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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
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

TrueCar Names Dealer Development VP

Nick Zulovich
SANTA MONICA, Calif. — TrueCar revealed a new vice president of dealer development late last week, and appointed to the position was Ken Potter. His responsibilities in the new role include managing field sales and inside account management teams, as well ... [Read More]

Equifax: Lending Continues to Improve, Subprime Borrowers Gaining Share

Nick Zulovich
ATLANTA — Subprime origination growth continued across all lending sectors this past year, according to recent U.S. consumer data from Equifax's March National Consumer Credit Trends Report and CreditForecast.com. And auto finance loan amounts have risen to levels not seen in ... [Read More]

CUDL White Paper Focuses on ‘Keys’ to Successful Indirect Lending

Nick Zulovich
ONTARIO, Calif. — CUDL recently released a new white paper that focuses on the “keys” to successful credit union indirect auto lending programs. The white paper, titled  “'Successful Indirect Auto Lending Programs Build on Credit Union Strengths in Relationship and ... [Read More]

TransUnion: Consumers Are Paying Auto Loans Before Other Credit Bills

Nick Zulovich
CHICAGO — In order of credit importance in consumers' eyes, TransUnion discovered this week that an auto loan ranks No. 1. TransUnion recently updated a study that found in 2011 consumers were more likely to pay their auto loans before their ... [Read More]

Edmunds.com: Loosening Credit and Rising Gas Prices Bring Shoppers Back to Lots

Nick Zulovich
SANTA MONICA, Calif. — As credit loosens, confidence in the economy improves and gas prices climb, consumers are heading back to the lots, according to the sales forecast from Edmunds.com.  As these factors drive rising auto sales, analysts contend that after ... [Read More]

SAFCo Expands into New Midwest Markets

Nick Zulovich
FORT LAUDERDALE, Fla. — Subprime lender Southern Auto Finance Co. revealed this week it is expanding into new markets in the Midwest. Now servicing more than 2,000 automobile dealerships in nine states, SAFCo announced its services are now available in the Illinois, Indiana, Michigan ... [Read More]

SFG Finance Taps Former Regional Acceptance Exec for VP Position

Nick Zulovich
ARLINGTON, Texas — Earlier this week, SFG Finance, a purchaser of auto paper from buy-here, pay-here dealers, franchised stores, finance companies, banks and credit unions, revealed its new senior vice president and manager of portfolio acquisitions. Tapped for the role ... [Read More]

Auto Remarketing Canada Conference Presented by CarProof Offers Dealers Chance to Learn About BHPH

Nick Zulovich
TORONTO — It may not yet have a Canadian stronghold, but Mark Dubois envisions the potential for the buy-here, pay-here financing business in Canada. And he’s reaching out to the country’s dealers at a grassroots level during this year’s Auto ... [Read More]

First Niagara Establishes Auto Lending Business Through Dealers in Nine States

Nick Zulovich
BUFFALO, N.Y. — First Niagara Financial Group entered the indirect auto lending business today, providing what the company says is a variety of vehicle financing options through dealerships across the Northeast. Executives indicated the new program is immediately available in ... [Read More]

ProconGPS Completes Merger, Unveils New Name

Nick Zulovich
KNOXVILLE, Tenn, — Stemming from a merger with two other companies, mobile resource management solutions provider ProconGPS announced its new corporate name last week. It officially was launched during a special ribbon-cutting event Saturday at its new technology center, and ... [Read More]

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