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CarMax CMO Sarah Lane on Company’s Journey from Used-Car ‘Challenger’ to ‘Leader’
Friday, Oct. 10, 2025, 02:15 PM
CarMax chief marketing officer Sarah Lane joins the Auto Remarketing Podcast to talk about the company’s new “Wanna Drive?” branding, its omni-channel buying and selling experience, putting the customer in control and how CarMax sets itself apart in an era ... Listen Here
Regulation like vacated CARS Rule rises in California
Friday, Oct. 10, 2025, 02:00 PM
Many dealers likely cheered when the CARS Rule from the Federal Trade Commission was vacated by a federal court at the beginning of the year. But long-time Arizona independent dealer Ace Christian believed it wouldn’t be long before similar regulations ... Listen Here
How EVAI became VMS with co-CEO David Prusinski
Monday, Oct. 6, 2025, 07:40 PM
David Prusinski is now the co-CEO of Vehicle Management Systems (VMS), which previously operated as EVAI. Prusinski shared about how the company arrived at its new brand and what might be ahead for the provider of data analytics and artificial ... Listen Here

Crisis doesn’t slow SoFi in bid to acquire Galileo Financial Technologies

sofi image for web
Wednesday, Apr. 8, 2020, 03:08 PM
Auto Fin Journal Staff
The coronavirus pandemic might be paralyzing many segments of the economy, but a fintech industry acquisition still surfaced this week worth more than $1 billion. On Tuesday, online personal finance company SoFi announced it has signed a definitive agreement to ... [Read More]

Santander Consumer USA, Vroom form multi-year strategic financing relationship

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Wednesday, Apr. 8, 2020, 03:00 PM
Auto Fin Journal Staff
About a week after reinforcing its floor-plan capabilities, Vroom also bolstered its ability to originate financing for its online retailing operation. On Wednesday, Vroom announced a multi-year strategic preferred financing relationship with Santander Consumer USA. The company highlighted the partnership ... [Read More]

PODCAST: Swapalease.com exec retains ‘glass half-full’ view during COVID-19

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Monday, Apr. 6, 2020, 01:40 PM
Auto Fin Journal Staff
Scot Hall, executive vice president of Swapalease.com and Wantalease.com, acknowledged he’s always been a “glass half-full” person. And the coronavirus pandemic hasn’t changed his mindset. Hall joined senior editor Nick Zulovich for another episode of the podcast to discuss how ... [Read More]

Carvana celebrates $600M from investors, schedules online shareholder meeting

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Friday, Apr. 3, 2020, 04:10 PM
Auto Fin Journal Staff
Along with announcing its annual meeting of stockholders will be held in a virtual format only, Carvana this week welcomed the influx of funding it gathered from investors. Through its previously announced initiative, Carvana said it has raised $600 million ... [Read More]

Lightico survey gauges how customers stand with their auto-finance commitments and preferences

lightico graph for web
Wednesday, Apr. 1, 2020, 02:04 PM
Auto Fin Journal Staff
Lightico conducted a customer survey this past weekend and found an overwhelming majority of its auto-finance users — 90.1%, to be exact — currently prefer digital or remote interaction with their provider stemming from the ongoing coronavirus pandemic. Meanwhile, Lightico also ... [Read More]

Carvana looks to generate $600M in latest stock offering

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Monday, Mar. 30, 2020, 05:29 PM
Auto Fin Journal Staff
Just about a week after landing a funding commitment of up to $2.0 billion from Ally Financial, Carvana is turning back to the investment community to generate more financial resources. On Monday morning, Carvana announced the pricing of a registered ... [Read More]

PODCAST: Equifax’s Jennifer Reid on improvements in digital retailing and financing

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Monday, Mar. 30, 2020, 02:50 PM
Auto Fin Journal Staff
Even before the coronavirus pandemic, smoothing the digital retailing and financing processes was a priority for Jennifer Reid at Equifax. For this podcast episode recorded during the Vehicle Finance Conference hosted by the American Financial Services Association back in February, ... [Read More]

TransUnion examines how COVID-19 is changing consumer shopping patterns

online car shopping
Wednesday, Mar. 25, 2020, 01:55 PM
Auto Fin Journal Staff
The coronavirus pandemic has forced more consumers to shop online and dealers and fintech firms to polish their digital retailing endeavors. And fraudsters are sharpening their deceptive tools, too. On Tuesday, TransUnion released new research that quantifies the spike in ... [Read More]

Fiserv acquires Bypass Mobile to reinforce omni-commerce capabilities

acquisition
Wednesday, Mar. 25, 2020, 01:50 PM
Auto Fin Journal Staff
Fiserv bolstered its technology toolbox through an acquisition last week. The global provider of payments and financial services technology solutions announced the acquisition of Bypass Mobile, an independent software vendor (ISV) and innovator in enterprise point-of-sale systems. Officials explained the ... [Read More]

Ally doubles up for Carvana, making up to $2B available

carvana_in philadelphia
Wednesday, Mar. 25, 2020, 01:48 PM
Auto Fin Journal Staff
Ally Financial is making sure Carvana has liquidity to keep its online vehicle retailing machine in motion no matter the challenges the coronavirus pandemic is presenting the industry. Late on Tuesday, Carvana announced a significant increase and extension of its ... [Read More]
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