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This Month's Focus

Artificial Intelligence
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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

GM Financial Finalizes Purchase of Most International Units from Ally Financial

Wednesday, Apr. 3, 2013, 12:00 AM
Nick Zulovich
DETROIT and FORT WORTH, Texas — General Motors Financial announced this week that it has completed the acquisition of equity interests in the top-level holding companies that comprise substantially all of Ally Financial's auto finance and financial services business in ... [Read More]

CarFinance Capital Renews and Increases Credit Facility to $300 Million

Wednesday, Apr. 3, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — CarFinance Capital renewed and increased its warehouse credit facility this week from $200 to $300 million. Officials highlighted the increased credit line — which is being provided by Deutsche Bank and Credit Suisse — further bolsters the ... [Read More]

Peritus Portfolio Services Reaches Agreement with SteadyPay Payment Solutions

Wednesday, Apr. 3, 2013, 12:00 AM
Nick Zulovich
LOUISVILLE, Ky. — Peritus Portfolio Services recently signed a multi-year agreement to offer SteadyPay Payment Solutions services to its customers who often purchase vehicles at buy-here, pay-here dealerships. Officials explained SteadyPay offers automatic bill payment via payroll deduction. Peritus' customers ... [Read More]

Industry Benchmarks Among Highlights of NABD’s National Conference

Monday, Apr. 1, 2013, 12:00 AM
Nick Zulovich
HOUSTON — Retail sales figures for buy-here, pay-here dealers softened a bit in 2012 compared to a year earlier, according to industry benchmarks compiled by the National Alliance of Buy-Here, Pay-Here Dealers that will be shared during the organization's upcoming ... [Read More]

Ally Looking to Educate Wiser Car Buyers Through 30 Days of Financial Literacy Program

Monday, Apr. 1, 2013, 12:00 AM
Nick Zulovich
DETROIT — In celebration of Financial Literacy Month and as a way to build upon the more than 1,000 consumers who already have utilized its tutorials specifically about auto financing, Ally Financial launched its 30 Days of Financial Literacy initiative ... [Read More]

Dealertrack Technologies to Host Free Webinar About CFPB Bulletin and More

Monday, Apr. 1, 2013, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Dealertrack Technologies is offering a free webinar where compliance counsel Randy Henrick will discuss the latest regulatory developments coming from the Consumer Finance Protection Bureau. The session where Henrick will offer his analysis of the CFPB's ... [Read More]

Fiserv Posts Record-Setting Transaction Volume on its Automotive Loan Origination System in 2012

Monday, Apr. 1, 2013, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv said 2012 was a record-setting year for its automotive loan origination system. Officials highlighted that more than 10.8 million loan applications and 3.7 million contracts were processed through the Fiserv's auto lending platform, marking a 31- ... [Read More]

TransUnion: Credit Unions Eye Auto Loans as Growth Source This Year

Wednesday, Mar. 27, 2013, 12:00 AM
Nick Zulovich
CHICAGO — A new survey from TransUnion showed approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, and auto loans may be the main focus of that growth. The ... [Read More]

Nicholas Financial Again Receives Interest from Potential Third-Party Acquirer

Wednesday, Mar. 27, 2013, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — For the second time in three years, Nicholas Financial retained a financial adviser to assist the specialty consumer finance company's board of directors with consideration of a possible sale. Last week, Nicholas Financial officials said their board ... [Read More]

Comerica: Auto Affordability Slides in Q4

Wednesday, Mar. 27, 2013, 12:00 AM
Nick Zulovich
DALLAS — Comerica Bank's latest Auto Affordability Index indicated the purchase and financing of an average-priced new vehicle took 23.6 weeks of median family income in the fourth quarter of 2012. Bank analysts determined consumers on average spent $900 more ... [Read More]

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