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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

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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