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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

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]

DealerTrack Gains New Patent, Sues Other Lender Platforms

Thursday, Mar. 8, 2007, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Shortly after being awarded a U.S. patent related to its online credit application processing product, DealerTrack used the patent to file an additional patent infringement action against RouteOne and Finance Express in the U.S. District Court for ... [Read More]

Thanks for Your Support

Thursday, Mar. 1, 2007, 12:00 AM
Nick Zulovich
Dear Industry Friends: We hope you're enjoying SubPrime Auto Finance News and our weekly e-newsletter, SubPrime News Update, as much as we enjoy producing them. As we approach the half-year mark, we want to thank everyone in the industry for ... [Read More]

Industry Veterans Launch Indirect Nonprime Auto Lending Company

Thursday, Mar. 1, 2007, 12:00 AM
Nick Zulovich
DENVER, Colo. — When Centrix Financial was affected by regulatory actions against its primary clients, credit unions, several of the top executives behind the company decided to leverage their experience by branching out to establish a new indirect nonprime auto lending ... [Read More]

Lead Provider Launches Web-Based Auto Finance Center

Thursday, Mar. 1, 2007, 12:00 AM
Nick Zulovich
SAN RAMON, Calif. — BlueSky Marketing Group recently launched an online consumer auto finance center, "Powered By myAutoloan.com." The "Powered By" Web site, blueSkyautofinance.com, provides consumers online auto finance solutions and franchise auto dealers approved customers that are ready to buy. ... [Read More]

AutoUSA Enters into the Subprime Lead Business

Thursday, Mar. 1, 2007, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — Thanks to dealer demand, AutoUSA recently introduced a new program that provides special finance leads to its dealer partners that work in the subprime industry. "Providing special finance leads to dealers is a brand new service for ... [Read More]

AmeriCredit’s CEO Discusses Full Spectrum, 2Q Financials

Thursday, Feb. 22, 2007, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — According to AmeriCredit, the company is making progress with its integration of Bay View Acceptance Corp.  "We have combined the marketing of our core subprime credit products and specialty prime Bay View products in approximately half of ... [Read More]

Capital One Auto Finance to Get New Home, Sponsors Recovery Study

Thursday, Feb. 22, 2007, 12:00 AM
Nick Zulovich
PLANO, Texas, and NEW ORLEANS — Local officials and executives from Capital One Financial Corp. recently broke ground on the company's new corporate campus in Plano's Legacy business park. Capital One said the new campus will house its auto finance and ... [Read More]

Linnehan’s USA Computer Systems Names Sales Director

Thursday, Feb. 22, 2007, 12:00 AM
Nick Zulovich
TRENTON, Maine — Linnehan's USA Computer Systems announced it has named Jay Rose as the company's national sales director.  In this role, officials said Rose will be responsible for overseeing all aspects of the business related to the promotion and ... [Read More]

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