🗞️ 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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Early Adopters See Significant Gains, but Industry-Wide Implementation Still Has Room for Growth DETROIT, March 26, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today results of its latest industry survey, highlighting the increasing adoption and significant benefits of machine-driven technologies among auto retailers. The online survey,…
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This week’s automotive advancements have a lot to say! Read why OEMs are amping up their EV output, and how the industry can create space for more minority dealers. Plus, could U.S. factories face further shutdowns? FROM THE NEW YORK TIMES: Automakers Are Making Cars, but Virus Surge Puts That at Risk While factories…
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You’ll want in on this week’s automotive advancements. Used car sales are on the rise, and dealers share their opinions on the summer market. Plus, all you need to know about the CBT News MarketCenter powered by LotLinx. FROM THE WALL STREET JOURNAL: During COVID-19 Pandemic, the Used-Car Lot Is Hot The rebound of…
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The CBT News MarketCenter powered by LotLinx arms dealers and automotive partners with the necessary global, local, and brand-specific data to make the smartest decisions for their business LotLinx, the auto industry’s leading VIN Demand Platform™, announced today its collaboration with CBT News to offer dealers access to its proprietary, real-time buyer activity and sales…
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On April 16th, 2020, the product team at LotLinx began noticing an uptick in traffic coming from Little Rock, AR in our clients’ Google Analytics accounts. Our company uses our own proprietary click tracking system that allows us to troubleshoot issues like these for our clients. We went through our click tracking log files and…
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First things first, June sales numbers are on the rebound. Read more to learn how OEMs are maintaining new car incentives, and why CPO might be the right option for hesitant buyers. FROM WARDSAUTO: June Auto Sales Improve, but Just a Bit Month over month sales are on the rise despite June inventory levels…
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Kick your feet up and read this week’s automotive advancements. Major manufacturers are starting to operate at 90%, and in-person auctions have reopened their doors. Plus, read why auto leases can’t quite make a comeback. FROM REUTERS: Toyota Sees July Vehicle Output Down 10% on Initial Plan The Japanese automaker expects to globally output…
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