Discounts may be needed to move the metal, reports Cox Automotive.

The industry is looking to leverage the power of artificial intelligence to help address the need for accelerated, automated vehicle loan operations without sacrificing compliance.

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

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.