Remove 2021 Remove Automotive Marketing Remove Electric Vehicles
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Cox study shows dealership service lanes losing market share, consumer trust

Auto Remarketing

Cox’s new study, “Under the Hood: Opportunities and Challenges in the Service Industry,” found that while franchised dealerships are still vehicle owners’ top choice among service providers, their lead over service chains such as quick lube locations and service centers is shrinking. in 2021 but down from 2.8 times with 2.8

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ASA Fights for a Fair EV Transition

AutoInc.

On top of enacting a major regulation that will dramatically upend the automotive industry, the federal government allocated $7.5 billion towards expanding the country’s electric vehicle (EV) charging infrastructure through the Infrastructure Investment and Jobs Act (IIJA) passed in 2021. It has also spent $78.4

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ASA Adopts Position Statement on Vehicle Consumer Choice

AutoInc.

On top of enacting a major regulation that will dramatically upend the automotive industry, the federal government allocated $7.5 billion towards expanding the country’s electric vehicle (EV) charging infrastructure through the Infrastructure Investment and Jobs Act (IIJA) passed in 2021. It has also spent $78.4

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Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market

AutoSuccess

Running throughout the five themes is a welcome return to normalcy after four years of everything but normal, with nothing in the data suggesting surges in any direction, as the industry witnessed in 2021 and 2022. Furthermore, leasing of electric vehicles is expected to increase from approximately 20% to 25%.

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Cox survey finds dealer sentiment stable – at a pessimistic level

Auto Remarketing

In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said.

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Tesla Model Y Named World’s Best-Selling Car In 2023

Tomorrow's Technician

In fact, Europe was the fastest-growing market in 2023 as a result of booming demand in Turkey, the region’s fourth-largest market, ahead of Spain. In addition to this, the strong push from the local authorities to incentivize demand for electric vehicles (EVs) also contributed to accelerated sales, JATO data found.

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CarGurus’ latest consumer analysis shows continued push toward online buying & selling

Auto Remarketing

The automotive market has seen incredible change within the last few years, with pricing and inventory levels in flux, EVs becoming more mainstream, and more paths to purchase — especially online — available for shoppers,” CarGurus director of product marketing Alison Ciummei said in a news release.

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