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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Kerri Wise sits down with GM of Product and Technology Lance Schafer to discuss the rapidly evolving landscape of Artificial Intelligence, specifically for the automotive industry.
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Kerri Wise and Jen Suzuki dive into the biggest challenges and cutting-edge solutions for the modern automotive BDC and sales floor.
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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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