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This Month's Focus

Turbocharged Finance
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Pete MacInnis for web eLEND Solutions survey to gather information going into Used Car Week
Pete MacInnis, eLEND Solutions CEO and founder, is doing plenty of homework before his appearance at Used Car Week, which begins on Nov. 16 in San Diego. MacInnis is generating real-world data for his presentation titled, “Can Machine Learning Fix ... Read More
3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

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]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
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Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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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]

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