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, 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:…
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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…
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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…
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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…
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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…
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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…
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