Remove 2024 Remove Automotive Marketing Remove Vehicle
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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. However, amid these challenges, used vehicle sales present a bright spot. One of the most impactful areas for improvement lies in reconditioning and how efficiently vehicles are turned.

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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. 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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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccess

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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2024 Lexus GX 550 Build Project Looks Menacingly Dark on Matching Off-Road Wheels 

autoevolution

The local Lexus division, along with its parent company Toyota Motor North America, is doing great in the US automotive market – after the first six months of the year, they rose to an impressive 1,186,647 units, a jump of 14.3%, and now stand just a little over 103k vehicles shy of the market leader &a.

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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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