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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

Webb: Recession to Likely End by Q3

Nick Zulovich
LAS VEGAS — Tom Webb had some positive news to share at the National Alliance of Buy-Here, Pay-Here Dealers conference Tuesday. Manheim's chief economist said he is seeing some improvement in the near future in the labor sector, which coupled with ... [Read More]

Experienced Recovery Professional Offers Tip to Reduce Losses

Nick Zulovich
LAS VEGAS — One of the speakers to generate a lot of audience interest Tuesday at the National Alliance of Buy-Here, Pay-Here Dealers conference was Ron Brown, general manager of CSI Group. His company is one of the oldest and largest ... [Read More]

NABD’s Shilson to Present BHPH Benchmarks

Nick Zulovich
LAS VEGAS — Dealers, vendors and auto professionals are gathering today at the Las Vegas Hilton for the kick off of the 11th annual National Alliance of Buy-Here, Pay-Here Dealers conference. This year's event is titled "New BHPH Profit Opportunities in ... [Read More]

Key Speakers to Take NABD Spotlight This Week

Nick Zulovich
LAS VEGAS — The general session for the National Alliance of Buy-Here, Pay-Here Dealers conference will start today with a focus on "Understanding the Current BHPH Marketplace." Offering the overview will be Tom Webb, Manheim's chief economist. "His president will help ... [Read More]

DealerTrack Shares 1Q Challenges, Revises 2009 Full-Year Guidance

Nick Zulovich
LAKE SUCCESS, N.Y. — Even though the company recorded a net loss in a difficult auto environment during the first quarter, DealerTrack officials said they anticipate that the company's overall 2009 earnings performance will be better than initially expected. More specifically, ... [Read More]

GMAC Says it Will Boost Tier 1 Capital

Nick Zulovich
NEW YORK — On Monday, GMAC Financial Services confirmed capital requirements resulting from the Federal Reserve's Supervisory Capital Assessment Program. Basically, as part of this program, GMAC said by Nov. 9, it plans to increase the common shareholder equity component of ... [Read More]

Hudson: Consumer Credit Fairness Act Could Hurt Industry

Nick Zulovich
HANOVER, Md. — A bill currently being considered by the U.S. Senate Judiciary Committee could prove to be harmful for subprime auto financing and for used-vehicle dealers, and the industry should be aware of its potentially "dangerous" impact, according to Tom Hudson, an attorney ... [Read More]

XpressCredit Partners with East Coast Funding

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced recently that it has formed a partnership with East Coast Funding Group, an auto lender based out of Great Neck, N.Y. As part of their relationship, East Coast Funding can utilize XpressCredit's patent-pending technology — including the ... [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]

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