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This Month's Focus

Artificial Intelligence
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Urban Science survey: Dealers confident in sales process, wary of AI for lead follow-ups
Friday, May. 15, 2026, 11:48 AM
The sixth annual automotive research study by Urban Science in collaboration with The Harris Poll highlighted that nine in 10 U.S. car buyers said a traditional dealership is their top choice for purchasing a vehicle. Now let’s delve deeper into ... Read More
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
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

Prestige Financial Offers Dealers Help to Overcome Market Troubles

Tuesday, Feb. 24, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — In the face of current market challenges, Prestige Financial said it has taken several bold steps to help its partner dealerships increase sales and profitability in the growing niche of pre-discharge bankruptcy financing. According to officials, a ... [Read More]

Announcing the Inaugural SubPrime 60

Thursday, Feb. 19, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News is proud to introduce a special March/April edition called "The SubPrime 60: The most influential businesses in the SubPrime Auto Finance Industry." While the feature is designed to cover the entire spectrum of companies ... [Read More]

CNW: Banks are Opening Lending to Consumers with TARP Funds

Thursday, Feb. 19, 2009, 12:00 AM
Nick Zulovich
BANDON, Ore. — Financial Institutions apparently are responding to public and congressional pressure to improve loan approvals, including auto loans, according to the latest analysis from CNW Research. While Congress did not offer much oversight when releasing TARP funds, the group ... [Read More]

Fiserv Expands Indirect Loan Capabilities

Thursday, Feb. 19, 2009, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv announced this week that its loan servicing platform can now manage indirect and other third-party loans. This expansion is designed to broaden the full-spectrum of loans to be processed and can provide online, real-time back-office transactions for ... [Read More]

Navy Federal Credit Union Commits Billions to Used, New Car Loans

Thursday, Feb. 19, 2009, 12:00 AM
Nick Zulovich
VIENNA, Va. — This week Navy Federal Credit Union announced it has committed significant financial support to get consumers into new or used vehicles. More specifically, the financial institution has set aside $3.5 billion for these loans, which can be used to finance ... [Read More]

BMW Introduces Special Finance Payment Program

Tuesday, Feb. 17, 2009, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — In an effort to drive consumer demand, BMW has launched a special finance payment program on select models in its lineup. Basically, BMW will take care of the first two payments (up to $750 per month/$1,500 maximum) on ... [Read More]

GDN Extends Loan Transaction Services to New Market

Tuesday, Feb. 17, 2009, 12:00 AM
Nick Zulovich
ALAMO, Calif. — Global Debt Network has expanded its auto loan transaction solution to include services for financial institutions and dealerships that originate recreational vehicle loans. The company is currently accepting motor home and towable recreational vehicles to be placed for sale and ... [Read More]

GuidePoint Systems, Automotive Credit Corp. to Launch Collection Solution

Tuesday, Feb. 17, 2009, 12:00 AM
Nick Zulovich
PONTIAC, Mich. — GuidePoint Systems, a telematics supplier, announced recently that it has been chosen by Automotive Credit Corp. to provide a customized collection solution for the company. GuidePoint plans to work with ACC to develop an enhanced collection strategy program ... [Read More]

Credit Acceptance Corp. Examines 4Q Progress, Challenges

Tuesday, Feb. 17, 2009, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Despite the negative impact from a reduction in forecasted collection rates, Credit Acceptance Corp. posted improvements in both fourth-quarter and annual income. More specifically, consolidated net income for the fourth quarter was $18.6 million, compared with $12.5 million in ... [Read More]

Top Auto Finance Execs to be Panelists for AFSA Webinar

Thursday, Feb. 12, 2009, 12:00 AM
Nick Zulovich
CENTENNIAL, Colo. — Top executives from Peak5, AmeriCredit, FirstCity and ConnectionInsights will be featured in an upcoming Webinar hosted by the American Financial Services Association called "Is Now the Time to Consider Outsourcing?" AFSA shared a bit of history about the ... [Read More]

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