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How ChatGPT Helps Car Dealerships Make More Sales

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Person holding a phone with ChatGPT open in a dealership showroom, highlighting AI's role in enhancing car sales, customer service, and inventory management.
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The Car Industry’s Biggest Pitfall: Markdowns

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Lotlinx News Vol. 315: Switching gears on EV goals

Lotlinx insights: Your Guide to Summer Sales Proactive inventory management can strengthen summer sales and heat up your dealership’s profitability. Download the Summer Sell Down Guide to learn: Download the free guide now. Industry roundup: FROM BLOOMBERG: GM, Porsche and even Musk agree: we’re going to need more gas While EVs could account for more…

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Lotlinx Q2 Vincensus Report Shows Where Recent Cyber Event Impacted Dealership Inventory Risk Levels Along With Markdown & Pricing Strategies 

Vincensus Offers Real-Time Visibility for OEM-specific and Dealership Inventory, Plus Key Data on Pricing and Markdowns DETROIT (July 23, 2024) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q2 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. The Q2 report offers a glimpse…

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A person working on a laptop in a dealership, tracking KPI metrics to analyze sales growth.
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7 Key KPI Metrics Dealers Must Track for Sales Growth

Car dealers always have something to track — dealership industry turnover, invoicing delays, labor rates; the list goes on. With the car dealership industry generating over $1 trillion in new vehicle sales in 2019 alone, the industry is both vast and challenging. It requires big investments but often operates with tight profit margins. It requires…

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Lotlinx News Vol. 314: Are summer auto sales fizzling out or firing on all cylinders?

Lotlinx insights: Increase Summer Car Sales with Smart Strategies Webinar Summer is a critical time for car dealerships, driven by promotions and new inventory. Join us on July 18th at 1pm EST with Suzanne Reimer, Chief Marketing Officer at Lotlinx, for a webinar tackling this season’s challenges. Discover strategies for handling: Equip yourself with the…

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