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This Month's Focus

Artificial Intelligence
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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
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
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

ACIG Selects Peak5 to Service Auto Loan Portfolio

Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
DENVER, Colo. — Access Capital Investment Group recently acquired a $34 million auto loan portfolio and has chosen Peak5 to service and collect on the new loans. "We chose Peak5 to service this portfolio because they provide superior back end collection ... [Read More]

Floor Planner DSC Moves Headquarters, Adds Offices in New Markets

Thursday, Aug. 7, 2008, 12:00 AM
Nick Zulovich
CARMEL, Ind. — Dealer Services Corp., an inventory floor planning company based in Indiana, announced it is moving its corporate headquarters to a larger facility in the state. Thanks to of steady growth, both in the number of employees and overall ... [Read More]

HSBC Auto Finance Freezes Indirect Auto Lending

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
PROSPECT HEIGHTS, Ill. — During a Monday conference call to discuss half-year results, HSBC announced it has decided to exit the indirect auto finance business. "We're going to discontinue new auto loan originations via our indirect origination channel (or through dealers)," ... [Read More]

Chrysler Revamps Incentives to Make Purchasing More Attractive; Financial Arm Completes Funding Facility

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
AUBURN HILLS, Mich. — As Chrysler shifts its focus from leasing to retail purchasing, the automaker announced that it is repackaging its incentives to make purchasing a vehicle more affordable. The new strategy includes 72-month finance deals on an expanded range ... [Read More]

ABI Expects Bankruptcies to Surge Past 1 Million by Year-End

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 48 percent nationwide in July from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The overall July consumer ... [Read More]

Up2Drive.com Now a Financing Offering on Edmunds.com

Tuesday, Aug. 5, 2008, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Group Financial Services of North America recently announced that up2drive.com has been selected as a finance offering on Edmunds.com. An auto financing Web site that features convenient loan services, up2drive.com is designed to empower consumers through ... [Read More]

Hearing Held on Dispute between DealerTrack, RouteOne and Finance Express

Thursday, Jul. 31, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS,  N.Y. — The legal battle between DealerTrack, RouteOne and Finance Express is slowly, but surely, coming to a head. In an important hearing held early last week, each company claims a judge found in its favor on certain aspects ... [Read More]

GMAC to Trim Down U.S. Leases after $716 Mil Pre-Tax Impairment on Off-Leases

Thursday, Jul. 31, 2008, 12:00 AM
Nick Zulovich
NEW YORK — GMAC Financial Services reported a 2008 second quarter net loss of $2.5 billion, compared with net income of $293 million last year. This downswing was largely due to industry-wide declining residual values on its off-lease portfolios in North America. ... [Read More]

NABD Launches Jobs Board

Thursday, Jul. 31, 2008, 12:00 AM
Nick Zulovich
HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers recently announced the launch of a new BHPH employment bulletin board on its Web site. Prospective employees can post their resumes for free, officials pointed out. Applicants can also request that ... [Read More]

Special Finance Convention Details

Thursday, Jul. 31, 2008, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — During the reception on Monday evening of the 2008 Special Finance Convention, which will be held in Dallas Aug. 17 to 19, an awards ceremony for the inaugural group of inductees into the Special Finance Hall of Fame ... [Read More]

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