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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

Wachovia Dealer Services to Become Wells Fargo Dealer Services

Nick Zulovich
SAN FRANCISCO — Wachovia Dealer Services is changing its name to Wells Fargo Dealer Services on March 20, a company spokesperson told SubPrime Auto Finance News on Wednesday. "New name, same great relationship with our dealers. Our dealers can continue to ... [Read More]

DealerTrack Discusses 4Q, Full-Year Performance, 2010 Outlook

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack executives remained upbeat about their company's financial standing despite some year-over-year softening in revenue and income. When discussing fourth quarter data, DealerTrack indicated that revenue to close 2009 came in at $53.2 million as compared to ... [Read More]

GMAC: IPO Could Be Possible in Next Two Years

Nick Zulovich
WASHINGTON, D.C. — As GMAC's chief executive officer and chief financial officer get ready to testify before a Congressional Oversight Panel today, the executives said in prepared remarks that if GMAC had not received access to government funds that many GM ... [Read More]

AVAbahn Integrates Wolter Kluwer Financial Tools into DMS

Nick Zulovich
MINNEAPOLIS — AVAbahn, a provider of Microsoft-based solutions and services for dealers, recently announced it is incorporating Wolters Kluwer Financial Services' vehicle retail installment contracts and DocOne printing engine into the dealer management system for Microsoft Dynamics AX. AVAbahn highlighted that ... [Read More]

NowAuto Group: Challenge Remains on Collections

Nick Zulovich
PHOENIX — NowAuto Group executives recently shared the reasons why their charge-offs and defaults improved significantly during the fiscal second quarter over the prior quarter and prior year. NowAuto found that charge-offs and defaults in the quarter that ended on Dec. 31 dropped ... [Read More]

CNW: Lease Penetration to Reach 25 Percent This Year

Nick Zulovich
BANDON, Ore. — Reviewing both open and closed-end leases from dealers and third-party lessors, such as banks, CNW Research discovered that the automaker with the largest market share is Ford. Ford trucks apparently account for more than 8.6 percent of lessees ... [Read More]

DealerTrack to Host Free Webinar Thursday

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack will be hosting a Webinar on Thursday to highlight and discuss all its new offerings which were unveiled at the National Automobile Dealers Association Convention in Orlando, Fla. Topics will include: —Retrieve critical appraisal data within seconds ... [Read More]

NAF Association to Host Webinar with Experian

Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association revealed plans for a Webinar featuring Melinda Zabritski, director of automotive credit for Experian Automotive. The Webinar titled, "A Special Review of the Below-Prime Automotive Finance Market," is scheduled for Feb. 23 beginning ... [Read More]

CMSI, Black Book Partner to Provide Valuations for Portfolios

Nick Zulovich
COLUMBIA, Md. — Credit Management Solutions and Black Book revealed an agreement to provide CMSI eXchange with what executives described as an affordable, monthly valuation and analytics service for auto portfolios. Officials went on to highlight that the timely and accurate ... [Read More]

Zoombak to Improve Tracking via Cell Tower Data

Nick Zulovich
NEW YORK — This morning, Zoombak announced the coming launch of Locate Assist, which by utilizing cell tower data gives dealers another way of tracking units under the company's GPS Recovery Finance Track Buy-Here, Pay-Here product. Basically, if a Zoombak device ... [Read More]

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