🗞️ 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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Eric Brown, LotLinx president, was recognized at the 2018 DrivingSales Presidents Club as a Most Valuable Insight finalist. “I think what’s fascinating is to watch the AI actually learn when we engage a new dealer or OEM. We can see literally a hockey stick as the machines starts to learn where are the best shoppers… and…
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Jason Knight, LotLinx Co-Founder and Vice Chairman, met with CBT News to discuss how /AI/ identifies the optimal time to convert shoppers from a competitive vehicle to what an OEM is trying to move. To learn more about how you can put the industry’s #1 Automotive /AI/ to work at your dealership, schedule a FREE…
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Len Short, LotLinx Chairman and CEO, meets with Jim Fitzpatrick of CBT News at the 2018 NADA Show to discuss how /AI/ is disrupting the digital marketing world for dealers. To learn more about how you can put the industry’s #1 Automotive /AI/ to work at your dealership, schedule a FREE demo today by filling…
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