Looser loan structures — rather than lower interest rates or improved credit quality — raised Dealertrack’s Credit Availability Index in August. +
Cox’s latest survey finds concerns over affordability, inflation, interest rates and economic and political uncertainty are weighing on dealers’ minds. +
AutoPayPlus’s Robert Steenbergh says pay cycle alignment has entered the mainstream as extended loan terms raise costs and lower retention rates. +
A new integration was designed to allow Income Navigator to use bank, payroll and document data to verify income and clear stips. +
The newly launched vAuto Test Drive is a digital platform designed to give dealers an opportunity to preview, test and contribute to the development of new and largely AI-powered inventory management tools. +
A new, autonomous, CRM-embedded Virtual Contact Assistant is the first in a “landmark” series of new and upcoming features from VinSolutions. +
Cox Automotive’s Tessa Nadik offers a multipoint strategy dealers can use to catch up to and keep pace with AI-equipped car shoppers, including adjustments to inventory data, dealership information and website content. +
Organizers say the technicians who competed in this year’s Top Tech Finals demonstrated skill, professionalism and a commitment to excellence. +
Kelley Blue Book’s latest report finds seasonal trends and underwhelming incentives pushed July’s average new vehicle transaction price to $49,855. +
Cox Automotive’s new AI in Auto Retail Tracker finds a rapidly growing gap between AI-equipped consumers and the dealers vying for their business. +
