Auto Remarketing

OCTOBER 3, 2023

America’s cars are going gray — and not just because they’re getting older. The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. of the market to 19.2%. of the market to 19.2%. of vehicles – up from 77.2%

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Jalopnik

NOVEMBER 16, 2023

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.

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Electricity Auto Market Utilities IT 72

Solera

MAY 2, 2023

With all the changes and challenges in the automobile industry, it’s tough to be an auto mechanic in this demanding work environment. The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians.

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Solera

OCTOBER 15, 2024

While it may seem like a David vs. Goliath scenario, there are strategic approaches that indie dealerships can employ not only to survive but thrive in the market. Showcase your local market knowledge through sponsorships to local events, collaborations with local businesses, and tailoring your inventory to match local preferences.

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AutoSuccess

SEPTEMBER 6, 2024

cars or roughly two vehicles, according to Money Geek. This means the average household spends over $2,000 per month to own and maintain their cars. Consumers are holding onto their cars longer, reducing the availability of used vehicles for sale. for used car loans. for used car loans, according to Car and Driver.

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Jalopnik

AUGUST 27, 2024

The auto market has fallen out of love with sedans , choosing to opt for taller and bigger crossovers. Because of that, many automakers have left the sedan market altogether , but there are still a few that soldier on.

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Auto Remarketing

NOVEMBER 2, 2023

Auto dealerships are also embracing new AI tools for enhancing customer service and reshaping how they price their vehicles. Thus, car dealerships are somewhat forced to rely on superficial charm and the sales skills of the employees to close a deal.

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Auto Remarketing

OCTOBER 11, 2024

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As days on market) and 2-3 year-old (58.5

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AutoSuccess

DECEMBER 13, 2024

The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.

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AutoSuccess

FEBRUARY 14, 2025

The steady growth in digital documentation processes reflects a mature understanding of the long-term benefits, positioning digital transformation as a critical pillar for the auto industrys future. Todays Rebounding Auto Market The positive trends in the reported digital adoption coincide with a continued rebound in the U.S.

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Autoblog: Repairs

AUGUST 27, 2024

auto market fills in another piece with the arrival of the 2025 Hyundai Sonata. Hyundai View the 20 images of this gallery on the original article The puzzle of the 2025 U.S. Product planners returned a new SE trim to the bottom of the lineup after the affordable grade took a break in 2024.

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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. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.

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AutoSuccess

JANUARY 31, 2024

“We are excited to showcase the most complete and connected ecosystem in the auto industry at the NADA Show 2024, which is undoubtedly the auto industry’s event of the year.” auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future.

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AutoSuccess

APRIL 29, 2024

With this new technology, car manufacturers and dealers must also ask the question, “What happens if these technologies stop working or need to be repaired?” Automotive Technology on Display at CES 2024 Automakers have been incorporating AI into cars for over 10 years. 7 electric vehicles. 7 electric vehicles. Why the increase?

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AutoSuccess

JUNE 11, 2024

In the auto business, uncertainty is the enemy — it negatively impacts sales, hurts consumer sentiment, and leaves auto dealers feeling troubled.” ” Despite the market’s perceived weakness, the CADSI showed some promising signs in Q2. While still below the 50 threshold at 36, profit perceptions have stabilized.

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Automobile Automotive Vehicle Retail 52

AutoSuccess

MARCH 19, 2024

auto market is very different than it was just two years ago.” ” While the current market index, and many of the factors driving it, remains weak, the market outlook index improved significantly in Q1, jumping from 41 last quarter to 51 in Q1.

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Auto Remarketing

FEBRUARY 17, 2025

Those tariffs, CarGurus director of economic and market intelligence Kevin Roberts said, could present another major problem for a U.S. auto market that is already struggling to keep cars affordable for its customers. The Automotive Policy Council, an association representing the Big Three U.S.

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