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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

Texas Credit Union Joins AppOne

Nick Zulovich
AUSTIN, Texas — A+ Federal Credit Union, one of the largest operations in the Texas state capital, recently broadened its relationship with Wolters Kluwer Financial Services. A+FCU officials announced they're joining Wolters Kluwer's AppOne platform for indirect lending, credit approval and compliance ... [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]

PAR, SWBC Partner to Bring Remarketing, Repo Offerings to Credit Unions

Nick Zulovich
CARMEL, Ind. — On Monday, ADESA announced that its subsidiary, PAR North America, has teamed up with SWBC to bring credit unions a suite of automotive asset risk and account management services. SWBC is one of the nation's largest privately held ... [Read More]

Edmunds.com: Average Vehicle Loan Interest Rate Drops to Record Low

Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com analysts discovered that the average automobile finance rate in March dropped to the lowest level since they began tracking records back in 2002. The site indicated that the average rate last month dropped to 4.4 percent. Meanwhile ... [Read More]

AFSA Launches Revamped Web Site

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association launched a revamped Web site this week, that in addition to a new look, also includes a number of new features. "I'd like to point out some of the most useful features. The ... [Read More]

Wolters Kluwer Broadens Arrangement with First Advantage CREDCO

Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services and First Advantage CREDCO recently expanded their relationship to reach more dealers in the non-automobile market segment. Executives highlighted that marine, recreational vehicle, motorcycle and powersports dealerships now can acquire credit reports through ... [Read More]

Chase Grows Auto Originations

Nick Zulovich
NEW YORK — In reporting its first-earnings, Chase announced that auto originations are up both year-over-year and quarter-over-quarter. According to officials, the "increase is driven by market share gains in prime segments and new manufacturing relationships." More specifically, auto originations are ... [Read More]

DealerTrack Financing Source Network Hits New Threshold

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced this week that its number of active financing sources connected to its network reached a new threshold. Company executives highlighted that the figure now stands at 850, including GMAC Financial Services. The company reiterated that ... [Read More]

Updated: GMAC’s Head of Global Automotive Services Slated to Retire

Nick Zulovich
DETROIT — A 27-year veteran of GMAC Financial Services and its former parent General Motors, Bill Muir, head of the company's global automotive services, announced his intention Monday to retire within the next year. Muir will continue in his current role until ... [Read More]

Mercedes-Benz Financial Launches iPad App for Customers

Nick Zulovich
FARMINGTON HILLS, Mich. — Mercedes-Benz Financial announced it has received approximately $2.5 million in payments from customers via their mobile devices since launching its iPhone app last October. Given this success, the company has decided to launch an iPad app as ... [Read More]

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