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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

SubPrime Auto Finance News Now Seeking Nominations

Nick Zulovich
CARY, N.C. — The staff of SubPrime Auto Finance News is once again preparing for the annual issue which features the SubPrime 75, or top companies that play a role in the auto finance marketplace. As such, the staff is now ... [Read More]

Car-Mart Broadens Presence in Alabama

Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart said Monday that it has expanded its footprint in Alabama. The group of dealerships has added a location in Prattville, Ala., which marks the eighth dealership in the state and the 106th overall. "As we have previously discussed, ... [Read More]

AFSA to Participate in FTC Vehicle Finance Roundtable

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association announced that several of its staff members will attend the first Federal Trade Commission roundtable on the Dodd-Frank Wall Street Reform and Consumer Protection Act in Detroit. The meeting will be held on ... [Read More]

BMW Financial Services Focuses on Taking F&I Offering Mobile

Nick Zulovich
WOODCLIFF LAKE, N.J. —  BMW Financial Services management believes that by removing the desk from the equation and taking specific financing elements directly to the consumer and the car, customers can reap the benefits of accuracy, immediacy and a comfortable interaction within ... [Read More]

NCM Ramps Up BHPH Offerings & Sponsors NABD Events

Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates announced that it will be a major sponsor of next month's NABD 2011 Conference and NABD Dealer Academy in Las Vegas. The conference — which is put on by the National Alliance of Buy-Here Pay-Here Dealers — ... [Read More]

Ally Files Registration for IPO & Refinances $15 Billion to Support Auto Business

Nick Zulovich
DETROIT — Ally Financial today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering. The offering will consist of common stock to be sold by the ... [Read More]

FTC Invites NAF Association President, Hudson Cook Partners to Upcoming Roundtable

Nick Zulovich
HANOVER, Md. — More auto finance experts are set to be a part of the first in a series of upcoming roundtable discussions about consumer protection and more hosted by the Federal Trade Commission. Officials have invited Tommy Moore, Jr., ... [Read More]

Prestige Financial Securitizes $222 Million Loan Portfolio

Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced it has completed its eighth rated term securitization, issuing about $221.6 in noted backed by about $225.6 in subprime auto installment receivables. Underwritten by J.P. Morgan Securities, the notes were purchased by qualified ... [Read More]

GM Financial Acquires Canadian Leasing Company

Nick Zulovich
FORT WORTH, Texas — General Motors Financial announced this morning that it has agreed to acquire FinanciaLinx Corp., one of the largest independent leasing companies in Canada. Via this deal, GM Financial plans to re-enter the country with lease offerings. While ... [Read More]

Truth in Lending, Consumer Leasing Acts Amended under Dodd-Frank

Nick Zulovich
McLEAN, Va. — After the Dodd-Frank Wall Street Reform was passed, the Fed has been tasked with two rules expanding the coverage of Regulation Z, or Truth in Lending Act, and Regulation M, the Consumer Leasing Act, to credit transactions and leases of ... [Read More]

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