Tag: artificial intelligence
The disconnect between sales and finance
In my three recent articles, “From the Fax Machine, to the Future: Auto Finance Disruption Time is Here,” “Digital Finance: Consumer Expectations and Today’s...
Alleviating frustrations in F&I departments for enhanced customer satisfaction and profitability
Introduction
The Finance and Insurance (F&I) department, a critical component of any automotive dealership, plays a pivotal role in driving profitability. We all know the...
Consumers shift to used cars amid frustration with tech-heavy new models
Welcome back to the latest episode of the Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Legacy automakers struggle with EV transition, hybrids offer profitability amid uncertainty
Welcome back to the latest episode of the Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Are You Ready for AI to Drive Auto Lease & Finance?
Embrace the inevitable
Once a new technology rolls over you, if you're not part of the steamroller, you're part of the road. -- Stewart Brand,...
Using AI to drive more fixed ops revenue
The fixed ops department is the lifeblood of most dealerships. But this vital profit center continuously faces challenges from rising customer expectations, ever-changing vehicle...
Automotive weekly roundup: Nissan targets growth, online sales rise, Hyundai Invests...
Earlier this week: Nissan plans to boost sales by 1 million units and slash EV costs through its "Arc" strategy by 2027. CarGurus reports...
Maximizing performance with automotive AI
As the auto industry begins to stabilize, dealers and OEMs face a new set of challenges. Slowly rising inventory levels, declining margins, brittle supply...
AI company Axion Ray raises $17.5 million in Series A funding...
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Automotive weekly roundup: Ford pledges $2 million for technician scholarships, GM...
Earlier this week: Ford addressed the ongoing technician shortage by partnering with dealers to provide $2 million in scholarships through the Ford Auto Tech...