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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

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]

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]

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