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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 generic 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

Why BHPH Dealers Should Pay Attention to Latest CFPB Guidance

Monday, Mar. 25, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HANOVER, Md. — The recent Consumer Financial Protection Bureau bulletin focused on dealer reserve, an element that usually doesn't affect most buy-here, pay-here stores. But Hudson Cook's legal team recommended that BHPH ... [Read More]

Schwartz to Become President of Both Manheim and AutoTrader as Perry to Depart

Monday, Mar. 25, 2013, 12:00 AM
Nick Zulovich
ATLANTA —  SubPrime Auto Finance News learned this morning that Sandy Schwartz not only will serve as the president of Manheim, but will assume the role of president of AutoTrader Group, which includes AutoTrader.com, Kelley Blue Book and VinSolutions. Chip ... [Read More]

Fitch: Subprime ABS Stops Seven-Month Trend of Rising Losses

Monday, Mar. 25, 2013, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings discovered asset performance came in stronger for U.S. prime auto ABS while subprime auto loans reversed a seven-month trend of rising losses. Fitch indicated prime and subprime 60-day delinquencies came in lower in February by ... [Read More]

CPS Announces $185 Million Senior Subordinate Asset-Backed Securitization

Monday, Mar. 25, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services recently closed its first term securitization of 2013. The transaction is CPS' eighth senior subordinate securitization since 2011. In the transaction, the company explained qualified institutional buyers purchased $185 million of asset-backed notes secured ... [Read More]

What CFPB Bulletin Might Mean for Dealer Reserve and More

Friday, Mar. 22, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE Normal 0 false false false EN-US X-NONE X-NONE WASHINGTON, D.C. — Legal experts and industry associations weighed in as the Consumer Financial Protection Bureau released a bulletin Thursday that targeted dealer reserve ... [Read More]

AFSA, CBA, NAFCU Unsettled Over Bureau’s Auto Finance Bulletin

Friday, Mar. 22, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE WASHINGTON, D.C. — As dealer associations reacted swiftly to the Consumer Financial Protection Bureau's latest position on auto financing, organizations representing banking and financial institutions as well as credit unions all saw ... [Read More]

AutoStar Chooses NCM 20 Groups for New BHPH Dealer Network

Friday, Mar. 22, 2013, 12:00 AM
Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates announced Thursday it is working collaboratively with automotive dealership technology provider AutoStar Solutions to form exclusive AutoStar 20 Groups for its buy-here, pay-here management software users. To kick off the effort, NCM will host ... [Read More]

CU Direct, First Associates Partner for Loan Servicing Solution

Friday, Mar. 22, 2013, 12:00 AM
Nick Zulovich
ONTARIO, Calif. — CU Direct recently signed a new partnership agreement with First Associates Loan Servicing for what officials called "a best in class" loan servicing solution for credit unions. As a result of the partnership, the companies highlighted the ... [Read More]

Senate Committee Votes to Approve Cordray Confirmation but Party-Line Division Remains

Wednesday, Mar. 20, 2013, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Confirmation to keep the director of the Consumer Financial Protection Bureau at his post took a step forward Tuesday by a narrow margin. Along the way, opposition reiterated its stance to how the regulatory agency is organized. ... [Read More]

Westlake and Primeritus Announce Partnership

Wednesday, Mar. 20, 2013, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services and Primeritus Financial Services formed a collaborative partnership on Tuesday. Officials highlighted that Primeritus will leverage its recovery management and skip-tracing services to assist Westlake with skip-to-locate services for the finance company's post charge-off ... [Read More]

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