LotLinx Weekly News Vol. 118: AI Speaks Louder Than Words

This week’s automotive advancements have a lot to say! Read why OEMs are amping up their EV output, and how the industry can create space for more minority dealers. Plus, could U.S. factories face further shutdowns?


FROM THE NEW YORK TIMES: Automakers Are Making Cars, but Virus Surge Puts That at Risk

While factories have returned to standard output levels, virus cases continue to spike in many U.S. states. OEMs are convinced their safety precautions are sufficient, but local governments might feel differently in the weeks to come.

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FROM AUTOMOTIVE NEWS: Hyundai, Kia Target EV Sales of 1 Million in 2025

The six-year goal to ramp up production of EVs and hydrogen cars is in an effort to bolster the economy and create new jobs post-pandemic, as well as combat climate change concerns.

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FROM CBT NEWS: How the Auto Retail Industry Can Attract More Minority Dealers

With black and minority dealers making up a small percentage of the industry, education and communication are the building blocks to confronting bias within dealership walls.

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FROM WARDSAUTO: Online Car Dealership Trade-Ins Catch On

The continued need for social distancing has pushed dealers to expand their digital offerings. Transparent trade-in evaluation tools give interested shoppers more control over the process and more confidence in the dealership.

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