BHPH World 2013 Convention

Nick Zulovich
SARASOTA, Fla. — The Leedom Group announced next month's BHPH World 2013 Convention will serve as the platform to launch an initiative and call to action for what's being dubbed, "BHPH Responsible Lending." Organizers highlighted this initiative was developed by ... [Read More]

GrooveCar Direct Launched as Customizable Loan Generation Tool for Credit Union Websites

Nick Zulovich
HAUPPAUGE, N.Y. – GrooveCar ramped up its efforts to help credit unions secure more auto loans with a new program called GrooveCar Direct. The company described GrooveCar Direct as a program that's "made to order" so credit unions can realize ... [Read More]

Ally Closes 2012 with Highest Share of Auto Finance Market, Responds to Stress Test Results

Nick Zulovich
DETROIT — Despite being the only financial institution to fail recent stress tests administered by the Federal Reserve to gauge ability to weather a severe recession, Ally Financial finished 2012 as the market leader for all auto financing, according to ... [Read More]

Car-Mart, CarHop Expand BHPH Store Networks

Nick Zulovich
BENTONVILLE, Ark., and EDINA, Minn. — Buy-here, pay-here dealership chains America's Car-Mart and CarHop recently made a series of additions to their store networks. By bringing on the 121st dealership into its portfolio, Car-Mart expanded its footprint in Missouri by ... [Read More]

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