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: Uncover inventory risks with your custom VIN Risk Report. Your custom VIN Risk Report offers: Leverage this data to grasp the auto market landscape, identify dealership risks, and take proactive measures. Request your free report. Industry roundup: FROM JD POWER: Fifth consecutive month of double-digit sales growth sees new-vehicle sales up 15.4%, record consumer…
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Lotlinx insights: Uncover inventory risks with your custom VIN Risk Report. Your custom VIN Risk Report offers: Leverage this data to grasp the auto market landscape, identify dealership risks, and take proactive measures. Request your free report. Industry roundup: FROM AP NEWS: Looking for a new car under $20,000? Good luck. Your choice has dwindled to…
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Lotlinx insights: Keep selling inventory no matter how the market shifts. The comprehensive Lotlinx Guide to Inventory Strategies equips dealers with insights into evolving industry trends, 6 effective strategies to mitigate inventory risk, and an introduction to analytical tools for strategic decision making. Download your free guide. Industry roundup: FROM COX AUTOMOTIVE: CPO sales beat expectations…
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Lotlinx insights: Mitigate inventory risk in today’s economy The comprehensive Lotlinx Guide to Inventory Strategies equips dealers with insights into evolving industry trends, 6 effective strategies to mitigate inventory risk, and an introduction to analytical tools for strategic decision making. Download your free guide. Industry roundup: FROM COX AUTOMOTIVE: Wholesale used-vehicle prices see smaller decline in…
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Lotlinx insights: King Automotive Group attributes 75% of sales to Lotlinx Prior to using Lotlinx, King Automotive Group was focused on two main objectives: 1) accelerating inventory movement and 2) market share growth. However, managing partner, Jerad King, discovered that his existing inventory strategy was not effectively reaching the store’s target audience and was not…
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Lotlinx insights: Never wonder if the marketing you are paying for is actually working again. Request your comprehensive guide to Debunking 7 Marketing Myths to unveil the truth about marketing leads, social media presence, and digital advertising and maximize the effectiveness of your marketing strategies. Learn more Industry roundup: FROM WARDS AUTO: Used EV prices nosedive…
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.
