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LotLinx Weekly News Vol. 63: AI’s Out for Summer

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Summertime and the automotive advancements are easy! Read about the new season of online car shopping and the hot trend of dashboard service providers. Plus, an industry recap of the highs and lows from the last six months.

 

FROM CBT NEWS: Auto Retail’s Big Trends and Takeaways from the First Half of 2019

An unpredictable six months full of international policy changes, industry-shaking mergers, and inventory shifts from new to used has left the auto market ready for the sunny days to come.

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FROM DEALERSHIP NEWS: Personalize Their Online Vehicle Shopping Experience for a Winning Opportunity

The newest season of online shopping is proving to be mutually beneficial. Consumers can access transparent information regarding their purchase options, while dealers are equipped with consumer data that can drive a successful sale.

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FROM AUTO REMARKETING: Used-Vehicle Volumes: Younger and with More SUVs & Tech Perks

Here comes the sales: high-tech, off-lease vehicles are heating up the preowned marketplace, with the average age of a vehicle down to 4.3 years and the average selling price up to $20K.

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FROM AUTOMOTIVE NEWS: FCA Screens to Offer Pizza, Gas Payments

The OEM is the latest to dive into a system allowing drivers to access service providers via their dashboard monitors. The feature is another step toward increasing the in-car value for future consumers.

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