See the top headlines! Catch up on the automotive industry’s latest news to plan for your dealership’s continued success.
🗞️ Industry roundup: FROM KELLEY BLUE BOOK: When will new car prices drop? New car prices remain significantly higher than pre-pandemic levels, with the average transaction price still nearly $11,000 above January 2020 levels, despite a recent dip. Inventory levels increased to a 96-day supply, creating more buying opportunities, especially for overstocked brands like Jaguar,…
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🗞️ Industry roundup: FROM WARDS AUTO: Shifting gears: What car buyers really want in 2025 Consumer interest in hybrids is rising, with 26% of U.S. buyers preferring them for fuel savings and lower emissions, while BEV interest remains limited due to charging concerns. Brand loyalty is weakening, with 46% of U.S. consumers planning to switch…
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🗞️ Industry roundup: FROM CAR AND DRIVER: President Trump signs executive order revoking Biden-era EV targets President Donald Trump has signed an executive order revoking Biden-era EV targets, including the goal for 50% of new cars sold by 2030 to be electric. The order also eliminates federal funds for EV charging stations and challenges state…
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🗞️ Industry roundup: FROM WARDS AUTO: Most automakers anticipate bright 2025 U.S. light vehicle sales reached over 15.8 million units in 2024, up 2.2% year-over-year and the highest recorded year of sales since 2019. GM and Ford maintained healthy sales increases, while Stellantis took a 20% hit. Many brands saw major double digit sales gains…
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: A look ahead: predictions for automotive inventory in 2024 Industry reports hint at a return to normalcy in new-vehicle sales, despite challenges and uncertainty regarding the new definition of “normal” in the automotive industry. Join us Thursday, January 18th at 2:00 PM EST to: Register now. Industry roundup: FROM FORBES: Experts say both…
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Lotlinx insights: Experience the Lotlinx Effect at NADA Ready for your most memorable NADA yet? Experience the future of automotive innovation with dynamic live demos showcasing our AI-powered inventory management. Receive exclusive rewards upon registration and delve into thought-provoking speaker sessions, including impactful insights from Formula One’s Mark Gallagher. We can’t wait to see you…
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Lotlinx insights: Experience the Lotlinx Effect at NADA Join us at NADA 2024 in Las Vegas to discover how our data-enriched, AI-powered inventory management can elevate your dealership. Engage with live demonstrations and gain valuable insights through expert sessions. Don’t miss out – get ready for your most memorable NADA yet! Learn more. Industry roundup:…
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Lotlinx insights: Experience the Lotlinx Effect at NADA Join us at NADA 2024 in Las Vegas to discover how our data-enriched, AI-powered inventory management can elevate your dealership. Engage with live demonstrations and gain valuable insights through expert sessions. Don’t miss out – get ready for your most memorable NADA yet! Learn more. Industry roundup:…
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Lotlinx insights: Get ready to experience the Lotlinx Effect As the highly anticipated NADA Show 2024 draws near, Lotlinx stands ready to elevate your dealership to the next level. Immerse yourself in innovation as we demonstrate our advanced AI-powered technology to move cars faster, increase daily shopper actions, and move sell rate to extraordinary levels….
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Lotlinx insights: McCarthy Auto Group boosts conversions 140% in one month with Lotlinx Matt Hunnicutt, Advertising Director at McCarthy Auto Group, uses the Lotlinx platform to manage inventory marketing across all twelve rooftops in Kansas City. Lotlinx AI and machine learning technology has decreased the marketing cost per unit, decreased the average days on lot…
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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