AI in Auto Retail
More dealers are embracing artificial intelligence in daily operations and reaping its benefits in sales, service and F&I.
More dealers are embracing artificial intelligence in daily operations and reaping its benefits in sales, service and F&I.
U.S. franchised auto dealers paid over $66 billion to more than 1 million workers in 2018, a 1.9% year-over-year increase that pushed the average employee’s pay to $1,134 per week.
JEFFERSON COUNTY, Texas — Sonic Automotive and Philpott Motors, which the dealer group owns, filed a lawsuit on Sept. 16 against multiple dealerships and a former employee for luring away employees. Kevin McCabe, who attended Sonic’s Leadership Academy Program in 2011 while working for Philpott Motors, left the dealership shortly thereafter and hired at least ... Read More »
McLEAN, Va. – Low financing rates for auto loans, rising home values and an improving employment outlook are key factors contributing to a resurgence in new-car and light-truck sales through the first seven months of the year, says Steven Szakaly, chief economist for the National Automobile Dealers Association, reported The NADA. “Looking ahead, there is ... Read More »
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