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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

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]

Huntington’s Double-Digit Auto Loan Climb Boosts 1Q Gains

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Along with offering forecasts about how it might fare later in the year, Huntington Bancshares recently revealed that it opened 2011 with a 13-percent jump in auto loans year-over-year, helping its first-quarter net income total climb to ... [Read More]

CPS Details Year’s First Asset-Backed Securitization

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced this week the closing of its first rated term securitization of the year. The company highlighted the transaction is CPS' second senior subordinate securitization since 1993.  In the transaction, executives explained qualified institutional ... [Read More]

Nicholas Financial to Remain Standalone Company

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — After being approached about potentially being acquired, Nicholas Financial began a strategic review of its business model to decide the best course of action. With the analysis now complete, management revealed the best course of action for shareholders ... [Read More]

BHPH Inventory Costs Continue to Be Major Challenge

Thursday, Apr. 28, 2011, 12:00 AM
Nick Zulovich
HOUSTON — As Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, prepares for the upcoming Dealer Academy and annual conference in mid May, he revealed some early benchmark results to SubPrime Auto Finance News. One of the key trends ... [Read More]

Daimler to Set Up India Financial Arm

Tuesday, Apr. 26, 2011, 12:00 AM
Nick Zulovich
CHENNAI, India and BERLIN — Daimler AG recently learned it received approval from the Reserve Bank of India to setup a finance company in the country. Executives explained the newly founded company — Daimler Financial Services India Private Limited — ... [Read More]

KAR Looks to Refinance Debt

Tuesday, Apr. 26, 2011, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Given the current favorable market conditions, KAR Auction Services announced this morning that it intends to refinance a portion of its indebtedness to allow for a greater flexibility to prepay debt. "The purpose of the planned refinancing is ... [Read More]

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