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LotLinx Weekly News Vol. 86: Buddy the Elf, what’s your favorite AI?

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  • LotLinx Weekly News Vol. 86: Buddy The...

LotLinx Weekly News Vol. 86: Buddy the Elf, what’s your favorite AI?

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Automotive advancements are spreading like holiday cheer! This week, read about the gifts AI keeps giving manufacturers, and learn why you should stay better connected with your customers year round. Plus, take a look at November sales predictions.

FROM AUTO REMARKETING: Outlook for November Used Sales? Depends on Your Comparison

A flurry of factors contribute to November’s monthly sales analysis. Most notably: the new-vehicle SAAR is predicted to have risen to 16.9 million and used-vehicle sales are expected to have increased 9% YOY.

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FROM AUTOMOTIVE WORLD: Artificial Intelligence Gets to Work in the Automotive Industry

AI is the automotive industry’s gift that keeps on giving. The technology is permeating the manufacturing sector by increasing productivity and addressing logistical challenges, as well as adding a new element of data collection.

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FROM FORBES: In Auto Sales, Black Friday Lasts From Halloween to the New Year

The most wonderful time to spend: December is on track to have the highest monthly sales volume for the fifth year in a row, with the average holiday incentive spending exceeding 11% of MSPR.

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FROM CBT NEWS: Is the Automotive Industry Forgetting How to Connect?

Streamlining the sales process with tech advancements gives dealers the gift to refocus their energy on service. Improving a dealership’s ability to make a human connection can make the difference when converting technology-driven leads.

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