ACV’s John Coles told VADA dealers that margin compression is here to stay, affordability is reshaping demand and AI should support — not replace — people.
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Dealer tech company CEO: ‘Own your data, or someone else will’
Diana Lee of Constellation says the future of automotive marketing belongs to dealers who own their data, embrace AI and make pricing easy to find.
FTC fires warning shot throughout retail automotive industry
FTC regulators are making clear that vehicle advertisements must show the true offering price — including all mandatory dealer fees — and dealers should move quickly to review their advertising and sales practices to avoid costly violations.
Barrie: Cybersecurity and AI: How it Relates to Dealerships
As vehicles’ advanced technology introduces new cybersecurity risks, dealerships face direct liability. Major brands have faced vulnerabilities allowing remote vehicle control and data theft. Failing to address these discoverable risks can lead to lawsuits. Learn the critical steps to protect your dealership from these growing threats.
What was once fun and games is bottom-line gains: The growing role of AI in dealerships
Initially a curiosity, AI’s impact on automotive retail is now undeniable. From AI-powered customer chatbots providing 24/7 service to DealCheck AI automating compliance, this technology is boosting efficiency and empowering dealership teams.
Greenfield outlines future of automotive retail
In his third straight appearance at a VADA Annual Convention, industry watcher and investor Steve Greenfield laid out his vision – backed up by facts – on the future of the industry.
Don’t Fear the Future of AI in Automotive
Article from VADA Partner ACV Auctions October 17, 2023 From our cars to our houses, technology continues to advance the way we live our lives in a major way. Some