TruDecision’s Parry defends current status of subprime auto finance
Monday, May. 11, 2026, 11:52 AM
Metrics that formed April’s Dealertrack Credit Availability Index ‘masked a more complex picture’
Tuesday, May. 12, 2026, 10:08 AM
NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award
Friday, May. 8, 2026, 10:56 AM
This Month's Focus
Artificial Intelligence
Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
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
Tuesday, May. 12, 2026, 01:47 PM
SPONSORED EPISODE: Know your Buyer & Grow your Lot
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
Tuesday, May. 12, 2026, 09:20 AM
FICO’s Shams Blanc on lenders sharpening underwriting & more
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
Wednesday, Apr. 29, 2026, 03:54 PM
Daimler Financial has Optimistic 4Q Outlook Despite Sales Drop
Tuesday, Nov. 10, 2009, 12:00 AM
Nick Zulovich
BERLIN — Even though Daimler Financial Services recorded a 7-percent drop in vehicle sales to 58.7 million euros through the third quarter of 2009, the company announced today it expects to post positive results in the final quarter of the year ... [Read More]
Sonic Purchases RouteOne Compliance Subscriptions for Its Dealers
Tuesday, Nov. 10, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that subscriptions to its IDOne and SecureDocOne tools will be provided by Sonic Automotive to all its dealerships nationwide. The investment is designed to assist Sonic's dealers in meeting FTC compliance requirements through ... [Read More]
GMAC: More than 90% of Chrysler Dealers Who Applied Expected to Get Floor Planning Agreements
Tuesday, Nov. 10, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC announced Monday that it has ramped up its position as the preferred financing source for the Chrysler Group, its dealers and customers. Ultimately, more than 90 percent of Chrysler dealerships who applied for wholesaling lines are expected to be ... [Read More]
ABI: Yearly Bankruptcy Filings on Pace for Highest Total Since 2005
Thursday, Nov. 5, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Consumer bankruptcy filings in October were up almost 28 percent from a year ago, according to the American Bankruptcy Institute, which projected Wednesday that year-end total bankruptcies will likely reach more than 1.4 million, marking a four-year high. ... [Read More]
Wolters Kluwer: Banks, Credit Unions Find Indirect Lending Crucial to Growth
Thursday, Nov. 5, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — In a bit of good news for auto dealers, a majority of banks and credit unions surveyed recently by Wolters Kluwer Financial Services said the indirect lending will be vital to their growth in the next two years, though ... [Read More]
DealerTrack Posts Improved 3Q Results, Revises Yearly Guidance
Thursday, Nov. 5, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Though it still recorded a net loss, DealerTrack showed year-over-year improvements in its third-quarter financial results, and the company's leadership says it is pleased with the performance and the progress DealerTrack has made. Specifically, the company recorded a ... [Read More]
GMAC Shows 3Q Strength in Auto Financing Business
Thursday, Nov. 5, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Boosted by originations returning to more normal levels, credit improvements and used-car prices, GMAC reported this week that it global auto finance business had a third-quarter pre-tax income from continuing operations of $395 million, compared to a pre-tax ... [Read More]
AmeriCredit Announces $227 Million Asset-Backed Securitization
Tuesday, Nov. 3, 2009, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Late last week, AmeriCredit Corp. announced the pricing of a $227 million offering of automobile receivables-backed securities, which are part of the AmeriCredit Prime Automobile Receivables Trust program. Basically, APART represents loans that have been originated via ... [Read More]
NAF Association Adopts New Lending Term
Tuesday, Nov. 3, 2009, 12:00 AM
Nick Zulovich
HANOVER, Md. — The National Automotive Finance Association announced it will be using one term to standardize the various levels of financing for its members. The newly coined "below-prime" will be used by the organization to help avoid confusion when discussing ... [Read More]
FTC Delays Red Flags Enforcement Again
Tuesday, Nov. 3, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Prompted by Congress, the Federal Trade Commission has again pushed back its enforcement of the Red Flags Rule until June 1 for financial institutions and creditors that fall under its jurisdiction. FTC enforcement of the rule — which was ... [Read More]
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