Swedish company Phyron believes AI-powered sales bots could be as effective as human car salespeople as soon as 2025.
- AI-powered videos have been shown to sell cars 3 to 5 days faster, and AI voiceovers could further increase efficiency.
- Dealers can leverage AI to create customized voiceovers for videos highlighting key attributes of individual vehicles.
- Phyron has developed a Large Language Model similar to GPT-4 that has been trained specifically for the automotive retail sector. It can produce voiceovers from 5 to 5,000 words of input data.
- Phyron currently has over 1,500 automotive customers across Europe representing 100,000 vehicles using their AI video and voiceover technology.