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This Month's Focus

Artificial Intelligence
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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
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
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
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

Westlake to Become Regular Securitization Issuer

Tuesday, Jun. 7, 2011, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services recently finalized a revolving securitization facility with Wells Fargo Securities worth $250 million. The company said the deal closed May 26. "This latest securitization is another step towards realizing our goal of becoming a ... [Read More]

Sunwest Bank Branch Now Offering Credit Lines to Subprime Auto Lenders

Tuesday, Jun. 7, 2011, 12:00 AM
Nick Zulovich
ANAHEIM, Calif. — In conjunction with hiring a new senior vice president and team leader for its commercial banking group, Sunwest Bank revealed it's now offering rediscount lines of credit to indirect subprime auto lenders from its Anaheim, Calif., office. Rediscount ... [Read More]

Ally Reiterates Strategy to Focus on Prime Auto Lending

Thursday, Jun. 2, 2011, 12:00 AM
Nick Zulovich
NEW YORK — Ally Financial addressed speculation that it might venture into more subprime auto lending. The company reiterated to SubPrime Auto Finance News about its decision to concentrate on the prime segment. However, Ally explained how it approaches borrowers ... [Read More]

GM Financial to Launch Dealer Floor Planning

Thursday, Jun. 2, 2011, 12:00 AM
Nick Zulovich
FORT WORTH Texas — General Motors dealers who use GM Financial to service subprime buyers could be using the company for more store financing operations later this year. GM Financial confirmed Wednesday that it plans to give franchise dealers a ... [Read More]

CNW: Independent Dealers’ Inventory Issues Hurt May Used Sales Total

Thursday, Jun. 2, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research's May used-vehicle sales figures show how independent and buy-here, pay-here dealers struggled somewhat to maintain retail traction because of inventory limitations. Independent dealers sold 1,490,749 used vehicles in May, a decline of 4.4 percent from ... [Read More]

CarHop’s BHPH Dealer Network Nears 50 Stores

Thursday, Jun. 2, 2011, 12:00 AM
Nick Zulovich
EDINA, Minn. — Covering 12 states, CarHop's network of buy-here, pay-here dealerships now is near 50 stores because of the recent openings in Bremerton, Wash., and Irving, Texas. The new lot in Irving is CarHop's fifth store in the Dallas-Fort ... [Read More]

GM Financial Prices Senior Notes Offering

Tuesday, May. 31, 2011, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial Co. announced late last week that it has priced a private offering of $500 million worth of 6.75 percent senior notes due in 2018. The notes will be offered only to qualified institutional buyers in accordance with ... [Read More]

J.D. Byrider Franchise Destroyed by Tuscaloosa Tornado

Tuesday, May. 31, 2011, 12:00 AM
Nick Zulovich
TUSCALOOSA, Ala. — J.D Byrider announced it is partnering with a Tuscaloosa, Ala., franchisee to support tornado victims and the community. Steve and Jeanne Locklear, who own a Tuscaloosa J.D Byrider location, as well as the Locklear Chysler Jeep Dodge dealership, donated $1,500 ... [Read More]

Experian Reveals Late-Model Used Financing Trends

Tuesday, May. 31, 2011, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Along with determining the top 20 lenders by market share, Experian Automotive revealed it has started to track a new piece of data for its quarterly analysis of vehicle financing. It is now taking a deeper look into used ... [Read More]

Car-Mart Avoids Inventory Pinch & Watches Revenue Climb

Tuesday, May. 31, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Propelled by a 16.4-percent revenue jump during the fourth quarter, America's Car-Mart showed that it finished its 2011 fiscal year with gains in net income, its customer base and more. Car-Mart's fiscal year wrapped up on April ... [Read More]

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