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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

Toyota Financial Services Unveils New Excess Wear & Use Protection Plan

Nick Zulovich
TORRANCE, Calif. — Geared to provide added assurance and enhance the lease experience for their customers, Toyota Financial Services and Lexus Financial Services this week rolled out the Excess Wear & Use Protection Plan, the newest product to join the ... [Read More]

CARS Unveils Free Open-Source IBEAM Portal

Nick Zulovich
RALEIGH, N.C. — Consolidated Asset Recovery Systems launched a new open-source, freeware version of its IBEAM Web portal to the agent and lender community. The company highlighted this new version of IBEAM — available after April 15 — will be ... [Read More]

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]

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