Nick Zulovich

1 week ago | autoremarketing.com | Nick Zulovich

Perhaps you could make an argument that the used-car market is almost as healthy as it can be for both auctions and dealerships based on two trends highlighted by Black Book in its latest installment of Market Insights. On the wholesale side, Black Book said last week’s auction conversion rate came in at 60%, which has been at that level or higher each week but one since the middle of February.

1 week ago | autoremarketing.com | Nick Zulovich

Artificial intelligence is almost as prevalent in automotive nowadays as car row in your community. But how are the smartest dealerships and service providers using AI? A trio of executives tackled that question and more during a panel discussion at this spring’s Auto Intel Summit that’s now available through this episode of the Auto Remarketing Podcast. The panel featured Rich Sands of STELLA Automotive AI, Mark Queen of SKAIVISION and Rene Cejas of RunBuggy.

1 week ago | autoremarketing.com | Nick Zulovich

Auto-finance data often highlights trends such as originations and delinquencies. But for the closing presentation of this spring’s Auto Intel Summit, TJ Cox of TransUnion and Jill Louden S&P Global Mobility took a different approach about what auto-finance data could show. Now available through this episode of the Auto Remarketing Podcast, hear some of the intriguing findings Cox and Louden discovered when connecting auto-finance data to brand loyalty.

1 week ago | autoremarketing.com | Nick Zulovich

Calling it a “simple idea,” Point Predictive saw strength in numbers as being crucial in curbing fraud and generating other potential benefits for the auto-finance industry. It’s why the solutions provider that leverages artificial intelligence and other technologies cheered so loudly recently about a significant milestone — its industry consortium surpassing more than 650 lenders, banks, fintechs, and dealer groups nationwide.

1 week ago | autoremarketing.com | Nick Zulovich

Cox Automotive reported unique credit applications per dealer using Dealertrack ticked up 2% year-over-year last week. So, does that mean consumers feel more comfortable pushing forward with a financing commitment and taking vehicle delivery? It depends on which reading of consumer confidence you examine. A new survey by digital personal finance company Achieve showed plenty of negative sentiments, but the Conference Board’s Consumer Confidence Index made a notable jump this month.