John Sternal
  • Boca Raton, FL
  • United States
  • Merit Mile
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John Sternal posted a blog post

Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry

Atlanta, GA, July 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) announces a partnership with Botdoc to integrate Trust Stamp’s low-code Orchestration Platform within the Botdoc Connect product, providing robust Identity Verification and KYC. The integration includes document validation using the …See More
Wednesday
John Sternal posted a blog post

Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry

The practice of markdowns has long been a cornerstone of retail strategy across various industries, and the auto sector is no exception.Historically, the manufacturer’s suggested retail price (MSRP) has been a constant part of a vehicle’s pricing, and an important element of the car-shopping process for consumers despite changing economic trends over the years. As the auto industry has grown increasingly competitive, dealerships have continually sought ways to attract buyers and move inventory,…See More
Monday
John Sternal posted a blog post

BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS

BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS Combined Solution Provides a Secure Way for Automotive Retailers to Transport Confidential Information with End-To-End Encryption Monument, Co – July 16, 2024 - Botdoc, a pioneer in end-to-end encrypted communication, announced today it has partnered with KPA, a leader in compliance software and solutions, to provide auto dealerships with an affordable,…See More
Jul 16
John Sternal posted a blog post

The Jury Is Out: How Many Dealers Are Utilizing AI?

Based on a recent industry survey of auto dealership executives located throughout the U.S., approximately 31% of respondents said they still rely only on gut instinct to manage their dealership’s vehicle inventory. This represents almost one third of dealer executives who fall into this bucket. It is no wonder that the same survey also showed that the majority (36.9%) said they continue to struggle with managing inventory for both new and used vehicles.With so much technology now available for…See More
Apr 30
John Sternal posted a blog post

Too Many Dealers Today Are Stuck In The Pandemic – Why Inventory Management Is Ripe For A Shakeup

In the years immediately following the COVID-19 pandemic, auto dealers experienced a paradigm shift in inventory management, pricing strategies, and overall business operational strategy. The unprecedented circumstances led to a period where inventory acquisition was viewed as a “get it however you can” mentality. However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new…See More
Mar 25
John Sternal posted a blog post

CerebrumX Industry Survey Highlights Where Cost Reductions Are Being Realized for Fleets Leveraging Connected Vehicle Data

DETROIT – December 14, 2023 - CerebrumX Labs Inc. (CerebrumX), a leading AI-driven automotive data management company, announced today results of a recent industry survey designed to take the pulse of fleet business leaders who have begun to utilize Artificial Intelligence (AI) connected vehicle technologies, and what type of results and/or cost savings they have identified for their operations. CerebrumX presented an online survey to more than 2,000 fleet professionals during the last two…See More
Dec 14, 2023
John Sternal posted a blog post

How Auto Retailers Are Leveraging Advanced Connected Vehicle Data for Optimized Lot Management Solutions

For many years, auto dealerships have constantly adjusted inventory expectations due to shifting supply chain constraints and lot management challenges. These constraints have impacted vehicle acquisition, parts sourcing and transport of new vehicles. Fleet allocations will only continue to grow, and it is important for fleets and auto retailers to identify new solutions via advanced connected vehicle data to maintain profits and customer expectations. Fleets & Dealers Face Systemwide…See More
Dec 5, 2023
John Sternal posted blog posts
Nov 8, 2023
John Sternal posted a blog post

WOLTERS KLUWER THIRD QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX SHOWS DIGITAL ADOPTION RATE MIRRORING AUTO SALES

WOLTERS KLUWER THIRD QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX SHOWS DIGITAL ADOPTION RATE MIRRORING AUTO SALES Macro Picture Shows Large Jump In Digital Adoption; Securitization Markets Also Seeing Notable Increase in Third Quarter NEW YORK – October 30, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, announced third quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate…See More
Oct 30, 2023
John Sternal posted a blog post

Exploring the New Right to Repair Pact: Balancing OEM Concerns and the Needs of Automotive and Commercial Vehicle Repair Shops

As July marked Right to Repair Awareness Month in the automotive aftermarket, there hasn’t been a better time than now to spread awareness about the importance of preserving Americans’ right to repair their vehicles, especially as congress continues to debate the necessity of the federal Right to Equitable and Professional Auto Industry Repair (REPAIR) Act.It…See More
Aug 23, 2023
John Sternal posted a blog post

