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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

Global Lending Services Fills out Senior Executive Team

Nick Zulovich
ATLANTA — After the company acquired the assets of Resurgent Auto Finance back in August and secured nearly $100 million in funding from a New York-based investment firm, Global Lending Services recently bolstered its executive team — a contingent that ... [Read More]

Dealertrack to Host Free Webinar on Website Compliance

Nick Zulovich
LAKE SUCCESS, N.Y. — Coming this week is the next session in a series of webinars from Dealertrack Technologies on best practices associated with compliance. The free webinar, which will hosted by Dealertrack compliance counsel Randy Henrick, will focus on ... [Read More]

Shift Women’s Objections about Car Leasing

Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 PITTSBURGH — Women are now the fastest growing segment of new- and used-car buyers. Typically, however, women car buyers don't lease nearly as much as men.   The consensus among dealers is ... [Read More]

DealerTrack Modifies Name, Reports Q3 Financial Performance

Nick Zulovich
LAKE SUCCESS, N.Y. — What dealers have known as DealerTrack Holdings not only reported its third-quarter financial results this week, but the company changed its name. Going forward, the company is now known as Dealertrack Technologies. As far as its ... [Read More]

World Omni Financial Reveals New President to Replace Frank Armstrong

Nick Zulovich
DEERFIELD BEACH, Fla. — World Omni Financial Corp. revealed this week it has named a new president. Tapped for the position is Dan Chait, who joined World Omni in 2002 after holding senior-level positions at US Airways, AutoNation and UniCaptial ... [Read More]

J.D. Byrider Hits $1 Billion in Outstanding Retail Installment Contracts

Nick Zulovich
CARMEL, Ind. — Coinciding with the opening of its fifth buy-here, pay-here dealership in North Carolina, J.D. Byrider recently reached a new milestone: $1 billion in outstanding retail installment contracts. During the 23 years the company has been in business, ... [Read More]

AFC Targets More Floor Planning Penetration in Salvage Market and More

Nick Zulovich
CARMEL, Ind. — KAR Auction Services management reiterated a pledge this week to make Automotive Finance Corp. an even greater resource for independent dealers with intentions to expand floor planning opportunities for salvage vehicles as well as motorcycles, recreational vehicles ... [Read More]

DSC of Indiana Floors 3 Millionth Vehicle

Nick Zulovich
CARMEL, Ind. — Dealer Services Corp. of Indiana achieved another significant milestone recently by floor planning its three millionth vehicle. DSC celebrated the historic occasion by paying off the vehicle for the purchaser, which was Mouse Auto Sales and presented ... [Read More]

Ally, GrooveCar Arrange for Loan Payment Deferral within Sandy-Effected Region

Nick Zulovich
DETROIT and HAUPPAUGE, N.Y. — As well as GrooveCar, a provider of point-of-sale credit union auto lending, Ally Financial is rolling out deferred payment assistance to customers in areas affected by Superstorm Sandy. Ally said today that it will offer ... [Read More]

ABI: October Bankruptcies Jump 16 Percent

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute found total filings in the United States for October increased 16 percent compared to September. According to data provided by Epiq Systems, October bankruptcy filings totaled 101,278, up from the 87,522 filings registered ... [Read More]

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