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LotLinx Weekly News Vol. 70: Catching the AI Bus

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  • LotLinx Weekly News Vol. 70: Catching...

LotLinx Weekly News Vol. 70: Catching the AI Bus

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This week, we’re getting back to automotive advancements! Read why inventory levels are receiving high marks, and how manufacturers are doing their homework to prepare for the next wave of industry trends. Plus, a sneak peak into next month’s AutosBuzz Conference.

 

FROM AIM GROUP: Len Short from LotLinx at AutosBuzz 2019

Dealers are being challenged to rethink their marketing strategy as profit margins get schooled by antiquated markdowns. This session at the 2019 AutosBuzz Conference will address data proving price reductions no longer effectively drive consumer demand.

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FROM AUTOMOTIVE NEWS: Inventory Estimates down but Still High

August gets high marks with the lowest number of unsold vehicles (3,798,400) in 12 months, while the month’s 71 days’ supply is below previous benchmarks for this time of year.

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FROM CRAIN’S DETROIT BUSINESS: Slow Sales, Consolidation Mean Disruption Ahead for Automotive Suppliers

As industry priorities shift, suppliers are doing their homework on growing investment trends and preparing their business strategies to account for possible consolidation.

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FROM TECHCRUNCH: Amazon Scout Autonomous Delivery Robots Begin Deliveries in California

The small deployment is not only meant to test the effectiveness of the delivery system, but to also study how people interact with AI and robotic technology in their day to day lives.

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