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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

AFSA Leadership Meets with CFPB Director, Discusses Industry Concerns

Nick Zulovich
WASHINGTON D.C. — Several American Financial Service Association board members and staff met recently with the Consumer Financial Protection Bureau Director Richard Cordray and other senior officials to discuss some issues that directly affect the automotive industry, as well as ... [Read More]

Fitch: Stronger Performance Ahead for US Auto ABS

Nick Zulovich
NEW YORK — Despite rising delinquencies and annualized net losses for auto loan ABS in January, Fitch Ratings expects seasonal factors driven by tax refunds to benefit household finances in coming months and support lower loss rates through spring. According ... [Read More]

Dealer Services Corp. Appoints New Vice President of Customer Service

Nick Zulovich
CARMEL, Ind. — Last week, Dealer Services Corp. of Indiana promoted one of its executives to the newly created position of vice president of customer service.  Taking on the role is Randy Dohse, who previously held the position of regional ... [Read More]

DealerTrack Reports Steep Revenue Rise for 2011, Expects Growth to Continue

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings recently reported financial results for the fourth quarter and the whole of 2011, showing close to a 50-percent revenue rise this past year. And the company expects this growth to continue into 2012. For ... [Read More]

Experian: Auto Interest Rates Dip to Lowest Levels Since 2008

Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive discovered the automotive loan market showed continued improvement as the fourth quarter closed with interest rates for new and used vehicle contracts reaching the lowest levels since 2008. Experian's quarterly automotive credit analysis also showed ... [Read More]

SubPrime Auto Finance News Ventures into LinkedIn

Nick Zulovich
CARY, N.C. — Looking to mimic the great success of sister publication Auto Remarketing on LinkedIn, SubPrime Auto Finance News recently launched a group on the business social media website. Cherokee Automotive Group editor Jennifer Reed believes the platform can ... [Read More]

GSFSGroup Appoints New Director of National Sales

Nick Zulovich
HOUSTON — Gulf States Financial Services and GSFSGroup, a nationwide provider and administrator of F&I products and reinsurance structures, recently hired a new director for its national sales division. Accepting the role is Keith Cooper, who has been charged with ... [Read More]

Lithia’s Used Sales Skyrocket in Record-Income Quarter; Company Announces New CEO

Nick Zulovich
MEDFORD, Ore. — While also explaining its chief executive officer succession plan, Lithia Motors detailed results from a period that produced its best fourth-quarter net income ever in addition to used-vehicle sales that soared double digits. Specifically, the company sold ... [Read More]

NVLA to Touch on Lease-Here, Pay-Here at Annual Conference

Nick Zulovich
HANOVER, Md. — The National Vehicle Leasing Association will be holding its annual conference this spring at the Renaissance Worthington Hotel in Fort Worth, Texas. One of the highlights of the event is a day-long track designed for the lease-here, ... [Read More]

USAA Gains New CFO, Makes Other Executive Reassignments

Nick Zulovich
SAN ANTONIO — USAA, which facilitates vehicle loans and other services for military personnel and families, announced this week that Stuart Parker will become the company's chief financial officer effective immediately. The move comes following the resignation of current CFO ... [Read More]

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