QoreAI’s unified data infrastructure platform was purpose-built for automotive retail and features Lokam.ai as its first native agentic application partner. +
Kelley Blue Book reports an average transaction price of $49,220 in May, down 0.5% from April but up 1.2% year over year amid heavier incentive spending. +
KCCI reports one of the five Des Moines-area dealerships operated by Karl Auto Group was struck by a cyberattack that is being investigated by the FBI. +
Lokam.ai, a new, voice-first, AI-powered sales and service platform built for dealerships and backed by its first customer, World Auto Group, is now online. +
Sales of new Mazdas and Subarus improved by 35% and 10% year-over-year in May, leading all U.S.-facing factories as fleets helped offset flat retail sales. +
The owners of Stephen Cadillac GMC and Stephen Toyota must pay Toyota Motor Credit $5 million or face the seizure of their land and dealerships. +
President Donald Trump has signed an executive order establishing federal regulatory oversight of advanced AI, establishing a 30-day government review period for “frontier” models. +
Foureyes analysts say a 15.6-point gap separates America’s best and worst closers but stress that process matters more than location. +
Klarna’s Pay in Full, Pay in 4 and longer-term financing solutions are now available to dealers using Tekion’s AI-powered service scheduling platform. +
A new Protective Asset Protection survey finds car buyers are experiencing financial anxiety driven in part by fears over the high cost of unexpected repairs. +
