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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

SECU of New Mexico Rolls out Contest to Generate More Vehicle Loans

Thursday, Jun. 23, 2011, 12:00 AM
Nick Zulovich
SANTA FE, N.M. — State Employees Credit Union of New Mexico shared ways new and current members can win the grand prize of its new auto loan promotion contest. Now running through Aug. 31, the credit union is prepared to ... [Read More]

LexisNexis Unveils Revamped Receivables Management Website

Thursday, Jun. 23, 2011, 12:00 AM
Nick Zulovich
NEW YORK — LexisNexis officially re-launched its dedicated receivables management website, outfitting the site with new Web 2.0 capabilities in an attempt to create an interactive, online experience.  The website now features blog posts and articles relevant to the receivables ... [Read More]

Nationwide Joins the AppOne Platform

Thursday, Jun. 23, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Nationwide Acceptance Corp. dealer customers may now process credit applications electronically through Wolters Kluwer Financial Services’ AppOne lender platform. The two companies recently announced that Nationwide has joined the AppOne lender platform, which automates the indirect lending, credit ... [Read More]

S&P/Experian: Auto Loan Defaults Decline

Thursday, Jun. 23, 2011, 12:00 AM
Nick Zulovich
NEW YORK — According to the S&P/Experian Consumer Credit Default Indices, the auto loan default rate dropped from 1.45 percent in April to 1.34 percent in May. Moreover, first and second mortgage default rates decreased in May to 2.09 percent and ... [Read More]

Credit Acceptance Increases Credit Facility

Tuesday, Jun. 21, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. has extended the maturity and increased the amount of its revolving secured line of credit facility, as well as extended the date on which its $325 million revolving secured warehouse facility will cease to revolve. Credit Acceptance ... [Read More]

Hyundai Renews Partnership with Social Website to Help Consumers with Down Payments

Tuesday, Jun. 21, 2011, 12:00 AM
Nick Zulovich
FOUNTAIN VALLEY, Calif. — In an effort to push the 2012 Accent and the rest of its new-model lineup, Hyundai Motor America renewed its partnership with Motozuma, a free social savings website where consumers can stash money to be used ... [Read More]

Finance Express Now Offers AutoCheck Reports Online

Tuesday, Jun. 21, 2011, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Taking its dealer suggestions seriously, Finance Express recently announced that Experian Automotive’s AutoCheck vehicle history reports will now be available through the company’s Internet-based dealer management system. "We take our dealers' suggestions very seriously, so ... [Read More]

PNC to Expand South with RBC Bank Purchase

Tuesday, Jun. 21, 2011, 12:00 AM
Nick Zulovich
PITTSBURGH — PNC announced this week that it has reached a deal to purchase the U.S. arm of Royal Bank of Canada for $3.45 billion, or a $112 million discount on "tangible book value," according to management. With about $25 billion in ... [Read More]

Chase Reaches Settlement with OCC

Thursday, Jun. 16, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — SubPrime Auto Finance News learned Wednesday that JP Morgan Chase & Co. has settled some challenges raised by the Office of the Comptroller of the Currency over its auto finance credit tactics and credit tactics at two other ... [Read More]

DBRS: Auto ABS Performance Outshines Other Investment Segments During Recession

Thursday, Jun. 16, 2011, 12:00 AM
Nick Zulovich
NEW YORK — Evidently the portfolio assembled by auto lenders during the past five years generated stronger returns for Wall Street investors than other possibilities such as home mortgages. That's according to the assessment offered by DBRS in its latest ... [Read More]

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