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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

DealerTrack Hits New Record

Thursday, Oct. 4, 2007, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced this week that the number of active financing sources connected to its platform has hit 425, an increase of 39 percent since the end of 2006. "We are excited to reach this milestone," said Mark ... [Read More]

NowAuto Explains Fiscal 2007 Loss

Thursday, Oct. 4, 2007, 12:00 AM
Nick Zulovich
TEMPE, Ariz. — NowAuto Group reported lower revenue for the year; however officials attributed the downturn to stricter underwriting criteria that were implemented to strengthen business in the long run. Revenue for the company's fiscal 2007 came in at $6,944,021, compared with ... [Read More]

Carbiz Expands Footprint by Acquiring More than Two Dozen Stores

Thursday, Oct. 4, 2007, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — CarBiz recently announced that it purchased Calcars, the fourth largest chain of buy-here, pay-here dealerships in the country. This transaction entails the company acquiring 26 stores. Calcars' consolidated revenues for 2006 were more than $36 million, which would ... [Read More]

Hudson Cook Adds Former FTC Counsel to Team

Tuesday, Oct. 2, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Hudson Cook LLP, a leading provider of legal compliance services for the financial services industry, recently said it has added a new attorney to its team. Jean Noonan, managing partner of the Washington, D.C. office, announced that attorney ... [Read More]

MaximTrak Partners with Universal Warranty

Tuesday, Oct. 2, 2007, 12:00 AM
Nick Zulovich
WAYNE, Pa. — MaximTrak, an F&I menu system provider, recently announced that it has launched a real-time integration partnership with the Universal Warranty Corp., which is a subsidiary of Motors Insurance Corp. The integration partnership is designed to allow dealers to ... [Read More]

World of Special Finance Purchased

Tuesday, Oct. 2, 2007, 12:00 AM
Nick Zulovich
TORRANCE, Calif. — The magazine, World of Special Finance, and its related conference and other assets have been acquired by Bobit Business Media, it was announced recently. World of Special Finance LLC, a Michigan-based entity owned by Rick and Cindy ... [Read More]

BMW Financial Launches Non-Captive Lending Direct-to-Consumer

Tuesday, Oct. 2, 2007, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — To mark the company's entry into the direct-to-consumer lending business, BMW Group Financial Services announced today the launch of www.up2drive.com, an auto financing site that features loan services designed to empower the consumer in the car buying and ... [Read More]

France Joins Triad Financial

Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
HUNTINGTON BEACH , Calif. — Triad Financial Corp. recently announced that Scott France, a former AmeriCredit executive, has been named senior vice president of portfolio management. In this position, officials said France will head up Triad's efforts to optimize portfolio performance ... [Read More]

Delinquency Bulletin: Subprime Mortgage Downfall Appears Contained

Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin found that late payments for indirect auto loans were up slightly for the second quarter. These delinquencies increased to 2.77 percent from 2.73 percent. Meanwhile, direct auto loan delinquencies ... [Read More]

Part 2: What BHPH Operators Should Learn from Subprime Mortgage Crisis

Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
HOUSTON — About 30 days ago, I wrote an article about some of the lessons buy-here, pay-here operators should learn from the recent subprime mortgage meltdown. I received numerous comments relating to this article, and several respondents offered additional insights, which ... [Read More]

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