Lotlinx Wins 2024 AutoTech Breakthrough Award for “Best Use of AI in AutoTech”

Innovative AI-driven Solutions And Standout Leadership Propel The Company To The Forefront of Automotive Technology

DETROIT –Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, is proud to announce that it has been named the winner of the 2024 AutoTech Breakthrough Award in the “Best Use of AI in AutoTech” category. This prestigious award recognizes Lotlinx’s innovative use of artificial intelligence (AI) and machine learning to help auto dealers improve inventory risk management and maximize profitability. In addition, Lotlinx’s Vice President of Commercial Operations, Alex Karpyza, has been honored by Auto Remarketing as one of the industry’s top young leaders on their annual 40 Under 40 list

In its fifth year, the AutoTech Breakthrough Awards program has been dedicated to honoring the most innovative and influential companies and solutions within the automotive technology sector. The program highlights the latest advancements in automotive technology and recognizes those who are driving change and innovation, ultimately helping to enhance the overall automotive experience for consumers and dealers alike. 

With only 12.6% of auto retailers leveraging sophisticated AI-driven analytics, Lotlinx is at the forefront of delivering cutting-edge solutions that empower dealers to make data-driven decisions. Its proprietary tools, including dynamic pricing strategies and advanced inventory management technologies, help dealers strike the perfect balance between maintaining optimal stock levels and minimizing carrying costs. 

Lotlinx’s Sentinel platform, which was launched earlier this year, is a testament to the company’s leadership in AI-driven technology. This vehicle risk mitigation tool is designed to forecast risk and implement corrective actions at the VIN level, reducing the time vehicles spend on the lot and increasing profitability for dealers. Sentinel provides dealers with actionable insights that improve vehicle turnover and boost profit potential by monitoring real-time market conditions and automatically adjusting marketing resources. 

Additionally, Lotlinx’s Vincensus Report is now the most comprehensive monthly and quarterly inventory report available in the automotive industry. It offers deep visibility into key trends for both new and used vehicles, including OEM-specific data, pricing, and markdown analysis. This report equips dealers with the real-time information needed to adapt to evolving market dynamics and stay ahead of the competition. 

“We are honored to be recognized with the AutoTech Breakthrough Award,” said Len Short, Executive Chairman of Lotlinx. “Our mission has always been to deliver AI-powered solutions that enable dealers to maximize their inventory’s performance. This award underscores the importance of innovation in our approach, and we remain committed to helping auto retailers thrive in the competitive market.” 

Alex Karpyza, Lotlinx’s Vice President of Commercial Operations, was also recently named to Auto Remarketing’s 40 Under 40 list, recognizing his contributions to both Lotlinx and the automotive industry. Karpyza has been instrumental in driving the company’s growth, overseeing 12+ product launches, including the Sentinel platform and Lotlinx’s expansion from hundreds to thousands of customers. 

Alex Karpyza

Karpyza’s leadership and dedication to mentorship and diversity have been integral to Lotlinx’s success. With over 13 years of experience in product management and operations, he has been a key voice in shaping the company’s vision and helping dealers succeed through AI-powered innovation. His contributions to industry thought leadership, including speaking engagements at the NADA Show, further highlight his impact. 

“It’s an incredible honor to be recognized alongside other rising leaders in the automotive industry,” said Karpyza. “At Lotlinx, we’re always striving to push the envelope on what’s possible with AI, and I’m proud to be part of a team that’s making a real difference for auto retailers.” 

For more information about Lotlinx and its award-winning resources, please visit https://lotlinx.com/.   

About Lotlinx

Founded in 2012 and based out in Peterborough, New Hampshire, Lotlinx is the automotive industry leader in VIN-specific data solutions for inventory management. The Lotlinx platform provides automobile dealers and manufacturers with enhanced operational control over their retail business. Leveraging state-of-the-art real-time data and machine learning technology, Lotlinx provides a precision retailing solution that enables dealers to automatically adapt to market dynamics, mitigating inventory risk through VIN-specific strategies. To learn more about Lotlinx, please visit www.lotlinx.com

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