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…
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🗞️ 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…
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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…
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🗞️ 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…
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FROM THE WALL STREET JOURNAL: Americans Are Keeping Their Cars Longer, as Vehicle Age Hits 12 Years The average life cycle of a used vehicle is lasting longer than ever before, especially now that dealers have a new focus on retailing high mileage, pre-owned inventory. Read More FROM BUSINESS INSIDER: Some Second-Hand…
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FROM AUTOMOTIVE NEWS: Inventories at Lowest Point Since October ’09 The latest update on inventory levels has dealer lots sitting 43% leaner than this time last year, with an average 35-day supply. Pickup, SUV, and crossover segments continue to take the largest stocking hits. Read More FROM AUTO REMARKETING: Consumers Hit the Road…
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The automotive technology company releases informative white paper on how dealerships can maximize Used Car inventory profits during times of inflated prices LotLinx the automotive industry’s leading inventory marketing technology company, releases its latest white paper to help dealerships nationwide navigate the industry’s recent stocking and pricing fluctuations. The company’s proprietary data network has been…
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Since March 2020, the automotive marketplace has been highly volatile. The COVID-19 pandemic forced manufacturers to pause production lines, greatly reducing dealerships’ inventory to a level that was unable to meet surprising consumer demand. As the gap between supply and demand widened, dealers turned toward used inventory to maintain volumes and profitability. The increased demand…
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FROM CAR AND DRIVER: This Ford Dealer Normally Stocks 1500 Cars; Now They Have 30 Hundreds of freshly-produced vehicles sit across the country awaiting microchip installation while dealers struggle to scrape together inventory and consumers wait patiently for their preferred model. Read More FROM AUTOMOTIVE NEWS: Despite Inventory Woes, Automakers Post Records as May…
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FROM AUTOMOTIVE NEWS: Hyundai, Kia Set Monthly Records on Strong Retail Volume May sales results are still trickling in, but the predicted 16.2 million SAAR is a notable dip from April. New vehicle supplies were down to 1.95 million units for the month, causing average transaction prices to rise 3.1%. Read More FROM…
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