WardsAuto Dealer 5
 
















MARCH 20, 2024






1.

More Trade-Ins Underwater
F&I Showroom reports Edmunds data shows negative equity is at a two-year high.

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2.

White House Softens EV Mileage Rule
The Biden administration eased proposed rules to scale back production of gas-guzzling vehicles or face billions of dollars in fines, reports Reuters.

3.

Digitizing Auto Lenders’ Securitized Collateral Assets

By leveraging smart contracts and digitized technology, stakeholders can automate the creation, execution and enforcement of contracts. This not only reduces the time required for deal execution but also minimizes the potential for errors and disputes.

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4.

How Artificial Intelligence Is Reshaping Loan Applicant Verifications

With AI solutions, lenders achieve automation at scale efficiently, while reducing costs. The solutions also reduce manual processes, support compliance and quality, mitigate risk and deliver significant cost savings.

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5.

WardsAuto Podcast: Do Legacy Automakers Have the Talent and Chops for Software-Defined Vehicles?

The future of software-defined vehicles is huge. Forecasts peg the market at $510 billion by 2030. Detroit and other legacy automakers may not have enough talent to thrive in the new era.

Full article