Remove 2023 Remove Automotive Marketing Remove Electric Vehicles
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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.

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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. for the average gas vehicle. times with 2.8

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Cars Commerce’s new look at used-car market tells an old story

Auto Remarketing

As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. over August 2023, with the vast majority of that increase coming from vehicles more than 7 years old. That trend has also driven down retail prices, which have dropped 4.9%

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

AutoSuccess

With higher supply and lower prices, new-vehicle sales in 2024 are expected to gain over 2023, but market growth will be constrained, with an increase of less than 2% expected and the market new-vehicle market reaching sales of 15.6 In 2024, the used-vehicle market is expected to grow by less than 1%.

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

Tomorrow's Technician

Despite facing many challenges, the global automotive industry performed well in 2023, according to JATO Dynamics. JATO data and estimations showed that for 151 markets across the world, a total of 78.32 million new cars were sold in the emerging economies in 2023. million new passenger cars were sold last year.

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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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