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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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

Consumer Portfolio Services Navigates Difficult First Quarter

Nick Zulovich
IRVINE, Calif. — Explaining their recent financial performance as a continued recovery from the "Great Recession," executives from Consumer Portfolio Services detailed a decline in revenue and pretax loss during the first quarter of 2010. CPS indicated that it posted a ... [Read More]

Arizona Central Credit Union Joins Effort to Assist Low-Income Buyers

Nick Zulovich
PHOENIX — Arizona Central Credit Union recently partnered with the Northern Arizona Council of Governments to offer a program meant to help low-income individuals purchase a vehicle. Officials explained the basis for Wheels to Work is to assist individuals with limited ... [Read More]

While Prime, Subprime Auto ABS Delinquencies Remain Elevated, Fitch Finds Some Key Improvements That Bode Well for Industry

Nick Zulovich
NEW YORK — The performance of auto asset-backed securities is a key factor in investors' and capital markets' appetite for such issuances. And with the auto lending markets tight, keeping a close eye on the performance of prime and subprime vintages ... [Read More]

Ally CEO Reaffirms Company’s Position, Commitment

Nick Zulovich
DETROIT — Amid reports this week that General Motors might be considering several options that would put the automaker back into auto financing, Ally Financial released a statement Wednesday emphasizing its commitment to and strong position within the auto lending industry. "Ally Financial ... [Read More]

Va. BHPH Dealer Touts Benefits of PaymentVision, Auto Master Integration

Nick Zulovich
GAITHERSBURG, Md. — C&G Imports, a buy-here, pay-here dealer in Arlington, Va., recently shared how solution integration of PaymentVision and Auto Master helped to enhance security and streamline financial operations for the dealership. The integration combined the solution capabilities of PaymentVision, ... [Read More]

Asset Acceptance Reports on 1Q Progress, Challenges

Nick Zulovich
WARREN, Mich. — The leadership of Asset Acceptance Capital Corp., a purchaser and collector of charged-off consumer debt, recently detailed how it was encouraged by the progress made in becoming more efficient and increasing purchasing, also noting that the company made strides in certain areas ... [Read More]

Auto Credit Express Forms Partnership to Help Clients Rebuild Credit

Nick Zulovich
AUBURN HILLS, Mich. — Auto Credit Express has teamed up with United Credit Education Services to roll out a new Web site, FutureCreditScore.com, and offer its clients credit rebuilding services. Thanks to this partnership, AutoCreditExpress customers now have a way to ... [Read More]

Nicholas Financial Reports Upward Movement in Earnings, Revenue

Nick Zulovich
CLEARWATER, Fla. — A look into Nicholas Financial's most recent quarterly performance report showed strong gains in net earnings and revenue, as well as plans to continue the company's expansion. For the most recent fiscal quarter, the company's net earnings, excluding change ... [Read More]

iMETRIK Forms New Business Unit to Manage Growth

Nick Zulovich
MONTREAL, Quebec — iMETRIK Solutions, a provider of embedded wireless solutions for the buy-here, pay-here dealer industry, recently announced it created a new business unit to handle client growth. Because of steady company advancement during the past five years, executives have rolled ... [Read More]

Comerica: Auto Affordability Hits Nine-Quarter Low

Nick Zulovich
DALLAS — Increased interest rates were the primary factor in pushing first-quarter auto affordability down to a more than two-year low, according to Comerica Bank, which released its most recent Auto Affordability Index today. Specifically, it required 23.4 weeks of median ... [Read More]

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