As delinquencies rise and margins tighten, leading auto lenders use AI agents to cut collections and servicing costs without compromising...
Read More
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here
Experian on how much auto refinancing is gaining traction
Melinda Zabritski, Experian’s head of automotive financial insights, said consumers are looking for ways to secure more favorable vehicle financing terms, especially with interest rates leveling out and perhaps a cut coming next week from the Federal Reserve. The base ... Listen Here
Follow the Money: State of Auto Finance in Canada
In this panel discussion from Canada’s Used Car Week in June, Cherokee Media Group president Bill Zadeits talks with leaders from auto finance institutions about the most important metrics, trends and macroeconomic factors in the Canadian used-car landscape. They discuss ... Listen Here
Retail
Integrations to drive DriveCentric’s vision to turn CRM into ‘end-to-end’ platform
Matt Leone has a vision for what DriveCentric will be — and it’s not just a CRM. The company’s new CEO announced a shift in its direction during a briefing with industry analysts, from a standalone CRM system to a ... [Read More]
UVeye integrates inspection tech with Dealer Tire in latest partnership
UVeye is making friends all over the auto industry. The company’s latest new pal is Dealer Tire, a tire distributor and service provider for franchise dealerships, which has joined in a partnership to integrate UVeye’s artificial intelligence-powered tire inspection technology ... [Read More]
Wholesale
AuctionNet, RunBuggy, Pinnacle on board as new Auction Academy sponsors
Auction Academy’s support from the auto remarketing industry continues to grow. TPC Management Company’s executive development program announced three sponsors to its network of 22 industry patrons: AuctionNet, a provider of wholesale used vehicle remarketing data backed by the National ... [Read More]
Lane watch: Slight slowdown seen after Labor Day
Perhaps you, too, had a little trouble getting back in the swing of things after Labor Day weekend. Black Book spotted a similar scenario unfolding at the auction since wholesale values dipped by 0.21% and last week’s auction conversion rate ... [Read More]
Technology
Impel and RockED roll out AI certification program to accelerate automotive workforce transformation
Impel and RockED worked together to offer special training focused on artificial intelligence. On Thursday, Impel launched the Automotive AI Certification Program, which the solutions provider said is a first of its kind initiative aimed at equipping automotive retailing professionals ... [Read More]
STAR unveils French and Spanish translations of 2025 Dealer Infrastructure Guidelines
Oui. Sí. Yes, those affirmative answers now can be said by the Standards for Technology in Automotive Retail (STAR), which announced that it has released French and Spanish language translations for the multiple updates launched earlier this year to its ... [Read More]
Analysis
COMMENTARY: Why 1-year-old certified pre-owned vehicles are trending
In the post-pandemic reshuffling of the auto industry, a surprising trend has emerged: certified pre-owned vehicles that are barely a year old are taking over dealer lots. What began as a premium-brand tactic has now found its way into the ... [Read More]
Cox report shows dealers feeling pressure to drop prices as used sales hold steady
Used-car sales are steady and inventory is still above last year’s level. Even so, Cox Automotive’s latest data shows dealers are feeling the heat when it comes to prices. The Cox Automotive Dealer Sentiment Index for the third quarter found ... [Read More]
