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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

Former AmeriCredit Exec Becomes CEO of Exeter Finance

Nick Zulovich
IRVING, Texas — Exeter Finance Corp. recently announced that it has a new chief executive officer and vice chairman. Taking on this role is Mark Floyd. Floyd has a long history with Exeter's founders, which include Sam Ellis, Richard Frunzi, Daniel ... [Read More]

First Associates Names New EVP

Nick Zulovich
SAN DIEGO — National loan servicer First Associates recently tapped a veteran with more than 20 years of industry experience to be its executive vice president and equity partner. Taking on this role is Laurence Chiavaro, who has been charged by ... [Read More]

CarMax Expands Ohio Market Penetration

Nick Zulovich
RICHMOND, Va. — CarMax doubled the amount of rooftops it has in Ohio this week. The company already operated two facilities in the state capital, Columbus, but now showrooms are up and running in both Cincinnati and Dayton. The new Cincinnati ... [Read More]

Fitch Says Prime Losses Down But Issues Words of Caution

Nick Zulovich
NEW YORK — According to Fitch Ratings delinquencies and losses on prime auto loan asset-backed securities hit their lowest levels in May since the summer of 2007. However, officials cautioned that this trend was "mainly due to seasonal factors." In fact, ... [Read More]

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]

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]

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