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Vehicle inventory swings back, maybe too far

Auto Service World

After years of shortages, dealership lots are now overflowing with vehicles, marking a significant shift in the automotive market as supply catches up with demand. Actually, in a lot of cases, inventory is higher than the dealerships would like, Campau observed of the current automotive inventory landscape.

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Live Chat Revs Up Automotive Marketing in 2024

AutoSuccess

For many auto dealers, 2024 is shaping up to be a challenging year. According to Cox Automotive, the new vehicle inventory supply is near its highest point since June 2020. Although the 2024 market outlook remains positive with an estimated 15.4

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Creating Predictable Profit in a Volatile Automotive Market

AutoSuccess

In 2024, dealerships face a challenging landscape, with revenue and new car sales on the decline. While the broader market may struggle, used car sales have remained steady, providing a significant opportunity for dealerships to focus on areas within their control to drive more predictable profit.

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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. Electric and hybrid vehicles gain momentum In Q3 2024, the momentum for electric vehicles (EVs) continued to build, although the growth trajectory showed some shifts compared to Q2.

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Used- and new-car patterns likely getting back to ‘normal’ in 2024

Auto Remarketing

“Normal” hasn’t often been a word to describe the auto industry in the last four years, but 2024 could be the return of stability and typical market patterns. The data suggests a promising bounce back for the automotive market in 2024,” Black Book chief data officer Alex Yurchenko said in a news release accompanying the report. “The

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2025 Toyota Land Cruiser 'Black Edition' Comes Stylish to Virtually Replace the Top Grade

autoevolution

Returning after a short hiatus to the US automotive market, the 2024 Toyota Land Cruiser is neatly tucked between the old-school 4Runner and the TNGA-F-based Sequoia full-size off-road family SUV. continue reading. )

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Virtual 2025 Honda CR-V Type R Seeks to Become the Most Powerful and Fastest Compact CUV

autoevolution

Coming from a great sales year across the US automotive market, Honda clearly outlined a deft strategy for conquering even more market share in 2024. After a strong 2023 in terms of deliveries, American Honda wants to bring a quartet of sustainable choices to the US market.