The percentage of auto loans financed at zero percent fell to just 1.1% in Q3 2023, down significantly from a high of 24.2% during that pandemic. According to Edmunds, for the three years before the…

The response times by auto dealerships to website inquiries improved ~6% year-over-year, according to the 2023 Pied Piper PSI Internet Lead Effectiveness study. Pied Piper submitted customer inquiries, along with a name, email address, and…

Following years of supply chain challenges and production schedule reductions, artificial intelligence poses potential productivity upsides for parts purchasing processes. One AI company, Arkestro, created predictive procurement software that helps companies eliminate two steps in…

According to Carfax, we have begun the most dangerous season for driving. 72% of U.S. drivers live in states where Fall is the peak season for accidents.  Several factors contribute to the increase including fewer…

In recent weeks, auto manufacturers cut production estimates by 63,400 vehicles for 2023. Nearly 90% of the latest production schedule cuts were from North American auto manufacturers, with the remainder spread across Asia, South America,…