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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

NABD Releases Final Agenda for Underwriting & Collections Conference

Nick Zulovich
HOUSTON — Earlier this week, The National Alliance of Buy-Here, Pay-Here Dealers announced its final list of speakers and agenda for the upcoming Underwriting & Collections Conference.  More than 600 attendees are expected to participate in the three-day event to be ... [Read More]

Detroit Trading Exchange Hits 1 Million, Announces New Initiative

Nick Zulovich
SOUTHFIELD, Mich. — Detroit Trading Exchange announced Wednesday that more than 1 million finance leads have been traded through its platform in less than a year of operation.  According to officials, since its debut in November of last year, more than ... [Read More]

Nissan Motor Acceptance Honored for Cutting-Edge Technology

Nick Zulovich
NASHVILLE — Nissan Motor Acceptance Corp. recently received the Auto Finance Excellence Award, which was presented to the company for its e-leasing efforts during the Auto Finance Summit Awards Ceremony in Las Vegas. "Perseverance is the key word when considering Nissan ... [Read More]

Asbury Selects DealerTrack as DMS Provider, More

Nick Zulovich
NEW YORK and LAKE SUCCESS, N.Y.  — Asbury announced this week that it has selected DealerTrack as its DMS solutions and technology partner. Asbury's 124 new vehicle franchises currently use DMS systems from three other providers, but will begin systematically replacing ... [Read More]

PIN: Fewer Consumers Showing Negative Equity

Nick Zulovich
WESTLAKE VILLAGE, Calif. — The percent of consumers upside-down on their trades has continued to decline, according to recent analysis released from Power Information Network. "From the third quarter of 2005 to the same period of this year, this measure has ... [Read More]

CIQ Launches Call Buyer Network for Independents to Capture Leads

Nick Zulovich
CLEARWATER, Fla. — Car Buyer Network, a subsidiary of CIQ, recently launched the Car Buyer Network Lead Service, which is a new service designed specifically for the independent dealer market. According to officials, the new lead service can be a cost ... [Read More]

Bank of the West Joins RouteOne

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that Bank of the West, a high-performance, full-service regional financial services company, has joined the growing roster of finance sources on its Web-based credit application management system. The bank caters to customers in ... [Read More]

Westlake Financial Names New President

Nick Zulovich
LOS ANGELES — Westlake Financial Services announced a new president this week as Bruce Newmark departed the company. Taking on the responsibilities is Don Hankey, chairman of the board.  In related news, Westlake said it has also added two executives — Michael ... [Read More]

PassTime Announces New Partnerships

Nick Zulovich
LITTLETON, Colo. — PassTime USA recently announced two new partnerships designed to add more services to the company's repertoire. To kick off the announcements, PassTime said it has teamed up with Summit Funding Group, a Cincinnati-based leasing and financing company.  Thanks ... [Read More]

ADI Adds New Associate Professor

Nick Zulovich
SCOTTSDALE, Ariz. — The Automotive Dealership Institute has added a new associate professor that is a well-known F&I trainer and consultant in the industry. In a new partnership, Rebecca Chernek, president of Chernek Consulting, has agreed to offer classes to help ... [Read More]

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