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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
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

ABI: January Consumer Bankruptcies Drop to Lowest Level in Two Years

Thursday, Feb. 3, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Along with sharing poll results that feature expectations for the current fiscal year, the American Bankruptcy Institute revealed January consumer bankruptcies decreased 22 percent nationwide from December. Based on data from the National Bankruptcy Research Center, ABI ... [Read More]

Ford Credit Enjoys Profitable 2010, Expects Some Softening This Year

Tuesday, Feb. 1, 2011, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Like its parent, Ford Credit posted a sizable net income gain in 2010. Company officials indicated net income last year came in at $2 billion, an improvement of $0.7 billion from Ford Credit's earnings of $1.3 billion ... [Read More]

Non-prime Boat, RV & Motorcycle Lender Adopts AppOne Platform

Tuesday, Feb. 1, 2011, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — A lender that provides boat, RV and motorcycle loans for customers with past credit problems recently joined Wolters Kluwer Financial Services' AppOne platform. Officials explained Merrick Bank works closely with dealers to help them retain valuable ... [Read More]

Ally Financial’s 4Q and 2010 Auto Originations Soar

Tuesday, Feb. 1, 2011, 12:00 AM
Nick Zulovich
NEW YORK — Ally Financial's chief executive officer described 2010 as a "transformative" year for the company. And one of its key business segments, Global Automotive Services, showed significant growth in preliminary fourth-quarter and full-year originations in the U.S. and throughout ... [Read More]

Westlake Financial Issues Open Letter to Dealers

Tuesday, Feb. 1, 2011, 12:00 AM
Nick Zulovich
LOS ANGELES — Thank you for helping to make Westlake recognized across the industry as a financial leader. We are thankful for your business and helping us grow! We are financially strong and ready to aid you in selling more vehicles and we ... [Read More]

GM Financial Prices $800 Million in Securities

Thursday, Jan. 27, 2011, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — To raise more capital to generate more auto loans, GM Financial announced Wednesday the pricing of an $800 million offering of auto asset-backed securities. The securities were priced through lead managers Barclays Capital, Credit Suisse and Wells Fargo Securities. ... [Read More]

Compli Expands Platform to Include More Business Ops Features for Dealers

Thursday, Jan. 27, 2011, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — A possible solution to dealership quandaries when it comes to personnel decisions and business operations, Compli recently rolled out a series of new software features. The HR and compliance management software provider indicated background checks and drug ... [Read More]

Nicholas Financial Posts Record 3Q Revenue, Earnings

Thursday, Jan. 27, 2011, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — While Nicholas Financial disclosed earlier this month that the company could be sold, executives highlighted record net earnings and revenue figures for the third quarter. On Thursday, Nicholas Financial revealed net-earnings spikes of more than 50 percent ... [Read More]

Enterprise Taps DealerTrack for F&I Compliance Needs

Thursday, Jan. 27, 2011, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack and Enterprise Car Sales, a division of Enterprise Rent-A-Car, announced an agreement this week that means the used-car retailer will deploy the DealerTrack Compliance Solution in all of its more than 140 locations nationwide. Officials see the DealerTrack Compliance ... [Read More]

Huntington Grows Auto Loans & Leases by $2.2 Billion Year-Over-Year

Tuesday, Jan. 25, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — In a discussion of Huntington Bancshares fourth-quarter results, management revealed that average consumer loans climbed by $500 million, driven largely by a $400 million uptick in average auto loans and leases. Auto loans and leases are up 7 ... [Read More]

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