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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

J.D. Byrider Franchise Destroyed by Tuscaloosa Tornado

Nick Zulovich
TUSCALOOSA, Ala. — J.D Byrider announced it is partnering with a Tuscaloosa, Ala., franchisee to support tornado victims and the community. Steve and Jeanne Locklear, who own a Tuscaloosa J.D Byrider location, as well as the Locklear Chysler Jeep Dodge dealership, donated $1,500 ... [Read More]

Experian Reveals Late-Model Used Financing Trends

Nick Zulovich
SCHAUMBURG, Ill. — Along with determining the top 20 lenders by market share, Experian Automotive revealed it has started to track a new piece of data for its quarterly analysis of vehicle financing. It is now taking a deeper look into used ... [Read More]

Car-Mart Avoids Inventory Pinch & Watches Revenue Climb

Nick Zulovich
BENTONVILLE, Ark. — Propelled by a 16.4-percent revenue jump during the fourth quarter, America's Car-Mart showed that it finished its 2011 fiscal year with gains in net income, its customer base and more. Car-Mart's fiscal year wrapped up on April ... [Read More]

NCM Expands Services to BHPH Dealers to Meet Growing Franchised Interest

Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates is building up its services for buy-here, pay-here dealers to support its existing clients' needs and to address the growing interest from the franchise community on the opportunities in this marketplace. The company launched ... [Read More]

Experian: Lenders Finance More Subprime Consumers in Q1

Nick Zulovich
SCHAUMBURG, Ill. — Stringent credit availability continues to thaw as Experian Automotive found the penetration of loans to subprime and deep subprime buyers rose during the first quarter. According to data released Thursday, Experian discovered the share of loans to credit-challenged ... [Read More]

Santander’s RoadLoans Expands

Nick Zulovich
DALLAS — Santander Consumer USA this week announced the expansion of its RoadLoans dealer base and media presence throughout the U.S. Through the RoadLoans network, consumers can apply for auto financing online; and after approval, they are sent with a loan ... [Read More]

SubPrime Accepting Movers & Shakers Nominations

Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News is now ramping up for its July/August edition, which will honor several of the top executives and dealers in the industry. The publication is looking to recognize top executives whether they are Buy-Here, Pay-Here ... [Read More]

CPS Pleased with 1Q Results, ‘Comeback Strategy’

Nick Zulovich
IRVINE, Calif. — By cutting operating expenses, top company leaders say Consumer Portfolio Services is executing its "comeback strategy," as it also shaved down first-quarter pretax and net losses when compared year-over-year. The company shared earlier this week that its ... [Read More]

DealerTrack’s Online Registration System Now Available in Illinois

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack recently announced it has launched its Online Registration System in Illinois, raising the amount of states where dealerships can use the electronic registration and titling solution to 13. With DealerTrack's OLRS, the company said Illinois ... [Read More]

Huntington Now Ranks Third in Terms of SBA Loans

Nick Zulovich
COLUMBUS, Ohio — Huntington has moved up one position to become the third most active U.S. Small Business Administration loan provider in the country for the first six months of its fiscal year, according to company officials.  Huntington also remains the ... [Read More]

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