🗞️ 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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Checkmate! The industry is making moves this week with dealers heading back out to auction and major OEMs committing to EV development. Plus, take a look at the models you should and shouldn’t have on your used car lot. FROM AUTO REMARKETING: Balmy January Creates Early Signs of Spring Market Unpredictable weather across the country…
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This week’s automotive advancements are packing a punch. Read why subscription services might not be the underdog for long and why CPO sales are aiming for a record-breaking decade. Plus, why Tesla continues to hold the heavyweight title in the EV market. FROM AUTOMOTIVE NEWS: 2020 Predictions on Subscription Services, U.S. Sales Analysts expect consumers…
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Automotive advancements are winning the week! Read why SUVs are starting to dominate the EV market and why it might be time for cars to make their comeback. Plus, are millennials the industry’s secret weapon? FROM AUTOMOTIVE NEWS: A Closer Look at 2019 U.S. Auto Sales Get down to the nitty gritty of last year’s numbers…
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GM of Product and Technology shares secrets behind the AI Company’s leading automotive shopper targeting network LotLinx, the auto industry’s leading VIN Demand Platform™, announced today that their automotive shopper targeting technology has reached an all-time high in regards to quality of engagement seen from traffic delivered to the dealer site via their vehicle ads….
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How does /AI/ deliver dealership inventory ads at the exact moment a consumer has honed in on a single VIN? Learn the story of our proprietary Omni-Channel Network from one of the men behind our machine: Lance Schafer, LotLinx GM of Product and Technology. WHAT DOES LOTLINX MEAN BY “OMNI-CHANNEL?” One of the most frequently…
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Automotive advancements are a dish best served cold. This week, take a look at the new and used sales numbers from the end of 2019. Plus, see how incentive spending and new vehicle prices impacted a slow December. FROM BUSINESS INSIDER: New Vehicle Sales in U.S. Fell 1.3% in 2019 but Still Healthy New vehicle…
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