Webinar recording from April 16, 2025. In the evolving automotive retail industry, artificial intelligence and machine learning are not just technological advancements—they are a strategic imperative for dealerships seeking to transform their operations. Lotlinx GM of Product and Technology Lance Schafer will deliver a comprehensive exploration of how AI and ML are fundamentally reshaping the…
Read more
🗞️ 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…
Read more
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…
Read more
🗞️ 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…
Read more
FROM AUTOMOTIVE NEWS: Toyota, Hyundai, Kia, Mazda Post Double-Digit Gains as Stockpiles Keep Falling U.S. auto sales rose 5% in the month of July, while the SAAR dipped to 14.8 million units. Reporting OEMs saw a wide spectrum of gains and losses, with the average yearly change up 7.7%. Read More FROM REUTERS:…
Read more
FROM AUTOMOTIVE NEWS: With Few Cars to Sell, Where Do Ad Dollars Go? Whether dealers are cutting budget or doubling down, the average marketing spend per dealership is up 13% from 2020, and the average marketing cost per sold vehicle still exceeds $500. Read More FROM WARDSAUTO: Retailer Lithia Motors Sees New-Vehicle Shortage…
Read more
FROM AUTOMOTIVE NEWS: 25-Day Supply Of Inventory a Record Low Dealers started the month with an unprecedented 25-day supply, just 1.3 million units on hand. This represents a significant 10-day dip in available inventory from the month prior. Read More FROM THE WALL STREET JOURNAL: Selling Your Used Car? You Could Turn a…
Read more
FROM BUSINESS INSIDER: Used-Car Prices Are Finally Starting to Fall From Their Pandemic Peaks, but Deals Are Still Far Away Wholesale prices saw a 1.3% dip in the month of June, and retail values are expected to follow suit in the weeks to come. However, it could be at least a year before dealers start…
Read more
FROM BLOOMBERG: Carmakers Learn to Live With Chip Shortage: Auto Sales Update Nearly 4.4 million new cars were sold in the U.S. last quarter, a 51% increase from Q2 2020. Most major automakers echo this increase with year over year jumps ranging from 30% to over 70%. Read More FROM WARDSAUTO: Car Buying Frenzy…
Read more
FROM REUTERS: Supply Constraints to Slow U.S. Auto Sales Growth in June June retail sales are expected to reach 1.1 million units, a 12.4% increase from 2020 but a smaller jump than previously forecast. Read More FROM BLOOMBERG: Used-Car Prices Are Poised to Peak in U.S. After Pandemic Surge Wholesale vehicle price increases are…
Read more
It’s your dealership. Control it with Lotlinx.
Subscribe to our newsletter
Join the thousands of subscribers who receive guides and tips on improving dealership profitability
Copyright © Lotlinx Inc.
