Conversational artificial intelligence (AI) provider Conversica has introduced a solution for automotive dealerships. The company’s new AI agents — powered by the AnswersIQ for Auto solution — offers dealers real-time data covering more than 84,000 dealerships and OEM microsites, and nearly 220 million unique auto...
Artificial intelligence (AI) lending marketplace Upstart has introduced enhancements to its auto retail platform. The updates, announced Wednesday (Jan. 15), help car dealers streamline financing and close sales more quickly. “With consumer confidence and vehicle sales on the rise, and the majority of car buyers...
Payments platform Airwallex is joining forces with British online vehicle marketplace Carwow. The collaboration, announced Thursday (Jan. 9), allows Carwow to use Airwallex’s services to process payments for dealerships who purchase cars from thousands of private sellers through the company’s online auctions each week. “We...
The age of COVID-initiated supply shortages at car dealers is over. And that’s placed pressure on carmakers and dealers to price their unsold wares more aggressively, The Wall Street Journal (WSJ) reported Sunday (Dec. 29). During this month’s hectic shopping season, car buyers got —...
March 11, 2025
American car buyers are reportedly speeding up their shopping due to tariff worries. As Reuters reported Tuesday (March 11), car dealers have an average three-month supply of vehicles, and car companies have so far gotten two reprieves on tariffs since President Donald Trump said they would go into effect. Still, the report added, uncertainly has consumers scrambling. […]
January 21, 2025
Conversational artificial intelligence (AI) provider Conversica has introduced a solution for automotive dealerships. The company’s new AI agents — powered by the AnswersIQ for Auto solution — offers dealers real-time...
January 15, 2025
Artificial intelligence (AI) lending marketplace Upstart has introduced enhancements to its auto retail platform. The updates, announced Wednesday (Jan. 15), help car dealers streamline financing and close sales more quickly....
January 09, 2025
Payments platform Airwallex is joining forces with British online vehicle marketplace Carwow. The collaboration, announced Thursday (Jan. 9), allows Carwow to use Airwallex’s services to process payments for dealerships who...
