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This Month's Focus

Artificial Intelligence
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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

Hyundai Adds New Perk to Assurance Program

Tuesday, Jun. 30, 2009, 12:00 AM
Nick Zulovich
FOUNTAIN VALLEY, Calif. — In an effort to drive sales by enticing buyers, Hyundai announced it has added to its Assurance program by now guaranteeing a year's worth of gas at $1.49 per gallon. Basically, as gas prices typically grow over ... [Read More]

GMAC Says Some Chrysler Dealers Not Meeting Credit Requirements for Long-Term Wholesaling

Tuesday, Jun. 30, 2009, 12:00 AM
Nick Zulovich
DETROIT — As many are aware, GMAC recently struck a deal to help Chrysler dealers; however, some these dealers are being left out in the cold because they do not meet credit requirements. GMAC confirmed late last week that not all Chrysler dealers ... [Read More]

CAR Financial Names New Territory Manager

Tuesday, Jun. 30, 2009, 12:00 AM
Nick Zulovich
ATLANTA — CAR Financial Services recently announced the addition of a new executive in the role of territory manager. Taking on this position is Ted Plummer, who rejoined the CAR Financial sales team on June 23. In the role of territory ... [Read More]

DealerTrack Hits New Milestone for In-Network Financing Sources

Tuesday, Jun. 30, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced on Monday that the number of active financing sources connected to its network has now reached 750. "Our achievement of this historic milestone for the DealerTrack network underscores our commitment to helping dealers succeed in ... [Read More]

AR/SubPrime Call for Nominations for Special Feature

Thursday, Jun. 25, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News' sister publication, Auto Remarketing, is seeking nominations to recognize top companies, including lenders, floor planners and other subprime companies, for a feature in an upcoming edition of the magazine. The deadline is Monday, so ... [Read More]

Credit Union Network Joins AppOne

Thursday, Jun. 25, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services announced Wednesday that Credit Union Acceptance Co., a credit union service organization that represents 130 credit unions in the indirect auto finance market, has joined its AppOne credit union platform. Using the AppOne ... [Read More]

Wells Fargo Provides Revolving Credit Facility to CarBiz

Thursday, Jun. 25, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced it recently provided a revolving credit facility to CarBiz. The amount of the facility is $20 million. CarBiz operates 25 buy-here, pay-here dealer locations throughout the U.S. "We are fortunate to partner ... [Read More]

MADA Endorses Reynolds’ 556 LAW Contract

Thursday, Jun. 25, 2009, 12:00 AM
Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds announced Wednesday that the Michigan Automobile Dealers Association is endorsing the its LAW 553 Universal Retail Sale Contract to the more than 700 new car dealerships that group currently represents throughout the state. The LAW ... [Read More]

VW Credit Now Offers Personalized Sites for Lessees

Tuesday, Jun. 23, 2009, 12:00 AM
Nick Zulovich
SAUSALITO, Calif. — ChannelNet, a leading provider of multichannel solutions for the auto and financial services industries, announced Volkswagen Credit has expanded its use of personalized sites to include all customers in its lease portfolio. First launched in mid-2008, VW Credit's ... [Read More]

Credit Acceptance Lengthens Maturity of Credit Facility

Tuesday, Jun. 23, 2009, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has extended the maturity of its credit facility with a commercial bank syndicate from June 22, 2010 to June 23, 2011. The amount of the facility was reduced from $153.5 million ... [Read More]

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