A chatbot duped into agreeing to sell a ’24 Chevy Tahoe for $1 is a cautionary tale for auto dealers. Yet many of them are interested in AI.

The Amazon-style transaction is “groundbreaking,” says e-commerce director.

Drop in lease returns will likely drive up price of late-model used vehicles, says NADA’s Patrick Manzi.

Increasing inventory levels, rising floor plan costs and margin compression are the latest twists in what continues to be a rapidly evolving automotive retail market.

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.