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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
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
Assuring potential buyers about used EV battery health with David Giacobbe of Voltest
Wednesday, May. 20, 2026, 04:01 PM
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. One of the key questions buyers ask dealers about ... Listen Here
Why vehicle recalls are becoming more complex and frequent
Wednesday, May. 20, 2026, 03:52 PM
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

Subprime Pullback Means Big Business for BHPH Dealers

Thursday, Nov. 13, 2008, 12:00 AM
Nick Zulovich
HOUSTON — Many subprime lenders are tightening their business and trimming back on dealer relationships, which is a boon to buy-here, pay-here dealers as many customers who normally went the more traditional finance route are now being pushed into these stores. ... [Read More]

Fitch Reports Outlook for Auto Lease-Backed Securitizations

Tuesday, Nov. 11, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings recently completed a review of the rated portfolio for public and privately placed auto lease-backed securitizations, and while indicating that its outlook is negative due to the mounting losses on lease residuals, overall, it remains generally ... [Read More]

O’Neil: DealerTrack Continues to Face Serious Headwinds

Tuesday, Nov. 11, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Reporting its third-quarter results, DealerTrack recently indicated that the tightened credit market has taken a toll, with the number of lender-to-dealer relationships down, along with fewer transactions processed via the platform. More specifically, the company said the ... [Read More]

Ford Credit Posts Net Income of $98 Million

Tuesday, Nov. 11, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit's chief executive officer said he expects the market to remain "extraordinarily challenging." For the third quarter, the company reported net income of $95 million, down $239 million from earnings of $334 million a year earlier. ... [Read More]

UPDATED: Nissan Acceptance CEO Tapped as AFSA Chairman

Tuesday, Nov. 11, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Steven Lambert, president and chief executive officer of Nissan Motor Acceptance Corp., will lead the American Financial Services Association as the group's 2008-2009 chairman. He was installed during AFSA's recent 92nd Annual Meeting and Leadership Conference in Dallas. ... [Read More]

FTC’s Delay of Red Flag Enforcement Does Not Apply to Many Dealers

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Last month, the Federal Trade Commission announced a delay in its enforcement of the Red Flags Rules until May of next year. So, does this mean dealers have more time to prepare? In many cases, it does not. ... [Read More]

GMAC’s Auto Finance Unit Reports $294 Million 3Q Loss

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Reporting its preliminary third-quarter results, GMAC Financial Services indicated that its auto finance division experienced pressure from lower used-vehicle prices, in addition to weaker consumer and dealer credit performance, which contributed to a loss for the period. Overall, ... [Read More]

For First Time Since New Bankruptcy Law Monthly Filings Top 100,000

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Overall, U.S. consumer bankruptcy filings jumped 40 percent throughout the nation in October, compared to the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More ... [Read More]

Nicholas Financial Struggles Through These Difficult Times

Thursday, Nov. 6, 2008, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — Like many other portfolio purchasers and servicers during the current economic and credit environment, Nicholas Financial reported that it had a difficult second quarter, with its chief executive officer saying he doesn't expect to witness improvement soon. Overall, ... [Read More]

GDNAuto Expands Loan Portfolio Offers

Tuesday, Nov. 4, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES and ALAMO, Calif. — Global Debt Network Automotive told SubPrime Auto Finance News recently that it has added two new loan portfolios for purchase on GDNAuto.com. Among these are a $24 million from a finance company in Michigan and a $21,000 subprime ... [Read More]

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