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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

Credit Acceptance Completes $252.0 Million Asset-Backed Financing

Friday, Sep. 28, 2012, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently completed a $252.0 million asset-backed non-recourse secured financing. Pursuant to this transaction, the company said it contributed loans having a net book value of approximately $315.1 million to a wholly-owned special purpose entity ... [Read More]

First Investors to Merge with Private Equity Firm

Wednesday, Sep. 26, 2012, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 HOUSTON — Coming off of record-setting performances in the subprime auto lending space during its last two fiscal years, First Investors Financial Services Group announced this morning that it has entered ... [Read More]

Latest FICO Research Examines Impact of Student Loan Debt

Wednesday, Sep. 26, 2012, 12:00 AM
Nick Zulovich
MINNEAPOLIS — With student loan debt climbing by significant rates, are potential buyers who arrive in the showroom with high education repayment obligations going to have problems getting a vehicle loan? FICO examined the issue because officials said more lenders ... [Read More]

J.D. Byrider Bolsters Franchising Team

Wednesday, Sep. 26, 2012, 12:00 AM
Nick Zulovich
INDIANAPOLIS — Buy-here, pay-here dealership chain J.D. Byrider recently announced a promotion and the addition of three new team members to support the company's franchise growth and development. Promoted to the position of director of franchise development is Jack Humbert, ... [Read More]

Ally Financial Survey Measures Dealers’ Increase in Charitable Giving

Wednesday, Sep. 26, 2012, 12:00 AM
Nick Zulovich
DETROIT — A recent survey by Ally Financial showed dealers continued to be a "pillar of strength" in their communities, particularly when it comes to charitable giving. Survey data indicated nearly two-thirds of U.S. dealers increased their charitable contributions this ... [Read More]

CNW: Subprime Approvals Up by More Than 60 Percent This Month

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
BANDON, Ore., and CHICAGO — Part of the reason CNW Research projected used-vehicle sales to climb by more than 8 percent this month is the soaring number of subprime loan approvals. According to the firm's September Retail Automotive Summary, subprime ... [Read More]

S&P Discusses Potential of Subprime Auto Loan ABS Market Contraction

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
NEW YORK — A recent report by Standard & Poor's Ratings Services reiterated that the U.S. subprime auto finance market is growing again and — despite some potential risks — its near-term growth prospects look good. As increased capital flows ... [Read More]

Exeter Finance Completes $300 Million Securitization

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
IRVING, Texas — Specialty auto finance company Exeter Finance Corp. announced the completion of its second rated term securitization late last week, issuing $300 million in notes backed by subprime auto installment receivables. The company indicated the notes were purchased ... [Read More]

Iowa Attorney General, Independent Dealer Settle Dispute Over Alleged Illegal Repossessions

Monday, Sep. 24, 2012, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Iowa attorney general Tom Miller recently announced one of the state's independent dealers has agreed to stop what was alleged to be illegal repossessions of vehicles. In an agreement with the consumer protection division, called an ... [Read More]

CPS Reveals Details of Recent $147 Million Senior Subordinate Asset-Backed Securitization

Friday, Sep. 21, 2012, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced earlier this week the closing of its third term securitization of the year. The transaction also is CPS' sixth senior subordinate securitization since last year. In the transaction, officials tabulated that qualified institutional ... [Read More]

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