Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Artificial Intelligence
Presented by
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

Auto Credit Express Forms Partnership to Help Clients Rebuild Credit

Thursday, May. 13, 2010, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — Auto Credit Express has teamed up with United Credit Education Services to roll out a new Web site, FutureCreditScore.com, and offer its clients credit rebuilding services. Thanks to this partnership, AutoCreditExpress customers now have a way to ... [Read More]

Nicholas Financial Reports Upward Movement in Earnings, Revenue

Tuesday, May. 11, 2010, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — A look into Nicholas Financial's most recent quarterly performance report showed strong gains in net earnings and revenue, as well as plans to continue the company's expansion. For the most recent fiscal quarter, the company's net earnings, excluding change ... [Read More]

iMETRIK Forms New Business Unit to Manage Growth

Tuesday, May. 11, 2010, 12:00 AM
Nick Zulovich
MONTREAL, Quebec — iMETRIK Solutions, a provider of embedded wireless solutions for the buy-here, pay-here dealer industry, recently announced it created a new business unit to handle client growth. Because of steady company advancement during the past five years, executives have rolled ... [Read More]

Comerica: Auto Affordability Hits Nine-Quarter Low

Tuesday, May. 11, 2010, 12:00 AM
Nick Zulovich
DALLAS — Increased interest rates were the primary factor in pushing first-quarter auto affordability down to a more than two-year low, according to Comerica Bank, which released its most recent Auto Affordability Index today. Specifically, it required 23.4 weeks of median ... [Read More]

Chase Lends Hand to Haiti Relief Efforts

Tuesday, May. 11, 2010, 12:00 AM
Nick Zulovich
GARDEN CITY, N.J. — Chase Auto Finance has pitched in for the Haiti relief efforts, providing  a 2004 GMC Sierra 1500 SLE for the "100 Trucks for Haiti" campaign that will be used to help dole out food, water and medicine ... [Read More]

DealerTrack’s 1Q Performance Enhances Financial Outlook for 2010

Thursday, May. 6, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings enjoyed revenue gains in the first quarter of 2010, helping the company to maintain its financial guidance forecast for the year. Executives noted that their revenue for the quarter was $56.8 million as compared with $55.7 ... [Read More]

ABI: April Bankruptcy Total Slightly Lower Than Previous Month

Thursday, May. 6, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Consumer bankruptcies slowed somewhat in April as compared to the previous month. But the American Bankruptcy Institute found the April total still was 15 percent higher than the amount filed during the same month in 2009. ABI shared ... [Read More]

Capital One Auto Finance Bolsters Originations by 32 Percent

Thursday, May. 6, 2010, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One Auto Finance recently reported that quarter-over-quarter auto originations are up 32 percent, but the management team said these remain down modestly from the first quarter of 2009. Originations for the first quarter came in at $1,343,463, ... [Read More]

Credit Union Acceptance Joins AppOne’s Marine, RV Platforms

Thursday, May. 6, 2010, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Credit Union Acceptance Co., a service organization that represents 130 credit unions, will now offer Wolters Kluwer Financial Services' AppOne platform to its network of marine, powersports and RV dealerships. This announcement is designed to build on ... [Read More]

GMAC More Than Doubles Year-Over-Year U.S. Originations

Tuesday, May. 4, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Along with announcing that the parent company has been rebranded to Ally Financial and providing an update on business with Chrysler dealers, GMAC Financial Services reported this week that North American originations came in at $6.7 billion for ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X