TruDecision’s Parry defends current status of subprime auto finance

Monday, May. 11, 2026, 11:52 AM

Car-buying intention remains positive even as consumers face more headwinds

Thursday, May. 7, 2026, 11:12 AM

NAF Association reveals next recipients of Jack Tracey Pinnacle Award & Summit Leadership Award

Friday, May. 8, 2026, 10:56 AM

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This Month's Focus

Artificial Intelligence

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

Inside the ‘architectural mismatch’ between AI capabilities & dealer needs

Monday, May. 11, 2026, 09:42 AM

A new survey report from Lotlinx asserts that in its current form, “AI is broken for dealers.” The company contends the era of “one-size-fits-all artificial intelligence” is over for auto dealers. The recent survey of 215 executives from both franchised ... 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

GMAC Expands Credit Spectrum of Auto Financing

Tuesday, Jan. 6, 2009, 12:00 AM

Nick Zulovich

DETROIT — GMAC Financial Services announced it has resumed auto financing for a broader spectrum of U.S. customers as a result of expanded access to funding as a bank holding company. The company said it has modified its credit criteria to ... [Read More]

TransUnion.com: Annual 60-Plus Day Auto Delinquency Climb to Continue

Tuesday, Dec. 16, 2008, 12:00 AM

Nick Zulovich

CHICAGO — On Monday, TransUnion.com released its third-quarter analysis of auto lending trends. TransUnion.com found that the national 60-day auto delinquency rate (the ratio of auto loan borrowers 60 or more days past due) increased between the second and third quarter ... [Read More]

Manchester Inc. Emerges from Chapter 11 as Navigator Holdings

Tuesday, Dec. 16, 2008, 12:00 AM

Nick Zulovich

ATLANTA — Apparently, as of June, Manchester Inc. is now known as Navigator Holdings, according to a statement that came out Monday. The company and its subsidiaries emerged from Chapter 11 bankruptcy protection June 23, 2008. "Pursuant to the terms of ... [Read More]

ABI: Tenn. Showed Highest Annual Per Capita Bankruptcy Filing Rate

Tuesday, Dec. 16, 2008, 12:00 AM

Nick Zulovich

ALEXANDRIA, Va. — Looking at third-quarter and nine-month bankruptcy statistics, the American Bankruptcy Institute reported that the 292,291 total of U.S. bankruptcies filed during the third quarter represent a 34-percent increase over the 218,909 cases filed over the same period in ... [Read More]

AmeriCredit Names New Board Director

Tuesday, Dec. 16, 2008, 12:00 AM

Nick Zulovich

FORT WORTH — AmeriCredit recently announced a new member to its board of directors, in addition to retiring $108 million of senior notes due 2015. Becoming a board director is Bruce Berkowitz, meaning AmeriCredit now has 10 board directors. Offering a ... [Read More]

SubPrimeNews.com Continues Double-Digit Growth, Names Top 15 2008 Articles

Tuesday, Dec. 16, 2008, 12:00 AM

Nick Zulovich

CARY, N.C. — Along with sharing the top 15 most-read online stories of 2008 and site growth statistics, the SubPrime Auto Finance News staff wishes all its readers a wonderful holiday season. After today, SubPrime Update is going on hiatus until ... [Read More]

Fitch Predicts Bleak Outlook for U.S. Auto Companies

Thursday, Dec. 11, 2008, 12:00 AM

Nick Zulovich

CHICAGO — Offering its take on what the auto industry can expect in 2009, Fitch Ratings reported this week that sales are expected to decline by about 10.7 percent from 2008. Playing a part in this decline is the "rationing of ... [Read More]

CitiFinancial Auto Announces Some Operational Shifts

Thursday, Dec. 11, 2008, 12:00 AM

Nick Zulovich

IRVING, Texas — CitiFinancial Auto has undergone some restructuring of late in response to the ongoing difficult sales environment. Kim Pulliam, senior vice president at CitiFinancial Auto, told SubPrime Auto Finance News this morning that the company notified dealers of the ... [Read More]

Kbb.com Now Offers Credit Reports for Consumers

Thursday, Dec. 11, 2008, 12:00 AM

Nick Zulovich

IRVINE, Calif. — Kelley Blue Book announced today that site visitors can now access their personal credit reports on kbb.com via an agreement with FreeCreditReport.com. FreeCreditReport.com, a Web site owned by ConsumerInfo.com Inc., which is an Experian company, provides consumers with ... [Read More]

GMAC May Withdraw Bank Application; Credit Unions Partner to Help GM Move Vehicles

Thursday, Dec. 11, 2008, 12:00 AM

Nick Zulovich

NEW YORK — GMAC Financial Services' management team announced that it may withdraw its application to become a bank holding company due to an inability to raise enough capital. GMAC indicated that it has extended the early delivery time with respect to ... [Read More]

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