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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

PassTime Launches New Company Via Joint Venture

Nick Zulovich
LITTLETON, Colo. — PassTime announced that it has formed a joint venture with the Astrata Group. The new company, which will be majority owned and controlled by Astrata, will be known as PassTime Telematics Inc. (an Astrata Group Co.). Passtime Telematics ... [Read More]

NABD Releases Preliminary Agenda for Annual Conference

Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers announced the preliminary agenda for its 11th Annual National Buy-Here, Pay-Here Conference to be held May 12-14, 2009, in Las Vegas. Officials expect the program to be the largest BHPH conference in the ... [Read More]

VINtek Can Help Lenders Gain Current LTV Measurements

Nick Zulovich
PHILADELPHIA — VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, announced an increase in demand for its AUTOval portfolio optimization analysis. Apparently, more auto lenders seeking to determine ... [Read More]

GMAC Canada Discusses Impact of Tighter U.S. Credit Markets, More

Nick Zulovich
TORONTO — As parent company GMAC Financial services applies to become a U.S. bank holding company, GMAC of Canada discussed how this move could impact the Canadian industry in a positive way and also shared possible initiatives it may take to hurdle ... [Read More]

J.D. Power Ranks Lenders by Consumer Satisfaction

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Releasing its 2008 Consumer Financing Satisfaction study today, J.D. Power and Associates reported that two import financial arms and one domestic captive took top honors in the various segments analyzed. More specifically, BMW Financial Services, Ford Credit and ... [Read More]

ABI: Bankruptcy Filings Down a Bit from October

Nick Zulovich
ALEXANDRIA, Va. — Overall, according to the American Bankruptcy Institute, bankruptcy filings dipped slightly from October; however, they remained up 39.2 percent in November over the same period in 2007. Relying on data from the National Bankruptcy Research Center, ABI reported ... [Read More]

AWARE: Military Members More Prepared, Satisfied with Auto Financing Process

Nick Zulovich
WASHINGTON, D.C. — Military members know the value of preparation, and they use that knowledge when financing a vehicle, which generally leads to higher satisfaction, according to a recent survey by Americans Well-informed on Automobile Retailing Economics. Apparently, military members lead ... [Read More]

OnlineBKmanager.com Upgrades Marketing System

Nick Zulovich
PHOENIX — OnlineBKmanager.com announced a major overhaul of its Web-based marketing system this week. "Due to the current subprime automotive lending environment, BK marketing is more valuable than ever," said Robert Davies, president of www.OnlineBKmanager.com.  "We have hundreds of dealers logging ... [Read More]

Reaction Mixed to Treasury’s TALF Program

Nick Zulovich
NEW YORK — According to U.S. Structured Finance, initial market reaction to the U.S. Treasury's recently introduced TALF program is mixed. Basically, one of the goals of this new program is to make auto loans more available for consumers. "While some ... [Read More]

Subprime Credit Loss Analysis Can Show You the Money

Nick Zulovich
HOUSTON — During the last year the credit markets have tightened significantly for the subprime industry. This contraction of capital threatens the ability of many buy-here, pay-here dealers to continue in business. Without capital, BHPH dealers can't grow or even replace ... [Read More]

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