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: “Lotlinx was my first phone call when I got here. I needed help moving metal and they knew what to do.” When general manager Dominic Scruggs was hired to the run the Hudson Auto Group’s newly acquired Fayetteville Dodge Ram store, his first call was to Lotlinx. With previous experience working with the…
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Lotlinx insights: “I can’t think of a month – or a year – when my ROI with Lotlinx wasn’t excellent” Erik Butler, General Manager of Kia of Everett, is a leader in revolutionizing automotive sales with Lotlinx AI Machine Learning. Learn how his dealership effortlessly moves hard-to-sell units with Lotlinx to achieve exceptional ROI. Learn…
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Lotlinx insights: Nine ways dealerships can use AI to optimize business AI functions as a powerful tool, aiding dealerships in achieving their business objectives by enhancing sales and strategic decision making. It is essential for dealerships to know how to use it. Discover the nine strategic ways dealerships can tale advantage of AI to optimize…
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Lotlinx insights: Don’t leave your overstock inventory out in the cold this winter Download the 5 Step Guide to Sell Down Winter Inventory and leverage our VIN-specific strategies to move your aging inventory. Download. Industry roundup: FROM AUTOMOTIVE NEWS: EV transition slows as inventory grows and industry hits hurdles Automakers are reassessing their EV launch timeliness…
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Lotlinx insights: Is your dealership being impacted by the EV inventory conundrum? Discover solutions to the EV inventory conundrum using VIN-specific marketing and inventory management. Download now and unpack three key trends impacting your ability to turn EVs. Download. Industry roundup: FROM COX AUTOMOTIVE: September CPO sales come in strong, top 2 million units year to…
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Lotlinx insights: Just because the industry is continuing to shift, it doesn’t mean your dealership can’t grow and move inventory. Download your free copy of the UAW Strike infographic and learn the 4 actionable steps your dealership can take right now to move inventory. Get started. Industry roundup: FROM AUTO REMARKETING: Strike brings return of wholesale…
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.
