The bases are loaded with auto advancements! Read how inventory levels are finally reaching a fever pitch and why analysts are focusing on high transaction prices to avoid a sales strike out. Plus, celebrate last year’s MVPs of independent used retail.
FROM AUTOMOTIVE NEWS: Inventory Levels Dip to Lowest Since Jan.
For the first time this year, dealers and automakers started the month with less than 4 million vehicles on hand. The 65-day supply is flat YOY, but a home run compared May’s 78 days.
FROM AUTO REMARKETING: Top 100 Used Car Dealers: Independent Edition
Three cheers for the top independent dealers across the nation for knocking their used retail sales out of the park. And, congratulations to all of our LotLinx dealerships on the list, including our longtime friends at Florida Fine Cars.
FROM BUSINESS INSIDER: The Automotive Industry Has Not Reached ‘Peak Car’ as Some Wall Street Analysts Suggest
Some analysts are prioritizing quality of profits over quantity of sales – predicting returns from historically high transaction prices (around $35,000 per unit) can help dealers rally against lower sales numbers.
FROM ENGADGET: MIT Algorithm Helps Robots Guess Where Humans Are Going Next
Developers are rounding the bases toward more seamless interactions between machines and their operators by strategizing algorithms to improve efficiency and prevent robot collisions on the factory floor.
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