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This Month's Focus

Artificial Intelligence
Presented by
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
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
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here

Cordray resurfaces in California for discussion about ‘attacks against consumer protections’

news update
Thursday, Mar. 28, 2019, 02:50 PM
SubPrime Auto Finance News Staff
Having been unsuccessful in becoming governor of Ohio, former Consumer Financial Protection Bureau Richard Cordray appears to have resurfaced on the West Coast in connection with a high-ranking California state lawmaker. Multiple social media posts from California Assemblymember Monique Limon ... [Read More]

National Creditors Connection’s ‘superstar’ returns in new executive role

new hire 2
Wednesday, Mar. 27, 2019, 02:17 PM
SubPrime Auto Finance News Staff
Taylor Thurman is back with National Creditors Connection Inc. (NCCI). The loss-reduction outsourcing (LRO) company recently announced Thurman returned to be its director of sales in the auto-finance market. NCCI indicated Thurman will be leading all market development and sales ... [Read More]

Paramount Recovery bolsters facilities and workforce

money-key
Wednesday, Mar. 27, 2019, 02:04 PM
SubPrime Auto Finance News Staff
Paramount Recovery Service, a leading Southern California-based automotive repossession company, recently announced the expansion of its locations and services as well as the hiring of two industry experts. Company leaders highlighted the physical expansion includes the acquisition of PRS’ largest ... [Read More]

Auto defaults remain stable for second straight month to open 2019

application
Tuesday, Mar. 26, 2019, 02:37 PM
SubPrime Auto Finance News Staff
With all of the recent hubbub over delinquencies, auto finance defaults are remaining stable so far this year. S&P Dow Jones Indices and Experian released data through February for the S&P/Experian Consumer Credit Default Indices, and the auto component remained ... [Read More]

How revamped Fed strategy involving interest rates helps auto-finance companies

Federal reserve
Monday, Mar. 25, 2019, 02:39 PM
Nick Zulovich, Senior Editor
National Automotive Finance Association executive director Jack Tracey nicely summarized developments coming from the Federal Reserve last week. After making multiple upticks in interest rates last year, the Federal Open Market Committee (FOMC) decided to maintain the target range for ... [Read More]

Ally Financial championing entrepreneurship competition featuring students attending HBCUs

moguls march 25 for web
Monday, Mar. 25, 2019, 02:36 PM
SubPrime Auto Finance News Staff
College students from across the country are heading to Detroit this Friday through Sunday for a chance to make their entrepreneurial dreams come to life. Ally Financial has teamed up with fellow Motor City native, entertainer and entrepreneur Sean “Big ... [Read More]

Dealertrack adds another finance company using its title tool

partnership
Friday, Mar. 22, 2019, 01:32 PM
SubPrime Auto Finance News Staff
Another finance company is seeing the potential benefit of leveraging Dealertrack Accelerated Title. After recently reaching relationships with Westlake Financial Services as well as dealer associations in Louisiana and Wisconsin, Dealertrack this week announced that KeyBank Dealer Retail Services has ... [Read More]

COMMENTARY: Using AI and machine learning to keep market in ‘high gear’

opinion button
Friday, Mar. 22, 2019, 01:29 PM
Sean Bennett, Servicing Solutions
The Federal Reserve Bank of New York’s Center for Microeconomic Data recently released its quarterly report on household debt and credit.  While some pundits initially rushed to point to a negative theme — 7 million people had an auto finance ... [Read More]

COMMENTARY: Examining personal property handling, issues and costs

car-interior
Wednesday, Mar. 20, 2019, 03:09 PM
Mike Levison, ALS Resolvion
Over the past year, there has been a great deal of discussion about the fees related to the removal and storage of personal property. The issue has resulted in significant changes by most lenders as to how personal property fees ... [Read More]

Ford Protect chooses Darwin Automotive as preferred provider

18FordF150_01_HR_1
Wednesday, Mar. 20, 2019, 02:56 PM
SubPrime Auto Finance News Staff
This week, Darwin Automotive announced that it has been selected by Ford Protect to be a preferred provider within the company’s core F&I menu, as well as the Darwin digital retailing and service menu for Ford Dealerships nationwide. Dealerships use ... [Read More]

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