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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

Leedom Group Names Senior VP of Dealer Ops

Nick Zulovich
SARASOTA, Fla. — Leedom Group has named its senior vice president of dealer operations. Taking on this position is Jerry "Butch" Moore, who will oversee five of the company's buy-here, pay-here dealerships in Florida and Georgia. These five locations sell more than ... [Read More]

Fed: Auto Loan Interest Rates on Steady Incline

Nick Zulovich
WASHINGTON, D.C. — After falling drastically earlier this year, interest rates for new-car loans at auto finance companies climbed at a steady pace during the second quarter. In fact, during June, the rate rose to 3.88 percent, up from 3.47 percent ... [Read More]

CalAmp Starts Agent Reseller Program for GPS Solution

Nick Zulovich
OXNARD, Calif. — CalAmp Corp. has launched an agent reseller program for its Aercept-branded GPS tracking solutions. As authorized Aercept agents, independent sales professionals can offer the branded GPS tracking units to new dealerships, buy-here, pay-here used-car dealerships and financing companies. ... [Read More]

NADA Used Car Guide Values to Be Offered in New DealerTrack Product for Lenders

Nick Zulovich
McLEAN, Va. — NADA Used Car Guide announced this week it has been tapped to provide used-vehicle values for a newly launched product by DealerTrack Inc. that is designed to enhance lenders' efficiency and further streamline the auto lending process. Basically, ... [Read More]

Audi Bolsters CARS Incentive to Drive More Buyers

Nick Zulovich
HERNDON, Va. — With the Senate expected to approve additional CARS funding today, Audi hopes to drive even more consumers into showrooms to take advantage of this program by adding its own cash for clunker perk. On select models, consumers will now receive ... [Read More]

Wolters Kluwer Adds Indirect Lending Sales Director, New Technology

Nick Zulovich
MINNEAPOLIS and BATON ROUGE, La. — Wolters Kluwer announced the enhancement of its indirect lending business unit over the past week with the addition of a new director of sales and the integration of new technology. The company named David Reynolds as its new ... [Read More]

AmeriCredit to Incrementally Grow Originations, Revive Dealer Relationships

Nick Zulovich
FORT WORTH — After continuously scaling back originations and dealer partnerships to match the difficult credit environment, AmeriCredit announced a turnabout Wednesday. Management said it's confident enough to ramp back up originations to $300 million by December 2009. To support these ... [Read More]

Digital Recognition Network Now Offers Three Programs for ARA Members

Nick Zulovich
DALLAS — The American Recovery Association announced its partnering with the Digital Recognition Network to use its License Plate Recognition technology at an "extremely" discounted rate for members. The tiered pricing, which can be obtained by e-mailing Les McCook at [email protected] or ... [Read More]

GMAC Officials Attribute Higher Auto Finance Results to Stronger U.S. Used-Vehicle Market, More

Nick Zulovich
NEW YORK — In a bit of positive news, GMAC reported today that its auto finance business reported a pre-tax income of $346 million, compared with a pre-tax loss of $709 million a year ago. "Results were driven primarily by improvement in ... [Read More]

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]

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