This Month's Focus

Artificial Intelligence

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Carfluent’s new AI tool helps dealerships beat aggregators in searches 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 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 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 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 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’ 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

Moody’s: Repeat of 1990s Subprime Auto Downturn Could Be Ahead

S&P/Experian: June Auto Loan Defaults Tick up Marginally

CPS Posts Q2 Gains in Earnings, Revenue and Contracts Purchased

Car-Mart CFO Explains Why BHPH Market Should Stay Strong

Nicholas Financial Adds 3 New Branches

PassTime Rolls out Online Management System

DataScan Unveils New Online Scheduling Tool for Off-Lease Vehicle Inspections

Chase and Wells Fargo Watch Q2 Auto Originations Improve

Historically Low Delinquency Rates Contribute to Soft Repo Unit Volume

South Dakota Bankers Association Endorses VINtek as Electronic Lien and Title Provider

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