autoevolution

JANUARY 16, 2024

At the end of 2023, American Honda reported sales of more than 1.3 The namesake Honda brand led the assault on the US automotive market with deliveries of 1,162,531 vehicles, soaring no less than 32% on the back of continu. million units, jumping no less than 33% compared to the same period of 2022. continue reading. )

Automotive Marketing 98

Automotive Marketing Automotive Vehicle 98

Auto Remarketing

SEPTEMBER 20, 2024

Cars Commerce’s latest look at the used-vehicle market is an old story. 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.

Used Cars 97

Used Cars Car Vehicle Automotive Marketing 97

Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. from January 2023, but jumped 13.7% Meanwhile, the used EV market should an altogether different trendline. from January 2023 and beat December levels by 9.2%.

Used Cars 105

Used Cars Retail Car Vehicle 105

autoevolution

JANUARY 24, 2024

General Motors wrapped 2023 with full leadership of the US automotive market – it sold nearly 2.6 million vehicles compared to Japanese automaker Toyota's over 2.24 million and Blue Oval's performance of almost 2 million units. Of course, to make sure they wi. continue reading. )

Automotive Marketing 52

Automotive Marketing Automotive Vehicle IT 52

Auto Remarketing

DECEMBER 12, 2023

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. times a year, up from 2.3 in 2021 but down from 2.8

General Repair 98

General Repair Electric Vehicles Vehicle Tire Rotations 98

autoevolution

JANUARY 26, 2024

Hyundai is doing great across the US automotive market – last year, its subsidiary Hyundai Motor America had record-breaking fourth-quarter, December, and 2023 sales.

Automotive Marketing 52

Automotive Marketing Automotive Vehicle IT 52

AutoSuccess

AUGUST 15, 2024

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.

Electric Vehicles 64

Electric Vehicles Education Automotive Technician Electricity 64

Auto Remarketing

DECEMBER 8, 2023

The Cox Automotive Dealer Sentiment Index for the fourth quarter of 2023 showed a sharp drop from Q3, which Cox analysts attributed to the ongoing adverse effects of high interest rates and a weakening economy on the automotive market, the two factors cited most by dealers as holding back their business. 24 to Nov.

Automotive 59

Automotive Automobile Automotive Marketing Vehicle 59

AutoSuccess

AUGUST 13, 2024

Pinnacle Mergers & Acquisitions , a nationwide auto dealership brokerage firm, has recently completed three successful transactions in the Texas automotive market: South Austin Nissan and Baytown Nissan, both owned by Central Automotive Group and Hyundai of Silsbee owned by Dale Early. ranking No.

Automotive 40

Automotive Automotive Marketing Vehicle 40

AutoSuccess

JANUARY 29, 2024

. “A decade from now, when we look back at the years immediately following the global pandemic of 2020, we’ll be awed by the dramatic swings and unprecedented circumstances the economy and auto market endured,” said Cox Automotive Chief Economist Jonathan Smoke. auto market being steered by five key themes.

Auto Market 40

Auto Market Electric Vehicles Automotive Electricity 40

AutoSuccess

OCTOBER 30, 2024

In today’s automotive market, consumers are facing severe affordability challenges when it comes to purchasing and maintaining vehicles. The Current State of Vehicle Affordability The automotive industry has experienced significant shifts in recent years, with vehicle prices reaching all-time highs.

Vehicle 40

Vehicle Insurance Automotive Automotive Marketing 40

Auto Remarketing

MARCH 28, 2024

Courtesy of the internet, smartphones and other technologies, consumers know more about vehicles and how to acquire them than ever. Consumer Insights Report from CarGurus reinforced this market condition. Six primary findings from the sixth annual U.S. Here are the six survey findings that prompted CarGurus to make those assertions.

Finance 52

Finance Vehicle Automotive Marketing Retail 52