Last Tuesday marked the end of the road at another 42 buy-here, pay-here dealerships operated by America’s Car-Mart. Car-Mart president and chief executive officer Doug Campbell explained in a letter to shareholders that the company shuttered 31% of its store footprint that impacted about 18% of its outstanding customer base that is part of its […] [Read More]

Federal Reserve Governor Christopher Waller made another public appearance on Friday. This time, Waller was back in Alabama, where he previously served as a professor at Auburn University. Ahead of next week’s Federal Open Market Committee (FOMC) meeting when policymakers will consider a change to interest rates, Waller described how difficult the labor market is […] [Read More]

The familiar spring bounce is back in the automotive market — and this year, it started early and is still going strong, pushing vehicle values higher. Dealers bought aggressively at the start of the year, in part fueled by expectations of higher tax refunds, and that momentum is carrying into what is typically the strongest stretch […] [Read More]

Perhaps few would fault you if you read this auto-finance story recapping the newest Automotive OEM Intelligence Report based on insights gathered from JD Power intelligence and proprietary market data and that booming movie trailer narrator voice comes into your mind. Especially since authors Tyson Jominy and Srini Rajagopalan used terms such as a “delicate […] [Read More]

Last week, 4Front Credit Union selected LendSmart Auto, a new artificial intelligence-powered auto loan pricing engine from Scienaptic AI, to track how it prices vehicle loans for its members. Scienaptic AI explained its platform moves 4Front Credit Union away from traditional rate-sheet pricing, which assigns the same rate to all loans within a risk tier, […] [Read More]

Equifax reinforced its tools to serve lenders that provide auto or personal loans. Last week, Equifax launched The Work Number Record Indicator that can deliver income and employment insights from The Work Number alongside the Equifax consumer credit report at the start of the auto or personal loan application process. The company explained this integration […] [Read More]

Agora Data and PassTime last week announced a partnership, bringing together the non-prime auto fintech platform with the provider of GPS-based asset tracking and recovery solutions. Through this partnership, Agora dealers can receive access to special discounted pricing on select PassTime devices to deliver enhanced asset protection, improved recovery capabilities, and meaningful cost savings. Participating […] [Read More]

GM Financial announced its overall Most Valuable Auction of the Year award Friday, along with five regional Auction of the Year honorees, and recognized two auctions with Perfect Audit Score awards. These are all part of the captive’s annual Auction of Excellence program, which evaluates auction partners’ performance in retention, operational metric, presale activities and […] [Read More]

Four auto auctions were honored by Consumer Portfolio Services as winners of its 2025 Auction Awards, recognizing the subprime auto finance company’s top-performing auction partners for their outstanding contributions throughout 2025. The awards were presented during a private event last month in Niagara Falls, N.Y. The award winners were: Top Gun Award (Auction of the […] [Read More]

Auto Remarketing is recognizing the 2026 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website.  Next up, in alphabetical order by first name, is Kerri Rotunda, who is general manager at America’s Auto Auction Erie. The Women in Remarketing program is […] [Read More]