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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

GM Dealers with Non-Branded Stores to Benefit from GMAC’s Independence

Nick Zulovich
DETROIT — Now that GMAC is no longer linked exclusively to General Motors, it plans to grow its portfolio, moving from defense to offense. While plans are not set in stone, one opportunity the company plans to pursue is expanding ... [Read More]

AmeriCredit to Acquire Near-Prime Indirect Lender

Nick Zulovich
FORT WORTH, Texas — As a part of AmeriCredit's growth plan, it announced its subsidiary, AmeriCredit Financial Services, is in the process of purchasing Long Beach Acceptance Corp., the near-prime auto finance subsidiary of ACC Capital Holdings. AmeriCredit Financial Services said ... [Read More]

Van Wagenen Financial Services Partners with Lee & Mason

Nick Zulovich
Eden Prairie, Minn. — Van Wagenen Financial Services has teamed up with Lee & Mason of Maryland to provide insurance and tracking services to financial institutions. As a part of this partnership, both companies' sales forces will be combined into a ... [Read More]

Banking Department to Participate in PIADA Education Sessions

Nick Zulovich
HARRISBURG, Pa. — Independent dealers in the Keystone State will now have the opportunity to meet and discuss examination and licensing issues with the Commonweath Department of Banking staff at education sessions hosted by the Pennsylvania Independent Auto Dealers Association. "We ... [Read More]

DealerTrack Processes 18.8 Million Transactions

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings recently announced that transactions processed through its DealerTrack network for the third quarter came in at 18.8 million, a 29 percent increase from about 14.6 million in the third quarter of 2005. DealerTrack Holdings ... [Read More]

Groups Offer Insights into Pending Federal Identity Theft Regulations

Nick Zulovich
PORTLAND, Ore. — Compli, the National Independent Auto Dealers Association and the American Financial Services Association recently offered input on the proposed Red Flag Rules to educate dealers and executives in the industry on the upcoming changes. Compli said it is ... [Read More]

BHPH Opportunities in the Alternative Financial Services Marketplace

Nick Zulovich
HOUSTON — Everyone knows how important banks and financial institutions are to our national economy and to the capital markets. However, few people are aware of another emerging market called "alternative financial services," which now includes an estimated 80 million unbanked ... [Read More]

Chase Opens New Custom Finance Office in Albany

Nick Zulovich
ALBANY, N.Y. — Chase Auto Finance announced it has opened a new Custom Finance Business Center in Albany to better meet the need of dealers in the upstate New York area. Anji Trinci will manage the new office at 1 Marcus ... [Read More]

Subprime Execs Emphasize the Importance of Recon in Driving Wholesale Prices

Nick Zulovich
SAN DIEGO — Subprime retail sales will continue to increase in the coming years, and the inevitable result — a rise in repossessions — will fuel growth in the subprime wholesale market, agreed a panel of subprime lenders at the National Remarketing Conference ... [Read More]

AppOne Releases Aftermarket Feature, More

Nick Zulovich
BATON ROUGE, La. — AppOne recently announced the release of Menu One, a new feature that displays enhanced financing options or aftermarket products through the company's Web-based portal. The company also said it has teamed with First Advantage Credco to provide ... [Read More]

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