How Auto Lenders Can Have Success Digitizing Their Securitized Collateral Assets

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
Mar 12, 2024

4 Ways AI Can Be Leveraged in the Automotive Aftermarket and Heavy Duty Industry Today

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
Mar 11, 2024

It’s 2024, Let’s Toast to Mass Confusion! Auto Dealers Will Face More Challenges This Year When It Comes to EV Sales

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
Mar 6, 2024

Financial Management in Car Dealerships: Five Essential Tips

In the dynamic and competitive world of automotive dealerships, mastering the art of financial management is not just a necessity; it’s a critical factor for success and sustainability. The dealership landscape is marked by intricate financial
Feb 21, 2024

Goodyear, TDK Partnership Drives IoT Tire Intelligence

This story was first published by RFIDJournal.com. Global tire company Goodyear is partnering with electronics provider TDK Corporation to test connected tire sensors to make it safer for the driver. The sensors, using TDK’s Piezoelectric material
Feb 19, 2024

New NXP Radar Features Connect Software-Defined Vehicles

This story first appeared in RFIDJournal.com NXP has released a new version of its radar automotive products at the 2024 CES, aiming to enable a new generation of software-defined vehicles that can receive updated features as they come available as w
Jan 23, 2024

JD Power Report Finds Lower Profits for Dealers in December

Retail sales of new vehicles for December were expected to increase 13.1% from a year earlier to 1,169,000 units, according to a report from JD Power and Global Data last month. Comparing the same sales volume without adjusting for the number of sell
Jan 2, 2024

Tesla to Recall Nearly 2 Million Vehicles Due to Autopilot Issue

Tesla will recall nearly its entire fleet of cars on the road due to safety issues. The company announced the move on Dec. 13 affecting more than 2 million cars after an investigation by federal officials found the autopilot safety system was “not
Dec 13, 2023

Automotive Marketing’s 10 Commandments: Essential Daily Principles for Teams & Marketers

Insights from James Kurtenbach, Director of Marketing, Schomp Automotive In today’s dynamic automotive landscape, one tool can turbocharge your success: first-party data. Join James Kurtenbach, Director of Marketing at Schomp Automotive, as he
Oct 16, 2023