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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

XpressCredit Offers Dealers, Lenders Access to Vehicle History Reports

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced earlier this week that, thanks to its integration with Carfax, the company is providing its network of dealers and lenders access to Vehicle History Reports directly through the XpressCredit platform. "Recent studies prove that Carfax Vehicle ... [Read More]

VINtek Introduces Enhanced Collateral Management Platform

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
PHILADELPHIA — After receiving extensive feedback from its clients, VINtek has launched a revamped version of VINtekTIME, its online auto collateral management system for paperless and paper-based vehicle titles. The enhanced version of VINtekTIME features a workflow and task queuing system with timers, ... [Read More]

SubPrime Executive Recognition Deadline Approaches

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News will be honoring top subprime executives as part of a special feature in an upcoming edition, but to nominate an industry leader, you must act quickly. The deadline for nominations is Monday. The July/August ... [Read More]

RouteOne to Debut Electronic-Document Storage, Retention Solution

Thursday, Jun. 4, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne unveiled today a pilot version of an electronic-document storage and retention solution for dealers that is fully automated and integrated within RouteOne's credit-application management system, as well as the company's other compliance-support offerings, including credit bureaus, ... [Read More]

GMAC, GM Gain Court Approval to Continue Auto Loans, Incentives, More

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services reported that the U.S. Bankruptcy Court has approved a motion presented by General Motors, which allows GMAC to continue to conduct its direct operations with automaker in the "ordinary course" of business. This is just one ... [Read More]

May Bankruptcy Filings Maintain Double-Digit Year-Over-Year Climb

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings continue to climb by double digits year-over-year, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More specifically, May filings were up 37 percent from the same ... [Read More]

Fitch: 2007 Auto Loan ABS Losses Highest on Record

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
NEW YORK — In two recent reports, Fitch Ratings reviewed the auto asset-backed securities market and discovered that the 2007 securitization vintage has posted losses that are now considered the highest on record. "To date, CNLs on the 2007 prime auto ... [Read More]

United Capital Snaps Up Non-Performing Dealership Mortgage Note

Tuesday, Jun. 2, 2009, 12:00 AM
Nick Zulovich
GREAT NECK, N.Y. — Interestingly, United Capital Corp. announced it has purchased a $13.4 million mortgage note for a property that houses a Bentley Lamborghini Dealership of Long Island. It bought the note from Bank of America. Officials said the mortgage is ... [Read More]

U.S. Treasury Offers GM Bondholders Incentives to Support Bankruptcy Sale

Thursday, May. 28, 2009, 12:00 AM
Nick Zulovich
DETROIT — In a statement and SEC filing released today, General Motors announced that the U.S. Treasury has offered a proposal that provides incentives for the automaker's unsecured bondholders to support a 363 sale as part of a bankruptcy proceeding. And initial ... [Read More]

Two Lenders Choose to Join XpressCredit

Thursday, May. 28, 2009, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced that two lenders have selected its platform. These include American Finance, which will use the system to conduct its back office underwriting, and General Acceptance Corp., as a user of both its Credit Aggregation System and ... [Read More]

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