This isn’t just a chatbot. It’s an AI inventory strategist built for dealers. Ask it real questions about your inventory and it digs into your VIN-level data, pricing, market conditions, and shopper behavior to tell you exactly what to do next.
Read moreJoin Michael Cirillo, Carla Wade, and Kerri Wise for a discussion on the NADA floor, deep diving into the industry’s focus on AI.
Read moreLotGPT spotted in the wild! Yossi J Levi gives Donald Kemp of Stowasser Buick GMC a live look at LotGPT’s insights on his store in the latest Car Dealership Guy podcast.
Read moreJoin Kerri and Todd Smith, CEO of QoreAI, for a deep dive into the real-world impact of Artificial Intelligence on the automotive industry.
Read moreFROM CNBC: New cars are finally back in stock — but Americans might not be able to afford them Is pent up demand a fair match for the current financial climate? This year, federal interest rates have grown to 3.25%, average new vehicle financing now exceeds $41,300, and the number of consumers making payments of…
Read moreFROM AUTOMOTIVE NEWS: Market Rebounds in September, Dips in Q3 September 2021 was one of the slowest selling months since the start of pandemic-related declines. This year, September ended with a 13.7 million SAAR, while U.S. light-vehicle sales saw a 0.4% decrease throughout the third quarter. Read More FROM THE WALL STREET JOURNAL: As More…
Read moreFROM J.D. Power: September Sales Pace Shows Incremental Improvement; Highest September on Record for New-Vehicle Spending September is expected to end with a 5.4% year-over-year rise in retail sales and a 11.8% increase in total new-vehicle sales. These volume increases are punctuated by a 12% increase in consumer spending, totaling close to $43.7 billion. Read…
Read moreFROM REUTERS: Auto Industry Ad Spend Falls to $4.8 Billion in First Seven Months of 2022, Data Show Without inventory to promote, the auto industry has decreased advertising 4% year-over-year and 12.7% compared to 2019. Despite this dip, digital spending alone makes up 53% of the industry’s total advertising investment. Read More FROM AUTOMOTIVE NEWS:…
Read moreFROM COX AUTOMOTIVE: New-Vehicle Prices Increase for Fifth Straight Month, Set Record Again in August, According to Kelley Blue Book August new-vehicle prices were up 0.5% month-over-month and 10.8% year-over-year, with the average transaction exceeding $48,300. OEMs like Stellantis, Honda, and BMW have all increased prices over 10% this year. Read More FROM AUTO REMARKETING:…
Read moreFROM AUTOMOTIVE NEWS: Ford, Hyundai, Kia Rack up Double-Digit Gains as Market Rebounds; Toyota, Honda Skid Again Light-vehicle sales have remained consistent for three consecutive months, just around 1.13 million units sold. However, August’s sales should be measured on a brand-by-brand basis as top OEMs saw both double-digit rises and falls. Read More FROM CAR…
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