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This Month's Focus

Artificial Intelligence
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CARS Protection Plus taps Circuitry.ai Warranty Decision Intelligence to help adjusters resolve claims faster
Wednesday, May. 6, 2026, 10:38 AM
Here’s an example from the car-warranty industry where companies are leveraging artificial intelligence to help people, not replace them. On Tuesday, CARS Protection Plus, a provider of vehicle service contracts, announced it has gone live with Circuitry.ai’s Warranty Decision Intelligence ... Read More
DealerOn’s dual launch includes AI search visibility platform, ‘intelligent layer’ touching full dealership
Tuesday, May. 5, 2026, 03:28 PM
DealerOn has done NASA one better. While the space agency recently launched the first astronauts to visit the moon in more than 50 years, the provider of auto dealership websites and digital sales and marketing technology boasted two launches on ... Read More
Newest Experian tool designed to reduce risk within AI-driven commerce
Monday, May. 4, 2026, 11:19 AM
Experian found another way to connect people and technology. And the newest tool emphasizes the component of a transaction including a real person. Last week, the company launched Experian Agent Trust, a framework that designed to establish a secure, verifiable ... Read More
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
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Sunday, Apr. 19, 2026, 04:27 AM
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

Ford Cuts Almost $10 Billion in Debt; Rating Agencies Respond

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — On Monday, Ford announced that its debt restructuring initiatives will reduce its debt by about $9.9 billion from $25.8 billion. Moreover, the company said this will lower Ford's annual cash interest expense by more than $500 million, which ... [Read More]

Triad Financial Names Director of Portfolio Services

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has named a new executive to oversee the company's third-party servicing efforts. Taking on this position is Stephen Smith. In his role as director of portfolio servicing, he will manage ... [Read More]

New FICO Scores Could Predict 5-15% More Auto Loan Delinquencies

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — FICO recently announced the release of its newest scores, which are targeted specifically for the auto lending and bankcard industries. Credit reporting agency TransUnion is making the scores available to lenders and issuers under the names FICO Risk Score, Classic ... [Read More]

Consumer Bankruptcy Filings Continue to Build

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — March consumer bankruptcy filings came close to doubling those of the same time frame a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More specifically, U.S. consumer bankruptcy filings ... [Read More]

GMAC Widens Auto Credit Spectrum, Offers Inventory Help for Dealers

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC reached out a helping hand to dealers yesterday by announcing that the company is now offering approvals in the subprime tiers for qualified buyers, in addition to earmarking $5 billion for auto loans and temporarily easing wholesale finance ... [Read More]

ABA: As Job Losses Stack Up, Delinquencies Continue Climb

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Job losses continued to hurt consumer finances during the fourth quarter of 2008, which is reflected in the rising delinquencies in almost every loan category, including auto loans. In fact, indirect auto loan delinquencies climbed from 3.25 percent ... [Read More]

Kia Motors America Secures Financing

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Kia Motors America announced today that it has successfully closed a $305 million revolving credit line with a group of leading U.S.-based financial institutions. Of the funding group, Wells Fargo Foothill, a part of Wells Fargo & Co., ... [Read More]

NADA Urges Dealers to Ask Senators to Sign Shaheen Auto Credit Letter

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — While a lot of attention has been focused on the restructuring of domestic auto manufacturing, the National Automobile Dealers Association is urging the Obama administration to focus on the severe impact of the credit crisis on dealers and ... [Read More]

U.S Equity Advantage Upgrades Bi-Weekly Payment Feature for BHPH Dealers

Tuesday, Mar. 31, 2009, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — U.S. Equity Advantage, which offers automated bi-weekly processing of vehicle loans for buy-here, pay-here dealers, recently announced the release of a new, enhanced dealership Web site at www.866halfpay.com. According to officials, dealerships can now accurately calculate and offer ... [Read More]

Leedom Introduces Pre-Paid Bank Card for BHPH Customers

Tuesday, Mar. 31, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Today, Leedom Group announced the launch of a Convenient World Pre-Paid Visa Card that can allow buy-here, pay-here customers without bank accounts avoid the high costs of check-cashing and money orders. The fees associated with check cashing are ... [Read More]

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