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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

Ally to Roll out Enhanced Lease Training at NADA Convention

Nick Zulovich
DETROIT — With the annual gathering of franchised dealers dead ahead, Ally is ramping up its lease training on the heels of more than 7,700 dealer employees going through the program a year ago. The company highlighted attendees of Ally's ... [Read More]

SFG Finance Unveils Loyalty Program & Alliance with Subprime Analytics

Nick Zulovich
ARLINGTON, Texas — Earlier today, SFG Finance launched a new loyalty program and formed an alliance with Subprime Analytics. As part of the alliance, the purchaser of paper from buy-here, pay-here finance companies, banks and credit unions indicated thousands of ... [Read More]

Open Dealer Exchange Partners with VW Credit to Launch First Two Phases of FinanceSource Dealer Program

Nick Zulovich
SOUTHFIELD, Mich. — Designed to streamline processes for Volkswagen and Audi dealers, Open Dealer Exchange today announced an integration partnership with VW Credit. The technology company for lenders, F&I product providers and dealers explained the partnership includes processing credit application ... [Read More]

AutoNation & ASEDA Fleet Join Forces on Purchasing Program for Native Americans

Nick Zulovich
DALLAS — ASEDA Fleet has partnered with AutoNation to offer affordably priced new and used vehicles for members of Native American and Alaska Native Tribes. The program, which can be accessed online, started last week in California, Alaska and Florida. ... [Read More]

Nominations Now Open for SubPrime 75

Nick Zulovich
CARY, N.C. – In what has become tradition, SubPrime Auto Finance News is looking to highlight the top companies in the industry in an upcoming issue. Whether a lender, floor planner, GPS provider or another type of vendor, the publication ... [Read More]

Ford Credit’s Full-Year Net Income Dips Slightly

Nick Zulovich
DEARBORN, Mich. — Although its net income grew in the fourth quarter, Ford Motor Credit revealed Friday that its 2011 net income softened slightly from what it compiled a year earlier. Executives reported their net income settled at $1.8 billion ... [Read More]

AFC Unveils Free Flooring for a Year Promotion

Nick Zulovich
DALLAS — While also highlighting the company's revamped website, Automotive Finance Corp. announced a new national floor planning promotion this week. During festivities at the company's official 25th anniversary celebration hosted at ADESA Dallas, AFC said it is giving away ... [Read More]

NIADA Taps New Legislative Counsel

Nick Zulovich
ARLINGTON, Texas — The National Independent Automobile Dealers Association has appointed a legislative/regulatory/compliance counsel, revealing Wednesday that Mac Murray, Peterson & Shuster LLP has taken on the role. The New Albany, Ohio, firm is headed up by Betty Montgomery, who ... [Read More]

MFS Explains Thinking Behind DSC Deal

Nick Zulovich
ATLANTA — Expanding more on the recent deal to buy Dealer Services Corp., Patrick Brennan, group vice president for Manheim Financial Services, told SubPrime Auto Finance News today that at first, dealers and clients won't see many changes. Business will remain ... [Read More]

Edmunds.com Revisits Cases of Dealers Deceiving Military Personnel

Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com revisited a discussion this week that's been on the radar of finance associations, lenders and the new Consumer Financial Protection Bureau — how members of the U.S. military are particularly vulnerable to deceptive practices by ... [Read More]

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