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LotLinx Weekly News Vol. 138: Add AI to Your Shopping Cart?

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FROM CAR AND DRIVER: November New-Vehicle Sales Dip Amid Fewer Selling Days, but Recovery Goes On

Analysts predict new vehicle sales have dipped around 14.6%. This number is closer to 3.5% when November’s three-fewer selling days are taken into account.

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FROM THE WALL STREET JOURNAL: Cars Are Going Digital, but Detroit Has a Long Road Ahead

Investing in proprietary, in-car technology is just another way for OEMs to build products that are relevant to consumers and profitable in the long run.

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FROM WARDSAUTO: Average Transaction Prices Seen Rising 4.7% in November

While sales have dipped, transaction prices have jumped nearly $2,000 as consumers continue to pay more for the trucks and SUVs of their choice.

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FROM KERRIGAN ADVISORS: Dealers Signal Optimism for Future Franchise Values and Buy/Sell Activity

This year may have impacted the standard dealership model, but 80% of recently surveyed dealers don’t expect to see a dip in their store’s valuation.

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