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This Month's Focus

Artificial Intelligence
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EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

Equifax and Credit Bureau Connection collaborate on soft inquiries

subprime credit report
Friday, Apr. 12, 2019, 03:50 PM
SubPrime Auto Finance News Staff
Here’s another collaborative effort to present information to consumers who want to know if the vehicle in your inventory might fit within the potential terms the finance company could provide — especially in the subprime segment. Equifax and Credit Bureau ... [Read More]

7 findings and more from depreciation and ABS forecast by Black Book and Fitch

FitchBB2019 for website
Thursday, Apr. 11, 2019, 01:45 PM
SubPrime Auto Finance News Staff
Black Book and Fitch Ratings delivered seven key findings along with other projections as a part of its latest joint U.S. vehicle depreciation and auto asset backed securities (ABS) report released on Thursday. Black Book is forecasting an annual depreciation ... [Read More]

RISC taps DRN’s ‘Skip Guru’ for updated training program

training
Wednesday, Apr. 10, 2019, 04:03 PM
SubPrime Auto Finance News Staff
Repossession agents and other recovery industry professionals looking to sharpen their skip-training efforts have another resource on the horizon. Recovery Industry Services Co. (RISC), a provider of compliance education and training services, announced on Tuesday that it will be releasing ... [Read More]

KBRA refutes tax-refund fears when releasing March ABS indexes

tax refund image
Wednesday, Apr. 10, 2019, 03:57 PM
SubPrime Auto Finance News Staff
Kroll Bond Rating Agency (KBRA) looked to calm concerns that tax refunds and other possible turbulence would trigger significant disturbances within the auto asset backed securities market. Neither of KBRA’s indexes tracking at prime and non-prime ABS shifted substantially, as ... [Read More]

Dent Wizard rebrands F&I division

news update
Wednesday, Apr. 10, 2019, 03:54 PM
SubPrime Auto Finance News Staff
Dent Wizard International rebranded one of its divisions this week in an effort to sharpen its image with dealerships, finance companies and fleet operators. The provider of automotive reconditioning services and vehicle protection products introduced Evolution, Vehicle Protection by Dent ... [Read More]

Massachusetts and Delaware hand Exeter $6M in penalties

news pic
Tuesday, Apr. 9, 2019, 01:59 PM
SubPrime Auto Finance News Staff
What the attorneys general in Massachusetts and Delaware alleged as “unfair” auto financing is going to cost Exeter Finance a little more than $6 million in payments back to customers and state penalties. According to a news releases distributed late ... [Read More]

Agenda and more details for 23rd annual Non-Prime Auto Financing Conference

strategy picture
Monday, Apr. 8, 2019, 04:00 PM
SubPrime Auto Finance News Staff
Organizers of the 23rd annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association have solidified their agenda that covers an array of topics again this year. From the NAF Association/AFSA Non-Prime Auto Financing Survey and a look at ... [Read More]

MicroBilt targets subprime market with verified banking data tool

application
Monday, Apr. 8, 2019, 03:58 PM
SubPrime Auto Finance News Staff
Intended to target the subprime space, MicroBilt recently launched Bank Account Verify Advantage (BAV Advantage); a new product that uses verified bank data to assist auto-finance companies and other lenders in scoring applicants. MicroBilt highlighted that BAV Advantage looks across ... [Read More]

Why dealerships and finance companies should like ‘Goldilocks report’ on wages and employment

wages
Friday, Apr. 5, 2019, 03:31 PM
Nick Zulovich, Senior Editor
Two positive economic trends arrived on Friday that can be crucial to dealerships delivering vehicles and finance companies adding to portfolios. The latest data connected to employment and wages prompted one expert to call it a “Goldilocks report.” Bureau of ... [Read More]

700Credit and RouteOne integrate for identity-verification solution

fraud analytics
Friday, Apr. 5, 2019, 03:26 PM
SubPrime Auto Finance News Staff
With fraud continuing to be a potential problem in auto financing, 700 Credit announced this week its suite of products, including credit reports, compliance solutions, prescreen and consumer pre-qualification products and services, is now integrated within RouteOne’s IDOne solution, a ... [Read More]

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