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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

Welcome to SubPrime News Update Three Times a Week

Wednesday, Jan. 4, 2012, 12:00 AM
Nick Zulovich
CARY, N.C. — As Cherokee Automotive Group launches our first week of e-newsletters in 2012, our readers will see some changes. With our new schedule, we are making some shifts and increasing the frequency of SubPrime News Update to three times ... [Read More]

New Coupon Program Brings Fresh Credit Unions into Network

Tuesday, Dec. 20, 2011, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y — The coupon program that was designed to help drive more business to credit unions and dealerships just revealed that it has signed on four New York metropolitan area credit unions to its network.   The cuautocoupon signees ... [Read More]

Survey Shows Shoppers Leaning Toward Pre-Owned Luxury

Tuesday, Dec. 20, 2011, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y. —  Economic uncertainty doesn’t seem to be affecting consumer’s desires for luxury features in a car, according to loan aggregator GrooveCar. At least for those in Long Island, luxury reigns above fuel efficiency and economy, according to a ... [Read More]

CNW: December Subprime Credit Applications Jump Sharply

Tuesday, Dec. 20, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore. — According to the latest data from CNW Research, all credit application categories posted significant increases in December versus a year ago — especially subprime. In fact, subprime made the largest jump of the three categories CNW listed, ... [Read More]

Study: Consumer Burden to File for Bankruptcy Rises

Tuesday, Dec. 20, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made the bankruptcy system cumbersome and costlier to use for both debtors and bankruptcy professionals, according to a recent study funded by the American Bankruptcy Institute ... [Read More]

Westlake’s Team-Building Event Aids Boys & Girls Club

Thursday, Dec. 15, 2011, 12:00 AM
Nick Zulovich
LOS ANGELES — Mixing work with help this holiday season, Westlake Financial Services and its volunteering division P.A.L.S. (People Affecting Lives through Service), together built 20 bicycles to donate to children from the Boys & Girls Club of East Los ... [Read More]

CPS Announces the Closing of Its Third Term Securitization

Thursday, Dec. 15, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. —Consumer Portfolio Services revealed Wednesday the closing of its third term securitization in 2011. The transaction is CPS's fourth senior subordinate securitization since 1993.  "In the transaction, qualified institutional buyers purchased $119.4 million of asset-backed notes secured by ... [Read More]

Dealer & Lender Strategy Weighs Greatly on TransUnion’s 2012 Delinquency Forecast

Thursday, Dec. 15, 2011, 12:00 AM
Nick Zulovich
CHICAGO — TransUnion analysts credited shrewd decisions by dealers and lenders for pushing their 2012 auto loan delinquency projections higher than readings expected as this year closes. TransUnion indicated this week that the ratio of borrowers 60 or more days ... [Read More]

BMW Financial Lures Customers to Site with Chance for Free London Olympics Trip

Thursday, Dec. 15, 2011, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — In preparation for the 2012 London Olympic games, BMW Financial customers can now log into the company’s My BMW website to enter the running for a grand prize trip to these games, including airfare and other ... [Read More]

Experian Unveils AutoCheck Mobile for Consumer

Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Already utilized by dealers, Experian Automotive on Tuesday launched AutoCheck Mobile for Consumer. Available through both Android and iPhone devices, Experian highlighted the new application can provide used-vehicle buyers with access to AutoCheck vehicle history reports. Officials ... [Read More]

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