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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

Bankruptcy Filings Continue to Climb

Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 17.3 percent nationwide in August from the previous month, according to the American Bankruptcy Institute. Overall consumer filings totaled 74,607 in August, up from the 63,600 filings in July, the group said, relying ... [Read More]

NRC Features Subprime Portfolio Remarketing

Nick Zulovich
CARY, N.C. — Remarketing of subprime portfolios will enjoy the limelight at the upcoming National Remarketing Conference.  Leading a workshop and imparting their insight will be Neil Boardman of Regional Acceptance Corp., and John Scordo of Universal Special Auto Finance. ... [Read More]

ADI Adds RouteOne to Curriculum, Platform Gains New Lender

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced that the Automotive Dealership Institute will now include its Web-based credit application management system as part of the core curriculum for students enrolled in ADI's F&I Management Program. RouteOne will be included as a permanent ... [Read More]

JPMorgan Chase Subsidiary Appoints VP of Sales

Nick Zulovich
ST. JOSEPH, Mo. — Systems & Services Technologies, a subsidiary of JPMorgan Chase, recently appointed Larry Chiavaro as its vice president of sales. Prior to joining SST, the 20-year veteran of the finance industry held senior management positions at GE Capital,  ... [Read More]

AmeriCredit Announces $1 Billion Asset-Backed Securitization

Nick Zulovich
FORT WORTH, Texas — While the subprime mortgage market continues to falter, it doesn't appear to be impacting solid, subprime auto finance companies who want to tap the credit markets to support their business. An example of this is AmeriCredit, ... [Read More]

DealerTrack Updates DealWatch

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced it has added several enhancements to its DealWatch compliance product that are designed to enable dealers to electronically capture, store and manage all of a store's customer-related documents. These updates include DealWatch's new external document ... [Read More]

Compli Partners with Leading Auto Law Firm for Additional Compliance Content

Nick Zulovich
PORTLAND, Ore. — Compli announced it is launching a new effort to expand compliance content through its Dealership Compliance Management System software by aligning itself with leading industry experts who specialize in this arena. In its first step in this effort, ... [Read More]

Sonic Sells Finance Subsidiary

Nick Zulovich
CHARLOTTE, N.C. — On Monday, Sonic Automotive announced it has sold Cornerstone Acceptance Corp., its automotive finance subsidiary. Sonic said it realized cash proceeds of about $33 million from the sale. B. Scott Smith, president and chief strategic officer, reported, ... [Read More]

VantageILM Adds Director of Product Management

Nick Zulovich
PASADENA, Calif. — VantageILM, a provider of integrated lender/leasing management solutions for finance firms, banks, leasing companies and credit unions, announced late last week that it has added Shawn Keller to its management team. As director of product management, Keller ... [Read More]

Lenders, Are You Leaving Money On The Table?

Nick Zulovich
HUNT VALLEY, Md. — Sure, it takes time, money and patience to chase after primary insurance proceeds on repossessed vehicles. Sometimes it's just easier to wash your hands of it. Or is it? RecoveryPro is a specialized, affordable asset protection ... [Read More]

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