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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

Westlake Financial Expands Dealer Base by 20%, Seeks Further 2010 Growth

Nick Zulovich
LOS ANGELES — Westlake Financial Services announced late last week that it is looking to continue to expand originations through the end of the year and into 2010. As part of this drive, the company has launched a shared-participation program. ... [Read More]

Finance Express Integrates Carfax Reports into Platform

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express announced this week that it has reached a deal to secure access to Carfax Vehicle History Reports. Independent dealers who use Finance Express' technology now can obtain these reports with just a single mouse ... [Read More]

Chase Launches Private Label Customer Financing for Jaguar and Land Rover

Nick Zulovich
GARDEN CITY, N.Y., and MAHWAH, N.J. — This morning, Chase and Jaguar Land Rover North America announced they have enhanced their offerings with the launch of the U.S. private label customer financing brands for Jaguar Financial Group and Land Rover Financial ... [Read More]

Despite Tough Environment, NowAuto Shows Improvements

Nick Zulovich
PHOENIX — Despite a troubled economy that has impacted auto purchasing, charge-offs and defaults, buy-here, pay-here dealer group NowAuto said its performance across various metrics have actually improved. More specifically, NowAuto Group reported that purchases, charge-offs and defaults have, in fact, improved significantly ... [Read More]

CPS Looking to Resume Growth in 2010

Nick Zulovich
IRVINE, Calif. — In reporting third-quarter results, Consumer Portfolio Services' chief executive officer called this period a turning point for the company. Basically, total revenues for the quarter came in at $52.8 million, a drop of about $38.9 million, or 42.4 ... [Read More]

AmeriCredit Changes Up Board of Directors Membership

Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced the addition of Robert Sturges to its board of directors this week. Sturges will take the place of Bruce Berkowitz, who resigned from the board. Sturges currently is the president and chief executive officer of ... [Read More]

J.D Byrider Honors Top Dealers

Nick Zulovich
CARMEL, Ind. — J.D. Byrider recently recognized various dealers as winners of its annual awards during the company's November convention in Rancho Palos Verdes, Calif. The Franchise of the Year winners were chosen in three categories — single (one location), mid (two-three ... [Read More]

Tight Credit Cuts Into Mint Leasing’s Revenue Total

Nick Zulovich
HOUSTON — The Mint Leasing attributed the difficulty in securing adequate credit streams as reasons for its latest revenue figures remaining off as compared to last year. Company executives detailed the situation recently in its quarterly financial report. For the three-month ... [Read More]

Fitch Provides Ratings Outlook for $4.7 Billion in Subprime Auto ABS

Nick Zulovich
NEW YORK — Fitch Ratings recently provided outlooks for 33 classes of subprime auto loan asset-backed securities, and just over half, or 61 percent, gained stable outlooks. Meanwhile, the other 39 percent received a negative outlook. Overall, 33 classes from 17 ... [Read More]

Zoombak Launches Mobile iPhone Application

Nick Zulovich
NEW YORK — Zoombak announced its personal GPS tracking devices can now be accessed via a new application available on the Apple iPhone.  The company's Advanced GPS technology iPhone customers, including those who use the service for GPS repossession and recovery services, ... [Read More]

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