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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

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]

Wells Fargo Enhances Credit Facility for TC Automotive Partners Funding

Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital recently expanded an established relationship by boosting a credit facility to TC Automotive Partners Funding. The amount of the facility totaled $35 million. TC Automotive Partners Funding is an affiliate of Tuttle-Click Automotive ... [Read More]

Edmunds.com: Zero-Percent Finance Deals Hit Record High

Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com recently discovered that new-vehicle contracts which included zero-percent financing reached a new industry high during March. Site analysts found that more than 22 percent of financed new vehicles were purchased with zero-percent finance deals this past ... [Read More]

DriveItNow Unveils Soft Pull Credit Analysis Technology

Nick Zulovich
CINCINNATI — Automobile Consumer Services and DriveItNow Payment Marketing Service recently collaborated on "soft pull" credit analyzing technology. Executives explained how the process works when a consumer clicks the DriveItNow payment button that's displayed on vehicle search listings, dealer Web sites ... [Read More]

AmeriCredit Sees Now as the Best Time for Originations

Nick Zulovich
FORT WORTH, Texas — Dan Berce, AmeriCredit chief executive officer and president, explained Wednesday that now is the optimal period of time to produce new-loan originations since the economic conditions have begun to stabilize and improve. And as such, the company ... [Read More]

CNW: 2010 BHPH Sales Likely to Soar to 2.37 Million

Nick Zulovich
BANDON, Ore. — According to CNW Research's Art Spinella, tough economic times are dramatically driving up the growth of buy-here, pay-here lots throughout the country. "Back in the day, such operations were typically small, dusty outlets with marginal vehicles where a ... [Read More]

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