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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

Innovative Funding Services Taps New Director of Operations

Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
AUSTIN, Texas — Innovative Funding Services responded to broadening expansion Tuesday by promoting one its executives to director of operations. Taking on the role at the financing company for lessors and fleet-management businesses is Robert Rohner. When IFS moved to its ... [Read More]

Ally Unveils Exchange Offer

Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
DETROIT — On Monday, Ally Financial rolled out an exchange offer for its outstanding 8-percent Senior Guaranteed Notes due 2020.   Back in March, the company had initially issued a principal amount of these old notes totaling $1.9 billion in two ... [Read More]

DealerTrack Shows Strong 3Q Gains

Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With revenue gains on both the transaction and subscription sides of the company's operations, DealerTrack saw its total revenue improve more than 7 percent during the third quarter. Moreover, it enjoyed GAAP net income of $1.2 ... [Read More]

Credit Acceptance’s 3Q Income Strengthened by Stable Returns

Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — A continued stretch of stable returns propelled Credit Acceptance Corp. to more positive gains in consolidated and adjusted net income during the third quarter. The company revealed earlier this week that its consolidated net income totaled $42.0 million ... [Read More]

ABI: October Filings Edge Higher From Previous Month

Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
ALEXANRIA, Va. — American Bankruptcy Institute officials determined this week that October filings represented a slight rise from the previous month, but a decline from the year-ago period. Relying on data from the National Bankruptcy Research Center, the institute reported U.S. ... [Read More]

Ally Points to Used-Vehicle Market as Growth Opportunity

Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Revealing preliminary third-quarter results, Ally Financial said that for its auto finance business one of the areas it sees as a strong growth opportunity is the used-vehicle market. And the company has already been ramping up originations for ... [Read More]

Huntington Expands Into Five New England States

Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington announced Wednesday that it is expanding its auto dealer financing business into five additional states, including Massachusetts, Rhode Island, Vermont, New Hampshire and Maine. Nick Stanutz, Huntington's senior executive vice president and head of the auto finance and dealer ... [Read More]

Exeter Finance Partners with Open Dealer Exchange

Tuesday, Nov. 2, 2010, 12:00 AM
Nick Zulovich
TROY, Mich. — Open Dealer Exchange announced Monday that it now has an agreement with Exeter Finance Corp. for credit application integration directly within the dealership management system. Open Dealer Exchange is designed to streamline the sales process by securely embedding financial ... [Read More]

Nicholas Financial Reports Record 2Q Earnings, Revenue

Tuesday, Nov. 2, 2010, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — A double-digit jump in revenue pushed Nicholas Financial to record net earnings during its most recent quarter as well as impressive gains for the first six months of its fiscal year. Company executives recently shared that their net ... [Read More]

MVTRAC Brings Santander Consumer USA into Recovery Network

Tuesday, Nov. 2, 2010, 12:00 AM
Nick Zulovich
PALATINE, Ill. — This week, Santander Consumer USA joined MVTRAC's network of automotive lenders. The new relationship means as an indirect/direct lender and portfolio purchaser with more than 12,000 dealership relationships nationwide, Santander brings thousands of VINs and an ongoing daily supply ... [Read More]

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