Sales & Variable OPS
Inventory Trending Up While Sales Slow: Lotlinx Vincensus
Inventory levels continue to be one of the most crucial metrics to monitor following a busy spring and the implementation of import tariffs. In May, sales slowed, but that allowed the number of cars available on dealership lots to improve. New car day supply averaged...
How Advanced TCO Data For EV Transitions Can Grow Local Dealership Business
The automotive dealership model is constantly facing change, especially in the types of vehicles retailers can service. In particular, as the commercial vehicle market shifts toward opportunities for electrification within their vehicle fleets, local dealerships are...
Where Are the Young Car Buyers? The 18-34 Demographic Continues Freefall
The automotive industry is quietly undergoing a generational shift. The number of new vehicle registrations among young buyers aged 18-34 has slowly declined over the past few years. Once a key demographic fueling growth for automakers, younger consumers are now...
The FTC’s Unwavering Gaze: Why Auto Dealers and Lenders Can’t Afford Complacency on Cybersecurity
For years, the automotive industry has navigated a complex landscape of regulations, from sales practices to lending laws. Yet, a new, intensified focus from the Federal Trade Commission (FTC) on data security and safeguards is rapidly emerging as a paramount concern....
New Vehicle Prices Are Holding Steady… For Now
The biggest threat of auto tariffs to consumers continues to be a large increase in car prices, but so far, two months after they were announced, that fear has yet to be fully realized. The average transaction price for new vehicles was $48,799 in May, according to...
Kelley Blue Book and Experian Partner to Enhance Vehicle History Reports
Kelley Blue Book and Autotrader have announced a collaboration with Experian that aims to improve the car buying and selling experiences through enhanced vehicle history reports. The partnership will integrate Experian’s AutoCheck® vehicle history reports into Kelley...
Tariff-Proofing: How Auto Marketers Can Educate and Inform Consumers Amidst Uncertainty
Mark Twain’s adage of “if you don’t like the weather, wait a few minutes” rings true to the current state of tariffs in the automotive industry. On a seemingly daily basis, reports on new tariffs, subsequent pullbacks and the response from auto brands and suppliers is...
Tariffs Are Changing the Way Americans Buy Cars
The tariffs implemented by President Trump have dominated the news cycle for months. Whether it’s the tariffs on auto parts and imported vehicles or the more general reciprocal tariffs the president announced back in April, it’s been hard to avoid the constant stream...
Transforming Car Sales for Dealers: How AI is Making a Difference
As competition intensifies in the automotive industry, the ability to move quickly from lead to sale has become a key differentiator. Today’s car buyers expect fast, seamless online and in-store experiences, and that’s exactly where AI steps in. In this article, we’ll...
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