WOLTERS KLUWER SECOND QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX SHOWS DIGITAL ADOPTION RATE UP SLIGHTLY

WOLTERS KLUWER SECOND QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX SHOWS DIGITAL ADOPTION RATE UP SLIGHTLY Budgetary Pressures Setting In for Digital Adoption; Lenders Realizing Importance of Digitizing the Entire Transaction Process NEW YORK – August 2, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, announced second quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate at…See More
Aug 2, 2023
John Sternal posted a blog post

CerebrumX Industry Survey Highlights Challenges That Remain For Insurance Companies In Leveraging AI Analytics Data

CerebrumX Industry Survey Highlights Challenges That Remain For Insurance Companies In Leveraging AI Analytics Data Most Executives Say They Don’t Have Access To Resources That Help Collect Data From Disparate Sources DETROIT - July 11, 2023 - CerebrumX Labs Inc. (CerebrumX), a leading AI-driven automotive data management company, announced today results of a recent industry survey designed to take the pulse of insurance and fleet business leaders who have either begun to utilize Artificial…See More
Jul 11, 2023
John Sternal posted a blog post

Pioneer announces Investment into CerebrumX and Strategic collaboration to jointly expand Mobility Services business globally

Pioneer Corporation, a global market leader in mobility products, announces its decision to invest in and form a business alliance with CerebrumX Labs Inc. (CerebrumX), a leading AI-driven automotive data management company, to accelerate the growth of its mobility services business.   Pioneer and CerebrumX have also entered a strategic partnership, committed to developing innovative, data-driven mobility services, including connected services for OEMs and after-sales service providers such as…See More
Jun 5, 2023
John Sternal posted a blog post

PURECARS DEALER SURVEY REVEALS OPPORTUNITIES FOR DEALERS TO BETTER MAINTAIN, CAPITALIZE ON FIRST-PARTY DATA

ATLANTA – (May 2, 2023) – PureCars, the leading customer data and marketing platform for automotive dealers, announced today new data and insights regarding dealers’ knowledge of third-party cookie deprecation, customer database health, and using first-party data for targeted marketing, as well as familiarity with Customer Data Platform (CDP) technology. PureCars commissioned an online survey to retail executives in March 2023. The respondents represented franchise dealerships across the U.S.…See More
May 2, 2023
John Sternal posted a blog post

Industry Survey Finds Consumers Want More Online Videos When Car Shopping But Few Dealers Today Are Actually Offering Full-Motion Video

Dealer Image Pro Assesses State of Dealership Video Merchandising In 2023 SACRAMENTO, CA (April 17, 2023) – After conducting a survey earlier last month looking at the disparity between dealership and consumer photo merchandising importance, …See More
Apr 17, 2023
John Sternal posted a blog post

Industry Survey Shows Continued Disparity In Dealers’ Importance of Quality Online Photos Compared With Consumers’ Importance Of Visual Buying Needs

Dealer Image Pro Evaluates State of Dealership Photo Merchandising In 2023 SACRAMENTO, CA (March 9, 2023) – Dealer Image Pro, a leader in proprietary in-house photo, video, 360° and window-sticker software for automotive dealerships, today announced results from a survey it…See More
Mar 10, 2023

Profile Information

Which best describes you?
Vendor Partner
What company do you work for (or own)?
Merit Mile
What is your current position within your organization?
Director
What is your company website?
http://meritmile.com
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Google
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We are interested in sharing automotive insight, data and trends.

John Sternal's Blog

Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry

Posted on July 24, 2024 at 2:10pm 0 Comments

Atlanta, GA, July 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI) announces a partnership with Botdoc to integrate Trust Stamp’s low-code Orchestration Platform within the Botdoc Connect product, providing robust Identity Verification and KYC. The integration includes document validation using the …

Continue

Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry

Posted on July 22, 2024 at 11:19am 0 Comments

The practice of markdowns has long been a…

Continue

BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS

Posted on July 16, 2024 at 9:34am 0 Comments

BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS

 

Combined Solution Provides a Secure Way for Automotive Retailers to Transport Confidential Information with End-To-End Encryption

 

Monument, Co – July 16, 2024 - Botdoc, a pioneer in end-to-end encrypted communication, announced today it has partnered with KPA, a leader in…

Continue

The Jury Is Out: How Many Dealers Are Utilizing AI?

Posted on April 30, 2024 at 1:28pm 0 Comments

Based on a recent industry survey of auto dealership executives located throughout the U.S., approximately 31% of respondents said they still rely only on gut instinct to manage their dealership’s vehicle inventory. This represents almost one third of dealer executives who fall into this bucket. It is no wonder that the same survey also showed that the majority (36.9%) said they continue to struggle with managing inventory for both new and used vehicles.

With so much…

Continue

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