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LotLinx Weekly News Vol. 78: Now Serving Pumpkin Spice AI

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  • LotLinx Weekly News Vol. 78: Now...

LotLinx Weekly News Vol. 78: Now Serving Pumpkin Spice AI

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This week’s automotive advancements are spicing up the industry. Read how fleet deliveries rounded out last quarter’s sales numbers, and why a shortened September squashed Subaru’s long running streak.

 

FROM AUTOMOTIVE NEWS: Fleet Gains Keep Sales Pace Above 17 Million

A 4% increase in fleet deliveries has lifted the industry’s otherwise flat quarterly numbers, with fleets making up 19% of the month’s total light-vehicle sales. These high volumes have analysts predicting a strong SAAR of 17.16 million units.

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FROM AUTO REMARKETING: CPO Car Sales Appear Set for New All-Time Record

The predicted 1.9% increase in yearly CPO sales is due in large to an influx of newly off-lease, technologically-equipped SUV and crossover units. Updated program perks and re-designed warranties are also appealing to cost-effective consumers like never before. 

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FROM CBT News: Suprise Numbers from Subaru, and Better Than Expected Sales Results for Q3

September’s lack of selling days and continued decrease in passenger vehicle sales cooled many OEMs’ quarterly numbers. Even Subaru, looking at a 4.4% YTD increase, took a hit to its 93-month streak of year-over-year gains.

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FROM WARDSAUTO: Tomorrow’s Vehicles May Lose the Buttons and Knobs

A recent survey gives dealers and automakers insight into the advanced interior features consumers will come to expect, with many citing mixed feelings on voice control, an increased interest in comfort and cleanliness, and a desire for more personalized sensory controls. 

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