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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
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Flex Fund Establishes Corporate Headquarters, Announces Partnerships

Nick Zulovich
YORBA LINDA, Calif. — In addition to reporting two new partnerships, Flex Fund Financial Services LLC, which specializes in providing inventory financing, announced it has relocated to a larger corporate headquarters in Yorba Linda, Calif. "Our new offices better accommodate our ... [Read More]

Compli, AAS Partner to Expand California Services

Nick Zulovich
PORTLAND, Ore. — Compli and Auto Advisory Services announced they are collaborating to expand Compli's Dealership Compliance Management System with additional products and services to help California dealerships effectively manage the broadening compliance requirements. AAS and Compli said they plan to ... [Read More]

Auction Execs, GMs Offer Advice on Finding Inventory, Discuss Prices, More

Nick Zulovich
ATLANTA — Buy-here, pay-here and special finance dealers had to tighten their belts during recent years as the wholesale cost of older units has risen, leading dealers to either lower their standards for purchases or charge their customers higher payments to ... [Read More]

DriveTime Moves to New Loan Servicing Center, Adds 400 Employees

Nick Zulovich
PHOENIX — DriveTime recently announced it is moving its loan services and operations center from Gilbert, Ariz., to a larger facility in Mesa, Ariz. The company also said it plans to hire 100 employees for the new center in the next ... [Read More]

Burns Named Chief Legal Officer for Drive Financial

Nick Zulovich
DALLAS — Eldridge Burns Jr. has been named chief legal officer and general counsel for Drive Financial Services. Executives said Burns came to Drive after serving as vice president and senior corporate counsel for Blockbuster, where he managed real estate, mergers ... [Read More]

Carfax ServiceLink Retains Service to Promote Dealers, Company Offers Flooded-Vehicle Stats

Nick Zulovich
CENTREVILLE, Va. — From free advertising for their service department to helping their customers lift the resale value of their vehicle by about 15 percent, dealerships have much to gain by registering their maintenance records with the Carfax ServiceLink program, at ... [Read More]

Experian Shares Trends in Borrowing

Nick Zulovich
IRVINE, Calif. — Experian Consumer Direct recently discovered that the percentage of consumers opening new auto loans has declined 17.5 percent from 2001. However, the company also reported that the percentage of consumers at least 90 days late on a payment ... [Read More]

Pavlicek Leaves AmeriCredit, Company Goes Full-Spectrum

Nick Zulovich
FORT WORTH, Texas — AmeriCredit officials confirmed Wednesday that Gayle Pavlicek, former senior vice president of remarketing, has left the company to start her own business. Taking over the reins for the interim will be Scott France, executive vice president ... [Read More]

First Advantage Credco Verifies Half a Million Identities

Nick Zulovich
POWAY, Calif. — First Advantage Credco, a wholly owned subsidiary of First Advantage Corp., announced that BuyerID has assisted dealers in verifying more than 500,000 consumer identities in more than 1,100 dealerships nationwide since it was launched in late May. BuyerID ... [Read More]

Chrysler Financial Joins Oxlo’s Dealer Integration Network

Nick Zulovich
BROOMFIELD, Colo. — Oxlo Systems and Chrysler Financial announced they have partnered so Oxlo can provide Chrysler Financial with integration services for the captive's new Star compliant AutOrigination. Oxlo said it will work with DMS and F&I application vendors to ensure ... [Read More]

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