Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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This Month's Focus
Artificial Intelligence
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COMMENTARY: Inventory acquisition in the AI age
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like ... Read More
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and ... Read More
Marketing for car dealerships in the age of AI
There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data ... Read More
How rising ownership costs are reshaping used-car trust
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. As vehicle ownership costs now exceed $12,000 per year ... Listen Here
Battery coverage for used EVs with Scott Lear of Dealer Benefit
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Scott Lear, who is president of Dealer Benefit, took ... Listen Here
Cost considerations of fleet management with David Prusinski of VMS
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. David Prusinski, who is CEO of Vehicle Management Systems ... Listen Here
Retail
PODCAST: How rising ownership costs are reshaping used-car trust
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. As vehicle ownership costs now exceed $12,000 per year ... [Read More]
Top NY Honda dealerships partner with Curbee to launch mobile service operation
One of the world’s top Honda operations is going mobile — for service customers. Paragon Honda, Paragon Acura and White Plains Honda, all led by Brian Benstock, have partnered with mobile service platform Curbee to deliver select dealership-certified mobile vehicle ... [Read More]
Wholesale
Auction roundup: Updates to NAAA Arbitration Guidelines; Central Arkansas celebrates anniversary
The National Auto Auction Association introduced “targeted updates” to its NAAA Arbitration Guidelines on Monday, the trade group said in a memo to members. The updates are meant to clarify existing policy language and “formally reflect established auction practices,” while ... [Read More]
PODCAST: Cost considerations of fleet management with David Prusinski of VMS
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. David Prusinski, who is CEO of Vehicle Management Systems ... [Read More]
Technology
Cox Automotive closes Fullpath acquisition
About six weeks after announcing the acquisition, Cox Automotive said Monday it has completed its purchase of customer data platform and marketing automation company Fullpath. It’s a move that allows Cox to help dealers drive more efficiency, deals and profitability, ... [Read More]
AI at car dealerships: a ‘crawl, walk, run’ evolution with data at foundation
When it comes to practical applications of artificial intelligence for car dealers, it’s a marathon, not a sprint. Or a “crawl, walk, run” approach, says QuoreAI founder and CEO Todd Smith. “There’s no (case where you) plug in AI and ... [Read More]
Analysis
Catalyst IQ & JD Power explain underlying reasons why retail prices for used cars keep rising
Catalyst IQ and JD Power each offered some clarity for why used-car retail prices are climbing even faster than ones for new models, which are just $30 below the record level seen in July 2023. And perhaps more importantly for ... [Read More]
COMMENTARY: Inventory acquisition in the AI age
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete. For decades, dealers relied on a familiar formula: when a vehicle sold, replace it with another one just like ... [Read More]
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