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This Month's Focus

Turbocharged Finance
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Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
CarLocal.io enhances automotive AI answer engine
Your family group chat might now be filled with images created with artificial-intelligence tools that highlight what your aunt would look like with a different hairstyle or your uncle’s appearance if he dropped 50 pounds. Car shoppers are also using ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
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

Zag Names New President, COO

Nick Zulovich
SANTA MONICA, Calif. — Zag recently announced it has named a new company president and chief operating officer. Automotive industry e-commerce innovator Chris Porch has joined the company in this role. According to officials, Porch is a hands-on leader who excels ... [Read More]

Early Bird Deal on Booths for Leedom Conference Ends This Month

Nick Zulovich
SARASOTA, Fla. — Leedom and Associates is preparing for its 14th Annual National Special Finance and Buy-Here, Pay-Here Conference, which is slated for Oct. 12-14 at Caesars Palace in Las Vegas. The company announced that the deadline for early bird deals ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
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Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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The Evolution of the Repossession Industry

Nick Zulovich
DAYTONA, Fla. — The majority of professionals in the repossession industry are just that – professionals. To get an idea of the demands on these professionals today and just how the industry has evolved over the years, Auto Remarketing interviewed four ... [Read More]

Compli Launches Red Flags Toolkit

Nick Zulovich
PORTLAND, Ore. — Compli announced the release of its Red Flags Toolkit today, which was developed in collaboration with Michael Benoit, a partner at Hudson Cook, LLP. The Red Flags Toolkit, available at no extra charge to current and future customers ... [Read More]

Edmunds.com Presents Confessions of an Auto Finance Manager

Nick Zulovich
SANTA MONICA, Calif. — The auto finance manager's office, where most vehicle purchases are finalized at dealerships, is a treacherous place for consumers, according to Edmunds.com. To help consumers navigate this arena, the company recently announced that it has followed up on the ... [Read More]

Fitch: Auto ABS Losses to Continue to Climb

Nick Zulovich
NEW YORK — While tax rebates appeared to help consumers with paying down their debts, going forward, consumers will struggle with their bills and Fitch Ratings said it sees subprime auto losses climbing even more into the summer. More specifically, the ... [Read More]

Wachovia Announces Goal to Reduce Long-Term Auto Loans, More

Nick Zulovich
CHARLOTTE, N.C. — Wachovia recently announced that its vehicle finance division is working to reduce the percentage of seven-year auto loans it is offering to consumers, setting a goal of 2 percent compared with a high of 6.5 percent. Moreover, the company reported ... [Read More]

To Help Dealers Improve Closing Ratios, Wolters Kluwer Launches RefundOne

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced the launch of RefundOne this week. Specifically designed for the auto dealership market, it is a patent-pending, integrated credit application and tax preparation service. RefundOne combines Wolters Kluwer Financial Services' AppOne dealership portal and ... [Read More]

The Encyclopedia of F&I Management Now Available Via E-Book

Nick Zulovich
SCOTTSDALE, Ariz. — The Automotive Dealership Institute recently announced that its first edition of the Encyclopedia of Finance and Insurance Management is now available through e-book at a limited-time cost of $49.95. This document comes in a PDF and covers almost ... [Read More]

MenuVantage Reaches New Milestone, Details Company Growth

Nick Zulovich
ORLANDO, Fla. — MenuVantage recently announced that since it was introduced in the third quarter of 2004, the company has quickly expanded and just recently achieved a major milestone of $1.5 billion in F&I product sales for its auto dealer clients. ... [Read More]

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