See the top headlines! Catch up on the automotive industry’s latest news to plan for your dealership’s continued success.
🗞️ Industry roundup: FROM WARDSAUTO: Dealers brace for BEV, tariff price crunch U.S. auto dealers are anticipating significant price increases due to the 25% tariffs on imported vehicles and parts, which could raise average transaction prices by $6,000 for imported models and $3,000 for U.S. built vehicles. In March, new-vehicle sales surged to 1.59 million…
Read more
🗞️ Industry roundup: FROM REUTERS: U.S. first-quarter auto sales get a lift from looming Trump tariffs U.S. auto sales rose 4.8% in the first quarter to approximately 3.91 million units, driven by strong demand for pickup trucks and SUVs. General Motors led the market with a 17% increase in sales, fueled by popular models like…
Read more
🗞️ Industry roundup: FROM PR NEWSWIRE: Spring optimism boosts U.S. automobile dealer sentiment, despite weak profits, growing costs U.S. auto dealers are entering spring with increased optimism, as the market outlook index for Q1 reaches 58, the highest since 2022, indicating growing confidence for the next three months. While conditions have improved slightly from last…
Read more
🗞️ Industry roundup: FROM WARDSAUTO: Auto market thrives despite rising inventories, economic and political pressures Rising inventory levels, declining fleet sales, and increasing consumer affordability concerns are putting pressure on the U.S. auto market, with negative equity on trade-ins climbing to 25.5% of buyers. Despite these challenges, new-vehicle retail sales are projected to rise 8.1%…
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.
Lotlinx insights: Learn the driving factors to move used inventory faster It today’s market, it is crucial to have precise control over used inventory. Proper management of inventory selection, pricing, and demand helps maximize profitability and inventory turnover. Learn the current used car market trends, understand how shopper intensity can affect your marketing budget, and…
Read more
Lotlinx insights: Don’t get burned by overstock. Summer is one of the hottest selling seasons in the automotive industry. Ride the right wave using these 5 VIN-specific strategies and experience a care-FREE summer knowing you can move all your inventory with the Lotlinx VIN View Optimizer. Get started today. Industry roundup: FROM AUTOMOTIVE NEWS: First-half U.S….
Read more
Lotlinx insights: Don’t get burned by overstock. Summer is one of the hottest selling seasons in the automotive industry. Ride the right wave using these 5 VIN-specific strategies and experience a care-FREE summer knowing you can move all your inventory with the Lotlinx VIN View Optimizer. Get started today. Industry roundup: FROM AUTOMOTIVE NEWS: Stellantis sales…
Read more
Lotlinx insights: Pre-owned inventory campaign Pre-owned inventory with high days on lot and costly price markdowns were targeted across 5 dealerships to see how the Lotlinx Platform could increase time-to-sale for slow moving units and decrease the number of markdowns necessary to move them. View the results Industry roundup: FROM AUTOMOTIVE NEWS: June light-vehicle sales forecasts…
Read more
Lotlinx insights: Don’t get burned by overstock. Summer is one of the hottest selling seasons in the automotive industry. Ride the right wave using these 5 VIN-specific strategies and experience a care-FREE summer knowing you can move all your inventory with the Lotlinx VIN View Optimizer. Download the PDF Industry roundup: FROM COX AUTOMOTIVE: Wholesale used-vehicle…
Read more
Lotlinx insights: Do you believe you have a truly VIN-specific marketing approach? Think you know everything about your inventory? Use our comprehensive checklist to fill in strategy gaps to maximize your dealership’s potential with a “VIN-specific” marketing strategy. Read Here Industry roundup: FROM NEW YORK TIMES: Inflation continues to cool, offering relief to consumers The 4%…
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.
