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This Month's Focus

Artificial Intelligence
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Bain Survey: Few Companies Ready for Sustainability Rules (24%) Building on three-year partnership, Bain invests in OpenAI Deployment Company
Wednesday, May. 13, 2026, 12:13 PM
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... Read More
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
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

NIADA Launches New Series to Help Dealers Close Subprime Sales

Wednesday, Oct. 1, 2008, 12:00 AM
Nick Zulovich
ARLINGTON, Texas — The National Independent Automobile Dealers Association has introduced a new series through its NIADA.TV portal that can show dealers the best practices for closing sales with subprime customers. The "How to Sell to the Unbankable Customer" series, led ... [Read More]

PIN: Average Down Payment Jumps Along with Age of Trade-Ins

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Power Information Network recently reported that credit tightening is occurring throughout the auto industry, with down payments on new vehicles growing as a result. More specifically, the company indicated that down payments as a percentage of the ... [Read More]

Chase Auto Finance to Serve as Mazda Captive

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — Starting tomorrow, Chase Auto Finance will begin offering subvented loans and leases for Mazda's North American operations, a spokeswomen for the lender told SubPrime Auto Finance News this week. By Jan. 1, 2009, Mazda will use Chase exclusively for ... [Read More]

First Advantage CREDCO Expands Reynolds Partnership, Increases Red Flag Rule Assistance

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — First Advantage CREDCO reported that its CreditMaster solutions is now integrated with Reynolds and Reynolds' dealer management system POWER, in addition to recently announcing it is hosting a Webinar on the Red Flag Rule, as well as launching ... [Read More]

Asbury Seals the Deal on New Senior Debt Facilities

Tuesday, Sep. 30, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Asbury Automotive Group announced Monday that it has closed on a number of new senior debt facilities, providing approximately $800 million of replacement financing. These agreements replace an existing $550 million syndicated facility that included a $75 million ... [Read More]

Auto Loan Approval Ratings Sink for All Credit Categories

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
BANDON, Ore. — Even vehicle shoppers with prime credit ratings are having a tougher time getting their auto loans approved by lenders, CNW Research indicated this morning. This trouble has hit borrowers across the board for all credit categories. The percentage ... [Read More]

NADA Tackles Challenge of Auto Loan Approval Ratings

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — On Wednesday, the National Auto Dealers Association addressed the challenge dealers are facing in getting auto loan applications approved. The association indicated that industry experts agree that the economics of auto financing are sound and that vehicle financing ... [Read More]

CARS, PassTime USA Announce Partnership

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
RALEIGH, N.C. — In response to increased demand for services to support the repossession and remarketing of non-performing assets, Consolidated Asset Recovery Systems and PassTime USA announced they have formed a strategic partnership. This partnership will allow the companies to incorporate ... [Read More]

RouteOne Now Offers KBB Vehicle Values

Thursday, Sep. 25, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced Wednesday that Kelley Blue Book's vehicle values have been added into the RouteOne vehicle values tool. The addition of Kelley Blue Book values will allow dealers and finance sources to implement them on the RouteOne ... [Read More]

Hispanics Pay Higher Interest Rates on Used-Car Loans

Tuesday, Sep. 23, 2008, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The Consumer Federation of America analyzed the most recent Federal Reserve Board Survey of Consumer Finances and reported that Latinos pay much higher used-car loan rates than do other Americans. Basically, slightly more than half of all auto ... [Read More]

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