Artificial Intelligence Archives

Hyundai Capital and Other Lenders Embrace Automation in Credit Decisions

Hyundai Capital and Other Lenders Embrace Automation in Credit Decisions

Nashville, TN – At the Auto Finance Summit East, leaders from Hyundai Capital America and other auto lenders highlighted significant strides in automating credit decisions, resulting in quicker responses for dealerships and their customers. Marcelo Brutti, CEO of Hyundai Capital...

May 29, 2024

How our AI Technology Helps Canadian Auto Dealers Reduce Bias

Artificial Intelligence

How our AI Technology Helps Canadian Auto Dealers Reduce Bias

Bias in auto financing arises when sales managers, business managers and even lenders makes sales or loan decisions based on perceptions rather than facts. Such decisions might stem from unconscious prejudices, such as a customer’s perceived reliability or their postal...

October 8, 2023

Revolutionizing Dealerships: The Pervasive Impact of AI on Sales, Service, and F&I Operations

Artificial Intelligence

Revolutionizing Dealerships: The Pervasive Impact of AI on Sales, Service, and F&I Operations

The 2023 CDK Global survey (found here) delves into the innovative implementation and vast potential of Artificial Intelligence (AI) across automotive dealerships in North America. The study indicates that AI’s substantial impact on the industry is undeniable, with 76% of...

August 2, 2023