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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

Santander Offers Second Mobile App for RoadLoans

Tuesday, Mar. 22, 2011, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA has rolled out a free mobile application for its RoadLoans.com site that is compatible with Android smartphones. This is the second free mobile RoadLoans.com app that Santander has launched, as it debuted the iPhone in January. As ... [Read More]

CNW: Subprime Approvals Continue Hike

Tuesday, Mar. 22, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore. — Subprime approvals in March showed gains for the used- and new-vehicle sides of the market, according to the latest analysis from CNW Research, which said this uptick in approvals follows what has been the trend during the last ... [Read More]

Westlake Hits $1B in Total Receivables, Plans More Growth

Thursday, Mar. 17, 2011, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services discovered this week that its portfolio containing more than 150,000 accounts reached a new threshold in total receivables. As of March 11, company officials say this level hit $1 billion — a milestone they ... [Read More]

Fed: Loan-to-Value Ratio, Average Amount Financed Drop to Noteworthy Lows

Thursday, Mar. 17, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve's January update on averages for new-vehicle loans by finance companies revealed a few noteworthy trends, including how far both the loan-to-value ratio and the average amount financed have sunk. Officials reported that January's ratio dropped to 80 ... [Read More]

DealerTrack Sets Lender Milestone

Thursday, Mar. 17, 2011, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — The number of active lenders now connected to DealerTrack's credit application network has now reached 1,000 U.S. lenders. The network has now grown from five lenders back in 2001 to 1,000 today. "The DealerTrack credit application network ... [Read More]

KBB Taps BoA for Prime and Car.com for Subprime Auto Financing to Help Online Shoppers

Thursday, Mar. 17, 2011, 12:00 AM
Nick Zulovich
IRVINE, Calif. — In addition to revealing some auto financing trends, Kelley Blue Book announced it has teamed up with Bank of America and Autobytel's Car.com to provide shoppers with prime and non-prime finance options via Kbb.com. Thanks to the BoA ... [Read More]

FICO 8 Auto Score Gains More Lender Adoption

Tuesday, Mar. 15, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — FICO insists more vehicle lenders are synchronously migrating to the FICO 8 Auto Score — with most companies set to complete the adoption process by May. Officials indicated a number of lenders have already migrated to the FICO ... [Read More]

AutoTrakk Subprime Lease System Receives U.S. Patent Recognition

Tuesday, Mar. 15, 2011, 12:00 AM
Nick Zulovich
MONTOURSVILLE, Pa. — AutoTrakk, a vehicle leasing company specializing in the subprime market, recently was granted a patent by the U.S. Patent and Trademark Office. Patent No. U.S. 7860764 B1 officially recognizes the AutoTrakk method and system for leasing vehicles ... [Read More]

CarHop Promotes $249 Down Payment Special

Tuesday, Mar. 15, 2011, 12:00 AM
Nick Zulovich
EDINA, Minn. — CarHop, a buy-here, pay-here dealership group, is now advertising that its underwriters can get customers financed with as little as $249 down through the end of March. The company has stores in 11 states throughout the U.S., and ... [Read More]

FTC Launches Auto-Buying Roundtables as It Eyes Consumer Protection Under New Reform Legislation

Tuesday, Mar. 15, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Kicking off next month, the Federal Trade Commission will host roundtable discussions with dealers, financial experts and the public to explore consumer protection issues related to the sale, financing and leasing of light vehicles. Basically, federal officials ... [Read More]

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