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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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

DriveSmart Warranty gives trip to Daytona to winners of online racing campaign

award winner
SubPrime Auto Finance News Staff
DriveSmart Warranty waved the checkered flag and online race winners will be going all the way to Daytona. On Friday, the administrator of vehicle protection services announced contestant Tucker Minter and streamer Casey Kirwan were the grand prize winners of ... [Read More]

Credit availability closes 2023 on notable slide

SubPrime Auto Finance News Staff
Evidently finance companies weren’t in much of a giving mood this holiday season since credit availability deteriorated in December, according to the Dealertrack Auto Credit Availability Index. Cox Automotive reported that index declined in November and dropped another 0.9% to ... [Read More]

New FTC rule delayed by dealer activity in federal appeals court

SubPrime Auto Finance News Staff
Dealers will get their time in court. Late on Thursday, the Federal Trade Commission issued an order postponing the effective date of the Combating Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending from the ... [Read More]

COMMENTARY: Why lenders should leverage the power of multi-channel digital communications

Solutions by Text secures $110M led by Edison & StepStone
Andres Huertas, Conecta Marketing Group
Digital marketing of lending products is an area that not only has bigger regulatory compliance — CFPB, FCC, states, you name it — but also bigger scrutiny from companies like Google and Facebook. (They even have a unique set of ... [Read More]

USED CAR WEEK 2023 PODCAST: Boosting repo percentages via compliance

Podcast
SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation and discussion with Holly Balogh and Stamatis Ferarolis of RISC titled, “Improve Repossession Percentages ... [Read More]

Nowlake partners with Salient to use generative AI

SubPrime Auto Finance News Staff
Nowlake, the fintech division of Westlake Technology Holdings and underpinning for the finance company, finalized a partnership this week with Salient to bring generative artificial intelligence to its customer offerings. An expert in voice technology, Salient said its solution was ... [Read More]

PODCAST: Tackling complaints with Hudson Cook’s Patty Covington

Podcast
SubPrime Auto Finance News Staff
Hudson Cook partner Patty Covington is back on the Auto Remarketing Podcast to tackle a tricky situation for finance companies. Covington explained how there are different kinds of complaints finance companies often face. She then offered some recommendations for how ... [Read More]

F&I Sentinel to acquire cancellation tool from Cox Automotive

SubPrime Auto Finance News Staff
For the second time in a little more than a month, Cox Automotive is liquidating an asset. On Tuesday, F&I Sentinel announced it has reached a definitive agreement to acquire Express Recoveries from Cox Automotive. As part of the transaction, ... [Read More]

PODCAST: Wide-ranging F&I conversation with Travis Wools of Protective Asset Protection

Podcast
SubPrime Auto Finance News Staff
In this episode of the Auto Remarketing Podcast, we reconnect with Travis Wools of Protective Asset Protection to recap the company’s latest dealer survey about F&I and more. Wools shared how dealers are approaching traditional F&I activities as well as ... [Read More]

A2C expands availability of compliance solutions via NCM

compliance pic
SubPrime Auto Finance News Staff
Two dealership service providers want stores to be ready for what the Federal Trade Commission is asking them to do, so they formed a new partnership this week. Accelerate2Compliance (A2C) announced the expanded availability of its dealership compliance solutions through ... [Read More]

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