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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

FTC Delays Red Flag Rule Enforcement

Nick Zulovich
WASHINGTON, D.C. — The Federal Trade Commission recently announced it will the delay enforcement of the new Red Flags Rule until Aug. 1 to give creditors and financial institutions more time to develop and implement written identity theft prevention programs. This ... [Read More]

Fed Banking Supervisors Offer Update on Capital Assessment of 19 Bank Holding Companies

Nick Zulovich
WASHINGTON, D.C. — During this period of extraordinary economic uncertainty, the U.S. federal banking supervisors believe it to be important for the largest U.S. bank holding companies to have a capital buffer sufficient to withstand losses and sustain lending even in ... [Read More]

MyAutoloan.com Witnesses Increased Consumer Demand

Nick Zulovich
IRVING, Texas — MyAutoloan.com, an online auto loan finance company, recently reported that it has seen a significant increase in customer auto loan applications for the first quarter of 2009 and continuing into the second quarter. MyAutoloan.com, which is an online ... [Read More]

VeriFacts, Triad Financial Team Up to Ramp Up Services

Nick Zulovich
NORTH RICHLAND HILLS, Texas — VeriFacts Inc., a leading provider of skip trace solutions, and Triad Financial recently announced their partnership to offer a one-stop shop of services. In combination with VeriFacts POEExtreme package, the new menu includes: —Debtor and asset ... [Read More]

Chrysler Financial Halts Floor Planning, Chrysler Subvented Rates

Nick Zulovich
FARMINGTON HILLS, Mich. — As a result of Chrysler filing for Chapter 11, Chrysler Financial announced this week that it is required to temporarily suspend dealer wholesale financing in the U.S. and Canada, effective immediately. This will continue as financial company ... [Read More]

GMAC Extends Curtailment Waiver for Dealers, Now Accepting Non-Franchise Wholesaling Applications

Nick Zulovich
NEW YORK — GMAC executives said the company is continuing to demonstrate its support of automotive dealers by announcing additional actions, including extending the curtailment waiver for the month of May and accepting new applications for wholesale financing from qualified U.S. ... [Read More]

Bankruptcies Continue Double-Digit Year-Over-Year Climb

Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings again climbed by double digits in April, jumping a total of 36 percent from a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The ... [Read More]

Westlake Financial Enters Hawaii

Nick Zulovich
LOS ANGELES — Westlake Financial Services has recently expanded into the state of Hawaii. The company now operates in 37 states, with Hawaii officially being added the first of May. "We are very excited to provide an additional lending source to ... [Read More]

NABD 2009 Coming Up Next Month

Nick Zulovich
HOUSTON — The National Alliance of Buy Here, Pay Here Dealers' 11th annual national conference will kick off next month with a focus on "New BHPH Profit Opportunities In the Current Environment." The educational program at NABD 2009 — scheduled for May ... [Read More]

NAF Association Unveils Conference Lineup

Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association released the details of its 13th Annual Non-Prime Auto Finance Conference, which will be held June 3-5 at the Renaissance Worthington in Fort Worth, Texas. Basically, the conference will address the hurdles associated ... [Read More]

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