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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

FICO 8 Auto Score Gains More Lender Adoption

Nick Zulovich
MINNEAPOLIS — FICO insists more vehicle lenders are synchronously migrating to the FICO 8 Auto Score — with most companies set to complete the adoption process by May. Officials indicated a number of lenders have already migrated to the FICO ... [Read More]

AutoTrakk Subprime Lease System Receives U.S. Patent Recognition

Nick Zulovich
MONTOURSVILLE, Pa. — AutoTrakk, a vehicle leasing company specializing in the subprime market, recently was granted a patent by the U.S. Patent and Trademark Office. Patent No. U.S. 7860764 B1 officially recognizes the AutoTrakk method and system for leasing vehicles ... [Read More]

CarHop Promotes $249 Down Payment Special

Nick Zulovich
EDINA, Minn. — CarHop, a buy-here, pay-here dealership group, is now advertising that its underwriters can get customers financed with as little as $249 down through the end of March. The company has stores in 11 states throughout the U.S., and ... [Read More]

FTC Launches Auto-Buying Roundtables as It Eyes Consumer Protection Under New Reform Legislation

Nick Zulovich
WASHINGTON, D.C. — Kicking off next month, the Federal Trade Commission will host roundtable discussions with dealers, financial experts and the public to explore consumer protection issues related to the sale, financing and leasing of light vehicles. Basically, federal officials ... [Read More]

Autobytel Collaborates with KBB to Offer Subprime Credit Financing

Nick Zulovich
IRVINE, Calif. — Autobytel and Kelley Blue Book extended their current relationship this week by expanding KBB's subprime auto finance offerings through Autobytel's website Car.com. The new agreement can allow Kbb.com site visitors with credit challenges and in need of ... [Read More]

GM Taps New CFO to Replace Liddell

Nick Zulovich
DETROIT — In a major leadership shift, General Motors revealed Thursday morning that vice chairman and chief financial officer Chris Liddell will step down from his post on April 1. The automaker also announced that replacing Liddell as CFO will ... [Read More]

The Work Number and DealerTrack Partner to Provide Employment and Income Verification

Nick Zulovich
ATLANTA — DealerTrack formed a partnership this week to provide lenders access to The Work Number, an automated solution for employment and income verification from Equifax. Officials explained The Work Number will be integrated into the DealerTrack Digital Document Services ... [Read More]

Honda Kicks Off Special Incentives Campaign

Nick Zulovich
CHARLOTTE, N.C. — "The Really Big Thing" is special sales event now being offered via Honda dealers and includes low cost leases and incentives. For a limited time during "The Really Big Thing Honda Lease Sales Event," the automaker is offering ... [Read More]

DBRS Details Reasons for Strong Auto ABS Market This Year

Nick Zulovich
NEW YORK — DBRS recently reviewed last year's auto ABS performance and gave reasons why this year's used-vehicle market in particular should remain relatively strong. DBRS explained that auto ABS was the largest sector by securitization volume in 2010, although ... [Read More]

Car-Mart Opens 105th Dealership

Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart expanded its dealer network to 105 stores by opening its seventh rooftop in Alabama. The newest operation is located in Anniston, Ala. "We are pleased to announce the opening of our seventh location in Alabama. ... [Read More]

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