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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

Non-Prime Chrysler Customers Can Now Get Financed Via Santander; Expanded Automaker Relationship with GMAC

Thursday, May. 20, 2010, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — Thanks to a new partnership with Santander, starting today, Chrysler dealers can ramp up the number of credit-challenged customers they are getting behind the wheel of Chrysler, Dodge and Jeep models. Furthermore, a Chrysler spokesperson told SubPrime ... [Read More]

ABI: Quarterly, Year-Over-Year Bankruptcy Totals Continue to Climb

Thursday, May. 20, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute revealed several double-digit increases regarding several time frame comparisons when looking at latest bankruptcy totals. Beginning with first-quarter results, ABI indicated U.S. bankruptcy cases jumped 17.5 percent over the same period in 2009. That rate ... [Read More]

DealerTrack Plans Free Red Flags Webinar

Thursday, May. 20, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack is looking to help store management prepare for the imminent deadline for Red Flags enforcement by the Federal Trade Commission. Executives have planned a free Webinar to discuss this topic and more on May 27. Beyond ... [Read More]

AmeriCredit Prices $600 Million Senior Subordinate Asset-Backed Securitization

Tuesday, May. 18, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced late last week the pricing of a $600 million offering of automobile receivables-backed securities. This securitization is through lead managers Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities. Executives mentioned that co-managers are Credit Suisse, ... [Read More]

Consumer Portfolio Services Navigates Difficult First Quarter

Tuesday, May. 18, 2010, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Explaining their recent financial performance as a continued recovery from the "Great Recession," executives from Consumer Portfolio Services detailed a decline in revenue and pretax loss during the first quarter of 2010. CPS indicated that it posted a ... [Read More]

Arizona Central Credit Union Joins Effort to Assist Low-Income Buyers

Tuesday, May. 18, 2010, 12:00 AM
Nick Zulovich
PHOENIX — Arizona Central Credit Union recently partnered with the Northern Arizona Council of Governments to offer a program meant to help low-income individuals purchase a vehicle. Officials explained the basis for Wheels to Work is to assist individuals with limited ... [Read More]

While Prime, Subprime Auto ABS Delinquencies Remain Elevated, Fitch Finds Some Key Improvements That Bode Well for Industry

Tuesday, May. 18, 2010, 12:00 AM
Nick Zulovich
NEW YORK — The performance of auto asset-backed securities is a key factor in investors' and capital markets' appetite for such issuances. And with the auto lending markets tight, keeping a close eye on the performance of prime and subprime vintages ... [Read More]

Ally CEO Reaffirms Company’s Position, Commitment

Thursday, May. 13, 2010, 12:00 AM
Nick Zulovich
DETROIT — Amid reports this week that General Motors might be considering several options that would put the automaker back into auto financing, Ally Financial released a statement Wednesday emphasizing its commitment to and strong position within the auto lending industry. "Ally Financial ... [Read More]

Va. BHPH Dealer Touts Benefits of PaymentVision, Auto Master Integration

Thursday, May. 13, 2010, 12:00 AM
Nick Zulovich
GAITHERSBURG, Md. — C&G Imports, a buy-here, pay-here dealer in Arlington, Va., recently shared how solution integration of PaymentVision and Auto Master helped to enhance security and streamline financial operations for the dealership. The integration combined the solution capabilities of PaymentVision, ... [Read More]

Asset Acceptance Reports on 1Q Progress, Challenges

Thursday, May. 13, 2010, 12:00 AM
Nick Zulovich
WARREN, Mich. — The leadership of Asset Acceptance Capital Corp., a purchaser and collector of charged-off consumer debt, recently detailed how it was encouraged by the progress made in becoming more efficient and increasing purchasing, also noting that the company made strides in certain areas ... [Read More]

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