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.
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Join Michael Cirillo, Carla Wade, and Kerri Wise for a discussion on the NADA floor, deep diving into the industry’s focus on AI.
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LotGPT 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.
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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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FROM COX AUTOMOTIVE: Auto Dealers’ Attention Turns to Inflation, High Costs and Tight Inventory Dealer sentiment has slipped for the fourth straight quarter. Opinions toward inventory levels have flip-flopped year over year, with outlooks toward new inventory supply improving and used inventory supply declining. Read More FROM REUTERS: U.S. Automaker CEOs, Toyota Urge Congress to…
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FROM JUST AUTO: U.S. Light Vehicle Market Down 29% In May May 2022 sales volume totaled 1.1 million units, a 29% year over year decline. Thus far, accumulated sales for 2022 have dropped 19%, settling at 5.65 million units. Read More FROM CBT NEWS: Suppliers Get Creative to Battle Raw Materials and Semiconductor Shortages The…
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FROM KELLEY BLUE BOOK: Dealers Paying More for Used Cars: What That Means for You In the first half of May, dealers paid 12.1% more for the average used car than they did last year. The result is inevitable – buyers are seeing continuous price increases. Read More FROM CAR AND DRIVER: Survey: EV Price,…
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FROM AUTO REMARKETING: Vehicle Population Rises, as Does Vehicle Age As of January 1st, 2022, the average age of light vehicles in operation has risen consecutively for five years, reaching a record age of 12.2 years. Inventory disruption and the global microchip shortage are key contributors. Read More FROM CBT NEWS: Top 6 Car Sales…
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FROM AUTO NEWS: Texas U.S. Leader in Dealership Acquisitions In 2021, Texas led both in the number of buy-sell transactions completed and the number of individual dealerships in the state sold. Of the 382 transactions, 34 were in Texas and involved the sale of 63 dealerships. Read More FROM WARDS AUTO: Successful Dealers Mix In-Person,…
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FROM CNBC: Used-Car Prices Are Down From Record Highs, Easing the Impact of Inflation The worst of sky-high prices may be behind us – with wholesale prices showing signs of decline for three consecutive months after a long stretch of record elevation last year. Read More FROM WARDS AUTO: Tougher Emissions, Fuel-Economy Rules Challenge Automakers…
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