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SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
Tuesday, Nov. 4, 2025, 09:15 PM
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
Tuesday, Oct. 28, 2025, 02:01 PM
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
Monday, Oct. 27, 2025, 04:17 PM
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here

DealerTrack Hits 475 Financing Sources, Corrects Slight Disruption in Service

Thursday, Jan. 31, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced this week that its number of active financing sources has climbed to 475. Moreover, officials said that industry concerns over a slight interruption in their platform on Saturday and Monday have been resolved. Officials told SubPrime ... [Read More]

National Full-Spectrum Auto Lenders Find Market Challenging

Thursday, Jan. 31, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — The slower economy, which has strained consumer finances and the credit environment has impacted three of the national full-spectrum auto lenders. In fact, all reported that their auto finance business struggled. Giving an overview of Capital One's business, ... [Read More]

PIN: Federal Rate Cut May Ignite More Captive Incentives

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — The recent decrease in the Federal Bank Reserve rate may ultimately lead to more market demand as annual percentage rates for captives and non-captives drop to reflect the change, according to Power Information Network, an affiliate of ... [Read More]

More Small Dealerships Seek Higher Credit Lines

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
NORTHFIELD, Ill. — A recent poll by the Small Business Research Board indicates that more dealers are seeking to increase their lines of credit this year, with almost one-third saying they expect to ask their principal lenders to raise loan limits. ... [Read More]

Finance Express Adds Two New Subprime Lenders to Platform

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced the addition of two more subprime lenders to its platform. Barnett Finance currently serves North Carolina and Virginia and said it has plans to expand to other states in the near future. ... [Read More]

Credit Acceptance Reports Modification to Line of Credit

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has increased the amount of its line of credit facility with a commercial bank syndicate from $75 million to $133.5 million. In addition, officials said the maturity of the line of ... [Read More]

Compli Reaches New Milestone Thanks to Dealers

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli recently announced that its dealer clients have surpassed 2.1 million processed policies, trainings and assessments on its dealership compliance management system. "We are pleased to arrive at this milestone, which is a remarkable 100-percent annual increase for ... [Read More]

Ford Credit Explains Reasons for Year-Over-Year Net-Income Decline

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — This morning, Ford Motor Credit Co. reported that its net income for 2007 was down by $508 million when compared with 2006. Overall, net income came in at $775 million for the year, compared with $1.283 billion a year earlier. ... [Read More]

In Preparation of Going National, Resurgent Auto Finance Applies Fiserv Services

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv recently announced that non-prime lender Resurgent Auto Finance is now utilizing Fiserv Automotive Solutions' loan origination system and decisioning technology. Resurgent Auto Finance, based in Greenville, S.C., was established in September 2007. It specializes in providing funding ... [Read More]

Economic Troubles Force AmeriCredit to Reevaluate

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Higher-than-anticipated credit losses in AmeriCredit's subprime and near-prime portfolios, compounded by weaker recovery rates, are leading the company to trim dealer relationships, tighten lending requirements, reduce expected originations and cut staffing. Basically, the company is reevaluating its ... [Read More]
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