Get in on the insights! Lotlinx asks and answers the automotive industry’s toughest questions to help move metal faster.
Auto dealers are navigating a perfect storm of challenges – from the ripple effects of the 25% tariff on imported vehicles to unpredictable market shifts, inventory aging, and volatile pricing trends. To stay competitive, more dealers are turning to advanced AI-driven solutions that go far beyond basic analytics. Technologies like Large Language Models (LLMs), Agentic…
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It’s Your Dealership, It’s Your Decision – Agentic AI Just Makes It Easier Technology is moving a million miles per hour, and the future of dealership marketing is evolving with it. The way cars are bought and sold has changed drastically in the past few years, and only the dealerships that adapt will be the…
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Don’t Just Buy the AI Hype—Make It Work for Your Dealership AI is everywhere in the automotive industry, promising to revolutionize inventory management, marketing, pricing, and more. But not all AI is created equal. Some vendors are selling high-tech promises without delivering real, measurable results. For dealers, AI should be more than just a buzzword—it…
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The car buying process has changed dramatically in recent years. Customers expect an easy experience—one where they can find the exact vehicle they want, at the right price, without spending hours searching through listings that don’t match their needs. This is where using AI for a car dealership can help disrupt automotive retailing. AI-powered solutions,…
Read moreMaximize your profits with our automotive technology solutions that execute VIN-specific strategies via innovative features, including real-time market analysis and inventory management that increases turn, reduces waste, improves margins, and controls risk.
In the world of car sales, pricing strategies—especially the debate over dropping prices or “marking down” vehicles—come up often and can get pretty heated. The wisdom passed down between generations is that if a car is not selling, “mark it down.” Drop the price low enough, and the car will sell — so it works,…
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Running an auto dealership comes with its unique set of challenges and rewards. Among the endless metrics to keep tabs on, the inventory turnover ratio is a critical indicator of a dealership’s operational performance. This ratio, calculated by dividing the cost of goods sold by the average inventory value, reveals how frequently a dealership cycles…
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Running a dealership is like driving down a busy highway. You need the right car in stock, a clear roadmap to reach your target customers, and functional operations to keep things running smoothly. But in today’s competitive market, relying on instinct and experience alone can leave you stuck in the slow lane. In order to…
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For years, dealerships have walked on a tightrope of car inventory challenges, stocking up on the right VINs without risking overspending on inventory that could sit unused for extended periods. The unpredictable nature of sales and the unique customers that arrive at any given moment looking for a specific vehicle model make inventory management complex….
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Digital disruption is hitting the world at an ever-evolving pace, and this could be said for any industry, including automotive companies and the largest original equipment manufacturers (OEMs). To adapt, car dealers must digitalize sales with virtual selling — transforming traditional selling methods into an innovative, tech-savvy marketplace. The art of virtual sales in the…
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The amount of wasted spending on digital advertising can vary significantly depending on various factors such as the targeting accuracy of the campaigns, the effectiveness of ad creative, ad fraud, and the specific goals of the advertisers. Estimates of wasted spending in digital advertising typically range from 30% to 80%. At Lotlinx, our data suggests…
Read more Lotlinx was created to hand operational and fiscal control back to the dealer. We have been harnessing our AI and machine learning technology for over a decade, purely focusing on how dealers can move their inventory more efficiently and effectively.
It’s your dealership. Control it with Lotlinx.
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