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3 dealer groups & luxury store partner with Point Predictive
Monday, Feb. 5, 2024, 12:40 PM
Auto Fin Journal Staff
Point Predictive is building a robust dealership client portfolio, too. The fraud prevention operation that leverages artificial intelligence for its solutions has many clients throughout financial services and now has partnerships with several dealership groups, including Napleton Automotive Group, Carriage Auto Group, Cavender Auto Family and Butler Lexus of South Atlanta. At the forefront of […] [Read More]
Cox Automotive enhances Dealertrack Synthetic ID fraud alert with Equifax technology
Monday, Feb. 5, 2024, 12:39 PM
Auto Fin Journal Staff
Two of the larger industry service providers — Cox Automotive and Equifax — now are working together to tackle what might be the most difficult challenge — eradicating fraud. News about an enhancement of the Dealertrack compliance solution through the addition of a new synthetic ID fraud indicator already is being welcomed by dealerships. David […] [Read More]
ACS’ newest monthly payment calculation tool already gaining dealer appeal
Monday, Feb. 5, 2024, 12:37 PM
Auto Fin Journal Staff
Automobile Consumer Services’ Tarry Shebesta coined the concept of “credit first versus credit last” years ago. It was meant to illustrate how building marketing and shopping tools using credit early in the process can ensure more accurate monthly payments and realistic vehicle purchase and financing expectations when consumers want to shop based upon a certain […] [Read More]
CARFAX launches new-car listings
Monday, Feb. 5, 2024, 11:52 AM
Auto Remarketing Staff
CARFAX has long been involved in the used-car business with its vehicle history reports and used-vehicle listings. Now it’s expanding into new cars. The company said it is now listing new cars to make its platform a “one-stop shop” for consumers looking for a vehicle. According to Cox Automotive’s recently released 2023 Car Buyer Journey […] [Read More]
Lithia & Driveway completes deal to expand its UK operations
Monday, Feb. 5, 2024, 10:49 AM
Auto Remarketing Staff
ActivEngage introduces call management service with call-to-text transition
Monday, Feb. 5, 2024, 10:48 AM
Auto Remarketing Staff
Automotive messaging and consumer engagement leader ActivEngage has introduced Flip2txt, a call management service with a call-to-text transition feature designed to allow dealerships to provide “uninterrupted, people-powered inbound call support” and engagement for callers around the clock. “Flip2txt represents a significant step forward in the call management technology available for car dealerships today,” ActivEngage CEO […] [Read More]
Predian launches LLM system for inventory management reports
Monday, Feb. 5, 2024, 10:48 AM
Auto Remarketing Staff
Less than a month after going out on its own, Predian is introducing a new product. The provider of artificial intelligence and machine learning inventory management systems announced the launch of Talk to My Inventory, a large language model designed for improved inventory management reports. The company said the new model “revolutionizes how auto dealers […] [Read More]
From the editor: A ‘well, duh’ moment in Las Vegas
Monday, Feb. 5, 2024, 10:31 AM
Nick Zulovich, Senior Editor
Cherokee Media Group joined much of the automotive industry in Las Vegas last week for the conferences hosted by the American Financial Services Association, the National Auto Auction Association and the National Automobile Dealers Association. One of the primary tasks assigned to me and my esteemed colleague, Joe Overby, was to record episodes of the […] [Read More]
NADA welcomes House proposal to nullify FTC CARS Rule
Monday, Feb. 5, 2024, 10:29 AM
SubPrime Auto Finance News Staff
As the National Automobile Dealers Association prepared to open NADA Show 2024 in Las Vegas, a development surfaced back in Washington, D.C., that the organization cheered, too. Rep. Kelly Armstrong, a North Dakota Republican in the U.S. House of Representatives, introduced H.R. 7101, the FTC Redo Act, in response to the Federal Trade Commission’s recently […] [Read More]
vAuto launches AI-powered ‘easy button’ for vehicle merchandising
Friday, Feb. 2, 2024, 03:49 PM
Auto Remarketing Staff
vAuto has introduced Vehicle Intelligence 360, a new artificial intelligence-powered merchandising tool designed to automatically create interactive VDPs that enable shoppers to discover the unique value of each used vehicle with no effort required from the dealer. “Vehicle Intelligence 360 is a great example of how vAuto is yet again using technology to do the […] [Read More]
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