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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Ford Credit Highlights Income Turnaround

Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit revealed specifics of its 2009 revenue turnaround and how a nearly $3 billion improvement occurred. The company posted a net income total of $1.3 billion last year. It calculated into an improvement of $2.8 billion, ... [Read More]

GMAC Says Auto Service Business Made Strong 4Q Improvements

Nick Zulovich
NEW YORK — Positively impacted by gains in net financing revenue, GMAC reported Thursday that, based on preliminary results, its global automotive services business posted pre-tax income from continuing operations of $309 million during the fourth quarter, a significant upswing from the pre-tax loss ... [Read More]

Is BHPH Right for Franchise Dealers?

Nick Zulovich
HOUSTON — Franchise dealers enter 2010 with many of the same challenges they have faced for the last 24 months: 1) excess facilities, 2) slumping vehicle sales, 3) decreasing average credit scores of their customers, 4) tougher credit approvals from ... [Read More]

Hudson Cook, CounselorLibrary.com, Auto Advisory Services to Host Auto Finance Program

Nick Zulovich
HANOVER, Md. — Hudson Cook, CounselorLibrary.com and Auto Advisory Services will be hosting a special auto financing workshop next month in Orange County, Calif., that will touch on a variety of legal issues within the industry. As some may know, all of these companies ... [Read More]

ABI: 2010 Consumer Bankruptcies Likely to Climb from 2009

Nick Zulovich
ALEXANDRIA, Va. — Though consumer bankruptcies in January fell 10 percent from the previous month, this isn't necessarily indicative of things to come. In fact, the American Bankruptcy Institute suggested Tuesday that various economic pressures could push bankruptcies this year past their ... [Read More]

Today is Final Day to Submit Nominations for Top 75 Subprime Companies

Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News announced this morning that today is the last day to submit nominations for the second annual listing of the top 75 subprime companies in the March/April edition. Please move quickly, as nominations will close ... [Read More]

RouteOne Debuts New Online Lead, Credit Application Tool

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne has launched a new online lead and credit application tool for dealers that can help them manage and track customer leads, help make their online marketing activities more effective, and extend the reach of finance departments to their ... [Read More]

AmeriCredit Says It Has Rebuilt Originations Infrastructure

Nick Zulovich
FORT WORTH, Texas — On Wednesday, AmeriCredit's president and chief executive officer announced that the company has "substantially completed the rebuild of our originations structure." This included reopening one regional credit center and increasing staffing for sales, underwriting and funding areas. ... [Read More]

SubPrime Auto Finance News Seeks Nominations for Top Companies

Nick Zulovich
CARY, N.C. — Nominations are now open for the second annual listing of the top 75 subprime companies in the March/April edition of SubPrime Auto Finance News. But please move quickly, as nominations will close end-of-day Tuesday, Feb. 2. "We are ... [Read More]

Wolters Kluwer Names Senior Attorney for Indirect Lending

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced Wednesday that it has named a senior attorney for its indirect lending business unit, which provides compliance tools and services to marine, RV and dealerships, and the lenders that serve them. Serving in this ... [Read More]

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