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This Month's Focus

Artificial Intelligence
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Impel, Phyron launch AI systems to drive customer engagement through dealership video
Thursday, May. 21, 2026, 02:34 PM
When it comes to capturing customer engagement, video is king. But the busy world of a car dealership isn’t necessarily the best environment for consistently creating effective video content. “Video sells. We’ve known that for years,” said Paul Hepp, director ... Read More
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
Experian Automotive on using data the right way to protect used-car profits
Friday, May. 22, 2026, 10:50 AM
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. During a candid conversation with Cherokee Media Group’s Andrew ... Listen Here
Closing the appraisal divide with Brad Kokesh of TraXtion
Friday, May. 22, 2026, 10:38 AM
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
SPONSORED EPISODE: The Math on Fast-Turn & What the Top 10% of Independent Dealers Are Doing Differently
Thursday, May. 21, 2026, 03:44 PM
Most independent dealers are working harder than ever — and still watching inventory sit. The difference between the stores that are winning right now and the ones that are grinding isn’t budget, market size, or luck. It’s discipline. The top-performing ... Listen Here

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]

NCCI Now SAS 70 Compliant

Thursday, May. 28, 2009, 12:00 AM
Nick Zulovich
LAKE FOREST, Calif. — National Creditors Connection recently announced that it has successfully completed the SAS 70 compliance conducted by Bronsky & Co. CPA Firm. The SAS 70 process is designed to determine that the controls a company has in place ... [Read More]

90% of Chrysler Dealers Now with GMAC

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — Just after GMAC reported that it is receiving $7.5 billion from the U.S. Treasury, Chrysler's vice chairman and president announced that about 90 percent of the automaker's dealers are now activated to conduct retail business via GMAC. ... [Read More]

Manheim Calls Credit Markets Better, Not Normal

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
ATLANTA — Apparently, many consumers still feel they are unable to get loans, despite the fact that lending has picked up, according to latest analysis from Manheim Consulting. Late last week, the company shared its take on what is occurring in ... [Read More]

Prestige Financial Names COO

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced a chief operating officer late last week. Taking on the role is Bryant Henrie. As its most senior executive, Henrie will direct the auto finance company's efforts to capitalize on market opportunities and further ... [Read More]

OSC Integrates into Finance Express to Offer Buy-Back Program

Tuesday, May. 26, 2009, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced that Omega Service Corp. has integrated with its platform. OSC offers dealers a national buy-back product that allows customers to bring their vehicle back to the selling dealer after a waiting period. ... [Read More]

CPS: 1Q Dealer Contract Purchases Down Significantly

Thursday, May. 21, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — In announcing its first quarter results, Consumer Portfolio Services said that its annualized net charge-offs came in at 11.59 percent, compared with 6.66 percent in the first quarter of last year. Moreover, the company announced that delinquencies greater than ... [Read More]

AppOne Adds New Credit Union to Platform

Thursday, May. 21, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced that Louisiana-based Pelican State Credit Union has joined its platform. AppOne will help Pelican State Credit Union connect with auto, marine and RV dealerships in Louisiana to provide ... [Read More]

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