Best Practices for Leveraging the Power of AI at Auto Dealerships

Dealers face the challenge of unlocking AI’s full potential while managing its risks. Derek Hansen, SVP of Cox Automotive’s vAuto, Xtime, and Dealertrack, shares practical strategies for introducing AI to teams, defining the right balance between human and machine tasks, and resolving conflicts in decision-making. He also explains how AI can optimize used-vehicle inventory by assessing risk, identifying opportunities, and pricing for maximum profitability.