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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

Chase: Auto Originations Climb Over 2Q, but Remain Down from Last Year

Nick Zulovich
NEW YORK — While down year-over-year, Chase revealed this week that auto loan originations were up by about 5 percent quarter-over-quarter. For the third quarter, Chase reported that auto originations came in at $6.1 billion, down 12 percent from the prior ... [Read More]

Fed: Several Auto Loan Averages Show Little August Change

Nick Zulovich
WASHINGTON, D.C. — After several months of notable changes, little movement involving the average interest rate on new-car loans at auto finance companies in August. According to the Federal Reserve's latest report, the August average edged down just marginally to 3.86 ... [Read More]

America’s Car-Mart Adds 100th Store, Offers Expansion Overview

Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart recently opened up its 100th dealership, extending its network that now stretches through eight states. Former Auburn football coach Pat Dye was on hand as part of the celebration to usher in the new store ... [Read More]

Fiserv’s Auto Loan Origination System to Integrate with Open Dealer Exchange

Nick Zulovich
BROOKFIELD, Wis. — Fiserv announced Tuesday that its Automotive Loan Origination System will integrate with Open Dealer Exchange. The inclusion of Open Dealer Exchange in Fiserv's LOS is designed to give clients an extended range of alternatives for automating the exchange ... [Read More]

Experian Taps NADA Used Car Guide to Help Lenders

Nick Zulovich
SCHAUMBURG, Ill — Experian Automotive announced Tuesday that it has chosen NADA Used Car Guide's vehicle valuation data for its AutoCount market share reporting for lenders. According to management, the accuracy of NADA's values can help retailers and lenders to better ... [Read More]

Access Capital Launches New Program for Auto Originators

Nick Zulovich
DENVER — Access Capital Investment Group recently unveiled a new acquisition program to assist auto loan originators in better managing their consumer portfolios. What ACIG believes is most unique is that this program has the flexibility to price and purchase all ... [Read More]

Another Lender Chooses Finance Express’ Online Platform

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express revealed this week that ACS Financial has come on board as another lender using the provider's Web-based financial services and technology platform. Officials noted ACS offers leasing and retail financing at prime rates to ... [Read More]

Exeter Finance Opens Two New Branches, Joins RouteOne

Nick Zulovich
IRVING, Texas — On Wednesday, Exeter Finance Corp. announced it is opening two new offices, expanding the company's branch network, in addition to joining RouteOne. The special auto finance company has now has branches in Philadelphia and Atlanta. Rather than ... [Read More]

Mercedes-Benz Financial to Provide iPads to Entire Dealer Network

Nick Zulovich
FARMINGTON HILLS, Mich. — Thanks to  a successful pilot that was launched not long after the iPad became available, Mercedes-Benz Financial announced this week that it is handing out iPads to all 355 dealers to give them instant mobile access to ... [Read More]

Consumer Bankruptcy Filings Come in 11 Percent Higher than First Three Quarters of 2009

Nick Zulovich
ALEXANDRIA, Va. — Through the first nine months of this year, the American Bankruptcy Institute revealed that U.S. consumer bankruptcy filings are 11 percent higher than during the same time span last year. According to data provided by the National Bankruptcy ... [Read More]

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