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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

AmeriCredit’s CEO Describes Surviving the Downturn

Nick Zulovich
FORT WORTH, Texas — At the recent Below-Prime Credit Auto Financing Conference, Dan Berce, president and chief executive officer of AmeriCredit, described how his company survived what many have called another "Great Depression." AmeriCredit's management team started to see the capital ... [Read More]

Will N.Y. State Regulation Drive Auto Loan ABS Away?

Nick Zulovich
NEW YORK — According to DBRS, the New York State Assembly has proposed a new bill called the Vehicle Lienholder Accountability Act, which company officials say could limit auto loan asset-back securities issuers from including receivables originated in that state in ... [Read More]

iMETRIK to Hold Free Webinar about GPS/SID Evaluation

Nick Zulovich
MONTREAL, Quebec — iMETRIK Solutions, a provider of embedded wireless solutions for the buy-here, pay-here dealer industry, is orchestrating a free Webinar meant to help store management more effectively evaluate GPS and starter-interrupt device technology. Organizers plan to share a checklist ... [Read More]

Experian Shares Latest Auto Loan Trends, Top Lenders

Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive reviewed first-quarter data regarding open auto loans and found the better the credit standing, the more growth there has been as compared to the first quarter of 2009. In fact, Experian indicated the only growth came ... [Read More]

NABD Unveils Specifics on Annual Underwriting, Collections Conference

Nick Zulovich
HOUSTON, Texas — The National Alliance of Buy-Here, Pay-Here Dealers recently announced that it will hold its Fourth Annual Underwriting & Collections Conference at a new venue in Dallas on Nov. 7-9, 2010. More than 500 people are expected to attend this ... [Read More]

Chevrolet, USAA Tally 2009 Total Consumer Discount Value

Nick Zulovich
DETROIT — Chevrolet and USAA, a financial services provider for the military community, recently tabulated the discount total toward vehicle purchases they provided to troops and their families in 2009. All together, these companies distributed more than 21,000 discounts, compiling a ... [Read More]

TSi Auto Solutions Acquires AutoSoft

Nick Zulovich
MANHATTAN BEACH, Calif. — TSi Auto Solutions, a business management solutions provider to automakers, dealer groups and others, this week announced an acquisition the company believes should increase its customer base by 30 percent. Executives revealed they have secured AutoSoft, a ... [Read More]

Car-Mart Seeks New Stores as Sales, Net Income and Revenue Climb

Nick Zulovich
BENTONVILLE, Ark. — In addition to announcing a new dealership in Tennessee, America's Car-Mart recently shared fourth quarter and fiscal full-year results. In some positive news, net income, revenue and sales are all up over the prior year, which has led ... [Read More]

Credit Acceptance Extends and Modifies Revolving Line of Credit Facility

Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. announced Wednesday that it has extended the maturity of its credit facility with a commercial bank syndicate from June 23, 2011, to June 22, 2012. The amount of the facility remains unchanged at $150 million. ... [Read More]

Hertz Rent2Buy Teams Up with Chase to Provide Financing Options

Nick Zulovich
PARK RIDGE, N.J. — Hertz announced Monday that it has teamed up with Chase Auto Finance to offer its Hertz Rent2Buy customers financing options. Hertz Rent2Buy is the company's online car sales program that gives customers the option of taking a vehicle ... [Read More]

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