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This Month's Focus

Artificial Intelligence
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Kia Georgia leverages AI drones to save money and time on onerous fence patrols
Tuesday, May. 26, 2026, 03:02 PM
A 14.2-mile interior fence. Tough terrain. Multiple security personnel. Two or three vehicles churned from wear and tear annually. A looming United States Customs Trade Partnership Against Terrorism (CTPAT) audit in jeopardy. These were the challenges Kia Georgia faced because ... Read More
Impel, Phyron launch AI systems to drive customer engagement through dealership video
Thursday, May. 21, 2026, 02:34 PM
When it comes to capturing customer engagement, video is king. But the busy world of a car dealership isn’t necessarily the best environment for consistently creating effective video content. “Video sells. We’ve known that for years,” said Paul Hepp, director ... Read More
Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
TransUnion on intriguing trends involving used cars sold in 2025
Tuesday, May. 26, 2026, 06:42 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. During previous events hosted by Cherokee Media Group, TJ ... Listen Here
Experian Automotive on using data the right way to protect used-car profits
Friday, May. 22, 2026, 10:50 AM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. During a candid conversation with Cherokee Media Group’s Andrew ... Listen Here
Closing the appraisal divide with Brad Kokesh of TraXtion
Friday, May. 22, 2026, 10:38 AM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. This conversation features Cherokee Media Group’s Andrew Friedlander and ... Listen Here

TD Auto Finance CEO to Retire; Replacement Revealed

Monday, Jun. 11, 2012, 12:00 AM
Nick Zulovich
TORONTO — Late last week, Auto Remarketing and SubPrime Auto Finance News confirmed retirement and succession plans for TD Auto Finance's chief executive officer. Company spokesperson Mohammed Nakhooda indicated that after a 39-year career in the industry, Tom Gilman has ... [Read More]

Five Federal Agencies Update Position on Supervisory Coordination

Monday, Jun. 11, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Five federal supervisory agencies recently released a Memorandum of Understanding aimed at clarifying how the agencies will coordinate their supervisory activities consistent with the Dodd-Frank Wall Street Reform and Consumer Protection Act. The five agencies joining forces ... [Read More]

ABA Economic Advisory Committee Cautious about US Growth Potential

Monday, Jun. 11, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — With analysts maintaining that subprime auto lending is surging, the Economic Advisory Committee of the American Bankers Association recently issued a cautionary assessment about how the U.S. economy will continue to grow at a moderate pace. However, ... [Read More]

Connecticut Dealer Arrested in Connection with Sale for Private Owner

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
HAMDEN, Conn. — A Connecticut independent dealer believes charges of larceny, forgery and misapplication of property will be dismissed in connection with selling a vehicle for a private owner. Earlier this week, police in Hamden, Conn., arrested David Taylor, the ... [Read More]

AWARE Offers Tips for First-Time Buyers

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — With many young adults fresh from high school and college graduations, officials from Americans Well-Informed on Automobile Retailing Economics (AWARE) shared several tips for these individuals who might be ready to buy their first vehicle. AWARE emphasized ... [Read More]

LEAP Financial Suspends Lease Originations

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
SAN DIEGO — Low loan default rates and high prices on repossessions are factors in one vehicle leasing company's decision to suspend lease originations. LEAP Financial on Thursday announced it is suspending originations of leases due to capital constraints. Company ... [Read More]

DRN and MVTRAC Execs Explain Efforts to Stop LPR Regulation in California

Friday, Jun. 8, 2012, 12:00 AM
Nick Zulovich
FORT WORTH, Texas, and PALATINE, Ill. — Imagine repossessing a vehicle and completing the recovery process for collateral in California without license plate recognition technology. Leaders of both Digital Recognition Network and MVTRAC are cheering this week that the scenario ... [Read More]

ABA Unveils Free Fair Lending Compliance Resource

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association recently released a free, members-only resource to assist bankers with their continued compliance with fair lending laws. Officials highlighted the Toolbox on Fair Lending is intended to provide practical examples, how-to's and templates ... [Read More]

OIADA Applauds New Law for Mandated Training Before Used Dealers Receive License

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Jim Mitchell wanted to witness Ohio Gov. John Kasich sign Senate Bill 245 into law earlier this week since the legislation eight years in the making is aimed at assisting independent dealers in becoming successful. The executive ... [Read More]

ABI: May Consumer and Commercial Bankruptcy Filings Dip

Wednesday, Jun. 6, 2012, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — With the expectation of more declines, the American Bankruptcy Institute determined May filings dropped by double digits year-over-year, according to data provided by Epiq Systems. Total bankruptcy filings in the United States for May decreased 11 percent ... [Read More]

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