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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

GWC Warranty tops $400M in claims paid

money 1
Monday, Aug. 15, 2016, 03:39 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, has successfully topped $400 million in claims paid to date. GWC Warranty’s $400 million in claims paid, combined with sister-company EasyCare’s $3.1 billion, ... [Read More]

Former TD Auto Finance exec joins J.D. Power

new hire 2
Friday, Aug. 12, 2016, 02:20 PM
SubPrime Auto Finance News Staff
Earlier this week, J.D. Power appointed Jim Houston as senior director of its auto finance practice. In this role, Houston will deploy his significant auto finance business experience to help guide the industry through what J.D. Power contends could potentially ... [Read More]

Geitner among 3 new AFSA board members

boardroom chairs at table
Friday, Aug. 12, 2016, 02:17 PM
SubPrime Auto Finance News Staff
Within the week that Brian Geitner was picked as the incoming president of Cox Automotive’s Media Solutions Group, the current president of NextGear Capital also gained a leadership role for the American Financial Services Association. AFSA announced the election of ... [Read More]

DOJ’s latest settlement over repos involving SCRA infractions

department of justice website
Thursday, Aug. 11, 2016, 02:35 PM
SubPrime Auto Finance News Staff
The Justice Department reached a settlement this week with a finance company that repossessed vehicles in violation of the Servicemembers Civil Relief Act (SCRA) — a discovery the DOJ made during an investigation of Santander Consumer USA for similar infractions that ... [Read More]

3 ways Credit Acceptance examined Q2 competition

businessman drawing increases
Wednesday, Aug. 10, 2016, 03:12 PM
Nick Zulovich, Senior Editor
Credit Acceptance chief executive officer Brett Roberts approached the topic of competition from three different angles when the subprime auto finance company took questions from investment analysts who wanted more details about its second-quarter performance, which included a year-over-year rise ... [Read More]

Metrolina Credit chooses Brister to oversee branch operations

new hire - leader
Wednesday, Aug. 10, 2016, 03:00 PM
SubPrime Auto Finance News Staff
Metrolina Credit Co. recently made a significant addition to its senior management team by naming Todd Brister as director of branch operations. For the past two years, Brister served as senior executive manager and portfolio director at Michael Wayne Investment ... [Read More]

Subprime ABS improvement stalls in June

money 3
Tuesday, Aug. 9, 2016, 01:47 PM
SubPrime Auto Finance News Staff
Reversing an improvement that spanned four consecutive months, S&P Global Ratings determined collateral performance for subprime auto loan asset-backed securities (ABS) deteriorated month-over-month in June with net losses, recoveries and delinquencies all weakening. On a year-over-year basis, analysts found that ... [Read More]

How blockchain technology might impact auto finance

business man with tablet
Monday, Aug. 8, 2016, 03:28 PM
Nick Zulovich, Senior Editor
If you ask White Clarke Group’s technology innovators what blockchain is, their eyes will light up, and they will spend the next hour telling you about all the possible legitimate uses of this new technology that they contend “is set ... [Read More]

89 more professionals complete NAF Association Consumer Credit Compliance Certification Program

more training
Monday, Aug. 8, 2016, 03:19 PM
SubPrime Auto Finance News Staff
Representatives from six different captive finance companies, two other institutions at or near the top of quarterly market share rankings as well as dealerships and other service providers are among the 89 members of the spring 2016 graduating class that ... [Read More]

GWC Warranty top dealer reward programs hit record numbers

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Friday, Aug. 5, 2016, 03:35 PM
SubPrime Auto Finance News Staff
GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, has set a new record for the number of dealers who have qualified for its top dealer reward programs — The Elite Dealer ... [Read More]

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