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 BLOOMBERG: Ford’s October Sales Fall as F-150 Factory Retooling Takes Toll Ford has made a return to monthly sales reporting, posting a 6.1% decline in October. Although the automaker fell victim to underwhelming truck sales, the industry as a whole saw a 1% total sales gain. Read More FROM CNBC: What a…
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FROM AUTO REMARKETING: Used-Car Sales Likely up for 5th Straight Month Although demand is waning, October used-car sales are expected to have increased year-over-year. The 3.3 million sales prediction would be a 4% drop from September but a 1% increase from 2019. Read More FROM WARDSAUTO: Targeted Marketing and Holiday Auto Incentives Forecasters…
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FROM JUST-AUTO: Global Light Vehicle Markets Update Globally, analysts believe September was the strongest sales month of 2020. The world’s largest economies collectively rebounded, yet no individual region posted its highest SAAR of the year. Read More FROM CNBC: The Used Car Boom Is One of the Hottest, and Trickiest, Coronavirus Markets for Consumers The…
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FROM eMARKETER: Digital Ad Spending by Industry 2020 Digital advertising spend in the automotive sector is expected to dip 18.2% this year, recording the greatest decrease in spending outside the travel industry. Other sectors such as retail and consumer goods have managed to increase spending year over year by taking advantage of ecommerce. Read More…
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FROM THE WALL STREET JOURNAL: U.S. Auto Sales Showed Signs of Recovery in Third Quarter Compared to Q2’s major dips, many automakers saw minimal year-to-date declines this quarter. GM and FCA saw drops around 10%, while other reporting OEMs were carried by their September month-over-month gains. Read More FROM CAR AND DRIVER: 25…
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FROM REUTERS: Tight Inventories Set the Stage for U.S. Auto Industry Rebound Dealers should expect to continue running lean lots throughout the end of the year. Although nearly 50% of units turn in less than 20 days, analysts predict national new car inventory levels won’t exceed 3.2 million units in the coming months. Read…
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