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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

Appeals Court Ruling Potentially Clouds CFPB Impact

Nick Zulovich
WASHINGTON, D.C. — Could a decision late last week by the U.S. Circuit Court of Appeals for the D.C. Circuit eventually nullify the moves by the Consumer Financial Protection Bureau since Richard Cordray became director? A former top legal counsel ... [Read More]

First Investors Completes $187M Asset-Backed Financing

Nick Zulovich
HOUSTON — First Investors Financial Services announced late last week that it has completed the issuance of $187 million in term asset-backed notes in a private placement transaction. The notes were issued by a wholly-owned subsidiary of the company through ... [Read More]

AASC Plans Industry Memorial Service for Meadows

Nick Zulovich
ATLANTA — An industry memorial service is on tap next month in honor of Auto Auction Services Corp. president and chief executive officer Don Meadows, who died on Dec. 10. The event will take place at the Westin Atlanta Perimeter ... [Read More]

This Year’s Auto Refinancing Level Projected to Top 2012’s Figure of 12.6 Percent

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE BANDON, Ore. — CNW Research spotted another upbeat element about the lending landscape for this year: another rise in the number of automotive finance contracts that will be refinanced. The firm determined ... [Read More]

While Lenders Gather Again to Talk Compliance, President Obama Wants Cordray to Stay Atop CFPB

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HANOVER, Md., and WASHINGTON, D.C. — As auto finance companies continue to watch for new rules and regulations orchestrated and enforced by the Consumer Financial Protection Bureau, at least they know President ... [Read More]

Preferred Warranties Website Overhaul Draws Enthusiastic Response From Dealers

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE ORWIGSBURG, Pa. — Preferred Warranties, a provider of extended service contracts for pre-owned vehicles, highlighted how well received its new website has been by dealers since the company launched it earlier this ... [Read More]

RISC and iRepo Partner for Key Code Procurement for Ally Financial Vendors

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OCALA, Fla., and PHOENIX — Recovery Industry Services Co. and MBSi Capital Corp. recently announced they joined forces to become the sole provider of vehicle key codes within the iRepo Assignment Management ... [Read More]

KeyBanc Survey Projects Strong F&I Income for Largest Dealer Groups

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE CLEVELAND — As the largest publicly traded dealer groups prepare to make their fourth-quarter and full-year financial statements, a KeyBanc Capital Markets' investor guidance survey gave an upbeat projection of what these ... [Read More]

Latest Advertising Fraud Case Brings Up Compliance Issues for Dealers

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE RALEIGH, N.C. — A dealer has to be concerned with advertising regulation and rules while marketing his own vehicles, but also needs to be careful when enlisting the help of others. A ... [Read More]

vAuto Hosting Free Webinar on Finding ‘Right’ Vehicles for the ‘Right’ Price

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OAK BROOK, Ill. — Dale Pollak and Todd Kinzle from vAuto are hosting a free webinar for used-car managers and other dealer executives aimed at helping to ease the challenge of purchasing ... [Read More]

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