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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

Wells Fargo Auto Finance Names Stagecoach Winners

Nick Zulovich
CHESTER, Pa. — Wells Fargo Auto Finance recently named the recipients of its third-quarter Stagecoach Award. The Stagecoach Award is a quarterly honor that recognizes the achievements of Wells Fargo Auto Finance's best dealers, officials indicated. Winners were selected from ... [Read More]

New Lender Joins RouteOne

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced this week that it has added a new lender to its platform. California-based finance source Gateway One Lending & Finance has joined its Web-based credit application management system. GOLF provides indirect auto lending for a ... [Read More]

Aimbridge Makes First Move for Web-Based Lending Process

Nick Zulovich
ENGLEWOOD, Colo. — Lending Solutions recently launched Loan Generation Services, which is a process to capture members' loan pre-approvals via branch, phone or Web to make them accessible to members and auto dealers via the Internet. According to officials, this solution is ... [Read More]

GMAC: Used Originations Up, But Real Estate Unit Hurt Business

Nick Zulovich
NEW YORK — While GMAC reported strong results in its auto finance and insurance businesses, the company took a hit in its mortgage and credit market on its real estate side, which led the company to report a loss for the ... [Read More]

Wells Fargo, Chase and Capital One Discuss 3Q Auto Finance Results

Nick Zulovich
SAN FRANCISCO, NEW YORK and McLEAN, Va. — Wells Fargo Financial, Chase Auto Finance and Capital One Auto Finance each recently released their third-quarter results, indicating how each company did for the period. Starting with Wells Fargo Financial, which covers real-estate ... [Read More]

Chase Opens New Custom Finance Center

Nick Zulovich
SAN ANTONIO, Texas — Chase Auto Finance has opened a new Custom Finance Business Center to meet the subprime needs of dealers in San Antonio, Texas, which will cover central and southern Texas. Officials said Hu Hunger will manage the new office ... [Read More]

Chrysler Financial, Salesforce Partner

Nick Zulovich
SAN FRANCISCO — In order to streamline its technology, Chrysler Financial has teamed up with Salesforce.com to offer leasing and financing solutions. Through the partnership, Salesforce will provide customized business applications, along with consumer Web applications in order to drive efficiency ... [Read More]

White River Liquidating Union Acceptance

Nick Zulovich
INDIANAPOLIS — White River Capital, which includes subsidiaries Coastal Credit and Union Acceptance Co., recently reported that its net income for the third-quarter was down significantly compared to the same period in the previous year. One of the main reasons for ... [Read More]

AmeriCredit Lowers Origination Expectations

Nick Zulovich
FORT WORTH, Texas — Reviewing AmeriCredit's subprime portfolio, Dan Berce, president and chief executive officer, indicated that it is showing pressure in delinquencies and losses from its 2006 loan vintage. The further seasoning of this vintage has caused the management team ... [Read More]

Hudson Cook Attorney to be Featured Panelist at NADA

Nick Zulovich
HANOVER, Md. — Hudson Cook recently announced that Emily Marlow Beck, a well-known attorney in the firm's Hanover Office, has been invited to participate as a workshop co-panelist at the National Auto Dealers Association's Convention and Expos in San Francisco. As ... [Read More]

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