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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

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]

DealerTrack Reveals Lineup of Best Practice Webinars This Month

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack recently revealed the lineup for several educational Webinars to be held this month. These DealerTrack University Webinars focus on best practices in the areas of mobile, leasing and compliance, the company noted. The free Webinars ... [Read More]

Huntington Helps Dealer Partners by Supporting Columbus Auto Show

Nick Zulovich
COLUMBUS, Ohio — In an effort to support its dealers partners and drive more auto loans, Huntington Bank announced it will be the presenting sponsor of the 2012 Columbus Auto Show being held March 15–18 at the Greater Columbus Convention ... [Read More]

Renovo Services Says Business Model Withstood Severe Weather

Nick Zulovich
CHICAGO — Renovo Services recently recapped how the company successfully implemented its business continuity plan as severe storms ripped through the Midwest and Southeast on March 4. Renovo chief operating officer Wes Goebel emphasized, "The recent storms in the southeastern United ... [Read More]

NADC Set for Annual Conference

Nick Zulovich
WASHINGTON, D.C.— The National Association of Dealer Counsel recently revealed the location for its 2012 Annual Member Conference. The spring event is scheduled for April 29–May 1 and will be held at Hyatt Regency Scottsdale Resort and Spa at Gainey ... [Read More]

Hanks Outlines Primeritus’ Plans

Nick Zulovich
CLINTON, Miss. — With wholesale vehicle prices continuing to be strong and financial institutions ramping up recovery efforts to leverage this condition, Phil Hanks believes he and the rest of the team at Primeritus Financial Services are “catching the industry ... [Read More]

J.D. Byrider Opens Store in Chicago Metro Area

Nick Zulovich
OAK LAWN, Ill. — Chicago-area residents with less-than-perfect credit will now have another option for purchasing used cars. Buy-here, pay-here dealership group J.D. Byrider announced it is opening a new dealership in the Oak Lawn area at 9121 Cicero Ave. ... [Read More]

Dealers Can Turn to Alternative Credit Data to Improve BHPH Underwriting

Nick Zulovich
HOUSTON — At this time of the year, buy-here, pay-here dealers are very busy selling vehicles to customers during the tax refund season. However, they often face the dilemma of selling vehicles to customers who have large down payments (from the tax ... [Read More]

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