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 AUTOMOTIVE NEWS: Toyota, Ford, Honda, Hyundai, Kia Sales Fall by Double Digits Again as Chip Woes Linger For reporting OEMs, light-vehicle sales dipped a collective 25.9% in April. As predicted, SAAR will sit anywhere between 14.3 and 14.8 million units for the month, not exceeding 15 million since January and last July. Read More…
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FROM REUTERS: U.S. Auto Sales to Fall in April on Tight Inventories, Rising Rates April new vehicle sales could dip over 20% year over year as fewer than 900,000 units currently sit on dealership lots. SAAR is expected to slip to 14.5 million units as the month comes to a close. Read More FROM FORBES:…
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FROM REUTERS: Autos Rebound Fuels U.S. Manufacturing Output Gain in March Automotive parts and vehicle production increased 7.8% in March, the largest industry increase since fall 2021. Healthy automotive output benefits both national manufacturing levels and the economy as a whole. Read More FROM WALL STREET JOURNAL: Car Prices Expected to Remain Elevated in 2022,…
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FROM CAR AND DRIVER: Gas Prices Drop Two Weeks in a Row, and Now E15 Gas Will Be Allowed Over Summer Gas prices have begun a consistent decline from March’s $4.326 per gallon peak. The U.S. government is now releasing oil reserves and allowing previously-regulated ethanol sales to combat fluctuating barrel prices. Read More FROM…
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FROM REUTERS: U.S. Auto Sales Slide in Q1, Toyota Outsells GM National light vehicle sales were down 15.7% quarter over quarter. A handful of brands saw declines over 20%, while brands like Toyota, with a number of electric offerings, saw more favorable results. View sales results from every reporting OEM here. Read More FROM CAR…
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FROM BLOOMBERG: MSRPs Have a Whole New Meaning in Upside-Down U.S. Car Market Manufacturer suggested retail prices are now the starting point for new vehicle transactions, with many dealers tacking on additional fees. In 2012, only 6% of vehicles had MSRPs above $50,000. In the last ten years, that number has risen to over 30%….
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