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This Month's Focus

Artificial Intelligence
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COMMENTARY: Inventory acquisition in the AI age
Friday, May. 29, 2026, 01:00 PM
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like ... Read More
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
Friday, May. 29, 2026, 11:54 AM
When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and ... Read More
Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data ... Read More
Forming the Transport Queens with Amber Gosney of SYCN Auto Logistics
Tuesday, Jun. 2, 2026, 01:30 PM
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PODCAST: Autonomous vehicles & the used-car market with Peter Janczewski of Draiver
Tuesday, Jun. 2, 2026, 01:23 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology ... Listen Here
SPONSORED EPISODE: The new definition of value in used-car retailing and the role of compliance
Tuesday, Jun. 2, 2026, 12:47 PM
For this special sponsored episode of the Auto Remarketing Podcast, GWC Warranty senior vice president and managing director James Virgoe shared some of his personal experiences of buying a vehicle earlier this year to illustrate how the definition of “value” ... Listen Here

What’s the Sahm Rule? Are we already in a recession? 3 economists respond

Tuesday, Aug. 6, 2024, 10:57 AM
Nick Zulovich, Senior Editor
Last week, ADP Research Institute chief economist Nela Richardson said, “If inflation goes back up, it won’t be because of labor.” But the ongoing labor situation might be giving a clear indication the economy already is in a recession, potentially ... [Read More]

LegalShield’s Consumer Stress Legal Index dips in June

Monday, Aug. 5, 2024, 11:47 AM
SubPrime Auto Finance News Staff
While also extrapolating its data to make a presidential election prediction, LegalShield offered an update on its Consumer Stress Legal Index (CSLI), which dipped a bit in June. Based solely on consumer inquiries seeking legal assistance in June, LegalShield reported ... [Read More]

CarShield settles FTC charges for $10M, to halt celebrity endorsements

Friday, Aug. 2, 2024, 10:47 AM
SubPrime Auto Finance News Staff
A vehicle service contract provider struck out with the Federal Trade Commission this week. According to a news release, NRRM, which does business as CarShield, along with American Auto Shield (AAS), will pay $10 million to the FTC to settle ... [Read More]

Fed continues with ‘risky strategy’ in keeping interest rates unchanged

Thursday, Aug. 1, 2024, 10:37 AM
Nick Zulovich, Senior Editor
The Federal Reserve kept interest rates unchanged on Wednesday, which economic experts projected since policymakers haven’t made an adjustment following eight consecutive opportunities. But experts are also emphasizing that new data is prompting the Fed to lower the rate from ... [Read More]

Chapman Auto Group partners with DriveItAway to put ‘turn-downs’ in vehicles

Wednesday, Jul. 31, 2024, 01:00 PM
SubPrime Auto Finance News Staff
The newest relationship forged by DriveItAway Holdings definitely has the feel of the city famous for cheesesteaks and the Liberty Bell. To close July, the company that offers “micro-lease to purchase” technology announced it is partnering with the Chapman Auto ... [Read More]

EFG: Dealers need to focus on controllable parts of their businesses

Wednesday, Jul. 31, 2024, 11:47 AM
SubPrime Auto Finance News Staff
EFG Companies sees some market strength and positive economic and consumer trends. But the provider of protection products acknowledged there are ongoing vehicle price concerns and lingering inflation coupled with the heightened political climate. EFG said those are ingredients that ... [Read More]

Weltman celebrates opening of new offices near Clevelend

Wednesday, Jul. 31, 2024, 11:44 AM
SubPrime Auto Finance News Staff
Weltman, Weinberg & Reis Co. hosted a ribbon-cutting ceremony last week to celebrate the opening of its new offices near Cleveland. Gregory Kurtz, the mayor of Independence, Ohio, along with members of the city council, joined the festivities that also ... [Read More]

How industry is seeing down payments, potential for refinancing

Kinetic Advantage finalizes first securitization
Tuesday, Jul. 30, 2024, 11:59 AM
Nick Zulovich, Senior Editor
Jody Lambert acknowledged that it often is surprising when a sizeable down payment or trade-in value arrives as part of an application for auto financing. Lambert is vice president of dealer risk management for Anderson Brothers Bank, which is based ... [Read More]

SCM hires Van Scoyoc after 9 years with MBSi

Tuesday, Jul. 30, 2024, 11:37 AM
SubPrime Auto Finance News Staff
Secure Collateral Management (SCM) hired a new vice president of business development this week, welcoming a veteran executive who served in a similar capacity within the skip-tracing and repossession management solutions industry. Joining SCM’s executive team is Sam Van Scoyoc, ... [Read More]

NY Fed spots spike in auto finance rejections

Monday, Jul. 29, 2024, 11:40 AM
Nick Zulovich, Senior Editor
It’s the heat of summer nationwide, but perhaps you could make the argument that things are frozen when considering auto financing and interest rates. Evidence of how frosty things might be within auto financing surfaced from the most recent findings ... [Read More]

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