Auto Remarketing

APRIL 8, 2024

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. It may depend on which industry index you’re observing.

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Vehicle Auto Market Retail Automotive 105

Jalopnik

FEBRUARY 27, 2024

The Renault 5 E-Tech Electric is bringingstyle and fun back to the European auto market with a retro design that looks just as good in 2024 as it did in 1972, when the original Renault 5 came out. The 5, also known as the R5 and Le Car , was a huge success for Renault , spawning myriad models and versions across two… Read more.

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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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Customer Service Automotive Marketing Auto Market Retail 130

Auto Service World

AUGUST 24, 2024

As a car buyer looking for value and reliability, you might have turned your gaze towards Hyundai, a brand known for its diverse range of vehicles that cater to nearly every segment of the auto market. They play a pivotal role in ensuring that every Hyundai owner receives the assistance and care needed to maintain their vehicle.

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Vehicle Insurance Auto Market Customer Service 130

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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AutoSuccess

SEPTEMBER 30, 2024

As dealers bid farewell to the seller’s market after four years of anything but normal, balance is expected to return to the U.S. auto market 1. 1 Given this shift and the variables that exist in today’s retail automotive market, one truth remains: a dealer’s bottom line. Businesses can get started now.

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AutoSuccess

SEPTEMBER 6, 2024

Interest Rates : Interest rates for auto loans have risen sharply. According to Cox Automotive’s June 2024 Auto Market Report, the average new car loan interest rate is 10.1% Higher rates lead to increased monthly payments, making vehicle financing more challenging. for used car loans. cents per mile in 2022.

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Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Data analysts from the company develop the report, which delves into a range of macro and micro auto market trends through analysis of supply, demand, pricing and consumer behavior across the various Cars Commerce platforms.

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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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Automobile Auto Market Retail Automotive 52

Auto Remarketing

OCTOBER 3, 2023

of the market to 19.2%. auto market, representing 78.9% According to the study, which analyzed more than 10 million 1- to 5-year-old used cars sold in 2018 and 2023, gray has gained four percentage points in those five years, rising from 15.2% Since then, though, silver has fallen to 11.7% of vehicles – up from 77.2% in 2018.

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Car Used Cars Auto Market Vehicle 52

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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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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Retail Finance Auto Market Management 40

Auto Remarketing

NOVEMBER 2, 2023

AI for merchandising is not the only way this innovative new technology is shifting the auto remarketing industry, however. Auto dealerships are also embracing new AI tools for enhancing customer service and reshaping how they price their vehicles.

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Auto Remarketing

APRIL 10, 2024

“We have found a clear and positive synergy between the housing market and EV adoption,” Cox Automotive chief economist Jonathan Smoke said. While we remain in the early innings in the electrification of the auto market, with dramatic variation in adoption thus far, EV-friendly homes are proving to be key.

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Auto Remarketing

OCTOBER 11, 2024

While acknowledging “coming down from multi-decade highs in interest rates is absolutely a welcome change for the environment,” Roberts added even when the half-percentage-point drop does make it to the auto market, it won’t make as large dent in the cost and monthly payment as car buyers might think.

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Finance Used Cars Vehicle Car 52

Auto Remarketing

JUNE 12, 2024

While franchises rated the overall market at 49 – just below threshold – independents gave it a 40. In addition, expectations for the market over the next three months took a tumble, with the overall index dropping from a slightly optimistic 51 the previous quarter to a hoping-for-the-best 44.

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Automotive Automotive Marketing Auto Market Retail 52

Auto Remarketing

MARCH 13, 2024

auto market is very different than it was just two years ago.” That score has dropped steadily since its peak of 60 in Q3 2021. The decline has been especially precipitous among franchised dealers, whose profitability index fell 10 points in the past quarter to 41. The score for independents matched its post-pandemic low at 31.

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Electric Vehicles Automotive Vehicle Electricity 52

AutoSuccess

APRIL 29, 2024

Some emerged during the pandemic, while others were long-term trends in the auto market, such as the overall cost of components, parts availability, shortage of labor and more expensive technology found in today’s vehicles. Automated-driving technology, for example, is powered by artificial intelligence. 7 electric vehicles.

Automotive 40

Automotive Electronics Vehicle Manufacturing 40

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

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 Service World

OCTOBER 10, 2024

Despite a dip in September sales, Canada’s auto market maintains a robust year-to-date growth, driven by strong performances from key brands. Canada’s automotive market experienced a slight setback in September, with sales of new vehicles dropping 3.6 per cent compared to the same month last year. per cent rise from 2023.

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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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