https://www.youtube.com/watch?v=FAk3RDWUv3c The hard truth about inventory management is that vehicles sit longer than they should, eating away at profit. And we know you work hard to move your inventory — from price adjustments to paid promotion. But that doesn’t always solve the problem. In this session, Kerri Wise and Gio Scognamiglio share how dealers can…
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You work hard to move your inventory. But the hard truth is that many cars still sit too long, eating away profit. In talking to dealers across the country, most aren’t even aware that they have inventory risk until it’s too late. Then they resort to markdowns and large investments in advertising, which doesn’t always…
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Podcast recording from July 2, 2025. As featured on Daily Dealer Live, Len Short breaks down how technology is changing the game for car dealers. Check out Len Short share how AI and VIN-specific marketing are reshaping dealership strategy—using real-time data and machine learning to optimize pricing, move inventory faster, and protect dealer profits. About…
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Digital modernization and proactive inventory management remain key as aged inventory and rising prices challenge profitability, with Lotlinx customers outperforming market benchmarks DETROIT, July 22, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s first and only VIN Performance platform built to help dealers maximize profitability, announced today its Q2 2025 Quarterly Vincensus Report, the most comprehensive quarterly inventory…
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78% of Dealerships Unsure How to Leverage Predictive Data; Only 5% Utilize AI for Key Operations DETROIT, Jan. 8, 2025 /PRNewswire/ — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today results of its latest industry survey, revealing substantial challenges faced by auto retailers in adopting artificial intelligence (AI) and predictive data technologies. The…
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Lotlinx revolutionizes the automotive industry, empowering dealers with cutting-edge data and technology necessary to thrive in a dynamic industry where every move counts.
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Time is ticking on 2024, with less than five weeks to go. With customer confidence growing, high inventory, the best OEM programs, and the lowest pre-owned prices, this December is arguably the most critical month of 2024. But it’s up to you, the salesperson or dealership owner, to increase car sales. With these quick tips…
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🗞️ Industry roundup: FROM REUTERS: U.S. retail sales showcase economy’s enduring strength Retail sales across the nation grew 0.7% month-over-month in November, exceeding forecasts by 0.2% and showing strength in the consumer market. This growth was bolstered by a 2.6% increase in auto dealership sales and a 1.8% increase in online retail sales ahead of…
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New inventory grew by 9% causing day supply to increase by 3 days to 79 days as supply constraints were alleviated for some brands. Sales growth slowed slightly, increasing by just 1% MoM as prices continue to rise heading into the end of the year. However, hybrids saw list price fall by 5% YoY, contributing…
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The used car market has been a rollercoaster ride in recent years, influenced by factors like the pandemic, supply chain disruptions, and rising interest rates. As we look into 2025, learn the potential used car inventory trends that could shape the sector. January 2025 Used Car Market Forecast Inventory Used car inventory remains tight While…
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