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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

J.D. Byrider to Add Three New Stores as Portfolio Performance Continues to Improve

Nick Zulovich
CARMEL, Ind. — More than halfway through 2009, J.D. Byrider said its portfolio is showing an improved performance over the same period of 2008. Moreover, the company announced it will open three new stores in the coming months, one company-owned location ... [Read More]

Consumer Bankruptcy Filings Set New Monthly Record

Nick Zulovich
ALEXANDRIA, Va. — Consumer bankruptcy filings for July came in at the highest monthly record since the new law went into effect back in October 2005, according to the American Bankruptcy Institute. Based on data from the National Bankruptcy Research Center, ... [Read More]

FTC Delays Red Flags Enforcement Yet Again

Nick Zulovich
WASHINGTON, D.C. — Dealers received yet another reprieve from Red Flags enforcement this week when the FTC announced Wednesday that it will provide more time for small companies to review guidance and develop written identity theft programs. The new deadline is now ... [Read More]

Compli to Host Cash for Clunkers Webinar

Nick Zulovich
PORTLAND, Ore. — In addition to other news, Compli announced it will hold a CARS Webinar Aug. 4 featuring Rob Cohen, attorney and president of Auto Advisory Services. "Who should attend? Dealers, general managers, general sales managers, finance managers, CFOs, controllers, ... [Read More]

USAA Members Can Now Save Thousands on Mercedes-Benz Purchase

Nick Zulovich
SANTA MONICA , Calif., and SAN ANTONIO, Texas — Zag.com recently announced it has reached an agreement with Mercedes-Benz USA to offer additional savings of up to $5,000 off the price of new Mercedes-Benz car purchases to USAA Members. This is ... [Read More]

FinCo’s Buy-Here, Pay-There Program Now in 30 States

Nick Zulovich
MARBLEHEAD, Mass. — FinCo Management's BuyHere-PayTHERE program has now rolled out to 30 states, including Florida, Texas and California. Officials said BHPT is a complete system which allows auto and powersports dealers and dealer groups to approve and finance their ... [Read More]

MILES Site Gets New Look

Nick Zulovich
LEXINGTON, Ky. — Dealers' Financial Services announced it recently revamped its MILES site to improve functionality for dealerships and active duty military customers. The site, www.usmiles.com, is now updated to help take the MILES Program "to the next level" with upgraded ... [Read More]

Toyota Rolls Out Special Lease Rates to Further Entice CARS Customers

Nick Zulovich
TORRANCE, Calif. — To better entice customers into dealerships and complement the recently launched CARS program, Toyota announced that consumers can obtain special lease options on vehicles that qualify for the CARS program. Regionally, consumers can apply their CARS rebates toward ... [Read More]

Capital One Auto Finance Grows 2Q Net Income, Further Reduces Originations

Nick Zulovich
McLEAN, Va. — Capital One Auto Finance has continued to reduce originations as the company responds to the turbulent economic environment. On the positive side, the business unit bolstered its net income from continuing operations. Originations came in at $1.342 billion ... [Read More]

Fed Launches New Survey to See How Recession Impacted Households

Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve Board announced Monday that it will soon begin a statistical study of household finances to update data collected at the outset of the economic downturn that began in late 2007. The 2009 Survey of Consumer ... [Read More]

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