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.

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.