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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

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]

Finance Express Adds Santander to Lender Portal

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Dealership financial services company Finance Express revealed this week it has entered into an agreement with Santander Consumer USA, adding the company to its lender portal. Commenting on the news, David Huber president of Finance ... [Read More]

Car-Mart Amends and Restates Loan and Security Agreement

Nick Zulovich
BENTONVILLE, Ark. — Earlier this week, buy-here, pay-here store chain America's Car-Mart revealed that it entered into an amended and restated loan and security agreement with a group of five lenders. The new agreement took effect last Friday. The company ... [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]

Wells Fargo Annual Giving Tops $200 Million for Fourth Consecutive Year

Nick Zulovich
SAN FRANCISCO — Wells Fargo & Co. recently tabulated that it invested $213.5 million in 19,000 nonprofits last year, giving more than $200 million for the fourth consecutive year. In addition, Wells Fargo said its team members increased their donations, ... [Read More]

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