Remove 2025 Remove Automotive Marketing Remove Electric Vehicles
article thumbnail

Navigating the shift: Key insights from the Lotlinx Q3 2024 Automotive Market Report

Auto Remarketing

As we look back on Q3, the automotive market has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10% sales increase for new vehicles despite challenges like the CDK Global cyber incident. For more information, visit www.lotlinx.com.

article thumbnail

COMMENTARY: 2025 auto retail outlook, as machine learning meets inventory intelligence

Auto Remarketing

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. Perhaps one of the most exciting applications of AI in 2025 will be in vehicle pricing and markdown strategies.

Retail 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2025 Auto Retail Outlook: Machine Learning Meets Inventory Intelligence

AutoSuccess

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. Perhaps one of the most exciting applications of AI in 2025 will be in vehicle pricing and markdown strategies.

Retail 52
article thumbnail

Brookdale Community College Receives Grant to Launch EV Program

AutoSuccess

Brookdale Community College has secured a grant totaling $561,318 from the National Science Foundation to pioneer the Electric Vehicle Education for New Jersey (EVE-NJ) project. As the automotive industry rapidly transitions towards electric vehicles, this grant represents a pivotal investment in preparing the workforce for the future.

article thumbnail

Benefits of Dealerships Attending NADA and Leveraging It for Product Discovery

AutoSuccess

The National Automobile Dealers Association (NADA) Show, which will be held in New Orleans in January 2025, is one of the most impactful events in the automotive retail sector. Networking Opportunities The event attracts professionals from across the automotive industry, including manufacturers, vendors and other dealerships.

IT 52