Cox Automotive reports the number of dealers offering a fully online transaction has doubled in the past two years, resulting in a more efficient process increasingly driven by AI-powered tools. +
Commercial vehicle buyers are becoming increasingly comfortable with the ChatGPT-style interfaces integrated into fleet management software, creating a new opportunity for forward-thinking dealers. +
“The Dealership AI Security Guidebook” offers dealers a 15-point checklist for reducing the risk of an AI-powered cyberattack or data breach, starting with vendor and service provider assessment. +
Auto finance AI solutions provider Informed.IQ has partnered with Suncoast Credit Union, providing a “low-lift” integration designed to accelerate funding and enhance dealer satisfaction. +
Kerri Wise has joined Lotlinx as chief marketing officer, bringing 25 years of industry experience to the inventory management solutions provider as it grows and leans into AI and machine learning technology. +
Lotlinx’s Lance Schafer attributes increased adoption of machine learning and predictive modeling to a growing desire for “better, faster business decisions” that affect inventory management and pricing. +
Interactive EQ’s new, AI-powered Auto IEQ talent assessment platform was designed to help recruiters, HR teams and hiring managers measure “soft skills” and evaluate personnel. +
Attorney Tom Oscherwitz says generative AI-powered “deepfakes” are giving criminals new ways to defraud dealers and finance sources and spurring the development of new detection tools.+
Lotlinx’s Len Short says artificial intelligence and machine learning have quickly become critical elements of a successful inventory management strategy, far outpacing human intuition. +
InformedIQ.com’s Jessica Gonzalez says a recent U.S. Treasury report proves artificial intelligence is changing the auto finance industry in several ways, enhancing efficiency as well as risk. +
