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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

Leedom BHPH Convention Upcoming

Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — The 15th Annual Leedom Group National Buy-Here, Pay-Here Convention, dedicated to the BHPH and non-prime marketplace, will be held Oct. 12-14 at Caesars Palace in Las Vegas. "The Leedom Group has worked with hundreds of dealers across the ... [Read More]

GM CEO Thanks Rattner for Service as He Announces Plans to Leave

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
DETROIT — General Motors' head Fritz Henderson issued a statement Monday thanking Steve Rattner as a key contributor to the automaker coming out of bankruptcy so quickly. As many have heard, Rattner announced Monday he is leaving his role with the ... [Read More]

DealerTrack Adds New Feature to Help Dealers Comply with Red Flags

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — This morning, DealerTrack announced the addition of a free enhancement to its credit application network that is designed to help dealers strengthen their compliance programs and reduce the risk of identity theft and fraud by flagging abnormal ... [Read More]

AppOne Gains New Indirect Auto Lender Relationship

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services recently announced that a 110-year-old Gulf South financial services leader, Hancock Bank, has joined its AppOne platform. With access to AppOne's network of more than 3,000 auto dealers, Hancock Bank, which has locations ... [Read More]

NADA Seeks Additional Floor Plan Assistance for Dealers

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — Realizing that access to credit is still limited for both domestic and import dealers, the National Auto Dealers Association said it is working with Congress, the Department of the Treasury and the Federal Reserve Board to expand the ... [Read More]

CarMax Takes Advantage of TALF for Securitization

Tuesday, Jul. 14, 2009, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax announced today that it has completed a private placement securitization. More specifically, the securitization is a private placement of $490 million principal amount of CarMax Auto Owner Trust 2009-A Asset-Backed Notes. J.P. Morgan Securities Inc. acted as adviser on ... [Read More]

Judge Issues Ruling in Legal Dispute Between DealerTrack, RouteOne and Finance Express

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — In the latest turn of events in ongoing legal battle between Finance Express, DealerTrack and RouteOne, the companies involved announced that the judge ruled this week that one of DealerTrack's patents involved in the dispute is ... [Read More]

Fed: Consumers’ Average Amount Financed at Auto Lenders Hits New High

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Reviewing the records available from the Federal Reserve, SubPrime Auto Finance News discovered that the median amount financed at auto finance companies reached a new record in May. This could perhaps be indicative that despite the struggling economy, ... [Read More]

AmeriCredit Announces $725 Million Senior Subordinate Asset-Backed Securitization

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
FORT WORTH — AmeriCredit Corp. announced Wednesday the pricing of a $725 million offering of automobile receivables-backed securities through lead managers Credit Suisse and Deutsche Bank Securities. Co-managers are Barclays Capital, J.P. Morgan, RBS and Wells Fargo Securities. Basically, AmeriCredit uses ... [Read More]

Westlake Financial Enters Three New States

Thursday, Jul. 9, 2009, 12:00 AM
Nick Zulovich
LOS ANGELES —Westlake Financial Services announced its expansion into three new states, including Maine, Connecticut and Alaska. The company began business in these states starting July 1. The company also names Kyle Dietrich the new assistant vice president of sales. ... [Read More]

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