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A Look at How Auto Lenders and Retailers Continued Back Office Digital Adoption in Q4

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The auto finance and retail industries continued to embrace the adoption of digital documentation and back-office strategies toward the end of 2024. Todays Rebounding Auto Market The positive trends in the reported digital adoption coincide with a continued rebound in the U.S. auto market.

Retail 40
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Dealers’ Optimism on Rise, says Cox Q4 2024 Dealer Sentiment Index

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. “The recent resolution of political uncertainty following the presidential election has cleared the path for a more optimistic outlook on future auto market conditions,” said Jonathan Smoke , chief economist at Cox Automotive. One year ago, the index stood at just 41, one of the lowest readings in its history.