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April 5, 2024 | Tesla scraps plans for entry-level EV; AI in F&I

Automotive News Daily Drive

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The Digital Shift in Dealership Finance and Insurance Offices

This chapter explores the increasing transition from paper to digital processes in dealership finance and insurance offices, emphasizing the integration of AI for loan decisions and transaction accuracy. It discusses the benefits of digitization for both dealers and lenders in streamlining traditional automotive practices, focusing on the move towards digital experiences in auto loan origination. The importance of automation, digital workflows, and AI implementation in improving efficiency and dealer satisfaction is highlighted.

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