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February 2025 showed mixed signals, with a slight uptick in sales but continued challenges in both new and used vehicle segments. Used car prices demonstrated signs of stabilization; however, inventory constraints remained a pressing issue, with the average days’ supply tightening to 39 days. Economic uncertainties and new trade policies introduced additional risks, particularly with…
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In January, the used car market demonstrated resilience, characterized by stable sales, steady pricing, and efficient inventory turnover. Demand for pre-owned vehicles remained strong, as inventory continued to move without requiring significant additional price reductions. This stability suggests that consumers continue to find value in used vehicles, possibly due to affordability concerns or shifting financial…
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Sales volumes continued to grow for new vehicles, driven primarily by hybrids and EVs, while ICE units remained steady. Hybrids saw a standout performance, with sales increasing by 23% QoQ, making up 22% of Q4 2024 new vehicle sales. This represents a 3% increase from the previous quarter and a 4% increase from the same…
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Lotlinx revolutionizes the automotive industry, empowering dealers with cutting-edge data and technology necessary to thrive in a dynamic industry where every move counts.
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.
This March, Lotlinx presented more than 2,500 auto professionals with a survey to see how they tackle inventory management. The results confirmed that many dealers are still behind the curve when it comes to inventory technology adoption. For example:
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As we delve into the market data for April, a few interesting items emerge. Overall, our data indicates a challenging market environment characterized by increasing inventory levels, declining sales volumes, and downward pressure on prices for both new and used vehicles. Current efforts to address aging inventory and carryover percentage have had limited success, highlighting…
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Introducing Lotlinx’s First Quarterly Vincensus Report We are excited to bring you our new Vincensus Report for the first quarter of 2024, which is the most comprehensive monthly/quarterly inventory report in the industry. This report was developed using Lotlinx’s proprietary Lexaca data, the largest inventory specific data set with over 24 billion data points, that…
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Managing your dealership’s inventory risk factors will be crucial in achieving sales and profitability in 2024. Is your dealership’s inventory strategy ready to take on the changing market? The Lotlinx Inventory Strategies Checklist covers six steps to analyze your inventory management and combat inventory risk.
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Our 2024 Lotlinx Inventory Predictions guide lays out five reasons why the automotive market is still rebounding in the new year. Understanding potential inventory risk factors is crucial for managing sales and profitability in 2024.
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Not sure which VINs to tackle first? We can help. The 5 Step Guide to Sell Down Winter Inventory includes:
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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