autoevolution

DECEMBER 13, 2023

Suppose we ignore our numerous stories about the old-timer Chevrolet Impalas that can be found on the used car market at any given moment. The reason is obvious, as the GM-owned car brand pulled the plug on it in 2020, after ten genera. continue reading. )

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Jalopnik

DECEMBER 27, 2024

Happy Friday! Its December 27, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.

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AutoSuccess

JANUARY 16, 2025

Repair OnDemand announces the launch of five upcoming enhancements to their reconditioning management system, Repair360, at NADA 2025. Were seeing profit margins shrinking again as we head into 2025 and one way to combat thin margins is to become brilliant at the basics.

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Auto Remarketing

FEBRUARY 10, 2025

The year started off with expectations there might be a return to normal in the used-car market. Well, that doesnt exactly appear to be the case one month into 2025. At Black Book, the Used Vehicle Retention Index came in at 146.3 At Black Book, the Used Vehicle Retention Index came in at 146.3 last month, down 1.2%

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Auto Remarketing

NOVEMBER 25, 2024

Independent car dealerships had to navigate a number of trends in 2024, from supply constraints to consumers reacting to new economic pressures. While the coming year is showing positive signs for used-dar dealers, we’ve learned that the future is never certain. When buying cars in your community, give people a fair price.

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Auto Remarketing

JANUARY 14, 2025

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. By using these AI tools, dealerships can pre-empt financial losses and improve inventory turnover efficiency.

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AutoSuccess

JANUARY 24, 2025

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. By using these AI tools, dealerships can pre-empt financial losses and improve inventory turnover efficiency.

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Auto Remarketing

MARCH 6, 2025

As part of the inaugural Automotive Intelligence Awards , Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

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Auto Remarketing

FEBRUARY 19, 2025

As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. More details to come.

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Auto Remarketing

JANUARY 24, 2025

The report cited its December survey of more than 1,000 consumers to show preference for SUV and trucks has dropped slightly SUVs down from 44% in 2023 to 43%, trucks from 9% to 7% and crossovers from 8% to 6% while car segments rose in popularity. Thats all out the window as we start 2025, because of U.S.

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Auto Remarketing

SEPTEMBER 27, 2024

With inventory levels rising and more car buyers opting for hybrid vehicles over EVs, many dealerships are still struggling to turn vehicle browsers into buyers as they adjust to this new normal. Growth in the used-car market The used-car market, particularly certified pre-owned (CPO) vehicles, is experiencing steady growth.

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Auto Remarketing

FEBRUARY 26, 2025

Rising inventory levels, evolving consumer preferences, and the steady expansion of hybrid and electric vehicle (EV) sales continue to shape this years competitive market in 2025. Despite these shifts, internal combustion engine (ICE) vehicles still dominated the used market, accounting for over 90% of sales.

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AutoSuccess

OCTOBER 18, 2024

With inventory levels rising and more car buyers opting for hybrid vehicles over EVs, many dealerships are still struggling to turn vehicle browsers into buyers as they adjust to this new normal. Growth in the Used Car Market The used car market, particularly certified pre-owned (CPO) vehicles, is experiencing steady growth.

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Auto Remarketing

AUGUST 7, 2024

We are just beginning to see lower lease maturities for the key 3-year-old segment, and that impact will be felt over the rest of this year and into 2025 and 2026. As supply tightens for this key segment for the used vehicle market, we expect to see variances from historical average depreciation rates.” and fell 7.6%

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AutoSuccess

AUGUST 20, 2024

Now, car sales have surpassed pre-COVID levels, and marketing budgets are surging as many dealers have realized the bottom is already behind us. Forecasts are pointing to a rapid climb into 2025. Something the automotive SAAR doesn’t capture is the part that used car sales play in your store’s profitability.

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AutoSuccess

DECEMBER 13, 2024

. “Coupled with the potential for supportive measures such as tax rebates and the possibility of lower interest rates, dealers are feeling more hopeful about the road ahead as we move into 2025.” This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.

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Auto Remarketing

DECEMBER 13, 2024

We look forward to another outstanding year in 2025. Warm wishes for a happy and safe holiday season from all of us! Learn more and submit your speaker ideas here: Call for Speakers Auto Intel Summit We thank you for your interest, support, readership and feedback this year.

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Auto Remarketing

JANUARY 21, 2025

The arrows are pointing up for almost all aspects of the auto retail industry in 2025 with one notable exception. The supply of used vehicles. In Cox Automotives recent 2025 forecast call with industry media and analysts, chief economist Jonathan Smoke painted a rosy picture for whats ahead.

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Jalopnik

JANUARY 22, 2025

The Car Allowance Rebate System, known colloquially as Cash For Clunkers , was largely intended to stimulate the economy in a post-recession America, though the Obama administration billed it as a way to reduce automobile emissions and increase traffic safety by pushing consumers to trade their old gas-guzzlers for new Read more.

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Auto Service World

FEBRUARY 21, 2025

A recent report showed how rising car ownership costs are impacting household budgets and shifting planned 2025 spending. The 2025 State of the American Driver Report , based on a survey of 1,000 drivers, highlighted how people are reacting to the high costs of car ownership.

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AutoSuccess

DECEMBER 17, 2024

Some may have real talent, but others use trickery, sleight of hand or knock-off goods to dupe you out of your money. Entering 2025, we have a wider range of potential services and technologies than ever before. 2025 is shaping up to be an opportunity year more than any since COVID. Something doesnt add up here.

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