In a recent episode of Dealer Talk with Jen Suzuki, LotLinx’s Randy Kobat joined the show to unpack one of the most important shifts happening in dealership technology today.
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New Vehicle Prices Hit $45,926 as Used Vehicles Surge 8%; EV Inventory Swells to 100-Day Supply While Hybrid Sales Capture a Quarter of the Market DETROIT (April 23, 2026) — Lotlinx, the auto industry’s first and only VIN Performance platform built to help dealers maximize profitability, today released its Q1 2026 Vincensus Report, the most…
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New Lotlinx Survey Reveals the “AI Gap” in Automotive Retail and Why Dealers Are Demanding Inventory-Intelligent Solutions DETROIT, April 07, 2026 — The era of one-size-fits-all artificial intelligence is over for auto dealers, at least for the ones paying attention. A new industry survey in March of roughly 215 executives from franchise and independent dealerships…
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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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Today’s car buyers expect a personalized experience, just like they get from companies like Amazon and Netflix. To keep up, dealerships need to harness the power of data and AI, and luckily, these tools are now within reach. Traditional dealership customer journey mapping was helpful, but it only showed you the past. Now, with AI…
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Profit margins are tighter than ever in today’s car market. The days of easy $3,000+ profits on every used car are mostly gone. But the core principles of “buy low, sell high, and turn fast” are still key. To succeed, you need smart merchandising. What is Vehicle Merchandising? “Vehicle merchandising”—we hear it all the time,…
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🗞️ Industry roundup: FROM KELLEY BLUE BOOK: When will new car prices drop? New car prices remain significantly higher than pre-pandemic levels, with the average transaction price still nearly $11,000 above January 2020 levels, despite a recent dip. Inventory levels increased to a 96-day supply, creating more buying opportunities, especially for overstocked brands like Jaguar,…
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Data shows inventory management challenges persist as Lotlinx customers continue to outperform market averages DETROIT, Feb. 19, 2025 /PRNewswire/ — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q4 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. The report offers accurate, unparalleled insights into the current state of the…
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In January, the used car market demonstrated resilience, characterized by stable sales, steady pricing, and efficient inventory turnover. Demand for pre-owned vehicles remained strong, as inventory continued to move without requiring significant additional price reductions. This stability suggests that consumers continue to find value in used vehicles, possibly due to affordability concerns or shifting financial…
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As we move into 2025, AI and machine learning (ML) are set to transform automotive retail. Beyond customer interactions, these technologies are reshaping dealership inventory management, pricing, and operations. In 2024, AI expanded into back-office functions like credit processing and identity verification. This year, it will be deeply integrated into inventory management and operations. Click…
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