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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

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]

TransUnion: Mortgage-Only Delinquent Consumers Are Less Risky

Nick Zulovich
CHICAGO — As the mortgage meltdown continues to play out throughout the country, a new study by TransUnion revealed some potentially good news for auto lenders.  The company found that consumers who were only delinquent on their mortgages tend to be ... [Read More]

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