Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Turbocharged Finance
Presented by
3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
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

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]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
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]

J.D. Power Says Dealer Satisfaction with Lenders Down Considerably

Nick Zulovich
WESTLAKE VILLAGE, Calif. — J.D. Power and Associates discovered that dealer satisfaction with lenders declined "considerably" from 2008 in all four segments reviewed in the Dealer Financing Satisfaction Study. The company found: Prime Retail Credit 2008: 835 2009: 789 (down 46 ... [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]

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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X