It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs and artificial intelligence in general remaining a hot topic for lenders and consumers alike. In […] [Read More]

At the end of Q2 2026, the New York Federal Reserve reported that loan originations hit a record $211 billion, the highest figure in the Fed’s data history. At the same time, lenders continued to extend credit to an increasing number of borrowers with lower credit scores, even as many of them transitioned into serious […] [Read More]

Fuel prices are affecting wholesale vehicle values more dramatically as the year goes on, according to the latest Manheim Used Vehicle Value Index analysis. Although fuel costs have been plaguing consumers most of the year, they became a more visible factor in wholesale market analysis in the third quarter Large pickups and SUVs are not […] [Read More]

The latest development to germinate from Cox Automotive’s acquisition of Fullpath bloomed on Thursday. It’s an upgrade for VinSolutions. Cox Automotive said all mutual Fullpath and VinSolutions clients will have an embedded customer data platform (CDP) bolstered with artificial intelligence insights powered by Fullpath technology. “Other CDPs are mostly focused on data ingestion, structuring and […] [Read More]

These days, dealers don’t just sell cars. They provide mobile services. They’re social media influencers and content creators. They’re entrepreneurs and investors in business ventures outside the dealership lot. They build technology. They find a niche in the market, like used electric vehicles, and focus on being an expert-led specialty boutique. Auto Remarketing and Used […] [Read More]

Just three days after the Federal Trade Commission dismissed its complaint against Asbury Automotive Group over allegations of “payment packing,” the regulator on Thursday secured a settlement with Greenway Auto Group. The settlement involves another lawsuit alleging Greenway advertised prices that “were thousands of dollars below what it actually charged,” according to the FTC, which […] [Read More]

The O’Brien Auto Team has expanded its presence in Kentucky, acquiring Jack Kain Ford in Versailles, Ky., according to a news release from Performance Brokerage Services, which advised on the sale. In a statement on behalf of the Kain family, Bob Kain said, “After 67 years as a family-owned dealership, making the decision to sell […] [Read More]

Along with giving individual awards and recognizing agencies that have reached significant milestones of membership involvement, the American Recovery Association installed its board of directors during its recent annual convention in Frisco, Texas. “I have only been on the board for a couple of years and have served as your president for about a year, […] [Read More]

Hudson Cook partners Patty Covington and Eric Johnson got to switch from litigators to educators again this week when they led the 2026 Compliance Champions Workshop hosted by the National Automotive Finance Association. While many compliance professionals, legal experts and auto-finance leaders made the trip to Irving, Texas, for the event, multiple participants also joined […] [Read More]

The auto auction industry continues to grow digitally, but the buying, selling and servicing of vehicles still requires boots on the ground, physical infrastructure and land. To that end, Greater Rockford Auto Auction is adding six acres to its parking lot, allowing for additional vehicle capacity and more space on its main lot for auction […] [Read More]