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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

GrooveCar Unveils New Web Strategy to Push Auto Lending at Credit Unions

Nick Zulovich
HAUPPAUGE, N.Y. — GrooveCar recently revamped its website with a host of added features and promotions geared to boost the potential for credit unions to capture more direct auto loan accounts on new and used vehicles. Officials from the financial intermediary emphasized ... [Read More]

Wells Fargo Dealer Services Continues Business as Usual

Nick Zulovich
DES MOINES, Iowa — Wells Fargo Dealer Services' president told SubPrime Auto Finance News this week that the Wells Fargo Financial restructuring will have no impact on indirect dealer auto loans. Indeed, Tom Wolfe told SubPrime, "The restructuring of Wells Fargo ... [Read More]

GMAC’s North American Auto Finance Business to Become Ally

Nick Zulovich
DETROIT — This morning, Ally Financial announced it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico with the Ally name. This follows the transition of the parent company to Ally Finance Inc. in ... [Read More]

Wolters Kluwer Granted Patent for AppOne Solution

Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services revealed this week that it received notification from the United States Patent and Trademark Office regarding one of its solutions. Federal officials gave a U.S. patent to Wolters Kluwer for its AppOne solution. ... [Read More]

ABA: Direct, Indirect Auto Loan Delinquencies Improve

Nick Zulovich
WASHINGTON, D.C. — Both direct and indirect auto loan delinquencies showed improvement for the quarter, according to the American Bankers Association. ABA reported that direct auto loan delinquencies dropped from 1.94 percent to 1.79 percent. Meanwhile, indirect auto loan delinquencies fell ... [Read More]

Chase Auto Finance Continues Expansion in Southeast

Nick Zulovich
GARDEN CITY N.Y. — After Chase Auto Finance unveiled new offices in the Midwest and the Northeast earlier this year, this week the company expanded its presence in the Southeast. Executives announced the opening of a full-service Custom Finance Business Center ... [Read More]

Consumers Can Now Select Special Chrysler Incentives

Nick Zulovich
AUBURN HILLS, Mich. — In addition to announcing that most 2010 vehicles financed through GMAC are eligible for zero-percent financing, Chrysler also said today that it is allowing customers the option of returning a new vehicle within 60 days. More specifically, ... [Read More]

Pentagon Federal Credit Union Now Offering Low APR

Nick Zulovich
ALEXANDRIA, Va. — In an attempt to generate more auto-loan business, Pentagon Federal Credit Union recently unveiled what it's calling attractive interest rates for new, used and refinanced vehicles. Currently available only for a short time, officials indicated the contract can ... [Read More]

KBB, Mint.com Team Up to Aid Consumers

Nick Zulovich
IRVINE, Calif. — As a way to help consumers prepare for a vehicle purchase, Kelley Blue Book on Tuesday entered into a partnership with Mint.com, a free online personal finance service from Intuit. Thanks to this agreement, officials explained Kelley Blue ... [Read More]

Consumer Bankruptcy Filings Climb Double Digits

Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings were up double digits for the first six months of 2010. According to the American Bankruptcy Institute, filings came in at 770,117, up 14 percent over 675,351 filed during the same period last year. ... [Read More]

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