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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

SBA Relaunches Dealer Floor Plan Pilot Loan Program

Nick Zulovich
WASHINGTON, D.C. — U.S. Small Business Administration officials announced at the National Automobile Dealers Association's convention this weekend that a pilot loan program aimed at increasing access to inventory financing for auto, boat, RV and other dealerships will be relaunched Wednesday. ... [Read More]

Credit Acceptance Finishes 2010 with Strong Income Gains

Nick Zulovich
SOUTHFIELD, Mich. — A continued run of stable returns pushed Credit Acceptance Corp. to significant gains in both consolidated and adjusted net income during the fourth quarter and for all of 2010. First looking at just the fourth quarter, Credit ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Santander Launches Redesigned RoadLoans.com

Nick Zulovich
DALLAS — Announcing that consumers submitted more than 1 million online applications to RoadLoans.com last year, Santander Consumer USA launched an updated version of the website this week. The company explained this next-generation version contains an abundance of online tools geared to ... [Read More]

DealerTrack Finalizes Integration with Porsche North America

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced Thursday it completed the integration of its dealer management system with Porsche Cars North America operations and received the automaker's integrated partner certification. As a result of this integration, officials pointed out nearly 200 ... [Read More]

ABI: January Consumer Bankruptcies Drop to Lowest Level in Two Years

Nick Zulovich
ALEXANDRIA, Va. — Along with sharing poll results that feature expectations for the current fiscal year, the American Bankruptcy Institute revealed January consumer bankruptcies decreased 22 percent nationwide from December. Based on data from the National Bankruptcy Research Center, ABI ... [Read More]

Ford Credit Enjoys Profitable 2010, Expects Some Softening This Year

Nick Zulovich
DEARBORN, Mich. — Like its parent, Ford Credit posted a sizable net income gain in 2010. Company officials indicated net income last year came in at $2 billion, an improvement of $0.7 billion from Ford Credit's earnings of $1.3 billion ... [Read More]

Non-prime Boat, RV & Motorcycle Lender Adopts AppOne Platform

Nick Zulovich
BATON ROUGE, La. — A lender that provides boat, RV and motorcycle loans for customers with past credit problems recently joined Wolters Kluwer Financial Services' AppOne platform. Officials explained Merrick Bank works closely with dealers to help them retain valuable ... [Read More]

Ally Financial’s 4Q and 2010 Auto Originations Soar

Nick Zulovich
NEW YORK — Ally Financial's chief executive officer described 2010 as a "transformative" year for the company. And one of its key business segments, Global Automotive Services, showed significant growth in preliminary fourth-quarter and full-year originations in the U.S. and throughout ... [Read More]

Westlake Financial Issues Open Letter to Dealers

Nick Zulovich
LOS ANGELES — Thank you for helping to make Westlake recognized across the industry as a financial leader. We are thankful for your business and helping us grow! We are financially strong and ready to aid you in selling more vehicles and we ... [Read More]

Nicholas Financial Posts Record 3Q Revenue, Earnings

Nick Zulovich
CLEARWATER, Fla. — While Nicholas Financial disclosed earlier this month that the company could be sold, executives highlighted record net earnings and revenue figures for the third quarter. On Thursday, Nicholas Financial revealed net-earnings spikes of more than 50 percent ... [Read More]

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