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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

NAF Reports Growth in Nonprime Auto Finance Industry

Nick Zulovich
HANOVER, Md. — The nonprime auto finance industry is gaining momentum, according to the 23 companies that participated in the National Automotive Finance Association's annual Nonprime Automotive Financing Survey. Overall, the study reported a cumulative increase in loan originations of ... [Read More]

RouteOne Rolls Out eContracting Pilot

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced Thursday that its eContracting solution, jointly developed by DaimlerChrysler Financial Services, Ford Motor Credit Co., GMAC and Toyota Financial Services, has been deployed for pilot to a limited number of select Toyota and Lexus ... [Read More]

Chase’s Subprime Exec. Discusses Expansion

Nick Zulovich
GARDEN CITY, N.Y. — Shortly after the merger of Bank One and Chase in 2004, Chase realized there was a strong growth potential in the subprime auto lending market and soon focused on expanding these services for dealers. Since then, ... [Read More]

Auto Financial Group Partners with Credit Union Services

Nick Zulovich
HOUSTON — Auto Financial Group, an online provider of residual-based financing products for credit unions, announced it has signed a deal with Credit Union Services. Under the deal, AFG is responsible for marketing CUSI's vehicle lease solution to other credit ... [Read More]

Chrysler Financial Rolls Out eContract Nationally

Nick Zulovich
TRAVERSE CITY, Mich. — Chrysler Financial is in the process of rolling out eContract to its dealers and said it has already booked more than 1,000 eContracts, with more than 100 Chrysler Group dealers in 11 states using the program. ... [Read More]

Sundaram’s Title Changes Under DealerTrack Internal Management Appointments

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings recently said it appointed six executives to new roles in order to enhance DealerTrack's customer focus, innovation and scalability. As part of these changes, Raj Sundaram, current president of ALG, will become senior vice ... [Read More]

Internal Wells Fargo Merger Leads to Launch of Full Spectrum Pricing Program

Nick Zulovich
SAN FRANCISCO — Wells Fargo Financial recently announced it's expanding the range of consumer credit ratings it finances through the launch of Full Spectrum Pricing in its auto finance division. Company executives said this new offering is designed to offer ... [Read More]

J.D. Power: Dealer Satisfaction Brings More Business to Financial Providers

Nick Zulovich
WESTLAKE VILLAGE, Calif. — Dealers who are happy with their financial providers will send more business to those providers in the future, according to the J.D. Power and Associates 2006 Dealer Financing Satisfaction Study. However, the study also found that ... [Read More]

CAR Financial Services Partners with Payment Protection Systems

Nick Zulovich
ATLANTA, Ga. (Aug. 11, 2006) — CAR Financial Services, which is an affiliate of CompuCredit Corp., announced it has teamed up with Payment Protection Systems to assist buy-here, pay-here dealers. Through the partnership, CAR Financial Services will now be able ... [Read More]

AmeriCredit: 4Q Loan Originations Up, Charge-Offs Down

Nick Zulovich
FORT WORTH, Texas (Aug. 9, 2006) — Thanks to solid loan originations and fewer charge-offs, AmeriCredit executives said business in the fourth quarter of the 2006 calendar year continued to prove strong. Quite simply, executives credited a favorable economic environment ... [Read More]

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