Remove 2024 Remove Automotive Marketing Remove Electric Vehicles
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Navigating the shift: Key insights from the Lotlinx Q3 2024 Automotive Market Report

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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.

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Brookdale Community College Receives Grant to Launch EV Program

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

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auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. Powered by the best data and keenest insights, Cox Automotive developed five themes that offer a collective vision and valuable perspective on the road ahead for the U.S. For the U.S.

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

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Not surprisingly given the recent price drops among electric vehicles, the Tesla Model Y was at the top of the list of popular models with falling trade values, losing $7,771 — 21.8% In a news release, Lindland said that’s indicative of increased stability in both the used- and new-car markets for much of 2024.

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Cox survey finds dealer sentiment stable – at a pessimistic level

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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. The survey was conducted from April 23 to May 7, 2024.