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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

An In-Depth Look into Final Red Flag Regulations

Thursday, Nov. 8, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — As many in the industry are aware, the final red flag rules go into effect on Nov. 1 of next year. Are dealers and financial institutions prepared? SubPrime Auto Finance News interviewed several experts this week to get an ... [Read More]

Experian Provides Used Market Overview by Risk Scores

Tuesday, Nov. 6, 2007, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — According to the latest data from Experian Automotive, the top 10 lenders represented 30.31 percent of all financed used vehicles in July. Melinda Zabritski, director of Automotive Credit for Experian Automotive, explained that while the top lenders ... [Read More]

Credit Acceptance Sees Decrease in Net Income Due to Change in Business

Tuesday, Nov. 6, 2007, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Reporting its third-quarter results, Credit Acceptance indicated that its loan portfolio grew; however, increases in operating expenses and finance charges that expanded slower than loan receivables led the company to report lower income than the prior year. ... [Read More]

Westlake Financial Reaches Milestone

Tuesday, Nov. 6, 2007, 12:00 AM
Nick Zulovich
LOS ANGELES — Continuing its path to growth, Westlake Financial Services recently announced it has hit a new milestone this month by hiring its 100th dealer account manager. "Reaching this milestone is a great success. We are working toward our ... [Read More]

Wells Fargo Auto Finance Names Stagecoach Winners

Tuesday, Nov. 6, 2007, 12:00 AM
Nick Zulovich
CHESTER, Pa. — Wells Fargo Auto Finance recently named the recipients of its third-quarter Stagecoach Award. The Stagecoach Award is a quarterly honor that recognizes the achievements of Wells Fargo Auto Finance's best dealers, officials indicated. Winners were selected from ... [Read More]

New Lender Joins RouteOne

Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced this week that it has added a new lender to its platform. California-based finance source Gateway One Lending & Finance has joined its Web-based credit application management system. GOLF provides indirect auto lending for a ... [Read More]

Aimbridge Makes First Move for Web-Based Lending Process

Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
ENGLEWOOD, Colo. — Lending Solutions recently launched Loan Generation Services, which is a process to capture members' loan pre-approvals via branch, phone or Web to make them accessible to members and auto dealers via the Internet. According to officials, this solution is ... [Read More]

GMAC: Used Originations Up, But Real Estate Unit Hurt Business

Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
NEW YORK — While GMAC reported strong results in its auto finance and insurance businesses, the company took a hit in its mortgage and credit market on its real estate side, which led the company to report a loss for the ... [Read More]

Wells Fargo, Chase and Capital One Discuss 3Q Auto Finance Results

Thursday, Nov. 1, 2007, 12:00 AM
Nick Zulovich
SAN FRANCISCO, NEW YORK and McLEAN, Va. — Wells Fargo Financial, Chase Auto Finance and Capital One Auto Finance each recently released their third-quarter results, indicating how each company did for the period. Starting with Wells Fargo Financial, which covers real-estate ... [Read More]

White River Liquidating Union Acceptance

Tuesday, Oct. 30, 2007, 12:00 AM
Nick Zulovich
INDIANAPOLIS — White River Capital, which includes subsidiaries Coastal Credit and Union Acceptance Co., recently reported that its net income for the third-quarter was down significantly compared to the same period in the previous year. One of the main reasons for ... [Read More]

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