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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

GM Financial Acquires Ally’s Remaining Foreign Operations

Nick Zulovich
DETROIT — As the industry prepared to depart for the Thanksgiving holiday last week, General Motors Financial announced how much cash it was getting from its parent automaker to acquire the remaining foreign operations of Ally Financial. Officials said GM ... [Read More]

Fitch: Still-Strong Wholesale Values Push US Auto ABS Losses Lower

Nick Zulovich
NEW YORK — Still-strong wholesale vehicle values resulted in yet another decline for U.S. auto ABS losses, according to the latest index results from Fitch Ratings. Analysts said October auto ABS losses also remained stable as the new model season ... [Read More]

Fed & CFPB Explain Increases in Dollar Thresholds for Exempt Consumer Credit and Lease Transactions

Nick Zulovich
WASHINGTON, D.C. — Just before Thanksgiving, the Federal Reserve Board and the Consumer Financial Protection Bureau announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions. ... [Read More]

Car-Mart’s Q2 Net Income, Revenue, Sales Dip Slightly

Nick Zulovich
BENTONVILLE, Ark. — Citing increased competition from dealers and lenders dipping deeper into the subprime customer pool as well as a comparison to a sterling performance a year ago, America's Car-Mart watched its net income, revenue and retail units sold ... [Read More]

Viewing Fiscal-Cliff Impact Through Auto-Industry Prism

Nick Zulovich
IRVINE, Calif., and SANTA MONICA, Calif. — The fiscal cliff is all the talk in Washington, D.C., since lawmakers must decide if the Bush-era tax cuts and a 2-percentage point payroll tax deduction among other elements will be extended by ... [Read More]

Leedom Gears up for BHPH Credit & Collections Conference

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates is closing out the year with one more event for training, networking and more  — the 2012 Buy-Here, Pay-Here Credit & Collections Conference. The conference that's scheduled to include skip-tracing expert Alex Price, AutoStar ... [Read More]

AIADA Chairman: Giving Thanks

Nick Zulovich
ALEXANDRIA, Va. — With Thanksgiving just around the corner, now is a good time for me to take a step back from politics and industry news, and focus instead on the larger picture. After all, dealers have a lot to ... [Read More]

DriveTime Terminates Selling Agreement with Santander

Nick Zulovich
PHOENIX — DriveTime Automotive Group sent notice to the U.S. Securities and Exchange Commission last week stating it terminated its definitive selling agreements with Santander Consumer USA. Officials indicated they made the decision about the selling agreement first reached on ... [Read More]

Suzuki Obtains Bankruptcy Court Approval to Enable Continuation of Auto Financing Programs

Nick Zulovich
BREA, Calif. — American Suzuki Motor Corp. announced last week that it received bankruptcy court approval of its agreement with Ally Financial and certain affiliates including American Suzuki Financial Services Co. The decision means support for Ally's provision of dealer ... [Read More]

eBay Motors Aligns with RoadLoans for Consumer Financing

Nick Zulovich
FORT WORTH, Texas, and SAN JOSE, Calif. — eBay Motors highlighted that it is now providing financing options for shoppers through online auto lender RoadLoans. Officials explained the new offering — pairing eBay Motors' online inventory and RoadLoan's online financing ... [Read More]

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