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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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

J.D. Byrider Hires New VP of Franchise Development

Nick Zulovich
CARMEL, Ind. — J.D. Byrider has hired a new vice president to run the company's franchise development. Taking on the position is Michael Pearce. He will be responsible for increasing the number of locations by licensing new franchisees to J.D. Byrider's ... [Read More]

UPDATED: GM to Immediately Provide Dealers with CARS Advances

Nick Zulovich
DETROIT — While many dealers are halting CARS deals due to the government's slow approval and reimbursement, General Motors thinks it may have found a solution to keep dealers in Cash for Clunkers business. The automaker announced today that it will ... [Read More]

Economic Conditions Cause Rise of New Repossession Trends

Nick Zulovich
RALEIGH, N.C. — The challenges of the current economy have most industries reeling as they experience a decrease in activity. However, the repossession industry is experiencing the exact opposite. Activity is at an all-time high. That's because tough economic conditions call ... [Read More]

Fed Extends TALF, Reviews Trends in Credit Markets

Nick Zulovich
WASHINGTON, D.C. — On Monday, the Federal Reserve Board and the Treasury Department announced that they have approved an extension in the Term Asset-Backed Securities Loan Facility. However, officials indicated that they do not foresee any additions to the types of ... [Read More]

Vehicle Acceptance Opens New Location

Nick Zulovich
DALLAS — Vehicle Acceptance Corp. announced the addition of its newest branch office in Indianapolis, Ind. "This latest expansion of the nationwide subprime finance company is a strong indication of the healthy and growing buy-here, pay-here marketplace in the region," according ... [Read More]

Comerica: Auto Affordability Almost at Its Best

Nick Zulovich
DALLAS — The purchase of an average-priced new vehicle took only slightly more median income than it did in the prior quarter, according to Comerica Bank's Auto Affordability Index. More specifically, it took 22.1 weeks of median family income in the ... [Read More]

Peak Acceptance Rolls Out to Dealers

Nick Zulovich
DALLAS — Peak Acceptance LLC has struck up a relationship with Payless Car Sales, in addition to dozens of franchised dealers, and is rolling out throughout the country, according to Rick Collins, a principal behind the company. The new lender was ... [Read More]

ChannelNet Launches 5 Millionth Personal Site for Auto Finance Industry

Nick Zulovich
SAUSALITO, Calif. — ChannelNet, a leading provider of Web-based customer loyalty solutions, announced today that it has now deployed 5 million personalized Web sites for the auto financing industry. Personal Web sites are basically provided to auto loan/lease customers and designed to ... [Read More]

Triad Financial Upgrades BBB Rating

Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has boosted its Better Business Bureau rating from "B" to an "A+," the best possible score. The BBB bases ratings on the number of consumer complaints filed against a company ... [Read More]

F&I Administration Introduces SCS Auto GAP

Nick Zulovich
CHICAGO — F&I Administration Solutions LLC, a leading provider of software for the administration of auto F&I products, recently announced the release of SCS Auto GAP, which it is calling the first commercially available software that is specifically designed to ... [Read More]

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