Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
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
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
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
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’
Sunday, Apr. 19, 2026, 04:27 AM
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

Wolters Kluwer Unveils Indirect Lending Directory

Tuesday, May. 10, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services is looking to help dealerships connect with more lending sources through its new Indirect Lending Directory. The listing contains lenders that accept and use the company's retail installment contracts to document the financing of ... [Read More]

Triad Veterans Launch CarFinance Capital

Tuesday, May. 10, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Several industry veterans behind Triad Financial recently banded together to launch a new non-prime auto finance lender, CarFinance Capital. Based in California, the company will first launch on the West Coast, expand to Texas in June and then continue ... [Read More]

ABI: April Bankruptcy Level Marks Month-Over-Month and Year-Over-Year Drops

Thursday, May. 5, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — American Bankruptcy Institute officials determined April's consumer bankruptcies dropped both month-over-month and year-over-year. According to data from the National Bankruptcy Research Center, there were 134,720 consumer bankruptcy filings in April. ABI indicated that this amount was 7 ... [Read More]

DriveTime Unveils Exchange Offer for Senior Secured Notes

Thursday, May. 5, 2011, 12:00 AM
Nick Zulovich
PHOENIX — DriveTime Automotive Group and DT Acceptance Corp., announced this week the start of an exchange offer for $151 million  aggregate principal amount of their outstanding 12.625-percent Senior Secured Notes due in 2017. The decision also includes the guarantees ... [Read More]

GM Financial: GM Financing & Leasing Reaches Almost 40% of Quarterly Originations

Thursday, May. 5, 2011, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — GM Financial revealed Wednesday that loan and lease financing on new General Motors vehicles accounted for 38.8 percent of the company's quarterly origination volume, compared to 19 percent in the previous quarter. Loan originations for the quarter ... [Read More]

Huntington Auto Finance Supports Japan Recovery

Thursday, May. 5, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington Auto Finance recently announced that it will make a donation for every auto loan booked through its dealership partners — up to $100,000 — to the Japanese Red Cross Society. Donations will be made in the names of the ... [Read More]

Hudson Cook Partner to Discuss e-Auto Loan Processes

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
BALTIMORE — eOriginal, a vaulted repository, electronic signature and transaction management solution provider, is bringing together a partner from Hudson Cook and the president of Connections Insights for an auto finance Webinar. These experts plan to discuss how electronic signatures ... [Read More]

Santander Adopts NAAA’s National Certification Standards

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA revealed this week it has adopted the National Auto Auction Association's Silver National Certification Standard for finance company vehicles sold at auctions nationwide. Santander recapped that this wholesale certification program introduced by NAAA in January ... [Read More]

Ally: Leasing Grows to 16%, While Used Originations Climb to 17%

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
NEW YORK — In reporting its preliminary first-quarter results, Ally Financial announced that its auto originations from continuing operations soared 75 percent for the first quarter to $14.3 billion, compared to $8.2 billion in the previous year. First-quarter consumer originations included ... [Read More]

Experian to Break Out BHPH Demographics at NABD 2011

Tuesday, May. 3, 2011, 12:00 AM
Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers announced this week that an Experian credit expert will be on hand at its annual event to break out the BHPH marketplace, number of dealers and largest stats for BHPH financing. Melinda ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X