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This Month's Focus

Artificial Intelligence
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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

CNW Reveals the Largest Percentage of Used Shoppers Turn to Older Units

Tuesday, Nov. 27, 2007, 12:00 AM
Nick Zulovich
BANDON, Ore. — The latest data from CNW Research indicates that 67.6 percent of used shoppers are looking to purchase units five years old or older. Overall, the largest percentage of used shoppers is honing in on the eight- to 12-year-old category ... [Read More]

DealerTrack Hits 450 Finance Sources

Tuesday, Nov. 27, 2007, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced Monday that the number of active financing sources connected to its network has reached 450. In addition to the 450 financing sources on the DealerTrack network, the company indicated that about 90 percent of franchised ... [Read More]

CBA Schedules Auto Finance Conference

Tuesday, Nov. 27, 2007, 12:00 AM
Nick Zulovich
ARLINGTON, Va. — The Consumer Bankers Association will host its 2008 National Automobile Finance Conference & Tradeshow March 30 to April 1 at the Hilton San Francisco in California. "For over 20 years CBA's automobile finance conference and tradeshow has been ... [Read More]

CPS Renews Senior Credit Facility

Tuesday, Nov. 27, 2007, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Portfolio Services recently announced that it has renewed one of its $200 million senior revolving warehouse credit facilities for a year. The company said it has $400 million in total senior warehouse capacity. "We are pleased with the ... [Read More]

Consumers Can Now Complain Easier to Federal Reserve

Tuesday, Nov. 20, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — It just became easier for consumers to complain to the Federal Reserve about issues with banks and financial institutions. Earlier this week, the Fed introduced Federal Reserve Consumer Help, which is a new centralized resource that consolidates and ... [Read More]

Kia Motor Finance Opens New Southeast Center for Dealers

Tuesday, Nov. 20, 2007, 12:00 AM
Nick Zulovich
AUSTELL, Ga. — Kia Motor Finance Co. recently held grand opening ceremonies for its new Southeast Regional Service Center in Austell, Ga. The new center will provide full retail credit and funding services for Kia dealers in the Southern and Eastern ... [Read More]

Tom Hudson Offers Special Finance (Legal) Tips and Insights

Tuesday, Nov. 20, 2007, 12:00 AM
Nick Zulovich
HANOVER, Md. — This issue's theme is "Special Finance Tips and Insights." Since I do the legal stuff, you'll note the amended title to this article. Insights first: 1. From a legal standpoint, a dealer's contract and related documents (I'm ... [Read More]

MenuVantage Adds Service Payment Plan to Platform

Tuesday, Nov. 20, 2007, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — MenuVantage recently announced that Service Payment Plan has joined its nationwide network of active F&I providers. According to officials, SPP is a leader in administering interest-free payment plans for service contracts on new and used vehicles for both ... [Read More]

Compli Announces Partnerships to Help Protect Calif. Dealers from Liability

Thursday, Nov. 15, 2007, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — As part of Compli's effort to expand legal protections for dealerships nationwide, it recently announced it has teamed up with Venable to provide California stores with the latest regulatory, compliance-related training content available. Venable, which specializes in ... [Read More]

Non-Prime Lender Joins XpressCredit Platform

Thursday, Nov. 15, 2007, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit recently announced that non-prime lender Merrick Bank has joined its platform to help motorcycle dealers offer indirect loans to their customers.   Merrick Bank is a national non-prime leader in providing boat and RV loans, as well as ... [Read More]

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