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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

Toyota Financial Services Launches Diversity & Inclusion Bond

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE TORRANCE, Calif. — In the time leading up to Martin Luther King Jr. Day, Toyota Financial Services launched its first diversity and inclusion bond. Officials explained this new type of bond syndication ... [Read More]

Allied Finance Adjusters and RSIG Combine Forces for Annual Convention

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MANASSAS, Va., and RALEIGH, N.C. — Allied Finance Adjusters and Recovery Specialist Insurance Group announced their 2013 annual conferences will be a collaborative effort for three days of education, training, networking and ... [Read More]

Report: Santander Nears Deal to Be Chrysler’s In-House Financing Company

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE NEW YORK — The prospectus connected with a $1.25 billion offering of automobile receivables-backed securities Santander Consumer USA rolled out earlier this month showed contracts involving Dodge vehicles constituted the highest percentages ... [Read More]

Survey: Majority of Working Mothers Solely Manage Family Finances

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE WILMINGTON, Del. — Results from a recent survey showed it might be the woman in the family who can best assess if auto loan terms, especially the monthly payment, can fit into ... [Read More]

Auto Financial Group Signs 12 More Credit Unions for Balloon Loan Program

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HOUSTON — Auto Financial Group, an online provider of residual-based financing products for credit unions and banks, recently reported continued strong momentum for its DrivingSense balloon auto loan program by signing a ... [Read More]

Fiserv Acquires Open Solutions in $55M Deal

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE BROOKFIELD, Wis. — Fiserv announced earlier this week that it has acquired Open Solutions, a provider of collaborative, enterprise core account processing technology for financial institutions. Officials said the purchase price was ... [Read More]

NAF Association’s Compliance Roundtable Explains Connection Between Behavioral Economics and Vehicle Financing

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HANOVER, Md. — Executives from 20 auto lenders holding a portfolio of $200 million or less paused almost in unison when Hudson Cook's legal experts made the connection between behavioral economics and ... [Read More]

S&P/Experian: Auto Loan Defaults Stay Flat in December, Stopping 3-Month Rise

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE NEW YORK — While the composite rate of the S&P/Experian Consumer Credit Default Indices ticked up for the third consecutive month, auto loan default rates stayed flat in December, halting a rising ... [Read More]

GM Financial Rolls Out Fourth Securitization During Past 12 Months Of At Least $1B

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE FORT WORTH, Texas — For the fourth time since June of last year, General Motors Financial announced the pricing of an offering of automobile receivables-backed securities totaling at least $1 billion. The ... [Read More]

Dealertrack Hosting Free Compliance Webinar

Nick Zulovich
LAKE SUCCESS, N.Y. — Dealertrack will host a free compliance webinar to serve as a wrap-up of 2012 developments and to discuss important changes in compliance regulations dealers likely will encounter this year. The session is scheduled for 2 p.m. ... [Read More]

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