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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

Federal Grand Jury Indicts 5 Staff Members from Alabama Nissan Dealership in Loan Fraud Conspiracy

Serra Nissan in Birmingham for SPN
Friday, Oct. 3, 2014, 03:15 PM
SubPrime Auto Finance News Staff
The U.S. Attorney General’s office, the Internal Revenue Service and the FBI brought charges against two managers and three other salespeople at an Alabama franchised dealerships in connection with a conspiracy to fraudulently boost loan approvals and vehicle sales. According ... [Read More]

Auto/Mate Integrates DMS with MaximTrak F&I Suite

integration
Friday, Oct. 3, 2014, 03:13 PM
SubPrime Auto Finance News Staff
Auto/Mate Dealership Systems recently completed the integration of its dealership management system with MaximTrak Technologies' F&I Suite. The companies highlighted dealers using both systems now can benefit from a real-time, bi-directional exchange of information that’s intended to speed up the ... [Read More]

Mega Auto Finance Leverages Solutions from First Associates Loan Servicing

graph concept 2
Friday, Oct. 3, 2014, 03:10 PM
SubPrime Auto Finance News Staff
Revving up its loan servicing business, First Associates Loan Servicing recently announced it will now provide full loan servicing solutions for Mega Auto Finance. The alliance is geared to allow Mega Auto to scale its operations rapidly while achieving necessary ... [Read More]

8 in 10 Dealers Agree: Complete Deal in 2 Hours

buying car 3
Friday, Oct. 3, 2014, 03:02 PM
SubPrime Auto Finance News Staff
Two hours: the amount of time it takes to watch a movie as well as the span it should take for the sales and financing process to be completed. At least that’s the majority sentiment, according to a new survey ... [Read More]

September’s Subprime Used Sales Spike 31%

sales agreement 3
Thursday, Oct. 2, 2014, 02:45 PM
SubPrime Auto Finance News Staff
Subprime auto finance companies must not be taking their collective foot too much off of the originating pedal based on the amount of used-vehicle paper CNW Research found to be written in September. During a month that contained more than ... [Read More]

Free VTS Webinar to Dissect Impact of Proposed Larger Participant Rule

regulation and compliance puzzle
Wednesday, Oct. 1, 2014, 04:14 PM
SubPrime Auto Finance News Staff
Vendor Transparency Solutions and Weltman, Weinberg & Reis are joining forces again for another free webinar — this time focusing on what the Consumer Financial Protection Bureau’s larger participant rule proposal means for nonbanks in the auto financing market. Partner ... [Read More]

Veros Credit Adds New VP, Promotes 2 Other Execs

new hire
Wednesday, Oct. 1, 2014, 04:11 PM
SubPrime Auto Finance News Staff
Along with promoting two executives within the company, Veros Credit hired a former Westlake Financial executive to be its new vice president of strategy and process improvement.  Joining the company as part of its nationwide expansion efforts is Harvey Singh, ... [Read More]

Despite Comment Time, Little Can Slow CFPB’s Rule Proposal

gavel 2
Wednesday, Oct. 1, 2014, 04:08 PM
Nick Zulovich, Editor
It’s been nearly two weeks since the Consumer Financial Protection Bureau revealed its proposed changes for what is classified as a larger participant in auto financing. More than half the time is remaining in the 60-day comment period the CFPB ... [Read More]

AIADA Chairman: American Elections and Dealer Responsibility

voting stock photo
Monday, Sep. 29, 2014, 03:20 PM
Larry Kull, AIADA
Members of 113th Congress raced out of Washington, D.C., in mid-September by planes, trains and automobiles, leaving nothing in their wake but a proverbial cloud of dust. The members were all headed home, back to their districts for a final ... [Read More]

Black Book Integrates With 3 More LOS Providers

digital sales
Monday, Sep. 29, 2014, 03:16 PM
SubPrime Auto Finance News Staff
One of Used Car Week’s presenters and the sponsor of the SubPrime Auto Finance Executive of the Year award — Black Book Lender Solutions — finalized the integration of its vehicle valuation data into three more providers of loan origination ... [Read More]

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