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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
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

RouteOne, MJL Enterprises Complete Integration

Nick Zulovich
FARMINGTON HILLS, Mich. — This week, RouteOne announced it has completed integration with MJL Enterprises. The RouteOne/MJL Enterprises integration is now available to dealers in the U.S. and Canada, executives indicated. Utilizing MJL Enterprises' program FIRST (Finance & Insurance Reporting & ... [Read More]

Xpress Credit Adds Two Subprime Lenders

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit recently announced it has partnered with two lenders to expand its options to new- and used-car dealers.   One of its new partners, Penn Acceptance Corp., provides dealerships with finance solutions for "A to D credit" customers. Customer ... [Read More]

CNW Forecasts Residuals

Nick Zulovich
BANDON, Ore. — One of the topics tackled in CNW Research's most recent analysis of the marketplace was residuals. And interesting enough, the company found that two domestics appear to be gaining ground. "Ford, after years of seeing its index decline, ... [Read More]

Away for the Holidays

Nick Zulovich
CARY, N.C. — SubPrime News Update will not be published again until Jan. 3 to give its staff an opportunity to celebrate the holidays. The team at SubPrime Auto Finance News wishes its readers and advertisers a wonderful holiday season. "We'd ... [Read More]

RouteOne Teams Up with TDEC

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that it has partnered with TDEC. The deal will integrate TDEC's imaging and data entry services with RouteOne's eContracting image and data services delivery platform, according to officials. RouteOne dealers can now submit paper ... [Read More]

Daimler Financial Relocates Jobs, More

Nick Zulovich
FARMINGTON HILLS, Mich. — Daimler Financial Services Americas, which comprises Mercedes-Benz Financial and Daimler Truck Financial, recently announced it will be adding more jobs to its Southeast Michigan region, along with finding a unique way to celebrate the holidays. According to ... [Read More]

J.D. Power Reports on Consumers’ New-Vehicle Financing Satisfaction

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Who takes top honors when it comes to satisfying customers in the new-vehicle financing process? J.D. Power and Associates recently measured this and released its results this week. The factors taken into account in the ranking process ... [Read More]

Compli, Hudson Cook, AAS Partner to Offer Adverse Action Assistance to Dealers

Nick Zulovich
PORTLAND, Ore. — In its continuing effort to assist auto dealerships nationwide in building and enhancing their compliance practices, Compli, in collaboration with Hudson Cook and Auto Advisory Services of California, announced the release of a new Adverse Action Compliance Program, which ... [Read More]

CarBiz Gains New State License, Strikes Software Deal

Nick Zulovich
SARASOTA, Fla. — CarBiz announced that it has received a dealer license for the state of Iowa. With this license obtained, CarBiz said it has begun full operations at two Iowa locations in Sioux City and Council Bluffs. The company now ... [Read More]

Ford Credit Provides Help to Natural Disaster Victims in Two States

Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit Co. announced it is offering Washington and Oregon customers affected by the flooding and mudslides the opportunity to delay some car payments. Ford Motor Credit's Disaster Relief Program allows qualified customers to delay one ... [Read More]

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