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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

Wolters Kluwer, Nowcom Team Up

Nick Zulovich
LOS ANGELES — Dealers who work with Wolters Kluwer Financial Services now have a streamlined system of processing loan documents thanks to a new service being offered by Nowcom. With a simple click of the mouse, Nowcom's Dealer Desktop "print pack" ... [Read More]

AutoLoanDaily.com Goes Live

Nick Zulovich
FORT LAUDERDALE, Fla. — AutoLoanDaily.com launches as a consumer auto finance news and advice site that will feature stories with dealers, lenders and credit experts. The site is designed to provide shoppers with advice and research on loans, leases and car financing. "In ... [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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Henderson Names Replacement for LaNeve

Nick Zulovich
DETROIT — Late Wednesday, Fritz Henderson, General Motors president and chief executive officer, named Mark LaNeve's replacement. Promoted to the position is Susan Docherty, who is currently the general manager of Buick-GMC. She takes over the role on Oct. 16 and ... [Read More]

Fed: Average Amount Financed on Car Loan Plummets

Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve announced the latest auto finance trends on Wednesday, and in an interesting turn, the average amount financed at auto lenders showed a significant drop. This figure came in at $24,405 on new-car loans in August, ... [Read More]

AppOne Gains Kansas-Based Credit Union

Nick Zulovich
BATON ROUGE, La. — In the all-important need to open up credit availability and get the economy moving again, Wolters Kluwer Financial Services announced it has gained a new financial institution to use its AppOne platform. The most recent lending facility to ... [Read More]

Bankruptcy Filings Hit New Nine-Month Record Since 2005

Nick Zulovich
ALEXANDRIA, Va. — For the first time since 2005, bankruptcy filings jumped past the 1 million mark during the first three calendar quarters of a year, according to the American Bankruptcy Institute. Relying on data on from the National Bankruptcy Research ... [Read More]

Former AmeriCredit Exec Joins XpressCredit as Director of Lender Development

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit today announced the hiring of a former AmeriCredit executive as director of lender development. Taking on this position is Rory Noske. Noske brings more than 18 years of experience, developing business relationships in the auto financial services ... [Read More]

DealerTrack Adds Red Flags Reporting

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack customers now have access to Red Flags Reporting. The Red Flags Rules are expected to be enforced starting Nov. 1.  The addition is designed to help dealers in providing an audit trail and ensuring employees are complying with the Red ... [Read More]

Fitch: U.S. Auto ABS Delinquencies in August Close to 10-Year High

Nick Zulovich
NEW YORK — Sixty-plus-day delinquency levels on U.S. prime auto loan ABS jumped 10.4 percent in August to 0.85 percent, which approached the 10-year record high set back in the first quarter, Fitch Ratings reported this week. The decade high is ... [Read More]

ABA Says Auto Loan Delinquency Rates Improved

Nick Zulovich
WASHINGTON, D.C. — Although overall consumer delinquencies reached a record mark during the second quarter, auto loans — both direct and indirect — showed significant improvement during the period, according to the American Bankers Association. Specifically, direct auto loan delinquencies dropped 55 basis ... [Read More]

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