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This Month's Focus

Artificial Intelligence
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COMMENTARY: Inventory acquisition in the AI age
Friday, May. 29, 2026, 01:00 PM
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like ... Read More
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
Friday, May. 29, 2026, 11:54 AM
When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and ... Read More
Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data ... Read More
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Tuesday, Jun. 2, 2026, 01:30 PM
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PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver
Tuesday, Jun. 2, 2026, 01:23 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here
SPONSORED EPISODE: The new definition of value in used-car retailing and the role of compliance
Tuesday, Jun. 2, 2026, 12:47 PM
For this special sponsored episode of the Auto Remarketing Podcast, GWC Warranty senior vice president and managing director James Virgoe shared some of his personal experiences of buying a vehicle earlier this year to illustrate how the definition of “value” ... Listen Here

Fitch to Keep GM’s Rating Stable

news
Monday, Apr. 14, 2014, 03:25 PM
SubPrime Auto Finance News Staff
Despite rising turmoil surrounding its handling of recalled vehicles with faulty ignition switching, Fitch Ratings does not expect to change the rating status of asset-backed securities connected to General Motors. Currently, Fitch has GM listed as BB+ with the automaker’s ... [Read More]

AIADA Chair: For Dealers, Disengagement Is Not an Option

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Friday, Apr. 11, 2014, 03:36 PM
Larry Kull, AIADA Chairman
One of the things I love about being a dealer is that no two days are ever the same. Maintaining and growing a business requires constant vigilance and engagement with manufacturers, employees, vendors, and so many others. In the middle ... [Read More]

Treasury Recoups More TARP Funds in Ally IPO

ally IPO 2 for SPN story
Friday, Apr. 11, 2014, 03:32 PM
SubPrime Auto Finance News Staff
Ally Financial began trading on the New York Stock Exchange Thursday as the U.S. Department of the Treasury agreed to sell 95 million shares of common stock at a price of $25 per share in a plan to generate $2.375 ... [Read More]

Black Book Spots Varied Vehicle Depreciation Pattern in March

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Friday, Apr. 11, 2014, 02:28 PM
SubPrime Auto Finance News Staff
Black Book highlighted that its latest used-vehicle depreciation data, coupled with this year’s harsh winter, will push certain seasonal sales into April, possibly extending the tax seasons for dealers and finance companies that cater to subprime buyers. Analysts reported this ... [Read More]

GrooveCar Direct Partners with 4 Credit Unions

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Wednesday, Apr. 9, 2014, 04:46 PM
SubPrime Auto Finance News Staff
Credit union vehicle buying resource GrooveCar Direct formed partnerships with four national credit unions this week. The newest additions to the service provider’s network include —Corporate America Family Credit Union of Elgin, Ill. —First Alliance Federal Credit Union based in ... [Read More]

CarMax Still Evaluating New Subprime Strategy

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Wednesday, Apr. 9, 2014, 04:43 PM
SubPrime Auto Finance News Staff
With only about a month of data and originations in the portfolio, CarMax leaders are still waiting for more seasoning and growth to occur before making a significant evaluation of their new subprime financing initiative they launched at the beginning ... [Read More]

ABA Delinquency Bulletin Shows Improving Auto Rates

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Wednesday, Apr. 9, 2014, 04:35 PM
SubPrime Auto Finance News Staff
The performance of vehicle installment contracts improved slightly in the fourth quarter, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin released today. As the economy improved and consumers conscientiously managed their finances, analysts found the composite ... [Read More]

Bureau Defends Diversity Policies

news
Monday, Apr. 7, 2014, 02:57 PM
SubPrime Auto Finance News
Following emotional U.S. House committee testimony by a senior enforcement attorney at the Consumer Financial Protection Bureau about alleged discrimination happening within the agency, the bureau’s director said the agency has “been doing some hard thinking” about its diversity policies. ... [Read More]

Subprime Surge Helps March Used Sales Soar

car lot 5
Monday, Apr. 7, 2014, 02:55 PM
SubPrime Auto Finance News Staff
CNW Research reported that March used-vehicle sales rebounded significantly versus the previous month in part to a surge of subprime buyers during the peak of tax season. Monthly used-vehicle sales surpassed 3 million units for the first time this year ... [Read More]

Cordray Reiterates CFPB Rulemaking Process

another cordray pic for SPN
Monday, Apr. 7, 2014, 02:52 PM
SubPrime Auto Finance News Staff
During a speech last week to the American Bar Association, Richard Cordray again described the rule-making process the Consumer Financial Protection Bureau uses. The director also touched on a new project labeled, “regulatory implementation.” When creating new or modifying current ... [Read More]

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