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LotLinx Weekly News Vol. 98: One Giant Leap for AI

Luckily, this week has an extra day of automotive advancements. Read while brands and models are topping the dependability charts, and why dealers can benefit from stocking new and used inventory. Plus, the growing impact of coronavirus.

 

FROM WARDSAUTO: Car Dealers Who Sell Both New, Used Vehicles Trusted Most

Shoppers depend on dealers to guide them through the buying process, and 53% of surveyed Americans feel more comfortable buying used cars at dealerships where they can compare new, used, and CPO options in one place.

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FROM BLOOMBERG: Fiat Chrysler Flags Coronavirus as New Risk to Global Business

While it’s still early, OEMs are starting to seriously analyze the long term effects the current outbreak is having on global production and fluctuating consumer demand.

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FROM AUTO REMARKETING: These Vehicles Take a Bow in the Area of Dependability

An annual study ranked models and brands by the number of functionality problems each experienced in a year. Genesis, Lexus, and Buick topped the charts in dependability, while car models beat out SUVs, and the in-vehicle technology category improved year-over-year.

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FROM AUTOMOTIVE NEWS: U.S. Traffic Deaths Decline for Second Year in a Row, Safety Group Says

Traffic fatalities dropped 2% in 2019 thanks in part to the growing popularity of advanced in-car assistance technologies, such as auto-braking and adaptive headlights, that can reduce the severity and number of vehicle crashes.

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