Join Kerri and Todd Smith, CEO of QoreAI, for a deep dive into the real-world impact of Artificial Intelligence on the automotive industry.
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Kerri Wise sits down with GM of Product and Technology Lance Schafer to discuss the rapidly evolving landscape of Artificial Intelligence, specifically for the automotive industry.
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Kerri Wise and Jen Suzuki dive into the biggest challenges and cutting-edge solutions for the modern automotive BDC and sales floor.
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Kerri Wise sits down with Car Dealership Guy for a candid conversation on his start in automotive, how CDG gained momentum, and the lessons he’s learned from interviewing top operators across the industry.
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Lotlinx insights: Markdown Mythbusters Lotlinx has been tracking the price elasticity of millions of VINs for over 10 years, and we’ve uncovered some truths about pricing markdowns. Download the free Markdown Mythbusters infographic for answers to questions like: Download Industry roundup: FROM REUTERS: U.S. auto sales set to modestly rise in May, report shows Despite…
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In the world of car sales, pricing strategies—especially the debate over dropping prices or “marking down” vehicles—come up often and can get pretty heated. The wisdom passed down between generations is that if a car is not selling, “mark it down.” Drop the price low enough, and the car will sell — so it works,…
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Lotlinx insights: Q1 2024 Lotlinx Vincensus The Lotlinx Vincensus is a regularly syndicated report crafted to demonstrate the state of automotive inventory across major OEMs. It serves as a detailed comparative analysis that shows how each OEM is performing against industry benchmarks, so dealers can see where they rank amongst their competition. This approach not…
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Running an auto dealership comes with its unique set of challenges and rewards. Among the endless metrics to keep tabs on, the inventory turnover ratio is a critical indicator of a dealership’s operational performance. This ratio, calculated by dividing the cost of goods sold by the average inventory value, reveals how frequently a dealership cycles…
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Vincensus Offers Real-Time Visibility for OEM-specific and Dealership Inventory, Plus Key Data on Pricing and Markdowns DETROIT, May 7, 2024 /PRNewswire/ — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its inaugural Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. Each month and quarter, the Vincensus Report will offer…
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Running a dealership is like driving down a busy highway. You need the right car in stock, a clear roadmap to reach your target customers, and functional operations to keep things running smoothly. But in today’s competitive market, relying on instinct and experience alone can leave you stuck in the slow lane. In order to…
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