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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

Chase, Capital One and Wells Fargo Discuss Auto Finance Results, More

Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
NEW YORK — Chase, Capital One and Wells Fargo recently released data showing how each company faired during the full-year and fourth-quarter. In each company's respective report, executives took time to discuss the performance of their auto finance segments. As results ... [Read More]

Automotive Credit Corp. Celebrates 15 Years of Serving Dealers, Subprime Customers

Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Established 15 years ago in Michigan, Automotive Credit Corp. began by providing indirect lending services to a select group of dealers in the state. Today, the regional lender works with both franchised and independent dealers and has slowly ... [Read More]

AppOne Offers Overview of 2006 Growth

Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne recently reported on its growth that occurred during 2006, saying it focused on increasing participation in its dealer and lender networks and continued the national rollout of its products and services. An overview of the company's ... [Read More]

PassTime USA Launches Elite

Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
LITTLETON, Colo. — PassTime USA announced it has launched an Elite product with the help of its partner, Wavecom. The updated program uses a global system for mobile communications technology to offer wireless and GPS-based functions for its dealer and lender ... [Read More]

ABA: Direct, Indirect Auto Loan Delinquencies Up Slightly

Thursday, Mar. 15, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Late payments for most consumer loans rose in the third quarter of 2006, according to the American Bankers Association's Consumer Credit Delinquency Bulletin. In the auto industry, direct auto loan delinquencies increased to 1.87 from 1.72 percent and ... [Read More]

Flex Fund Launches Flexible Trade-Ins, More

Thursday, Mar. 15, 2007, 12:00 AM
Nick Zulovich
YORBA LINDA, Calif. — Flex Fund Financial Services LLC recently introduced Flexible Trade-Ins to finance dealers' trade-in vehicle transactions that involve outstanding loan balances, according to officials.  Dealers have the opportunity to use the new program to immediately pay-off loan balances ... [Read More]

MAFS Introduces New Marketing Initiative

Thursday, Mar. 15, 2007, 12:00 AM
Nick Zulovich
ATLANTA — Taking advantage of the recent President's Day, Manheim Automotive Financial Services rolled out a new marketing initiative throughout the company's auctions that features larger-than-life replicas of past presidents. MAFS officials said this is the first national advertising campaign the ... [Read More]

Finance Express Responds to DealerTrack Lawsuits

Thursday, Mar. 15, 2007, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express reported that it responded to DealerTrack's lawsuits by filing counterclaims, which are pending in the court system.   The legal battle concerns the property rights over computer-implemented credit application routing systems and methods of ... [Read More]

Regional Lenders Can Be Just as Important as National

Thursday, Mar. 8, 2007, 12:00 AM
Nick Zulovich
MATTHEWS, N.C. — While many dealers may be more familiar with the national companies that support the subprime industry, the smaller, regional companies can be just as fruitful when it comes to getting that credit-challenged customer behind the wheel. Here's an ... [Read More]

Westlake Financial Names Newmark President

Thursday, Mar. 8, 2007, 12:00 AM
Nick Zulovich
LOS ANGELES, Calif. — Westlake Financial Services recently named Bruce Newmark as president. He succeeds James Vagim, who has served as Westlake's president since 1998. Prior to this new role, Newmark served as the company's chief operating officer, overseeing all aspects ... [Read More]

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