The Auto Intel Council — a private, membership-based organization owned and managed by Cherokee Media Group — produces  quarterly Auto Intel Briefings that feature data reports, whitepapers, research and more, contributed by AIC members. These Auto Intel Briefings provide the industry and its stakeholders unique insights and perspectives on various topics driving the automotive business.

The latest quarterly Auto Intel Briefing includes insights from Auto Intel Council members MK&A and Equifax, who delve into increasing accuracy of used-vehicle values and making smarter lending decisions, respectively. 

Below are links to and summaries of their thought leadership pieces. 

Emerging tools make used-vehicle values more accurate
In this white paper, MK&A explains that emerging digital tools are making used-vehicle values more accurate.

Summary:

• Today’s modern vehicles contain increasingly complex options and gadgets that are difficult to identify when selling the vehicles in used-vehicle markets.
   
• Emerging tools that use artificial intelligence and large data sets assist in the identification and labeling of these features.
   
• Widespread adoption of these tools benefits multiple parties in the used-vehicle markets.

Trended Data: Insights that drive smarter auto lending decisions
In this white paper, Equifax explains how auto lenders can use trended data, in conjunction with traditional “snapshot” credit data, to drive smarter auto lending decisions to improve everyday decision-making, increase profitability by maximizing opportunity in the auto lending market, make better risk assessments, and improve decisioning and lending.

More details on Auto Intel Council

The Auto Intel Council includes the leading intelligence companies in the automotive space, along with their respective economists, analysts, researchers, data scientists, communications professionals and executives. 

Current members include DRN, Equfax, IBM, KAR Auction Services, MBSi Corp., MK&A and Wells Fargo Preferred Capital.

Fore information about the AIC, contact Auto Intel Council directors Joe Overby (joverby@cherokeemediagroup.com) and Nick Zulovich (nzulovich@cherokeemediagroup.com).

To receive the Auto Intel Briefing each quarter, subscribe here.