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This Month's Focus

Artificial Intelligence
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Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
Dealer group C-suite executives examine role of AI at auto retailers
Monday, May. 18, 2026, 10:23 AM
Artificial intelligence in auto retail, says Zeigler Auto Group chief operating officer Sam D’Arc, is in a similar place as digital retail was 4-5 years ago. There’s a lot of excitement, but perhaps not a complete understanding of how AI ... Read More
Dealers look to AI for customer experience boost
Monday, May. 18, 2026, 10:10 AM
Sam D’Arc doesn’t remember what his query was when he first used ChatGPT, but the response was fast and accurate. “It caused a little bit of awe and surprise in how well it extracted information into the answer to the ... Read More
Assuring potential buyers about used EV battery health with David Giacobbe of Voltest
Wednesday, May. 20, 2026, 04:01 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. One of the key questions buyers ask dealers about ... Listen Here
Why vehicle recalls are becoming more complex and frequent
Wednesday, May. 20, 2026, 03:52 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. This conversation features Cherokee Media Group’s Andrew Friedlander and ... Listen Here
Why now is the time used-car leasing might gain sustained momentum
Wednesday, May. 20, 2026, 03:25 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. FlexPath DXP chief executive officer Tarry Shebesta draws on ... Listen Here

CarBiz Acquires Star Financial

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — In a move to expand its role in the buy-here, pay-here industry, CarBiz announced it has acquired Star Financial Services, which has a portfolio of consumer notes. Since 1966, Star Financial has served as an indirect lender to ... [Read More]

Capital One: First-Time Car Buyers More Likely to Pay Cash

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — In an interesting twist, the number of recent graduates who told Capital One Auto Finance that they would pay for their first car in cash almost came close to doubling over last year. In its annual survey, the ... [Read More]

Wolters Kluwer Launches Indirect Lending Unit

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced on Wednesday that it has formed a new Indirect Lending business unit to strengthen its commitment and expand its reach across the broader indirect lending market. Over the past two years, Wolters Kluwer indicated ... [Read More]

Pelican Resource Group Introduces Subprime Program for Dealers

Thursday, Jun. 18, 2009, 12:00 AM
Nick Zulovich
CHERRY HILL, N.J. — Earlier this week, Pelican Resource Group announced that franchised and independent dealerships  looking to move excess used and wholesale inventory now have the option of a comprehensive program to help them increase sales and generate cash. To ... [Read More]

Wells Fargo Increases Capital Commitment to Westlake Financial

Tuesday, Jun. 16, 2009, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced it has increased its lending commitment to Westlake Financial Services from $120 million to $150 million. Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co., is the lead agent of ... [Read More]

TransUnion: 60-Day Auto Loan Delinquency Rate to Hit 1% by Year-End

Tuesday, Jun. 16, 2009, 12:00 AM
Nick Zulovich
CHICAGO — While TransUnion.com reported that there was a drop in the average first-quarter 60-day auto loan delinquency rate throughout the nation, the company attributed this more to seasonal patterns than a reversal of trends related to the auto lending environment. ... [Read More]

USAA, GM Partner to Offer Special Discount

Tuesday, Jun. 16, 2009, 12:00 AM
Nick Zulovich
SAN ANTONIO, Texas — USAA and General Motors have teamed up to offer a special discount, on top of current rebates and dealer incentives, for the credit union's members. More specifically, the offer provides for up to $1,000 in additional discounts ... [Read More]

Colo. Credit Unions Align to Launch New Auto Shopping Tool for Members

Tuesday, Jun. 16, 2009, 12:00 AM
Nick Zulovich
LAKEWOOD, Colo. — Colorado credit union members apparently now have a new non-traditional, more comfortable and convenient way to shop for cars, access credit union financing and purchase vehicles at pre-negotiated, no-haggle prices. WhereMembersDrive.com is designed to provide the state's credit ... [Read More]

Hudson Receives Lifetime Achievement Award

Thursday, Jun. 11, 2009, 12:00 AM
Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds recently congratulated Tom Hudson, of Hudson Cook, on receiving the prestigious Senator William Proxmire Lifetime Achievement Award from the American College of Consumer Financial Services Lawyers this spring. The college presents the award periodically to those who ... [Read More]

Non-Prime Auto Financing Survey: Used Portfolios Performing Better than New

Thursday, Jun. 11, 2009, 12:00 AM
Nick Zulovich
FORT WORTH — Highlights of the annual Non-Prime Automotive Financing Survey were touched upon at last week's related conference held by the National Auto Finance Association. One the primary insights offered was that overall, used-vehicle portfolios performed better than new-vehicle portfolios, ... [Read More]

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