Auto AI Shakeup: Cox’s Digital Retail Study, Intel Exits, Foxconn’s EV Platform & More

Cox Automotive: Digital Tools, AI, and Partnerships Drive Dealer Profitability

Cox Automotive's 2025 Digitization of Automotive Retail Study reveals that nearly 50% of franchise dealers now offer a fully online buying experience—double from two years ago. With AI adoption, third-party partnerships, and connected retail tools, dealers are closing more sales and improving profitability.
Read more: https://www.prnewswire.com/news-releases/cox-automotive-study-finds-digital-retailing-external-partnerships-and-ai-key-to-dealer-success-and-profitability-302490042.html

Elektrobit and Foxconn to Launch AI-Based EV Software Platform

Elektrobit and Foxconn have joined forces to create EV.OS, an AI-centric software platform for software-defined vehicles. The platform will support real-time ECUs, service-oriented architecture, and a semantic API, aiming to reduce development complexity and accelerate EV production.
Read more: https://fox5sandiego.com/business/press-releases/cision/20250625NY17917/elektrobit-and-global-partner-to-jointly-develop-ev-os-an-ai-centric-automotive-platform-for-software-defined-vehicles/

Intel to Exit Automotive Chip Design Amid Restructuring

Intel is shutting down its automotive chip division and laying off employees in a move to streamline operations and cut $1.5B in costs by 2026. Despite previous announcements of second-gen AI SoCs and automotive GPUs, the company is pulling back from direct involvement in the auto chip space.
Read more: https://ackodrive.com/news/intel-to-shutter-automotive-chip-design-business-lay-off-workforce-report/

Scott Falcone: Why Culture Beats Tech in Automotive Retail

In this episode of What The Prompt?, veteran dealer Scott Falcone explains why culture—not shiny tools—is the key to dealership success. He shares how in-house AI tools and mentorship bonuses are helping his team solve real problems, boost onboarding, and improve store performance.
Read more: https://youtu.be/od2AppyEe_w?si=NBOWgcRFvdGgWr4H

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