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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

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]

AiM to Partner with Ford Credit

Thursday, Jun. 11, 2009, 12:00 AM
Nick Zulovich
LONG BEACH, Calif. — Alliance Inspection Management announced on Wednesday that it will partner with Ford Motor Credit Co. and assume responsibility for floor-plan audits at dealerships and conduct lease-end inspections of vehicles financed through the captive. "We are very pleased ... [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]

ARI Adds New F&I Services by Acquiring Powersports Outsourcing Group

Thursday, Jun. 11, 2009, 12:00 AM
Nick Zulovich
MILWAUKEE, Wis. — ARI announced recently that it acquired the assets of Powersports Outsourcing Group to add F&I products and services for its customers. Powersports Outsourcing Group, which is located in Schenectady, N.Y., has been offering outsourced F&I products to powersports, marine and ... [Read More]

ABI Ranks States by Bankruptcies

Tuesday, Jun. 9, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The total number of U.S. bankruptcies continued on an upward track according to data shared by the American Bankruptcy Institute. During the first three months of this year, ABI reported a 34.5-percent jump in bankruptcies as compared to ... [Read More]

Experian: More Consumers Buying Used Vehicles as Lender Criteria Tightens

Tuesday, Jun. 9, 2009, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — In its latest quarterly analysis, Experian Automotive discovered that a down economy and stricter lending criteria have pushed more consumers toward used-vehicle loans. In fact, the company found that used-vehicle loans accounted for 68.13 percent of all auto ... [Read More]

Prestige Financial Doubles Credit Line

Tuesday, Jun. 9, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services recently announced that a transaction with a pair of financial institutions has more than doubled a line of credit funding capacity. First, Prestige revealed that Bank of America Business Capital has joined a line ... [Read More]

Fed: Average Auto Loan Interest Rate Creeps Higher

Tuesday, Jun. 9, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — After plummeting to a record low in March, interest rates on new-car loans at auto finance companies showed a slight uptick in April, coming in at 2.79 percent, compared with 2.74 percent in March. Meanwhile, the Federal Reserve also ... [Read More]

Auto Finance Presidents Talk about Surviving Tough Times

Friday, Jun. 5, 2009, 12:00 AM
Nick Zulovich
FORT WORTH — How are three auto finance companies handling the meltdown in the credit market and continuing to help get credit-challenged consumers behind the wheels of vehicles? Three presidents representing Westlake Financial Services, Regional Acceptance Corp. and First Investors Financial ... [Read More]

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