Prestigious International Annual Awards Program Honors Standout AI Companies & Solutions DETROIT, July 09, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, today announced that its advanced generative AI inventory and pricing management solution has been selected as winner of the “LLM Innovation Award” in the 8th annual AI…
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Company Recognizes CMO Kerri Wise and CRO Carla Wade for National Recognition Celebrating Leadership, Innovation, and Advocacy in Automotive Industry DETROIT (June 25 , 2025) – Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today that Chief Marketing Officer Kerri Wise has been named among the 2025 100 Leading Women…
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Auto dealers are navigating a perfect storm of challenges – from the ripple effects of the 25% tariff on imported vehicles to unpredictable market shifts, inventory aging, and volatile pricing trends. To stay competitive, more dealers are turning to advanced AI-driven solutions that go far beyond basic analytics. Technologies like Large Language Models (LLMs), Agentic…
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Veteran Automotive Marketing Executive to Help Accelerate Lotlinx’s Growth, Brand Innovation and Dealer Engagement DETROIT (May 6, 2025) – Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today the appointment of Kerri Wise as Chief Marketing Officer. With over 25 years of executive leadership experience at top automotive technology brands,…
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Today’s car buyers expect a personalized experience, just like they get from companies like Amazon and Netflix. To keep up, dealerships need to harness the power of data and AI, and luckily, these tools are now within reach. Traditional dealership customer journey mapping was helpful, but it only showed you the past. Now, with AI…
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Profit margins are tighter than ever in today’s car market. The days of easy $3,000+ profits on every used car are mostly gone. But the core principles of “buy low, sell high, and turn fast” are still key. To succeed, you need smart merchandising. What is Vehicle Merchandising? “Vehicle merchandising”—we hear it all the time,…
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🗞️ Industry roundup: FROM KELLEY BLUE BOOK: When will new car prices drop? New car prices remain significantly higher than pre-pandemic levels, with the average transaction price still nearly $11,000 above January 2020 levels, despite a recent dip. Inventory levels increased to a 96-day supply, creating more buying opportunities, especially for overstocked brands like Jaguar,…
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Data shows inventory management challenges persist as Lotlinx customers continue to outperform market averages DETROIT, Feb. 19, 2025 /PRNewswire/ — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q4 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. The report offers accurate, unparalleled insights into the current state of the…
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In January, the used car market demonstrated resilience, characterized by stable sales, steady pricing, and efficient inventory turnover. Demand for pre-owned vehicles remained strong, as inventory continued to move without requiring significant additional price reductions. This stability suggests that consumers continue to find value in used vehicles, possibly due to affordability concerns or shifting financial…
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As we move into 2025, AI and machine learning (ML) are set to transform automotive retail. Beyond customer interactions, these technologies are reshaping dealership inventory management, pricing, and operations. In 2024, AI expanded into back-office functions like credit processing and identity verification. This year, it will be deeply integrated into inventory management and operations. Click…
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