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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
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

AFSA Reports Latest News in Auto Sector

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association recently shared its latest information on happenings in the auto industry, touching on dealers' acceptance of e-contracting, New York leasing suit and more. AFSA Vehicle Finance Panel Tackles E-Contracting At the recent AFSA ... [Read More]

Chase, Capital One and Wells Fargo Discuss Auto Finance Results, More

Nick Zulovich
NEW YORK — Chase, Capital One and Wells Fargo recently released data showing how each company faired during the full-year and fourth-quarter. In each company's respective report, executives took time to discuss the performance of their auto finance segments. As results ... [Read More]

Automotive Credit Corp. Celebrates 15 Years of Serving Dealers, Subprime Customers

Nick Zulovich
SOUTHFIELD, Mich. — Established 15 years ago in Michigan, Automotive Credit Corp. began by providing indirect lending services to a select group of dealers in the state. Today, the regional lender works with both franchised and independent dealers and has slowly ... [Read More]

AppOne Offers Overview of 2006 Growth

Nick Zulovich
BATON ROUGE, La. — AppOne recently reported on its growth that occurred during 2006, saying it focused on increasing participation in its dealer and lender networks and continued the national rollout of its products and services. An overview of the company's ... [Read More]

PassTime USA Launches Elite

Nick Zulovich
LITTLETON, Colo. — PassTime USA announced it has launched an Elite product with the help of its partner, Wavecom. The updated program uses a global system for mobile communications technology to offer wireless and GPS-based functions for its dealer and lender ... [Read More]

ABA: Direct, Indirect Auto Loan Delinquencies Up Slightly

Nick Zulovich
WASHINGTON, D.C. — Late payments for most consumer loans rose in the third quarter of 2006, according to the American Bankers Association's Consumer Credit Delinquency Bulletin. In the auto industry, direct auto loan delinquencies increased to 1.87 from 1.72 percent and ... [Read More]

Flex Fund Launches Flexible Trade-Ins, More

Nick Zulovich
YORBA LINDA, Calif. — Flex Fund Financial Services LLC recently introduced Flexible Trade-Ins to finance dealers' trade-in vehicle transactions that involve outstanding loan balances, according to officials.  Dealers have the opportunity to use the new program to immediately pay-off loan balances ... [Read More]

MAFS Introduces New Marketing Initiative

Nick Zulovich
ATLANTA — Taking advantage of the recent President's Day, Manheim Automotive Financial Services rolled out a new marketing initiative throughout the company's auctions that features larger-than-life replicas of past presidents. MAFS officials said this is the first national advertising campaign the ... [Read More]

Finance Express Responds to DealerTrack Lawsuits

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express reported that it responded to DealerTrack's lawsuits by filing counterclaims, which are pending in the court system.   The legal battle concerns the property rights over computer-implemented credit application routing systems and methods of ... [Read More]

Westlake Financial Names Newmark President

Nick Zulovich
LOS ANGELES, Calif. — Westlake Financial Services recently named Bruce Newmark as president. He succeeds James Vagim, who has served as Westlake's president since 1998. Prior to this new role, Newmark served as the company's chief operating officer, overseeing all aspects ... [Read More]

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