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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

1-800-LoanMart Goes to the Wrestling Ring for Latest Promotion

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
LOS ANGELES — Executives from 1-800-LoanMart, a direct financer title loan company, recently announced they've recruited one of the most famous performers from the sports entertainment world to be featured in upcoming promotions. Professional wrestler and 12-time world heavyweight champion better ... [Read More]

Leasing Opens Back Up and Begins to Thrive as Automakers Seek Higher Sales Goals

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
BANDON, Ore. — Many captives pulled out of the leasing waters when the economy soured in 2008 and 2009, meaning that only consumers with stellar credit records could get a lease deal from the few remaining players. However, the winds are ... [Read More]

Credit Acceptance Shows Gains in Loan Volume, Extends Revolving Warehouse Facility

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Along with an update on a revolving secured warehouse facility and a tender stock offer, Credit Acceptance Corp. shared specifics about significant growth in consumer loan unit volume and value amounts for the recent two- and five-month spans. ... [Read More]

Former AmeriCredit Exec Becomes CEO of Exeter Finance

Tuesday, Jun. 22, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — Exeter Finance Corp. recently announced that it has a new chief executive officer and vice chairman. Taking on this role is Mark Floyd. Floyd has a long history with Exeter's founders, which include Sam Ellis, Richard Frunzi, Daniel ... [Read More]

First Associates Names New EVP

Thursday, Jun. 17, 2010, 12:00 AM
Nick Zulovich
SAN DIEGO — National loan servicer First Associates recently tapped a veteran with more than 20 years of industry experience to be its executive vice president and equity partner. Taking on this role is Laurence Chiavaro, who has been charged by ... [Read More]

CarMax Expands Ohio Market Penetration

Thursday, Jun. 17, 2010, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax doubled the amount of rooftops it has in Ohio this week. The company already operated two facilities in the state capital, Columbus, but now showrooms are up and running in both Cincinnati and Dayton. The new Cincinnati ... [Read More]

Fitch Says Prime Losses Down But Issues Words of Caution

Thursday, Jun. 17, 2010, 12:00 AM
Nick Zulovich
NEW YORK — According to Fitch Ratings delinquencies and losses on prime auto loan asset-backed securities hit their lowest levels in May since the summer of 2007. However, officials cautioned that this trend was "mainly due to seasonal factors." In fact, ... [Read More]

AmeriCredit’s CEO Describes Surviving the Downturn

Thursday, Jun. 17, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — At the recent Below-Prime Credit Auto Financing Conference, Dan Berce, president and chief executive officer of AmeriCredit, described how his company survived what many have called another "Great Depression." AmeriCredit's management team started to see the capital ... [Read More]

iMETRIK to Hold Free Webinar about GPS/SID Evaluation

Tuesday, Jun. 15, 2010, 12:00 AM
Nick Zulovich
MONTREAL, Quebec — iMETRIK Solutions, a provider of embedded wireless solutions for the buy-here, pay-here dealer industry, is orchestrating a free Webinar meant to help store management more effectively evaluate GPS and starter-interrupt device technology. Organizers plan to share a checklist ... [Read More]

Experian Shares Latest Auto Loan Trends, Top Lenders

Tuesday, Jun. 15, 2010, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive reviewed first-quarter data regarding open auto loans and found the better the credit standing, the more growth there has been as compared to the first quarter of 2009. In fact, Experian indicated the only growth came ... [Read More]

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