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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

BoA Dealer Services Joins AppOne Platform

Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services revealed this week that Bank of America's Dealer Financial Services is being connected to its AppOne platform. Interestingly, this latest deal is designed to help dealers finance marine and RV units for customers. "Not only ... [Read More]

Nationwide Acceptance Finishes DealerTrack Integration

Nick Zulovich
CHICAGO — Nationwide Acceptance Corp. recently completed integration with DealerTrack, meaning that dealers can now process credit applications electronically to Nationwide through the DealerTrack platform. "We are very excited to integrate with one of the nation's premier platforms for dealers to ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Saab Dealers to Continue Relationship with GMAC

Nick Zulovich
DETROIT — Now an independent company, Saab Automobile announced Monday that it has selected GMAC Financial Services as its preferred provider of wholesale and retail financial services for its qualified Saab dealers and customers throughout the world. The automaker's dealers already ... [Read More]

J.D. Byrider Names VP of Franchise Operations

Nick Zulovich
CARMEL, Ind. — Late last week, J.D. Byrider announced it has hired a new executive to serve as vice president of franchise operations. Hired for this position is Thomas Welter, who will be responsible for "maximizing unit profitability by strengthening the ... [Read More]

DealerTrack to Host Another Free Compliance Webinar

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack will be hosting a Webinar on Tuesday to discuss what the company highlighted as five critical compliance issues that can pose liability risks for dealers. The five points that are to be covered during the sessions ... [Read More]

Decreased Charge-offs, Strong Inventory Management Spark Car-Mart’s Revenue, Sales Performances

Nick Zulovich
BENTONVILLE, Ark. — Buy-here, pay-here auto group America's Car-Mart enjoyed strong revenue and retail sales improvements along with decreases in charge-offs during both its fiscal third quarter and nine-month time spans. In the third quarter that wrapped up Jan. 31, Car-Mart ... [Read More]

Experian: Subprime Auto Loans on Used Vehicles Grow

Nick Zulovich
SCHAUMBURG, Ill — While most new-car loans fall into the prime credit category, an Experian Automotive executive recently pointed out that loans for subprime customers are still out there, particularly in the used-vehicle market. "While the lion's share of the new-car ... [Read More]

GMAC CFO Leaving for Private Equity Firm

Nick Zulovich
DETROIT — In a SEC filing this week, GMAC reported that chief financial officer Robert Hull has decided to leave the company at the end of March. GMAC said in the SEC filing it will conduct an internal and external search ... [Read More]

ABI: 2009 Bankruptcy Totals Rise Significantly

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute recently shared data from the Administrative Office of the U.S. Courts that confirmed a sharp rise in total bankruptcy filings last year. The 2009 bankruptcy total jumped 32 percent over the figure recorded for ... [Read More]

Fitch: Seasonality Drives Up Prime Auto ABS Losses

Nick Zulovich
NEW YORK — Fitch Ratings recently reported that seasonal weakness pushed up U.S. prime auto loan asset-backed securities' losses slightly higher in January, compared to prior months. However, the company did share some good news. Despite high unemployment and pressure on ... [Read More]

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