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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Nowcom Launches Dealer Websites

Nick Zulovich
LOS ANGELES, Calif. — Nowcom Corp., a leading providers of dealer management solutions, recently announced the release of its newest used car dealer service, Dealer Websites. This new service, which includes easy to use inventory management, credit applications and a unique ... [Read More]

AmeriCredit Strikes Deal for $2 Billion Forward Purchase Commitment

Nick Zulovich
FORT WORTH, Texas. — In a move AmeriCredit's president and chief executive officer called positive, his company recently announced that it has entered into a one-year, $2 billion forward purchase commitment agreement with Deutsche Bank AG, Cayman Islands Branch. Under this ... [Read More]

VINtek Earns Partnership Honor from DCU

Nick Zulovich
PHILADELPHIA — Digital Federal Credit Union recently named its 2007 Business Partnership Excellence Award, and earning the distinction for the third year in a row was VINtek. According to officials, businesses displaying high levels of quality of service are nominated by ... [Read More]

NAF Reduces Conference Registration Fees

Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association recently announced that it has lowered its registration fees for the upcoming 12th Annual Non-Prime Auto Financing Conference, which is to be held June 4 to 6. "Budgets, especially travel budgets, have been ... [Read More]

Red Flags Rule Publication Released

Nick Zulovich
HANOVER, Md. — CounselorLibrary.com, which publishes auto finance and leasing legal compliance manuals, announced Monday that the first publication in a new series of compliance manuals is now available for purchase. The CARLAW Compliance Series is designed to help dealers tackle legal ... [Read More]

CUDL Reports on Credit Union Performance

Nick Zulovich
RANCHO CUCAMONGA, Calif. — According to the recently released 2008 Auto Lending Business Intelligence Report from CU Direct Corp., credit unions' performance in the auto lending sector in 2007 was on par with those of banks and other lenders. A major ... [Read More]

Zoot Partners with Lenders to Help Them Better Serve Dealers

Nick Zulovich
BOZEMAN, Mont. — Founded in 1994 with Ford being its first client, Zoot has evolved significantly over the years. And now, more than ever, its vice president of product development said the company's services are in high demand. Why? According to ... [Read More]

CNW: Subprime Approvals Drop to Less than 2 Percent of Loans

Nick Zulovich
BANDON, Ore. — Subprime buyers, and the dealers trying to finance them, are finding it more difficult than ever to get approval for a new-vehicle loan, according to Art Spinella, of CNW Research. "For all levels of new-car shoppers — prime, near-prime ... [Read More]

CBA Announces New Bi-Annual Auto Finance Study

Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association announced that it is now offering a bi-annual auto finance study, which covers benchmarks and statistics on indirect auto lending. Compiled by BenchMarch Consulting International, CBA officials call the ramped up version of the ... [Read More]

U.S. Courts Release Final 2007 Bankruptcy Numbers

Nick Zulovich
ALEXANDRIA, Va. — Total bankruptcy filings in the United States increased 37.8 percent last year over calendar year 2006, according to data released today from the Administrative Office of the U.S. Courts. Bankruptcy filings totaled 850,912 for the 12-month period ending ... [Read More]

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