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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
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Consumers Can Now Complain Easier to Federal Reserve

Nick Zulovich
WASHINGTON, D.C. — It just became easier for consumers to complain to the Federal Reserve about issues with banks and financial institutions. Earlier this week, the Fed introduced Federal Reserve Consumer Help, which is a new centralized resource that consolidates and ... [Read More]

Kia Motor Finance Opens New Southeast Center for Dealers

Nick Zulovich
AUSTELL, Ga. — Kia Motor Finance Co. recently held grand opening ceremonies for its new Southeast Regional Service Center in Austell, Ga. The new center will provide full retail credit and funding services for Kia dealers in the Southern and Eastern ... [Read More]

Tom Hudson Offers Special Finance (Legal) Tips and Insights

Nick Zulovich
HANOVER, Md. — This issue's theme is "Special Finance Tips and Insights." Since I do the legal stuff, you'll note the amended title to this article. Insights first: 1. From a legal standpoint, a dealer's contract and related documents (I'm ... [Read More]

MenuVantage Adds Service Payment Plan to Platform

Nick Zulovich
ORLANDO, Fla. — MenuVantage recently announced that Service Payment Plan has joined its nationwide network of active F&I providers. According to officials, SPP is a leader in administering interest-free payment plans for service contracts on new and used vehicles for both ... [Read More]

Consumers Worry How Mortgage Challenges Will Impact Auto Loans

Nick Zulovich
LOS ANGELES — As the challenges in the subprime mortgage market continue to play out, a new survey indicates that Americans shopping for car loans and other forms of credit are beginning to get nervous. The survey of 1,000 consumers was ... [Read More]

Compli Announces Partnerships to Help Protect Calif. Dealers from Liability

Nick Zulovich
PORTLAND, Ore. — As part of Compli's effort to expand legal protections for dealerships nationwide, it recently announced it has teamed up with Venable to provide California stores with the latest regulatory, compliance-related training content available. Venable, which specializes in ... [Read More]

Non-Prime Lender Joins XpressCredit Platform

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit recently announced that non-prime lender Merrick Bank has joined its platform to help motorcycle dealers offer indirect loans to their customers.   Merrick Bank is a national non-prime leader in providing boat and RV loans, as well as ... [Read More]

Compliance and Market Challenges Focus of NABD Conference

Nick Zulovich
HOUSTON — About 400 dealers and vendors descended on Houston earlier this week for the National Alliance of Buy-Here, Pay-Here Dealers Underwriting & Collections Conference. As usual, a variety of industry experts, finance professionals and dealers were on hand at the ... [Read More]

GM Canada Offers New Incentives

Nick Zulovich
OSHAWA, ONTARIO — General Motors of Canada announced late last week it is offering several new deals for consumers. Included in these incentives are the following: —Coverage for a 1 percent GST reduction for cash/finance customers until the updated GST rate ... [Read More]

First Advantage CREDCO Partners with Advent Resources

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO announced Monday it has partnered with software company Advent Resources. As part of this deal, the company is planning to use Advent Resources customer relationship management program in its prospector Internet, bankruptcy and lead operations. Officials note ... [Read More]

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