LotLinx Weekly News Vol. 101: Honey, AI’s Home!

You don’t have to be in the office to read the latest automotive advancements. This week, get up to date on safety precautions from both dealerships and global manufacturers. Plus, why some consumers aren’t too keen on shopping from home.


FROM REUTERS: Carmakers Curb European Production as Coronavirus Hits

Major OEMs are taking steps to protect the wellbeing of factory workers across the globe. Analysts suggest this might help to reduce the industry’s inventory bloat as long as consumer demand remains steady.

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FROM AUTOMOTIVE NEWS: Inventory Levels Fall for March

February sales gains have led to decreased inventory levels for nearly every reporting brand. Most continue to teeter around the 60-day mark, with American Honda’s 83 days and Subaru’s 37 days bookending supply levels.

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FROM WARDSAUTO: How Car Dealerships Can Manage Virus Risk and Safety

Communication and cleanliness are at the top of the to-do list when it comes to running a safe dealership in the coming weeks. Experts recommend reaching out to both employees and consumers to determine the appropriate precautions.

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FROM CBT NEWS: Used Car Buyers Still Prefer Buying at Dealership, Not Online

Statistics show an overwhelming number of shoppers still rely on in-person methods for their used vehicle purchases. At this time, online shopping can’t quite beat the personal touch and hands-on experience provided by car dealerships.

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