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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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

DealerTrack Expands Integrated Services to Assist Dealers in Complying with New California Law

Nick Zulovich
TALLAHASSEE, Fla. — DealerTrack Registration and Titling Services Group now offers a new solution for California dealers so they can comply with a new state law that goes into effect beginning in July. With the passage of Assembly Bill 1215 ... [Read More]

Fitch: Strong Used-Vehicle Prices Boost 4Q Loan Performance & 2012 Outlook

Nick Zulovich
NEW YORK — Along with an upbeat forecast for this year, the latest report by Fitch Ratings showed U.S. auto loan/lease credit performance continued positive momentum during the fourth quarter. Analysts determined that strong used-vehicle prices and positive U.S. economic ... [Read More]

WP Reports Capitol Sees Auto Loan Porfolios Grow

Nick Zulovich
WASHINGTON, D.C. — According to a weekend report from The Washington Post, auto loan growth in on the rise, especially in the Capitol. The WP reported that low interest rates contributed to the uptick in top auto lender’s portfolios in ... [Read More]

J.D. Power: Leasing Remains Stable

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Though down more than 3 percentage points from an "exceptionally high" year-ago period, lease penetration rates remained steady in the near-20-percent range during February, thanks to relative stability in lease return volume and consistent incentives, according ... [Read More]

Access Capital Rebrands Its Auto Finance Company

Nick Zulovich
DENVER — Access Capital is changing the name of its auto finance company as part of a company-wide rebranding effort. CAPEX Acquisitions will now be known as AC AUTOPAY, which represents an expanded line of products and a new website ... [Read More]

RouteOne Enhances Android App

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne rolled out additional enhancements to its free Android app earlier this week. The new enrichments include the ability to forward "sent" applications to a new finance source, securely text message with supporting finance sources, get ... [Read More]

NABD Reveals Details for Annual Conference

Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers revealed late last week the details for its 14th Annual National Buy-Here, Pay-Here Conference. The conference will again be held at the Venetian/Palazzo Resort and Casino in Las Vegas, from May ... [Read More]

PenFed Extends Reduced Interest Rate Availability Through TrueCar Powered Auto Buying Program

Nick Zulovich
SANTA MONICA, Calif. and ALEXANDRIA, Va. — Pentagon Federal Credit Union, which claims to be the third largest credit union in the U.S., announced today that it will continue to offer its more than a million members a reduced interest ... [Read More]

Nova Scotia Dealers Sign Deal with TD Auto Finance

Nick Zulovich
HALIFAX, Nova Scotia — The Nova Scotia Automobile Dealers Association recently brought TD Auto Finance in as a Select Supplier for the dealer group, signing TDAF to a three-year agreement. Under the deal, TDAF will help NSADA offer value-added programs ... [Read More]

CFPB Director Stresses Pledge to Reform Debt Collection

Nick Zulovich
WASHINGTON, D.C. — Consumer Financial Protection Bureau director Richard Cordray recently reiterated a head-turning fact: currently 30 million Americans are subject to some form of third-party debt collectors. And how these collectors, as well as repo agents and recovery departments, ... [Read More]

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