Lotlinx recently launched LotGPT, a chatbot built specifically for car dealerships to streamline inventory management, optimize pricing strategies, and provide actionable insights for daily operations. In CBT News’ latest episode of Inside Automotive, Lotlinx’s Executive Chairman Len Short and Executive VP and GM of Product & Technology Lance Schafer joined Jim Fitzpatrick to break down…
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Stabilizing supply, aging inventory, and intensified markdown activity create a more price-sensitive market; Lotlinx dealers continue to outperform industry benchmarks DETROIT, Nov. 12, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s first and only VIN Performance platform built to help dealers maximize profitability, announced today its Q3 2025 Quarterly Vincensus Report, the most comprehensive quarterly inventory report in…
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Many dealers don’t understand their inventory risk or the drivers of VIN underperformance until it’s too late. This is one of the questions dealers bring to LotGPT—Lotlinx’s version of ChatGPT built for car dealers. Watch the video to see LotGPT answer a question like this. Watch the full episode HERE to see more questions dealers…
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Lotlinx recently rolled out LotGPT, our version of ChatGPT but built exclusively for automotive dealers. Dealers have a lot of questions for LotGPT, from inventory performance to pricing recommendations. But one question comes up often: “How do I perform against my local competition?” Check out Lotlinx’s Chairman and Co-Founder Len Short demonstrate how LotGPT handles…
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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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