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This Month's Focus

Artificial Intelligence
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Bain Survey: Few Companies Ready for Sustainability Rules (24%) Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More
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
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

PODCAST: Industry Elite honoree Jennifer Turnage on why accurate financial information can make or break any business

Wednesday, Mar. 25, 2026, 01:05 PM
SubPrime Auto Finance News Staff
Next up in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Jennifer Turnage, who is chief executive officer of Primeritus Financial Services. Turnage talks with Cherokee Media Group senior editor Nick Zulovich about the importance of ... [Read More]

With additional insight about affordability, FICO watches average credit scores tick lower again

Wednesday, Mar. 25, 2026, 11:27 AM
SubPrime Auto Finance News Staff
It probably doesn’t take a doctorate in economics to make the connection of affordability challenges to another drop in average credit scores. Those trends are among the findings included in the spring 2026 edition of the FICO Score Credit Insights ... [Read More]

Experts see Middle East conflict making current car & credit markets even more challenging

Tuesday, Mar. 24, 2026, 10:27 AM
SubPrime Auto Finance News Staff
Cox Automotive and S&P Global Ratings have tried to make credit market and other economic predictions in recent days. But experts acknowledged the war in the Middle East is presenting global automakers and suppliers with another layer of challenges in ... [Read More]

Edge Financial Services names Marohn as CEO to lead growth strategy

Monday, Mar. 23, 2026, 10:55 AM
SubPrime Auto Finance News Staff
Doug Marohn is back in a familiar role as a chief executive officer. The auto-finance executive who has been CEO of Nicholas Financial and Metrolina Credit Co., now is leading 1803 Capital, which does business as Edge Financial Services. Marohn’s ... [Read More]

Another former T-Mobile executive joins Credit Acceptance

Monday, Mar. 23, 2026, 10:54 AM
SubPrime Auto Finance News Staff
Credit Acceptance created a new executive position last week and filled it with another professional whose career includes time with T-Mobile. The subprime auto finance company announced that Steffen Schumann has joined Credit Acceptance as chief business officer, reporting to ... [Read More]

NAF Association collecting nominations for awards to be given during 30th annual conference

Friday, Mar. 13, 2026, 11:10 AM
SubPrime Auto Finance News Staff
Tom Hudson, Jim Bass, Gary Perdue and Suzi Straffon. The National Automotive Finance Association is looking to add to that list of award-winning professionals who have made meaningful contributions to the non-prime auto finance community. The NAF Association is now ... [Read More]

ARA refutes suggestions of requiring use of specific third-party vendors

Friday, Mar. 13, 2026, 11:09 AM
SubPrime Auto Finance News Staff
American Recovery Association president Todd Case tried to clarify the organization’s position about what could be a flashpoint issue for repossession agents. Case said ARA has recently learned of industry discussions suggesting that the association supports models that would remove ... [Read More]

Fitch continues dialogue about affordability & delinquency with latest look at subprime auto securitizations

Thursday, Mar. 12, 2026, 10:45 AM
Nick Zulovich
Affordability and delinquencies topped the latest Fitch Ratings report about auto loan asset-backed securitization performance, which weakened during the second half of 2025. Along sharing more details about the subprime sector with Cherokee Media Group, Fitch determined that its 60-day ... [Read More]

Exeter hands out its 2025 Repossession and Remarketing eXcellence Awards

Wednesday, Mar. 11, 2026, 03:19 PM
SubPrime Auto Finance News Staff
Exeter Finance recently honored three forwarding companies and four auctions as recipients of its 2025 Repossession and Remarketing eXcellence Awards. The company that specializes in subprime auto financing said these awards recognize business partners that “consistently deliver outstanding service and ... [Read More]

Edmunds on why appeal of used EVs could surge as gas prices keep rising & affordability remains challenging

Wednesday, Mar. 11, 2026, 10:30 AM
SubPrime Auto Finance News Staff
Edmunds head of insights Jessica Caldwell showed why she’s  one of this year’s Automotive Intelligence Award recipients by explaining how used electric vehicles can help in solving the affordability challenge for some consumers. Especially with average gas prices are now ... [Read More]

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