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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

Fitch, KBRA, S&P project short-term auto ABS & US economic performance

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Tuesday, Sep. 27, 2022, 03:04 PM
Nick Zulovich, Senior Editor
Fitch Ratings, Kroll Bond Rating Agency (KBRA) and S&P Global Ratings each shared their data and projections about auto delinquencies, the securitization market and the general U.S. economy through separate reports and news releases distributed in recent days. Before getting ... [Read More]

Massachusetts AG suing franchised store over discriminatory F&I practices

legal analysis
Monday, Sep. 26, 2022, 02:23 PM
SubPrime Auto Finance News Staff
Massachusetts attorney general Maura Healey made another move involving the automotive space last week, alleging more misdeeds involving how vehicles are financed. Healey’s office is suing a Haverhill, Mass., franchised dealership for engaging in what the AG called unfair, deceptive, ... [Read More]

DDI Technology expands corporate office to handle more electronic title work

news pic
Friday, Sep. 23, 2022, 01:22 PM
SubPrime Auto Finance News Staff
DDI Technology literally now has more room to maneuver. This week, the electronic lien and title technology firm and a subsidiary of IAA announced the grand opening of its newly expanded corporate offices in Irmo, S.C. Now with 35% more ... [Read More]

Auto finance ramifications of Fed pushing interest rates another 75 basis points higher

interest rates_9
Thursday, Sep. 22, 2022, 02:09 PM
Nick Zulovich, Senior Editor
Cox Automotive chief economist Jonathan Smoke made a pair of noteworthy observations following members of the Federal Open Market Committee (FOMC) deciding unanimously to raise the target range for the federal funds rate by another 75 basis points. “Combined with ... [Read More]

13 executives among first group of Women in Collections and Recoveries honorees

women in collections and recoveries Screenshot for web
Wednesday, Sep. 21, 2022, 03:13 PM
SubPrime Auto Finance News Staff
These women flourish in what might be the most challenging segment of auto finance. The inaugural class of Women in Collections and Recoveries honorees is presented by American Recovery Service (ARS). The 13 honorees come from both large, nationwide companies ... [Read More]

EFG Companies brings on chief information officer

EFG CIO for web
Wednesday, Sep. 21, 2022, 03:07 PM
SubPrime Auto Finance News Staff
EFG Companies announced the expansion its C-suite leadership on Tuesday. Coming aboard as chief information officer to reinforce company’s commitment and support of the rapidly evolving consumer protection product industry is Joe Vide. According to a news release, Vide will ... [Read More]

Younger Americans more positive about their financial future

survey
Tuesday, Sep. 20, 2022, 02:13 PM
SubPrime Auto Finance News Staff
While Cox Automotive mentioned that overall consumer sentiment has been steadily improving, TransUnion discovered the youngest generations continue to be more optimistic about their financial future in the next 12 months than their older counterparts. The latest TransUnion Consumer Pulse ... [Read More]

FTC distributing payments to consumers impacted by shutdown dealers in Ariz. & NM

3 commissioners gain confirmation at FTC
Monday, Sep. 19, 2022, 03:50 PM
SubPrime Auto Finance News Staff
The Federal Trade Commission announced last week that it began sending payments to consumers impacted by dealerships operating in Arizona and New Mexico that the regulator shut down two years ago. The FTC said it is sending payments totaling more ... [Read More]

Open Lending stretches terms to 84 months

OpenLending image for web
Monday, Sep. 19, 2022, 03:47 PM
SubPrime Auto Finance News Staff
Open Lending is stretching terms to help credit unions book more paper, especially with potential customers who land in the near or non-prime credit tiers. Last week, the lending enablement and risk analytics solutions provider announced it will offer its ... [Read More]

TurboPass adds 2 new board members

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Friday, Sep. 16, 2022, 02:43 PM
SubPrime Auto Finance News Staff
TurboPass announced the appointment of two new members to its board of directors this week. Now part of the leadership structure for the fintech firm that helps dealerships and finance companies during the underwriting process are Mark Vazquez, who is ... [Read More]

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