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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Experian Describes Leasing Activity as ‘Very Stable’

Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive discovered that new-vehicle leasing continued on a steady pace during the second quarter, coming in with a level similar to what the industry has generated outside of the worst point of the recent recession. Analysts ... [Read More]

SunTrust to Participate on RouteOne’s eContracting Platform

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced this week that SunTrust Bank is now participating on RouteOne's eContracting platform. According to data from Experian Automotive, SunTrust ranked among the top 20 auto lenders based on second quarter market share. The bank's ... [Read More]

7 Elements Vital to BHPH Success

Nick Zulovich
HOUSTON — New developments in the buy-here, pay-here industry are happening at an unprecedented pace, and new operators are entering the business in record numbers. Both new entrants and experienced operators are seeking exceptional profit opportunities in the low yielding ... [Read More]

UACC Partners with AUL

Nick Zulovich
NAPA, Calif. — California-based non-prime auto finance company United Auto Credit recently selected fellow Golden State operation AUL to be its national service contract provider, creating what top executives described as a formidable team based on the combined strength of ... [Read More]

August Bankruptcy Totals Rise 7 Percent

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute reported total bankruptcy filings in the United States for the month of August increased 7 percent compared to July, according to data provided by Epiq Systems. Officials tabulated August bankruptcy filings totaled 104,336, ... [Read More]

Reynolds Integrates DMS Products with Provider Exchange Network

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds has announced the availability of integration between the Reynolds ERA and POWER dealership management systems and the Provider Exchange Network, or PEN, which it calls a "digital pipeline" connecting F&I product providers with the ... [Read More]

TD Auto Finance Continues Significant Market Share Gains

Nick Zulovich
Experian 12.00 SCHAUMBURG, Ill. — The chart created by Experian Automotive almost couldn't contain the year-over-year growth posted by TD Auto Finance during the second quarter. TD Auto Finance's share of the overall lending market shot up by 333.6 percent ... [Read More]

Michigan Franchised Group Unveils First J.D. Byrider Location

Nick Zulovich
Experian 12.00 CARMEL, Ind. — A franchised dealer group decided to open a J.D. Byrider location to augment its Michigan operations with a buy-here, pay-here store. J.D. Byrider revealed this week that Serra Automotive rolled out the location two minutes ... [Read More]

DealerTrack Financing Tools Integrated into CarWoo Online Marketplace

Nick Zulovich
BURLINGAME, Calif.  — CarWoo and DealerTrack revealed this week that they are partnering to deliver payment calculation and credit application capabilities directly to CarWoo users. DealerTrack's PaymentDriver and FinanceDriver tools will now be directly integrated into the site's marketplace and ... [Read More]

GM Financial Details Latest Asset-Backed Securitization

Nick Zulovich
Experian 12.00 FORT WORTH, Texas — This week, General Motors Financial announced the pricing of a $1.3 billion offering of automobile receivables-backed securities through lead managers Deutsche Bank Securities, RBS and Wells Fargo Securities. The co-managers are Citigroup, Credit Suisse, ... [Read More]

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