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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 Expands into Mississippi

Nick Zulovich
BENTONVILLE, Ark.— America’s Car-Mart recently revealed its two newest dealerships, one which marks the company’s first store in Mississippi. The two new rooftops, located in Nicholasville, Ky., and Columbus, Miss., bring the company’s store count to 110. William “Hank” Henderson, ... [Read More]

Equifax Says Auto Lending One of the Most Promising Sectors Today

Nick Zulovich
ATLANTA — Rising to levels rarely seen in past three years, Equifax discovered this week that new-loan originations between January and June climbed 15 percent compared to the same period a year ago. At 1.7 million, Equifax indicated June loan ... [Read More]

J.D. Byrider Taps Successful Franchisee as COO

Nick Zulovich
CARMEL, Ind. — This week, J.D. Byrider hired one of its most successful franchisees to serve as the company's chief operating officer. As the owner of five J.D. Byrider franchise locations in Ohio and Pennsylvania, Rob Palmer now will be ... [Read More]

Leedom Group Announces Spring 2012 BHPH Convention

Nick Zulovich
SARASOTA, Fla. — Leedom Group announced that in an effort to better serve the needs of its dealer clients and the buy-here, pay-here industry as a whole, it has moved the dates of next year’s Buy-Here, Pay-Here World Convention to ... [Read More]

CPS Reveals Second Senior Subordinate Securitization of 2011

Nick Zulovich
IRVINE, Calif. — Earlier this week, Consumer Portfolio Services closed its second rated term securitization of the year. The company indicated the transaction is CPS's third senior subordinate securitization since 1993. In the transaction, officials explained qualified institutional buyers purchased ... [Read More]

myAutoloan.com Launches Interest Rate Tool

Nick Zulovich
IRVING, Texas — Online auto finance company myAutoloan.com recently revealed its newest consumer tool with the launch of its Interest Rate Estimator. The interest-rate widget aims to answer frequently asked questions consumers have about the intricacies of interest rates and credit ... [Read More]

MaximTrak Technologies and F&I Admin Unveil Partnership

Nick Zulovich
WAYNE, Pa. — Systems developer MaximTrak Technologies and software provider F&I Administration Solutions revealed they are partnering in an effort to allow dealers to electronically rate, contract and register contracts for all providers through the SCS Auto administration platform without ... [Read More]

BMW Financial Hopes to Lure Young Owners with College Grad Program

Nick Zulovich
WOODCLIFF LAKE, N.J. — As a way to hook young professionals to its brand, BMW Group Financial Services recently rolled out a new College Graduation Program that includes special incentives on certified pre-owned vehicles. The program encompasses both leases and loans and ... [Read More]

Pelican Expands Senior Management Team to Keep Pace with Growth

Nick Zulovich
CHERRY HILL, N.J. — Pelican Resource Group revealed Monday it is expanding its senior management team in an effort to keep pace with growth and fill key roles. As the subprime and buy-here, pay-here lender continues a national rollout, new ... [Read More]

CU Xpress Lease Ventures into Massachusetts

Nick Zulovich
HAUPPAUGE, N.Y. — CU Xpress Lease recently signed its first provider in Massachusetts to offer a vehicle lease program first launched back in 2007. CU Xpress Lease's first enrollee in the Bay State is IC Federal Credit Union in Fitchburg, Mass. Founded ... [Read More]

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