July 10, 2020
Uncertainty is permeating much of our daily business routines because of the unprecedented ramifications stemming from COVID-19. Nonetheless, the automotive industry again has proven to be resilient, retailing and financing vehicles while quickly making significant operational adjustments. The coronavirus pandemic might have accelerated some changes within automotive that already had taken root. To provide clarity
July 10, 2020
Jeremiah Wheeler, of DRN, will discuss the impacts of COVID-19 on auto collections and recoveries. With fewer cars on the road and more staying parked due to business closures and shelter-in-place orders, vehicle location data may be more accurate than ever. This can help lenders and recovery agents more efficiently locate borrowers and vehicles. In
July 10, 2020
Despite having our world turned upside down, the auto financing industry was able to immediately respond to the quickly evolving circumstances brought on by the pandemic. Each key operational area – sales, credit, servicing, loss management and remarketing – adjusted and responded with a keen focus on the consumers’ needs. Now, buoyed with a stronger