All 12 governors of the Federal Reserve’s Open Market Committee voted to raise their target lending rate by one-quarter of a point to temper inflation. +
The Federal Trade Commission has published new price advertising guidance for auto dealers amid a barrage of warning letters and enforcement actions. +
Pulse is a new addition to Volie’s AI suite that was designed to give dealers enhanced visibility into customer conversations and flag problem calls. +
Lumi was designed to bring the conversations car shoppers are currently having with ChatGPT, Claude and Gemini onto dealership websites. +
Hrizn executives say they have closed the “last mile” of the company’s AI-native content OS with a new tool for sales, service and BDC professionals. +
President Trump remains opposed to any limits on AI development as a plea for regulation from Anthropic’s Dario Amodei sets off a firestorm. +
A new partnership adds TruVideo’s video capture, noise cancellation and automated transcription to Keyloop’s cloud-native aftersales platform. +
Volkswagen and Volvo top Pied Piper’s latest rankings in a report that warns missed AI-to-human transfer attempts are driving dealership customers away. +
JD Power analysts say the multimedia category is hurting overall vehicle quality scores and now accounts for the five most frequently reported issues. +
Cox’s latest survey finds concerns over affordability, inflation, interest rates and economic and political uncertainty are weighing on dealers’ minds. +
