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…
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🗞️ 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…
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🗞️ 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…
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🗞️ 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: Right time, right place, right message. Learn the right advertising tactics. Are you engaging with customers at the right stage of their buying journey? Register now and ensure your advertising message aligns with customer expectations and desires. Industry roundup: FROM CNBC: How inflation and higher interest rates have reshaped car buying for many Americans…
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Lotlinx insights: Do you know all there is to know about your inventory? 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 COX AUTOMOTIVE: New-vehicle sales in May expected to jump by 20% as…
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Lotlinx insights: Understanding today’s automotive marketing lead funnel In the latest episode of Dealer Talk with Jen Suzuki, Suzanne Reimer explores the significance of marketing lead funnels in the automotive buyer market. As trends and technologies continue to evolve, they examine the need for continuous learning and adaption in the world of automotive marketing. Listen…
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Lotlinx insights: Lotlinx Current Market and Dealer Trends Successful dealers are leveraging Lotlinx data to power up their inventory strategy. See the latest data trends that are impacting the automotive industry and your dealership. View the infographic Industry roundup: FROM AUTO REMARKETING: Softening prices with Memorial Day approaching trigger questions Wholesale vehicle prices are trending downward…
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Lotlinx insights: Dealers control profitability with Lotlinx. Listen to VP of Enterprise Solutions, Zach Wilmes, show why Lotlinx is necessary to minimize advertising waste and control company profitability. Watch the video Industry roundup: FROM AUTOMOTIVE NEWS: April auto sales defy economic uncertainty The seasonally adjusted annualized sales rate reached 16.15 million in April, surpassing January’s 16.12…
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Lotlinx insights: Lotlinx Current Market and Dealer Trends Successful dealers are leveraging Lotlinx data to power up their inventory strategy. See the latest data trends that are impacting the automotive industry and your dealership. View the infographic Industry roundup: FROM CBT NEWS: Hyundai and Kia see sales growth over April, gain steam after successful Q1 The…
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.
