🗞️ 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 is wide open for auto advancements! OEMs are prepping to reopen factories and putting in their sales predictions for the fiscal year. Meanwhile, cars are seeing a spike in popularity as commuters continue social distancing. FROM REUTERS: U.S. Auto Industry Workers Return to Jobs Amid Concerns of Second Virus Wave With the…
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Automotive advancements are in bloom. Discounts, pickup sales, and a big return to auction have dealers excited for the weeks to come. FROM WALL STREET JOURNAL: U.S. Auto Sales Plunged in April, but Signs of Hope Are Seen Even with April sales declines at 40-50%, the industry feels positive about the pace last month…
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Everyone’s talking about May! This week’s automotive advancements are gearing up for next month’s plant reopenings, the gradual upswing of new and used sales, and day-to-day business restructures. FROM AUTOMOTIVE NEWS: Auto Sales Show Signs of Recovery, J.D. Power Says According to new data, the coronavirus’ impact on retail sales has already started to…
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This week’s industry advancements are in full bloom. Read how factory closures are impacting global output, and why UAW health concerns could delay U.S. reopenings. Plus, a big win for auto sales operations. FROM BLOOMBERG: Auto Sales Are Added to U.S. Guidelines on Essential Workers Thanks to lobbying efforts from dealer associations and major…
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This week’s automotive advancements aren’t playing games. Check out which OEMs are taking one for the team, and how dealers are reevaluating their strategies. Plus, how Chinese dealerships are starting to bounce back post-COVID-19. FROM REUTERS: Volkswagen Offers Cars for Relief Efforts in U.S. Virus-Hit Regions The manufacturer is offering its U.S. loaner fleet…
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Crack open this week’s automotive advancements for the latest updates on March sales and COVID-19 factory closures. Plus, how one clinic is seeing the sunny side of autonomous vehicles. FROM REUTERS: BMW Sees Demand Falling Further After First Quarter Sales Plunge Due to Coronavirus Many OEMs are reporting double digit Q1 sales decreases due…
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