Selentium Group AG Launches AutoTrue, Revolutionizing Vehicle Verification
Selentium Group AG, a Swiss-based leader in artificial intelligence solutions, has announced the launch of AutoTrue — the world’s first AI-powered global vehicle verification platform. This innovative system aims to address the critical issue of trust that dominates the used car market worldwide.
Market Context: A Trillion-Dollar Industry in Need of Trust
The global used car market exceeds $1 trillion annually, with the MENA region alone accounting for over $50 billion. Despite its size, this sector is plagued by fraud, opaque transaction processes, and inefficiencies that undermine buyer confidence and slow market activity.
AutoTrue Technology: Triple-Layer AI Verification
AutoTrue integrates advanced AI capabilities with a verified dealer network and automotive ecosystem partners to deliver comprehensive vehicle verification through three key layers:
- AI-Driven Document Verification: Confirms VIN authenticity, service history, and detects fraudulent documentation.
- AI-Powered Technical Diagnostics: Analyzes images, videos, and telemetry data to uncover hidden defects and mechanical issues.
- Verified Dealer Network: Ensures all transactions occur via authorized dealers and certified service providers, enhancing reliability.
This multi-layered approach transforms each vehicle into a transparent digital asset, enabling safer transactions for buyers, expanded market access for dealers, and improved asset reliability for financial and insurance institutions.
Economic Impact and Efficiency Gains
Selentium Group projects significant economic benefits from AutoTrue’s deployment, including:
- Up to 70% reduction in fraud risk across transactions.
- Transaction times shortened dramatically from weeks to mere hours.
- Vehicle liquidity enhanced by 15–20%, accelerating market turnover.
“The automotive market is worth over a trillion dollars. But it suffers from one fatal flaw: no trust. AutoTrue fixes that with AI. We turn every car into a digital asset with a transparent history. This is not just a marketplace — it is the new infrastructure for the global car fleet.”
— Marsel Murtazin, CEO, Selentium Group AG“AutoTrue is not only about cars. It is about building the chain of trust. Banks will finance transactions faster. Insurers will assess risks more accurately. Governments will track imports and taxation with precision. AutoTrue brings control, speed, and transparency to a market once ruled by chaos.”
— Kenji Tanaka, COO, Selentium Group AGLaunch and Strategic Expansion Plans
AutoTrue will debut in the United Arab Emirates in 2025, leveraging Selentium Group’s existing ecosystem connections with banks, insurers, and government registries. Following initial deployment, the platform will expand to Saudi Arabia, Qatar, and Europe in 2026, targeting key markets within the global automotive landscape.
FinOracleAI — Market View
AutoTrue represents a pivotal advancement in the digitization and verification of vehicles within the used car market, addressing long-standing inefficiencies that have hindered trust and liquidity.
- Opportunities: Significant reduction in fraud risk; acceleration of transaction cycles; enhanced market transparency; integration with financial and governmental institutions; scalable expansion potential across global markets.
- Risks: Dependence on dealer network adoption; data privacy and cybersecurity challenges; regulatory compliance across diverse jurisdictions; initial market penetration barriers.
Impact: AutoTrue is set to strengthen confidence across the automotive ecosystem, fostering faster, safer transactions and contributing to more efficient capital flows within the $1 trillion used vehicle market.
