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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
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
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
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
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

RDN: September Recovery Volume and Orders Rise

Wednesday, Nov. 7, 2012, 12:00 AM
Nick Zulovich
REDWOOD CITY, Calif. — The most recent RDN Monthly Analytics Update indicated September recovery volumes increased 4 percentage points from August levels. But, the September reading still settled 4 points below year-ago levels. RDN indicated September recovery orders climbed 6 ... [Read More]

Large & Small Operators Share Pain of Matching Vehicles with Loans

Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
BLOOMFIELD HILLS, Mich. — Whether it's associated with a large, public dealer group or a single buy-here, pay-here lot, matching vehicles up with financing remains one of the biggest challenges managers still face nowadays. Recently, SubPrime Auto Finance News found ... [Read More]

Credit Acceptance’s Q3 Loan Volume Climbs 5 Percent

Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Triggered by a 5-percent uptick in loan unit volume, Credit Acceptance Corp. posted a gain in consolidated net income during the third quarter. The company determined its consolidated net income came in at $53.0 million or $2.12 ... [Read More]

GM Announces New $11 Billion Revolving Credit Facility

Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
DETROIT — General Motors announced a new $11 billion revolving credit facility this morning, an opportunity officials said also can be tapped by GM Financial. GM said this facility consists of a $5.5 billion three-year facility and a $5.5 billion ... [Read More]

Mercedes-Benz Financial Services Named to 2012 Great Place to Work List

Monday, Nov. 5, 2012, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — For the first time in company history, Mercedes-Benz Financial Services was named by Great Place to Work as one of the best workplaces in the United States on its annual Best Small and Medium Workplaces list. ... [Read More]

Ally’s Q3 Originations Soften Slightly

Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
NEW YORK — Ally Financial's North American Automotive Finance, which includes operations for the U.S. and Canada, watched both its pre-tax income and loan originations soften during the third quarter. The company reported this morning that its third-quarter pre-tax income ... [Read More]

Despite Sandy’s Impact, October Used Sales Still Manage Year-Over-Year Gain

Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
BANDON, Ore. — As damage tallies stemming from Superstorm Sandy continue to climb, CNW Research determined the storm cost the used-vehicle industry nearly a quarter-million used sales in October. Or, put another way, $2 billion in "probable value." Nonetheless, CNW ... [Read More]

OpenRoad Lending, TrueCar Form Partnership

Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas and SANTA MONICA, Calif. — OpenRoad Lending, an online direct-to-consumer auto finance company, recently partnered with TrueCar for an alliance aimed at creating a better experience for consumers and dealers. With the new program on OpenRoad ... [Read More]

AutoNation Taps CU Direct Connect as a Preferred Lender

Friday, Nov. 2, 2012, 12:00 AM
Nick Zulovich
CENTENNIAL, Colo. — CU Direct Connect announced this week that it has signed an agreement with AutoNation that names CU Direct Connect as a preferred lender for all of the dealer group's stores in Colorado. The agreement was effective as ... [Read More]

CarHop Continues BHPH Network Expansion, Branching into Pennsylvania

Wednesday, Oct. 31, 2012, 12:00 AM
Nick Zulovich
EDINA, Minn. — Buy-here, pay-here dealership chain CarHop not only bolstered its presence in well-established markets, the company recently opened a dealership in Pennsylvania to raise its footprint to 16 states. That newest store is in Pittsburgh, located at 3408 ... [Read More]

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