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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.
According to recent LotLinx research, dealerships spend upwards of $8,000 a month on search engine marketing (SEM). Given the hefty investment and the wealth of data each search provides, shouldn’t you be fully optimizing your campaigns? We are at the precipice of a fourth industrial revolution – a period of great change that will be…
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If you expect to hit your sales goals, you need to segment your marketing activities to focus on your specific inventory objectives. Here are six essential ways to ensure your marketing makes a meaningful impact – all with the help of artificial intelligence. As the Chief Strategy Officer at LotLinx, Inc., my most meaningful time…
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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