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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

Pollak: Delving into BHPH Dealer World Not Easy

Nick Zulovich
OAK BROOK, Ill. — A veteran dealer posed a scenario to vAuto's Dale Pollak recently about getting into the buy-here, pay-here side of the business while maintaining a typical used-vehicle dealership at the same location. Despite a well-researched plan, Pollak recommended ... [Read More]

PassTime Says New Embedded SIM to be Contained Within Flagship GPS Device

Nick Zulovich
LITTLETON, Colo. — PassTime announced recently that it has become the first in the buy-here, pay-here vehicle telematics industry to utilize an embedded subscriber identity module (SIM) in its flagship solution application. Executives said the PassTime Elite Product Line will soon ... [Read More]

Customers’ Economic Troubles Hurt NowAuto’s Fiscal Year Revenue

Nick Zulovich
PHOENIX — Because of slowing sales due to economic struggles of its primary customer base, NowAuto Group revealed decreased revenues at the close of its fiscal year. The company calculated that its revenue totaled $5.1 million, resulting in a net loss ... [Read More]

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]

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]

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