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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
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

Zoombak Launches Referral Program that Offers Cash for New Customers

Nick Zulovich
NEW YORK — Zoombak recently announced the launch of its new Customer Referral Program, which is designed to reward customers for word-of-mouth marketing and to drive sales of its GPS locator technology. The company will send $25 in cash to customers ... [Read More]

GMAC Honors Community Service of Associates

Nick Zulovich
DETROIT — GMAC Financial Services announced the recipients of its biannual Community Leadership Award this week, which is created to recognize exemplary volunteerism and the charitable giving of its associates. The announcement of these recipients is in connection with National Volunteer ... [Read More]

U.S. Bank Launches Special Auto Loan Program for Eco-Friendly Vehicles

Nick Zulovich
MINNEAPOLIS — Late last week, U.S. Bank announced that it has created a new auto loan program that offers a half-percent rate reduction on loans new and used models certified by the EPA as environmentally friendly SmartWay vehicles. Officials boasted that their ... [Read More]

KBB Selects BMW Financial Services’ up2drive.com to Help Web Shoppers

Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Group Financial Services recently announced that up2drive.com has been selected by Kelley Blue Book as its exclusive online lender for the kbb.com Web site. An automotive financing Web site that features convenient loan services, up2drive.com is ... [Read More]

RouteOne’s New Partnerships

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently released a plethora of news, including partnerships with Market Scan Information Systems, ProMax Online and new integration between XpressCredit and Automobile Consumer Services on its platform. The most recent news is the fact the company ... [Read More]

Regional Acceptance Names Collection Agency of the Year

Nick Zulovich
GREENVILLE, N.C. — On Monday, Regional Acceptance Corp. named its 2008 Collection Agency of the Year. Accepting this honor is accounts receivable management firm Central Credit Services. This is the fourth year Regional has handed out a Collection Agency of the ... [Read More]

Consumer Perception of Loan Rejection Leads Industry to Lose $10 Billion in 1Q Auto Sales

Nick Zulovich
BANDON, Ore. — The average FICO score for a new-vehicle buyer hit its lowest level since May 2006, according to the latest CNW Research data. This figure came in at 722 in March and includes buyers who financed, leased and paid ... [Read More]

Strategic Marketing Launches Money-Bank Guarantee for Dealers

Nick Zulovich
LOUISVILLE, Ky. — Strategic Marketing recently announced it is now offering direct mail with a no-risk, money back guarantee. This program can give dealers assurance that their advertising funds will be protected and refunded by Strategic Marketing if a certain return ... [Read More]

CarBiz Launches New Web Site

Nick Zulovich
SARASOTA, Fla. — CarBiz announced today that it has launched a new lease-here, pay-here Web site. CarBiz officials said they offer a variety of services to consumers and dealers from buying cars to providing financing and leasing, as well as operating ... [Read More]

VINtek Introduces Dealer Monitoring Program for Lenders

Nick Zulovich
ORLANDO, Fla. — Philadelphia-based VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other auto finance lenders, announced the launch of its Dealer Monitoring Program. The new offering is a risk ... [Read More]

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