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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

Competitive Landscape Highlights Subprime Market’s Rebound

Nick Zulovich
IRVING, Texas — The subprime auto finance market certainly changed in the past 12 months. A host of factors such as pent-up demand and significant capital injections created a situation of companies reentering the subprime sector after shying away from ... [Read More]

Westlake Partner Releases Major Update to DealerCenter Website

Nick Zulovich
LOS ANGELES — Westlake Financial Services announced a major update to the DealerCenter website, which is operated by Nowcom Corp., Westlake's sister company under the Hankey Investment Group umbrella. DealerCenter is the business portal that houses Westlake's proprietary Buy Program ... [Read More]

TriStar Rolling Out New Vehicle Service Contract Geared Toward Military Customers

Nick Zulovich
MASON, Ohio — TriStar will be launching a new vehicle service contract on Jan. 3 focused on customers who serve in a branch of the U.S. military. Officials explained TriStar Freedom Guard is designed to help service members keep their ... [Read More]

J.D. Power: Finance Servicing Experience Has Bigger Impact on Lender Choice, Not Dealer Selection

Nick Zulovich
WESTLAKE VILLAGE, Calif. — While the J.D. Power and Associates 2012 Consumer Financing Satisfaction Study indicated there is a strong relationship between an exceptional vehicle loan or lease servicing experience and customer intent to use the same finance provider again, ... [Read More]

House Gives Bill Approval to Eliminate Redundant Privacy Notices

Nick Zulovich
WASHINGTON, D.C. — Captured in a measure supported by multiple banking and credit union associations, the U.S. House of Representatives last week passed legislation aimed at eliminating redundant mailings. U.S. Rep. Blaine Luetkemeyer of Missouri sponsored the Eliminate Privacy Notice ... [Read More]

Hudson Cook Adds New Partner

Nick Zulovich
HANOVER, Md. — Hudson Cook LLP recently added a new partner to its Washington, D.C. office. Joining the firm was Catharine Andricos, a former associate of the firm that management said brings significant academic and professional experience to her new ... [Read More]

AutoManager Upgrades DMS; Includes New Flooring Management Capabilities

Nick Zulovich
LOS ANGELES — AutoManger Inc. recently unveiled a new version of its dealer management software, which includes a new tool for managing flooring costs. Desk Manager 11.93 also expands on the capabilities of its predecessors with improved profit calculations and ... [Read More]

Comerica: Auto Affordability Improves in Q3

Nick Zulovich
DALLAS — Comerica Bank's newest Auto Affordability Index showed the purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the third quarter of this year. Analysts found consumers on average spent $75 less ... [Read More]

Nicholas Financial Announces Second Dividend Since Nov. 1

Nick Zulovich
CLEARWATER, Fla. — Despite a 7-percent softening of its net earnings during the second quarter of its fiscal year, Nicholas Financial announced a dividend payment to owners of common stock for the second time since the beginning of November. This ... [Read More]

Car-Mart Expands Footprint in Alabama

Nick Zulovich
BENTONVILLE, Ark. — Buy-here, pay-here dealership chain America's Car-Mart recently opened its newest store in Alabama. Joining the network as the company's 11th store in Alabama and its 118th dealership overall, Car-Mart rolled out a lot in Enterprise, Ala. "Alabama ... [Read More]

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