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 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 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 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
FICO’s Shams Blanc on lenders sharpening underwriting & more 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 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’ 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

Moody’s Spots 3 Ongoing Factors Pushing US Subprime Auto ABS Risk Higher

CUDL Reaches New Dealer Milestone

Westcott: CFPB Guidance Questioned by Industry and Lawmakers

Fitch: Subprime Auto ABS Displays Some Turbulence as Prime Shines in May

VINtek Signs 3,000th Lender for Automotive Collateral Management Technology and ELT Services

Primeritus Financial Services Hits 500,000th Repossession Assignment

GrooveCar & 100 Long Island Stores Join Forces to Promote Special Credit Union Financing Deals

Ranking Senate Banking Committee Member Seeks Investigation of CFPB’s ‘Big Data’ Collection

Financing for Subprime Buyers Fuels Better-Than-Expected June Used Sales Totals

Year-Over-Year Volume Increases Prompt SFG Finance to Bolster Executive Team

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