Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
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
Inside the ‘architectural mismatch’ between AI capabilities & dealer needs
Monday, May. 11, 2026, 09:42 AM
A new survey report from LotLinx asserts that in its current form, “AI is broken for dealers.” The company contends the era of “one-size-fits-all artificial intelligence” is over for auto dealers. The recent survey of 215 executives from both franchised ... Read More
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
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Sunday, Apr. 19, 2026, 04:27 AM
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

Latest CFPB complaint report reinforces 4 CDIA concerns

shutterstock_116458489
Wednesday, Sep. 2, 2015, 02:52 PM
SubPrime Auto Finance News Staff
When the Consumer Financial Protection Bureau released its monthly consumer complaints snapshot report a little more than a week ago, one of the categories drumming up the most activity was credit reporting. Potential problems with how that metric developed is ... [Read More]

60% of banks still unsure how to serve millennials

lady on iphone
Wednesday, Sep. 2, 2015, 02:49 PM
SubPrime Auto Finance News Staff
Along with an inkling about what its auto lending prospects might be, initial findings from the 2015 Growth Strategy Survey orchestrated by Bank Director showed the traditional banking industry may find itself unable to attract what orchestrators called a “decidedly ... [Read More]

Larger participant rule implementation arrives

regulation and compliance puzzle
Monday, Aug. 31, 2015, 03:42 PM
Nick Zulovich, Editor
Unlike a college student scrambling to submit an assignment on time, there doesn’t appear to be much turbulence in the auto finance space since the larger participant rule from the Consumer Financial Protection Bureau went into practice on Monday. Previously, ... [Read More]

Experian spots uptick in Q2 captives’ high-risk financing

graph concept 3
Monday, Aug. 31, 2015, 03:39 PM
SubPrime Auto Finance News Staff
Experian Automotive noticed captive finance companies increased their appetite for risk a bit during the second quarter. According to the latest State of the Automotive Finance Market report, the year-over-year change for captives in the highest risk segment — buyers ... [Read More]

Blue Bridge Financial joins NIADA as a national member benefit partner

money 2
Monday, Aug. 31, 2015, 03:34 PM
SubPrime Auto Finance News Staff
For stores looking to diversify their offering or potentially expand or revamp their facilities, Blue Bridge Financial, a direct lender and national provider of small business financing, joined with the National Independent Automobile Dealers Association as NIADA's latest National Member ... [Read More]

AAGI mobile app eliminates need for ‘paper contracts in glovebox’

business people using smartphones
Monday, Aug. 31, 2015, 03:32 PM
SubPrime Auto Finance News Staff
American Auto Guardian — a provider in developing, marketing and administering vehicle service contracts and other automotive aftermarket products — rolled out its newly developed mobile application to its agents during the company’s product launch earlier this month. Company officials ... [Read More]

Just 37% of buyers completely satisfied with time spent in F&I

buying car 3
Friday, Aug. 28, 2015, 03:58 PM
SubPrime Auto Finance News Staff
With the proliferation of tablets and other technology that make consumers' lives easier, digitizing the F&I process can have lasting, positive impacts on customer satisfaction for dealerships, according to a new study from MakeMyDeal and F&I Express. Titled, "The Digital ... [Read More]

BillingTree completes examination for SSAE No. 16

business man with tablet
Friday, Aug. 28, 2015, 03:56 PM
SubPrime Auto Finance News Staff
SubPrime Forum exhibitor BillingTree recently completed its examination in conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization for the period from May 1 of last year through April 20 of ... [Read More]

GrooveCar Direct partners with 2 more credit unions

businessman hands about to shake
Friday, Aug. 28, 2015, 03:53 PM
SubPrime Auto Finance News Staff
GrooveCar Direct is expanding again through a pair of new partnerships to bolster its vehicle-buying resource for the nation’s credit union industry. Coming aboard the platform are Service 1st Credit Union of Tampa, Fla., as well as Long Island Realtors ... [Read More]

Gap between new- & used-vehicle payments climbs beyond $100

sales agreement 3
Thursday, Aug. 27, 2015, 01:30 PM
SubPrime Auto Finance News Staff
The gap between averages associated with new-vehicle installment contracts and used-vehicle deals continues to widen, while the total amount financed as well as stretching terms are on the rise, too. The industry reached a point on Thursday where Experian Automotive ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X