🗞️ 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
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,…
Read more
Don’t be afraid to dive right into these automotive advancements. Shoppers are headed back to dealerships and manufacturers are getting back to pre-COVID levels. Plus, read about the highs and lows dealers are facing at auction. FROM BLOOMBERG: Americans Return to Car Dealers, Thwarting Expected Shift Online At the end of May, 81% of…
Read more
Sunny skies ahead for CPO sales, U.S. consumer spending, and used-car prices! Plus, read how automakers are working to avoid another production storm cloud. FROM AUTO REMARKETING: CPO Vehicle Sales Show Dramatic Gain From April 2020 started off as another record year for CPO sales. Now, thanks to an 87% month over month rise…
Read more
This week we’re proud of May sales progress, factories powering through summer shutdowns, a new age of virtual selling, and the rising stars shaping the industry. FROM CAR AND DRIVER: Auto Sales in May Show Slow Recovery as States Reopen Analysts predict May saw a 32.5% industry-wide sales decrease, with all reporting brands continuing…
Read more
NO BETTER TIME FOR CHANGE I started writing this before the whole COVID-19 thing started, which meant that I was going to start with something like, “Can you remember how you measured success before the onslaught of data and the dominance of third party online advertising?” But, honestly right now I’m having a hard time…
Read more
This week’s super advancements include used car sales predictions, OEM factory updates, and the outbreak’s impact on EVs. Plus, the trailing effects of the struggling rental industry. FROM AUTO REMARKETING: Tailwinds Abound, Used-Car Sales Likely to Double April Figures With some major markets still slow to recover, used vehicle sales are predicted to double…
Read more
Back to work, back to sales, back to automotive advancements! Read about factory reopenings and how midsize pickups shot to the number one sales spot. Plus, Memorial Day predictions. FROM WARDSAUTO: Midsize Pickups Auto Industry’s New MVPs Retail sales have improved for six consecutive weeks with midsize pickups leading the recovering vehicle segments. Monthly…
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.
