While they are still trying to understand all of its benefits, auto finance leaders are beginning to incorporate artificial intelligence (AI) into their daily workflow. Informed.IQ, a developer of AI-based software that verifies, streamlines and opti

This story was original published at RFIDJournal.com. Legislation in Europe is focusing on sustainability and tracking how products are made, used and recycled. One mammoth group paying close attention is the tire industry. With 1.2 billion tires in

The first three months of new car sales is shaping up to be a winner. Cox Automotive is forecasting U.S. new-vehicle sales for the first quarter of 2024 will increase 5.6% compared to last year, reaching 3.8 million units. The year-over-year increase

In October 2023, the Federal Trade Commission (FTC) implemented an amendment to the Safeguards Rule. This latest development adds a layer of responsibility for dealerships to safeguard sensitive customer information, particularly when it comes to doc

Dealers in the U.S. are entering the second quarter of 2024 with an inventory that has increased over 50 percent from last year. According to Cox Automotive, dealers nationwide opened in March with 2.74 million new vehicles on hand— 942,000 units,

According to a joint forecast from J.D. Power and GlobalData released March 21, total new-vehicle sales for March 2024 are projected to reach 1,525,700 units, a 12.1 percent increase from March 2023 The seasonally adjusted annualized rate (SAAR) for

In the ever-evolving landscape of financial markets, the auto securitization sector stands at the intersection of technological innovation and traditional finance. One of the pivotal advancements shaping this industry is the integration of digital co

We are witnessing a transformative era similar to what we felt when the internet emerged, and how we shop changed forever. Artificial Intelligence (AI) promises to unlock the true potential of the massive amounts of data that the automotive aftermark

For auto dealers with electric vehicles sitting on their lots—which is nearly everybody— 2024 will be another year of confusion. On average, auto dealers are sitting on nearly 120 days of electric vehicle (EV) inventory which is about double the