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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

Prestige Financial Strikes Rare Subprime Securitization

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Though investors have been extremely hesitant of late when it comes to the subprime auto asset-backed securities market, Prestige Financial Services apparently bucked this trend by tapping the credit markets for such a securitization earlier this month. Prestige Financial believes this ... [Read More]

ACS Introduces New Lender Platform for Dealers

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
CINCINNATI — Automobile Consumer Services recently launched the DriveItNow.net Lending Gateway to give dealers access to financing and leasing sources. DriveItNow.net is designed to help alleviate the problem dealers are having with a tightened credit market by providing a platform of ... [Read More]

Credit Union Acceptance, Wolters Kluwer Broaden Partnership

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
HOUSTON — For the second time this month, Wolters Kluwer Financial Services expanded a relationship with a credit union service organization. This time, the arrangement is with Credit Union Acceptance Co. so it can offer the AppOne platform in more markets. Now a ... [Read More]

LendingTreeAutos.com Goes Live

Tuesday, Dec. 15, 2009, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — On Monday, Tree.com announced the launch of LendingTreeAutos.com, which in addition to helping consumers obtain auto loans, will also assist consumers in deciding which vehicle to purchase next. The new site is designed to provide a variety of ... [Read More]

First Investors Curtails Originations

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
HOUSTON — Discussing latest earnings this week, First Investors Financial Services' management reported that its decision to curtail originations had an impact on results.  And while the company is seeing originations improve, the curtailment did play a factor in rises in both its ... [Read More]

Mint Leasing Makes Major Vehicle Purchase for Corporate Customers

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
HOUSTON — The Mint Leasing used a portion of its previously announced $10 million credit facility to purchase 61 vehicles for a trio of corporate clients. Mint Leasing bought all of the vehicles from Fred Haas Toyota Country, a Houston-area dealership. ... [Read More]

Lee Auto Malls Acquires Linnehan’s Credit Now

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
AUBURN, Maine — Lee Auto Malls, a 73-year-old family dealership group, recently acquired the assets of Linnehan's Credit Now and Atlantic Acceptance Corp. to create one of the largest used-vehicle operations in the state. Lee already operates 12 franchise stores primarily ... [Read More]

Experian Webinar Takes In-Depth Look into Auto Finance Market Trends

Thursday, Dec. 10, 2009, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — On Wednesday, Experian Automotive reported that rising average credit scores on both new and used loans, a downswing in delinquency rate growth and lower at-risk loan values have been pointing toward stabilization in the market. More specifically, Melinda ... [Read More]

Mitsubishi Now Offering Zero-Percent Financing to Sam’s Club Members

Tuesday, Dec. 8, 2009, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Available exclusively through the Sam's Club Auto Buying Program, an alternative to the traditional method of buying a car or truck, Mitsubishi Motors announced it is now offering special APR and lease rates to members of this big box franchise.  ... [Read More]

Fed: Average Amount Financed at Auto Lenders Hits New High

Tuesday, Dec. 8, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — According to the Federal Reserve, the average amount financed on new-car loans at auto lenders is on an upswing. After plummeting to $24,405 in August, perhaps in a reflection of the tight credit markets, this figure has now ... [Read More]

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