🗞️ 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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Data shows price pressures and aging carryover inventory increases, while Lotlinx customers maintain a competitive edge through strategic inventory management DETROIT, April 16, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q1 2025 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. The report…
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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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Early Adopters See Significant Gains, but Industry-Wide Implementation Still Has Room for Growth DETROIT, March 26, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today results of its latest industry survey, highlighting the increasing adoption and significant benefits of machine-driven technologies among auto retailers. The online survey,…
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Discover solutions to the EV inventory conundrum using VIN-specific marketing and inventory management. Unpack these three trends when you download your free guide:
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Say goodbye to uncertainty! Our comprehensive guide, “Debunking 7 Marketing Myths,” reveals the truth behind your marketing efforts, empowering you to make data-driven decisions that drive real results. Learn the truth about:
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Car dealers always have something to track — dealership industry turnover, invoicing delays, labor rates; the list goes on. With the car dealership industry generating over $1 trillion in new vehicle sales in 2019 alone, the industry is both vast and challenging. It requires big investments but often operates with tight profit margins. It requires…
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Lotlinx insights: Increase Summer Car Sales with Smart Strategies Webinar Summer is a critical time for car dealerships, driven by promotions and new inventory. Join us on July 18th at 1pm EST with Suzanne Reimer, Chief Marketing Officer at Lotlinx, for a webinar tackling this season’s challenges. Discover strategies for handling: Equip yourself with the…
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Steve White Auto Group takes advantage of Lotlinx precision retailing technology to bring net-new shoppers and increased VDP views to inventory listings across multiple rooftops. Vice President Brian Scully and his Lotlinx performance manager work together to highlight specific inventory segments and bring attention to the makes, models, and price ranges that will have the…
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Over the past twenty years, selling new cars has become less profitable for many reasons. Stock market ups and downs, intense competition among manufacturers, and shifting consumer tastes have all joined the mix— even cyberattacks on major software providers; this month’s CDK Global attacks have caused widespread outages felt across the American auto retail sales…
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