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LotLinx Weekly News Vol. 65: Halfway to AI

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  • LotLinx Weekly News Vol. 65: Halfway To...

LotLinx Weekly News Vol. 65: Halfway to AI

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Halfway through the year, and the automotive advancements are on the way! This week, read sales recaps from the last six months, learn how luxury brands are meeting their customers in the middle, and why AI really is man’s better half.

 

FROM AUTOMOTIVE NEWS: 8 First-Half Sales Tales

The last 6 months have been a whirlwind: both pickup sales and overall luxury sales are up 1.5 percent, while minicars and subcompacts are posting positive numbers, and Subaru marks it’s 91st consecutive month of growth.

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FROM WARDS AUTO: Luxury-Brand Car Dealers Best in Internet Effectiveness, Study Says

BMW, Acura, and Mercedes-Benz dealerships ranked highest in fielding online consumer inquiries via email, telephone, and text message – reiterating that customer experience is a vital piece of a dealership’s sales strategy.

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FROM FORBES: Man vs. Machine: The 6 Greatest AI Challenges to Showcase the Power of Artificial Intelligence

AI is man’s better half: The technology has bested its human counterparts in a number of challenges ranging from games of chess and Atari to grasping 3,000 years worth of human knowledge in just 40 days.

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FROM PITTSBURGH POST-GAZETTE: Vehicle Sales Are down for Detroit Three, but Prices Are Rising

Average new vehicle transaction prices have jumped 3.3% year over year, with sales on vehicles priced between $30K-50K up 5% – causing analysts to believe more profitable sales can make up for lower volumes when measuring total revenue.

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