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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

Open Lending adds 77 lenders to platform in 2019

online auto financing
Wednesday, Feb. 19, 2020, 04:35 PM
SubPrime Auto Finance News Staff
Open Lending recently shared how successful 2019 was for the firm that strives to help finance companies take prudent risk in the subprime space. The provider of a unique auto lending enablement platform with default insurance signed 77 new finance ... [Read More]

Auto defaults start 2020 below 1%

Defaults image
Tuesday, Feb. 18, 2020, 04:03 PM
SubPrime Auto Finance News Staff
While the composite reading might be in the midst of rising for three consecutive months, the auto portion of the S&P/Experian Consumer Credit Default Indices posted a decrease to begin 2020. On Tuesday, S&P Dow Jones Indices and Experian released ... [Read More]

Awards submissions for NARS 2020 now open

trophies
Tuesday, Feb. 11, 2020, 06:52 PM
SubPrime Auto Finance News Staff
Organizers of the North American Repossessors Summit (NARS) have announced the opening of nominations for their second annual Industry Awards. Designed to honor exemplary repossession professionals, this year’s award categories include Recovery Agent of the Year, Service Representative of the ... [Read More]

TransUnion examines depth Gen Z is using auto financing

gen z image for web
Tuesday, Feb. 11, 2020, 03:45 PM
Nick Zulovich, Senior Editor
Your portfolio might be filling with contract holders from Generation Z — consumers born in or after 1995. Recent research from TransUnion showed that this generation isn’t necessarily just staring at smartphone constantly. These individuals also are getting behind the ... [Read More]

Dealertrack going to AFSA & NADA armed with 6 new enhancements & partnerships

partnership gears
Monday, Feb. 10, 2020, 04:29 PM
SubPrime Auto Finance News Staff
Dealertrack is heading to Las Vegas for annual events hosted this week by the American Financial Services Association (AFSA) and the National Automobile Dealers Association (NADA) armed with a half dozen new-product enhancements and enriched partnerships to highlight. These latest ... [Read More]

DOJ indicts 4 members of Chinese military over Equifax data breach

latest news
Monday, Feb. 10, 2020, 04:27 PM
SubPrime Auto Finance News Staff
The U.S. Justice Department on Monday morning made a major announcement in connection with the Equifax data breach, calling it “a day of reckoning.” With Equifax leadership “grateful to the Justice Department and the FBI for their tireless efforts,” officials ... [Read More]

5 components of Resolvion’s new specialty repossession services

news pic
Friday, Feb. 7, 2020, 04:44 PM
SubPrime Auto Finance News Staff
This week, Resolvion, released a new specialty suite of services.  The skip-tracing and repossession management firm explained these specialty services were designed to address many of the challenges that finance companies encounter in their repossession activities.  Resolvion’s specialty services include ... [Read More]

Trust Science names new chief data and analytics officer

new hire
Friday, Feb. 7, 2020, 04:42 PM
SubPrime Auto Finance News Staff
The migration of experienced executives moving from one of the three traditional credit bureaus to Trust Science continued this week. The provider of artificial intelligence-powered credit scoring announced that Jeremy Mitchell has joined Trust Science as chief data and analytics ... [Read More]

ANALYSIS: Negative auto equity has doubled in 10 years

bar-chart
Thursday, Feb. 6, 2020, 04:13 PM
David Paris, J.D. Power
A new vehicle is one of the worst investments you can make. We’ve all heard it before: “Half the value is lost as soon as you drive it off the lot.” The fact is, however, that vehicles today are hanging ... [Read More]

RISC unveils recovery training specific to Massachusetts

training
Wednesday, Feb. 5, 2020, 05:10 PM
SubPrime Auto Finance News Staff
Recovery professionals that conduct activities in Massachusetts now have another training opportunity to maintain their compliance knowledge. RISC recently launched the Massachusetts-specific collateral recovery training course as part of its CARS National Certification Program. The compliance services company emphasized that ... [Read More]

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