With AI solutions, lenders achieve automation at scale efficiently, while reducing costs. The solutions also reduce manual processes, support compliance and quality, mitigate risk and deliver significant cost savings.
Speakers at NADA’s Auto Forum tackle high inventories, low gross profit concerns.
By leveraging smart contracts and digitized technology, stakeholders can automate the creation, execution and enforcement of contracts. This not only reduces the time required for deal execution but also minimizes the potential for errors and...
CheckMyDriver Accelerates Accurate, Confidential Insurance Verification
U.K. battery health specialist says low-income families are being prevented from transitioning to BEVs over costs and lack of confidence in used vehicles.
Wholesale price stability remains, though used-car retail prices are down.
Overly cautious financial institutions can hurt auto sales, according to an Open Lending report.
In the constantly changing landscape of vehicle technology, offering the right F&I products is not merely a choice but a responsibility for dealers.
Vehicle insurers explore the power of artificial intelligence in how it will affect the industry.
"Borrowers with good credit scores are taking out loans with shorter terms and higher monthly payments," Experian's Melinda Zabritski says.