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LotLinx Weekly News Vol. 73: Summer Days Drifting AI-way

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  • LotLinx Weekly News Vol. 73: Summer...

LotLinx Weekly News Vol. 73: Summer Days Drifting AI-way

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The sun is setting on another summer of automotive advancements. This week, read which young professionals are making the biggest impact on the industry, and how a late Labor Day has impacted August sales numbers. Plus, how coastal dealers are staying prepared for Hurricane Dorian.

FROM FORBES: The August Auto Sales September Swing

Analysts have predicted a record-breaking 4% YOY increase in transaction prices this August. This trend has been supported by manufacturer incentive offerings reaching nearly 10.5% of listing prices.

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FROM WIRED: Elon Musk: Humanity Is a Kind of ‘Biological Boot Loader’ for AI

The 2019 World AI Conference brought together minds like Elon Musk and Jack Ma to discuss humanity’s role in the past, present, and future of artificial intelligence.

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FROM AUTO REMARKETING: Remarketing & Used-Car Industry’s 40 Under 40 Honorees for 2019

The publication has ranked this year most accomplished and promising young automotive professionals currently making waves throughout the industry, including our own Eric Turner.

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FROM AUTOMOTIVE NEWS: Hurricane Dorian Prompts Storm Prep Along Atlantic Coast

With Florida representing 7% of the country’s new vehicle sales, coastal dealers know how to weather a storm. This week has many adjusting sales strategies to prioritize their teams and preserve inventory.     

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