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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

GMAC More Than Doubles Year-Over-Year U.S. Originations

Nick Zulovich
NEW YORK — Along with announcing that the parent company has been rebranded to Ally Financial and providing an update on business with Chrysler dealers, GMAC Financial Services reported this week that North American originations came in at $6.7 billion for ... [Read More]

MoneyAisle.com Launches Auto Loan Auction for Consumers

Nick Zulovich
BURLINGTON, Mass. – MoneyAisle.com has launched what its officials call one of the first online auction places for consumers to get competitive rates on auto loans and refinancing. With a rapidly growing network of banks and credit unions, currently more ... [Read More]

Experian Schedules Webinar to Discuss 2009 Effects on Industry

Nick Zulovich
SCHAUMBURG, Ill. — Since events of last year so greatly altered how the industry behaves, Experian Automotive planned a free Webinar to share analysis about how much of an impact 2009 has left. The Webinar that will feature Experian's director of ... [Read More]

Capital One Survey Gauges Alternative-Fuel Vehicle Interest

Nick Zulovich
McLEAN, Va. — Capital One Auto Finance recently completed a survey to learn more about how truly interested consumers are in fuel-efficient and alternative-fuel vehicles. Turns out, the majority of consumers who participated are concerned about these attributes of their future ... [Read More]

Strong Auction Values Help Ford Credit Grow Net Income

Nick Zulovich
DEARBORN, Mich. — Describing first-quarter results, Mike Bannister, chairman and chief executive officer of Ford Credit, said net income was bolstered in part by improvements in the used-vehicle auction markets. The company witnessed lower depreciation expense for leased vehicles thanks to higher auction ... [Read More]

AOL Autos Highlights Best April Finance Deals

Nick Zulovich
DETROIT — While perhaps not surprising, Toyota is highlighting the way with strong deals in financing this month, while General Motors and Chrysler are apparently not far behind, according to Gary Hoffman, a correspondent for AOL Autos. "In much of the ... [Read More]

Chrome Systems to Host Free Webinar about Vehicle Descriptions

Nick Zulovich
PORTLAND, Ore. — Chrome Systems is looking to help dealers and financial institutions reduce risk wherever possible. So, the company has scheduled a free Webinar to discuss how best to minimize investment risks and maximize vehicle profits. This free Webinar is ... [Read More]

NADA Keeps Close Watch of Ongoing Lending Bill Debate in Senate

Nick Zulovich
WASHINGTON, D.C. — U.S. Senate floor activity is particularly important to the National Automobile Dealers Association and dealership management this week. Lawmakers are ramping up consideration of the proposed Bureau of Consumer Financial Protection, which could completely change how dealerships operate, some ... [Read More]

Auto Financial Group, Frankenmuth Credit Union Reach Deal

Nick Zulovich
HOUSTON — Auto Financial Group, an online provider of residual-based financing products for credit unions, recently announced it has signed an agreement with Frankenmuth Credit Union, a Michigan-based institution. Executives explained the agreement means FCU can offer AFG's DrivingSense as both ... [Read More]

LexisNexis Risk Solutions Rolls Out New Feature

Nick Zulovich
NEW YORK — A new feature now is available with the LexisNexis Receivables Management Solutions Suite. Officials highlighted that LexisNexis Banko Events Monitoring can automate the process of monitoring bankruptcy events and help collections organizations improve efficiency. They also contend the new ... [Read More]

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