Auto Remarketing

DECEMBER 11, 2024

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. Q3 brought a renewed focus on managing inventory.

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AutoSuccess

SEPTEMBER 6, 2024

In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. The Impact of Inflation on Vehicle Ownership Inflation creates significant increases in the cost of vehicle ownership.

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Auto Remarketing

JANUARY 29, 2024

“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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autoevolution

AUGUST 8, 2024

The Japanese automaker Toyota is doing swell in the US automotive market – they're actively chasing down General Motors for the crown and throne in 2024 while also diligently catering to their vast portfolio of models. continue reading. )

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AutoSuccess

JANUARY 29, 2024

The onset of COVID-19 also brought unprecedented changes, especially in managing their used vehicle inventory. This ever-evolving landscape has necessitated not only a keen eye on market trends but also clear and effective communication with clients about these ongoing changes.

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Auto Remarketing

FEBRUARY 26, 2025

As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 Automotive Market Report , the automotive market has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs.

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Tire Review Magazine

DECEMBER 27, 2024

This follows the review of information submitted in response to the advance notice of proposed rulemaking (ANPRM) issued in April 2024. Lead Wheel Weights and Their Usage Manufacturers use lead wheel weights to correct imbalances in motor vehicle wheels. light-duty vehicles, also contributed input. The post U.S.

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AutoSuccess

NOVEMBER 30, 2023

News & World Report recently announced its 2024 Best Vehicle Brand and Best Certified Pre-Owned Program awards. News’ Best Vehicle Brands recognizes industry-wide excellence across four key segments of the automotive market: cars, SUVs, trucks and luxury vehicles. After evaluating 38 brands, U.S.

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Auto Remarketing

JANUARY 14, 2025

In 2024, AIs role expanded to include critical back-office functions like identity and income verifications, as well as credit application processing. This level of insight allows dealers to optimize their inventory mix, ensuring they have the right vehicles on their lots at the right time.

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Autoshop Solutions

JULY 10, 2024

Apex, North Carolina (July 8, 2024) – Autoshop Solutions is proud to announce that it has won another Gold Award this year for Best Automotive Website Design. The most recent award is for the website design for its client, Antero Automotive. is a trusted partner in the automotive industry. Visit their website here.

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autoevolution

JANUARY 24, 2024

million vehicles on the US automotive market, and much of the performance was owed to the namesake brand rather than its Acura premium division. million sales alone in 2024 while Acura strives for 150k on the back of upcoming models like the. Last year, Honda sold no less than 1.3 continue reading. )

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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.

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AutoSuccess

JANUARY 24, 2025

In 2024, AIs role expanded to include critical back-office functions like identity and income verifications, as well as credit application processing. This level of insight allows dealers to optimize their inventory mix, ensuring they have the right vehicles on their lots at the right time.

Retail 52

Retail Management Vehicle Media 52

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.

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autoevolution

MARCH 11, 2024

Last week was quite full of surprises across the American automotive market. Secondly, Rivian gave us another couple of all-new electric models aside from the confirmed R2 sport utility vehicle. First, Dodge gave us two body styles for the next-gen Charger instead of one.

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AutoSuccess

JANUARY 29, 2024

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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Auto Remarketing

FEBRUARY 16, 2024

“The new Cars Commerce Industry Insights Report taps into our unparalleled access to industry and car-shopping data, offering a clear view into the forces shaping the automotive market right now,” said Rebecca Lindland, senior director of industry data and insights at Cars Commerce, in a news release. Average days on market is up 10.1%

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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.

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AutoSuccess

MARCH 1, 2024

In the automotive sales industry, a significant shift is underway, marked by the evolution of vehicle appraisal tools that are enhancing accuracy and instilling confidence among used car managers. Traditionally, dealerships have relied on inventory tools that use market data to price their inventory.

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Auto Remarketing

MAY 7, 2024

Vincensus is a syndicated report designed to demonstrate the state of automotive inventory across major OEMs and serve as a detailed comparative analysis that shows how each OEM is performing against industry benchmarks so dealers can see where they rank among their competition.

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AutoSuccess

FEBRUARY 21, 2024

DAS Technology unveiled at NADA 2024 its new software-as-a-service (SaaS) offerings, including real-time lead quoting, prospect nurturing, service messaging, SMS enhancements, and inventory merchandising partnerships and capabilities. Dealers and consumers benefit through an improved vehicle shopping experience.

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Auto Remarketing

JUNE 12, 2024

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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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.

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AutoSuccess

AUGUST 20, 2024

Accountability starts with clear and objective information, and vague statements like “it’s the market” don’t cut it. The truth is that there are very real market forces at play, which absolutely impact consumer interest, vehicle affordability, challenges desking deals and challenges running a profitable dealership. The result?

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