Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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

XpressCredit Names Business Development Manager

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit recently announced a new business development manager. Taking on that position is Richard Weaver. With more than seven years of auto sales and finance experience, Weaver has worked with a variety of dealerships in Mississippi and ... [Read More]

Prestige Financial Recognizes Top Dealers

Nick Zulovich
SALT LAKE CITY — For the second consecutive year, Earnhardt Auto Centers in Phoenix and Dallas-based DriversSelect were named the best among 12 recipients of Prestige Financial's annual True Partnership award. The awards are given to dealers who have shown an extraordinary ... [Read More]

PIN: Captives Gaining Ground

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Recent analysis from Power Information Network discovered that market share penetration by captives grew by more than 5 percent in the fourth quarter of 2007 versus the same period in 2006. "Industry-wide rates have dropped by more ... [Read More]

Michigan Auto Title Service, Recovery Database Network Partner to Help Lenders

Nick Zulovich
SHELBY TOWNSHIP, Mich. — Michigan Auto Title Service and Recovery Database Network announced today that they have started the process of integrating their software products to will allow mutual customers to seamlessly confirm liens and process title requests.   The M.A.T.S. Request ... [Read More]

CarBiz Receives Nebraska License

Nick Zulovich
SARASOTA, Fla. — CarBiz announced that it has received a dealer license for the state of Nebraska. With this approval, the company said it has begun full operations at two Nebraska locations in Omaha. "CarBiz became the fourth largest buy-here, pay-here business ... [Read More]

Federal Reserve Reports on Auto Loan Averages

Nick Zulovich
WASHINGTON, D.C. — According to the Federal Reserve, consumer credit increased at an annual rate of 7.5 percent in November. Meanwhile, revolving credit increased at an annual rate of 11.25 percent and non-revolving credit increased at an annual rate of 5 ... [Read More]

Researchers Explain Why Subprime Loans Default

Nick Zulovich
CAMBRIDGE, Mass. — A recent report from the National Bureau of Economic Research analyzed the trends of subprime auto defaults at a large U.S. financial institution. The data taken into account during the analysis included applications and sales from June 2001 ... [Read More]

GMAC Insurance Expands Product Suite for Dealers

Nick Zulovich
SOUTHFIELD, Mich. — Late last week, GMAC Insurance announced it is launching new additions to its suite of technology-based solutions for dealers. Combined with ongoing training and support, IntelliMenu(SM) and IntelliTracker(SM) provide a state-of-the-art, custom-designed, menu-selling process with the potential to ... [Read More]

RouteOne Reports Increased Partners, More Non-Captive Traffic

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that it is entering the new year with 250 finance sources signed to its Web-based credit application management system, up nearly 75 percent from early 2007. "The tremendous growth in the number of finance ... [Read More]

Leedom Group Launches ACH Collector

Nick Zulovich
SARASOTA, Fla. — ACH Collector is the latest addition to the Leedom Group's growing list of product offerings, and is designed to enhance profitability for buy-here, pay-here operators by taking full advantage of the technology their customers are already using. ACH ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X