Vincensus 2024 July

The overall market sentiment remained cautious due to the lasting impact of the CDK hack. While the most severe effects were mitigated, the market has not yet fully normalized. The automotive sector demonstrated resilience, particularly in used car sales that saw an 11% increase, but struggled to fully recover lost sales and demand, especially for…

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The Car Industry’s Biggest Pitfall: Markdowns

Dealers commonly voice concerns about relying on pricing tools, fearing they might trigger a downward spiral in prices. However, data-driven decision-making has never been more crucial in today’s industry landscape. A data-driven approach can, in fact, propel dealerships towards a “race to the top” in terms of front-end gross profit.  Market pricing tools have long…

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Vincensus 2024 June

Vincensus 2024 June

The CDK Global hack significantly impacted sales in June. The cyberattack disrupted software systems at thousands of dealerships, forcing many to revert to manual processes, such as using pen and paper for transactions. This led to delays and reduced efficiency, contributing to a 5% decrease in new vehicle sales and 7% in used. The market…

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Vincensus 2024 May

Vincensus 2024 May

In May, a decreasing day supply and stable sales in the used car market suggested strong demand. This requires dealers to have a more disciplined approach to their inventory management. Conversely, the high day supply in the new car market indicates potential oversupply issues or weaker demand. New Vehicles: Used Vehicles: A peek into June:…

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Learn about Sentinel the VIN
Management Platform

Maximize 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.

Sell down inventory this winter

Sell down inventory this winter

Not sure which VINs to tackle first?  We can help. The 5 Step Guide to Sell Down Winter Inventory includes:

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UAW Strike: Impact on U.S. Automotive Dealers Alt

UAW Strike: Impact on U.S. Automotive Dealers

Just because the industry is continuing to shift, it doesn’t mean your dealership can’t grow and move inventory. Your UAW Strike infographic covers 4 actionable steps to take right now:

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EV Guide Cover Alt

Three Trends Impacting Your Ability to Turn EVs

Discover solutions to the EV inventory conundrum using VIN-specific marketing and inventory management. Unpack these three trends when you download your free guide:

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Debunking 7 Marketing Myths Alt

Debunking 7 Marketing Myths

Say goodbye to uncertainty! Our comprehensive guide, “Debunking 7 Marketing Myths,” reveals the truth behind your marketing efforts, empowering you to make data-driven decisions that drive real results. Learn the truth about:

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Will the Hot Used Car Market Lead to Burns?

Key Insights: Dealerships are acquiring more inventory than they are selling. Used vehicle stocking levels have moved into the positive territory compared to Q4 last year. Days supply has increased by approximately 11 days since then. Although PVR has remained strong, there is increasing stress in the markets. Whereas dealers made far fewer markdowns in…

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Maximizing Used Car Inventory Profit During Times of Inflated Prices

Since March 2020, the automotive marketplace has been highly volatile. The COVID-19 pandemic forced manufacturers to pause production lines, greatly reducing dealerships’ inventory to a level that was unable to meet surprising consumer demand. As the gap between supply and demand widened, dealers turned toward used inventory to maintain volumes and profitability. The increased demand…

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Feel the Lotlinx Effect

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.

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