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Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

Dealer World

The customer seemed legitimate, the electronic payment cleared initially, and everything appeared to be by the book." They promise below-market prices but require a hefty 50% down payment. But then things went sideways. The scam works like this: Fraudsters connect with buyers looking for deals on vehicles.

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Improve Your Dealership’s Digital DNA

DealerTrack Insights

This might be a familiar scene in your dealership: your customers have just test-driven their dream car, checked all the cool features, and are living on cloud 9. All this saves time upfront since customers can fill out fields, sign once, and then simply tap after that, and later on because it reduces the risk of errors.

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Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

AutoSuccessOnline

“The customer seemed legitimate, the electronic payment cleared initially and everything appeared to be by the book.” They promise below-market prices but require a hefty 50% down payment. Tech companies are developing real-time payment verification tools that work across different systems.

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Why did EV startup Fisker fail again and again?

Drive.com

Although its aesthetically pleasing design drew some attention from customers and industry heads alike, its myriad software and engine problems were the first indication of what would become the company’s habitual manufacturing shortcomings. Despite more than a $US1.5 billion ($AU2.2