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This Month's Focus

Turbocharged Finance
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Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here

Westlake Financial Enters Three New States

Nick Zulovich
LOS ANGELES —Westlake Financial Services announced its expansion into three new states, including Maine, Connecticut and Alaska. The company began business in these states starting July 1. The company also names Kyle Dietrich the new assistant vice president of sales. ... [Read More]

Chrysler Financial Realigns Staffing to Meet Current Economic Climate

Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial recently announced it is restructuring its business operations to better align to the current market environment. This restructuring includes a reduction in the company's work force of about 9 percent. Officials attributed this need for ... [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...
Read More

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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GMAC Speaks Out After GM Gains Court Approval to Sell Assets

Nick Zulovich
DETROIT — On the heels of General Motors announcing it received bankruptcy court approval to sell its assets to a new company, GMAC Financial Services announced its reaction. The company indicated that it has been notified that the U.S. Bankruptcy Court ... [Read More]

Bankruptcies Continue to Climb Year-Over-Year

Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings came in at a level that was 36.5 percent higher for the first six months of this year, compared to last year, according to the American Bankruptcy Institute. Based on data from the National ... [Read More]

ABA: Direct Auto Loan Delinquencies Jump a Percentage Point

Nick Zulovich
WASHINGTON, D.C. — While indirect auto loan delinquencies showed some improvement in the first quarter, direct auto loan delinquencies were another story, according to the American Bankers Association. On the positive side, the ABA announced today that indirect delinquencies dropped slightly ... [Read More]

BHPH Dealers Discuss Best Practices, Alternatives to Repossession

Nick Zulovich
ORLANDO, Fla. —  As an eroding economy impacts businesses and car shoppers across the board, many buy-here, pay-here dealers are often faced with the challenge of customers not being able to make their payments. But many times, there are alternatives ... [Read More]

SBA Kicks Off Floor Plan Program for Dealers

Nick Zulovich
WASHINGTON, D.C. — Starting on Wednesday, auto, RV and other dealerships could start applying for Small Business Administration-guaranteed dealer floor plan financing, which can make it easier for these small businesses to borrow against their inventory and increase their cash flow. ... [Read More]

TransUnion Launches New Tools for Dealers, Lenders

Nick Zulovich
CHICAGO — In response to auto-loan delinquencies growing by more than 27 percent over the last year, TransUnion has launched new tools to help dealers and lenders better analyze consumers. To assist the industry in today's dynamic economic climate, TransUnion introduced the availability of ... [Read More]

NVCP Partners with Driveway Financial to Bring More Lenders to Dealers

Nick Zulovich
COLLEYVILLE, Texas — The National Vehicle Certification Program Group announced it has partnered with Driveway Financial Services to bring additional lenders to independent and franchised dealers currently certifying vehicles through its program. The NVCP certified pre-owned program includes a physical inspection, ... [Read More]

CAR Financial Names New Territory Manager

Nick Zulovich
ATLANTA — CAR Financial Services recently announced the addition of a new executive in the role of territory manager. Taking on this position is Ted Plummer, who rejoined the CAR Financial sales team on June 23. In the role of territory ... [Read More]

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