Join Kerri and Todd Smith, CEO of QoreAI, for a deep dive into the real-world impact of Artificial Intelligence on the automotive industry.
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Kerri Wise sits down with GM of Product and Technology Lance Schafer to discuss the rapidly evolving landscape of Artificial Intelligence, specifically for the automotive industry.
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Kerri Wise and Jen Suzuki dive into the biggest challenges and cutting-edge solutions for the modern automotive BDC and sales floor.
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Kerri Wise sits down with Car Dealership Guy for a candid conversation on his start in automotive, how CDG gained momentum, and the lessons he’s learned from interviewing top operators across the industry.
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FROM COX AUTOMOTIVE: November new-vehicle sales expected to jump 10.8% year over year, as inventory levels continue to improve New-vehicle sales forecasts are predicting significant spikes this month, specifically for compact SUVs, mid-size cars, and compact cars. Dealers started November with the highest inventory levels since May 2021, an average supply of 49 days. Read…
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FROM REUTERS: U.S. new vehicle sales to be flat in November amid high interest rate Monthly retail sales are expected to shift just -0.3% from November 2021. For the over 933,000 units sold this month, the average finance payment is up 7.2% year-over-year. Read More FROM WARDSAUTO: Skyrocketing auto sales coming back to earth How…
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FROM J.D. POWER: Lack of new-vehicle inventory has notable effect on sales satisfaction The shoppers have spoken: Consumer opinions on the new-vehicle buying process have worsened for the first time in 10 years. Opinions on price fairness and inventory availability have been trending downwards for some time. Read More FROM CONSUMER REPORTS: Who makes the…
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“I had a great year last month.” Is your store still operating in this headspace? Don’t get me wrong, October was one of the most lucrative sales months on record. Shoppers spent over $46 billion on new inventory alone. But, the automotive market is transitioning faster than I’ve seen throughout my 25+ years in the…
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FROM COX AUTOMOTIVE: Wholesale used-vehicle prices see smaller decline in October Wholesale used-vehicle prices saw another 2.2% dip last month, leaving prices 10.6% lower year-over-year. Luxury cars and SUV/CUVs saw the most significant price declines, 13.6% and 12.4% respectively. Read More FROM AUTOMOTIVE NEWS: EV registrations in U.S. rise 57% in September as Tesla rivals…
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FROM AUTOMOTIVE NEWS: Toyota rebounds again; Ford, Honda slide; Hyundai, Kia advance 3rd straight month Some October sales highlights: SAAR rose to 14.9 million units; Toyota ended the month with just a 20-day supply; EV sales rose 101% at Kia; 50% of Ford retail sales came from pre-orders; and Subaru saw its biggest sales gain…
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