The reality is that every month around 70 million shoppers start searching for cars online, but only 4 million actually buy a car. Are your vehicles showing up for them when they’re ready to pull the trigger? Most dealers would say yes. They assume that their brand marketing efforts (like paid search) or their conquest…
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https://www.youtube.com/watch?v=FAk3RDWUv3c The hard truth about inventory management is that vehicles sit longer than they should, eating away at profit. And we know you work hard to move your inventory — from price adjustments to paid promotion. But that doesn’t always solve the problem. In this session, Kerri Wise and Gio Scognamiglio share how dealers can…
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You work hard to move your inventory. But the hard truth is that many cars still sit too long, eating away profit. In talking to dealers across the country, most aren’t even aware that they have inventory risk until it’s too late. Then they resort to markdowns and large investments in advertising, which doesn’t always…
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Podcast recording from July 2, 2025. As featured on Daily Dealer Live, Len Short breaks down how technology is changing the game for car dealers. Check out Len Short share how AI and VIN-specific marketing are reshaping dealership strategy—using real-time data and machine learning to optimize pricing, move inventory faster, and protect dealer profits. About…
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🗞️ 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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🗞️ 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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February 2025 showed mixed signals, with a slight uptick in sales but continued challenges in both new and used vehicle segments. Used car prices demonstrated signs of stabilization; however, inventory constraints remained a pressing issue, with the average days’ supply tightening to 39 days. Economic uncertainties and new trade policies introduced additional risks, particularly with…
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