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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

Leedom and Associates Names New Moderator

Nick Zulovich
SARASOTA, Fla. — In response to growing demand, Leedom and Associates said it has added a new twenty group moderator and consultant. The firm recently named Robert Selby as a twenty group moderator and special finance consultant. According to officials, ... [Read More]

DealerTrack Launches Leads Program for Dealers

Nick Zulovich
LAKE SUCCESS, N.Y. — At its Innovation Conference in Las Vegas, DealerTrack announced the launch of a new leads program for dealers. The company has introduced DealerTrack Leads Network, which allows dealers to purchase leads at market price. "We believe the ... [Read More]

RouteOne Recognizes Lenders

Nick Zulovich
LAS VEGAS — This week, RouteOne announced the winners of the Captive and Non-Captive 'Funder of the Year' awards in Las Vegas. For the second straight year, readers of F&I magazine (which voted for their favorites) selected GMAC and Wells Fargo ... [Read More]

New Lender Joins Finance Express

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced an addition to its platform. Joining Finance Express is Consumer Portfolio Services. CPS is a specialty finance company that provides indirect auto financing to borrowers with past credit problems, low incomes or limited ... [Read More]

SmartMove Auto Announces Debt Financing Transaction

Nick Zulovich
DENVER — SmartMove Auto announced that it has completed a $30 million debt financing. The company has a chain of used stores that focus on subprime customers through buy-here, pay-here and rent-to-own business models. Morgan Keegan & Co. acted as sole ... [Read More]

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]

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]

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