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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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Valley First Credit Union Switches to VINtek ELT Services

Nick Zulovich
PHILADELPHIA — VINtek recently highlighted Valley First Credit Union selected the company as its technology provider to better manage members' vehicle titles. Valley First Credit Union is based in Modesto, Calif., and serves nearly 53,000 members through eight locations in California. ... [Read More]

ABA Finds Direct Auto Loan Delinquencies Extend Unprecedented String of Low Levels

Nick Zulovich
WASHINGTON, D.C. — Direct auto loan delinquency levels continued on an unprecedented stretch of low readings during the third quarter, according to the American Bankers Association's Consumer Credit Delinquency Bulletin. The auto loan category dropped below its previous low-water mark ... [Read More]

AFSA Vehicle Finance Conference: Time is Running Out for Discounted Bellagio Rate

Nick Zulovich
LAS VEGAS — Those planning to head to the American Financial Services Association’s 16th Annual Vehicle Finance Conference and Exposition might want to make hotel reservations this weekend, at the latest. AFSA reminded attendees this week that the Las Vegas Bellagio, the ... [Read More]

Altes Spots Potential Pitfalls of Voluntary Repossessions

Nick Zulovich
DAYTONA BEACH, Fla. — Veteran repossessor and Time Finance Adjusters executive Patrick Altes believes there has been an industry myth circulating for years about how voluntary repossessions are expected to unfold easier for both agents and lenders. However, Altes takes ... [Read More]

CARS Officially Launches Right to Cure Auction for Repossessed Units

Nick Zulovich
RALEIGH, N.C. — Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through relationships with Copart and Asset Nation. As CARS discussed previously in leading ... [Read More]

AutoCreditApproved.com Broadens Certified Dealer Network

Nick Zulovich
NASHVILLE, Tenn. — Officials from AutoCreditApproved.com, a website that connects consumers with poor credit to willing lenders, recently added a certified dealership partner in Nashville, Tenn. The site now is connected with Wholesale Inc. AutoCreditApproved.com chief executive officer Sean Bradley ... [Read More]

ABI: A Double-Digit 2011 Bankruptcy Drop Reflects Consumer, Commercial Recovery

Nick Zulovich
ALEXANDRIA, Va. — As 2011 comes to an end, a look back on the year reveals that consumers and businesses may be recovering from the credit crisis of 2008, and are likely to continue their progress this coming year. Total ... [Read More]

Welcome to SubPrime News Update Three Times a Week

Nick Zulovich
CARY, N.C. — As Cherokee Automotive Group launches our first week of e-newsletters in 2012, our readers will see some changes. With our new schedule, we are making some shifts and increasing the frequency of SubPrime News Update to three times ... [Read More]

Survey Shows Shoppers Leaning Toward Pre-Owned Luxury

Nick Zulovich
HAUPPAUGE, N.Y. —  Economic uncertainty doesn’t seem to be affecting consumer’s desires for luxury features in a car, according to loan aggregator GrooveCar. At least for those in Long Island, luxury reigns above fuel efficiency and economy, according to a ... [Read More]

CNW: December Subprime Credit Applications Jump Sharply

Nick Zulovich
BANDON, Ore. — According to the latest data from CNW Research, all credit application categories posted significant increases in December versus a year ago — especially subprime. In fact, subprime made the largest jump of the three categories CNW listed, ... [Read More]

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