This Month's Focus

Turbocharged Finance

Presented by
Fueled by more than $100M in strategic financing, MCO names new president MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
CarLocal.io enhances automotive AI answer engine Your family group chat might now be filled with images created with artificial-intelligence tools that highlight what your aunt would look like with a different hairstyle or your uncle’s appearance if he dropped 50 pounds. Car shoppers are also using ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here

Retail

COMMENTARY: The rideshare recall problem & why some dealers are fleet-minded and others aren’t

The recent Carfax investigation highlights a problem the automotive industry has struggled with for decades. It’s time to make it easier to identify dealers that are truly “fleet-minded.” Back in the mid 1990s, I helped create the original dealer-focused commercial ... [Read More]
DriveItAway secures $2M credit line

Alaska independent dealer agrees to $500K settlement over doc fees going back to 2018

Discrepancies over document fees have landed an Alaska independent dealer into a $500,000 settlement with the state’s attorney general. Acting Alaska attorney general Cori Mills announced a settlement last week with Payless Used Car Sales over document fees that the ... [Read More]

Wholesale

4 NAAA Chapter presidents & NIADA CEO honored as Warren Young Fellows

Amidst the activities during this week’s NAAA World Remarketing Convention in Seattle, the National Auto Auction Association honored Kerri Rotunda, Greg Price, Tyler Payton, and Martin Sandoval as Warren Young Fellows for their many contributions and distinguished service to the ... [Read More]

Lane watch: Rising fuel costs leaving mark on values, volume & conversion rate

The ongoing high costs for gasoline and diesel fuel influenced buying and selling happening in the wholesale market with September winding down. That’s the gist of the newest Market Insights from Black Book, which watched overall wholesale values drop by ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
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Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Technology

Top executive changes continue at Cars.com with new incoming CFO

Cars.com installed a new chief executive officer in January and a new chief marketing officer in June. On Nov. 6, the company will also have a new chief financial officer. Late Wednesday, Cars.com announced that Trent Ziegler has been appointed ... [Read More]

Pilot program integrates myKaarma with Universal Technical Institute in Atlanta

To fill the training pipeline of highly trained automotive technicians, myKaarma on Tuesday announced a pilot with Universal Technical Institute. The relationship will integrate myKaarma’s digital multi-point inspection technology into the automotive technician training program at Universal Technical Institute’s new ... [Read More]

Analysis

COMMENTARY: Dealers don’t have an inventory problem; they have a decision problem

The past several years reshaped the economics of automotive retail, creating operating conditions that were never likely to last. Dealers who thrived on thin supply and outsized margins are now addressing a harder operating environment: rising floorplan costs, more price-sensitive ... [Read More]
cars in showroom

Carfax shares supply & demand context around month’s used-car price moves, particularly EVs

Used-vehicle prices are up just 0.2% this month, a $40 increase, according to Carfax. On the surface, that may seem steady. However, there are some basic economic drivers at play that are balancing out the market, Carfax says in analysis ... [Read More]

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