Interactive EQ, an interactive talent assessment platform that combines AI and interactive videos to measure emotional quotient (EQ), launched its Auto IEQ product for dealers/retailers, service providers, and OEMs.

LOS ANGELES, Mar. 25, 2025 -- Interactive EQ launches Auto IEQ - AI-based Talent Assessment Platform Custom-Built for Auto Industry Needs.

Former Tekion leader solves for measuring intangible skills by…

In recent years, while AI has empowered dealers and lenders to enhance their businesses, it has also provided fraudsters with sophisticated tools to perpetrate financial fraud.  

One of the most concerning developments is the use of generative AI techniques, including deepfakes, to create counterfeit documents. Deepfakes, short for "deep learning fakes," enable fraudsters to convincingly manipulate images and texts of key loan documents, making detection increasingly…

Sure, technology is rapidly advancing the automotive retail and lending industries, but this evolution has also brought about new challenges in the areas of cybersecurity. The ransomware event of the summer of 2024 made many headlines, and since then the entire industry is taking a closer look at digital security.

Even with this increased awareness, a recent online survey conducted in November 2024 has shed light on the alarming gaps in cybersecurity practices among auto…

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold for months.

Traditionally, dealers have relied on experience, gut instincts, and past sales performance to determine which vehicles to order, how to price them, and when to move them…

Today's leading auto retailers widely recognize the significance of digital deal jackets in their operations. These comprehensive electronic records have transformed legacy dealership processes, covering all aspects of vehicle sales. However, just utilizing a digital deal jacket isn’t enough, especially since only 20% of dealers said they utilize a digital copy of a person’s driver’s license – even with a digital deal jacket.

The Federal Trade Commission's Safeguards Rule has…

The auto industry has long been plagued by the persistent issue of fraud, especially with used vehicle transactions. For years, auto dealers and their lender partners have been hesitant to acquire used inventory directly from private sellers in the private marketplace. This reluctance stemmed from the lack of access to robust identity verification and fraud prevention tools, which left dealers and lenders vulnerable and exposed to fraudulent transactions.

Private…

How Machine Learning and Vertical AI are Reshaping Inventory Management and Sales Strategy

DETROIT (March 4, 2025) – Artificial intelligence is no longer an emerging technology in automotive retail—it’s a necessity. As dealerships face increasing pressure to optimize inventory, reduce risk, and drive profitability, AI and machine learning are providing new ways to automate…