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This Month's Focus

Artificial Intelligence
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COMMENTARY: Inventory acquisition in the AI age
Friday, May. 29, 2026, 01:00 PM
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like ... Read More
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
Friday, May. 29, 2026, 11:54 AM
When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and ... Read More
Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data ... Read More
Experian’s Melinda Zabritski discusses ongoing stretching of terms
Friday, Jun. 12, 2026, 09:35 AM
The latest appearance on the Auto Remarketing Podcast by Melinda Zabritski, Experian’s head of automotive financial insights and Automotive Intelligence Award recipient, focused on auto-loan terms, which oftentimes are at least 72 months nowadays. Zabritski also compared a data point ... Listen Here
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Tuesday, Jun. 2, 2026, 01:30 PM
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PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver
Tuesday, Jun. 2, 2026, 01:23 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here

Fed Launches New Survey to See How Recession Impacted Households

Tuesday, Jul. 28, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve Board announced Monday that it will soon begin a statistical study of household finances to update data collected at the outset of the economic downturn that began in late 2007. The 2009 Survey of Consumer ... [Read More]

Ford Credit Back in the Black But Expects Second Half to Show Less Strength

Thursday, Jul. 23, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — In a positive turn of events, Ford Credit announced today that it has posted net income of $413 million for the second quarter, a significant improvement of $1.8 billion from a net loss of $1.4 billion last year. ... [Read More]

Infiniti Launches Special Summer Financing/Lease Rates

Thursday, Jul. 23, 2009, 12:00 AM
Nick Zulovich
FRANKLIN, Tenn. — Infiniti announced this week that it is now it is running special leasing and financing terms through Aug. 31. The automaker is offering zero percent financing on select 2009 models. Additionally, special lease rates are also available. For example, a lease on the 2009 ... [Read More]

Prestige Financial Names Executive VP of Ops

Thursday, Jul. 23, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services recently named an executive vice president of operations. Promoted to this position is Rich Hyde. In this role, Hyde will oversee loan servicing, operations policy and client special situations for the Salt Lake City-based ... [Read More]

XpressCredit’s Web Site Gets a Makeover

Thursday, Jul. 23, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced the introduction of a redesigned Web site with a more streamlined navigation flow and more comprehensive information on the company's product offerings. In addition to an entirely new look, some features of the new site, which ... [Read More]

Spinella: Subprime Continues to Take it on the Chin

Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
BANDON, Ore. — Apparently, gaining approval on an average auto loan is easier today than it has been since October 2008; however, subprime approvals aren't so easy to obtain, according to Art Spinella, of CNW Research. Spinella explained that while subprime ... [Read More]

Credit Union Offers Special Summer Auto Loan Rates

Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
BURBANK, Calif. — Lockheed Federal Credit Union announced it has slashed summer rates on new and used car loans as a part of its Summer Loan Sale, which will run through Aug. 31. "Consumers can save a bundle with special new ... [Read More]

Wells Fargo Provides $20 Million Revolving Credit to Tower Loan

Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co, announced it has recently added $20 million to Tower Loan of Mississippi and its affiliated consumer lending companies' existing credit  facility, bringing the total facility to ... [Read More]

New Product Introduced to Help Dealers Prescreen Floor Traffic, Prospects

Tuesday, Jul. 21, 2009, 12:00 AM
Nick Zulovich
DAVENPORT, Iowa — Iowa-based Dealer Marketing Services, the creators of ProMax Online, recently announced the introduction of a system that can help dealers to pre-qualify consumers for auto financing by simply entering the consumer's name and address into the Instant Screen ... [Read More]

NICB, Authorities Respond to Challenge of Consumers Fraudulently Reporting Vehicles Stolen to Avoid Payments

Thursday, Jul. 16, 2009, 12:00 AM
Nick Zulovich
DES PLAINES, Ill. — According to the National Insurance Crime Bureau, a trend has been emerging as consumers struggle to pay their bills. Rather than walking away from vehicle payments that can no longer be afforded, apparently many consumers are reporting ... [Read More]

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