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. Whether it’s personalized customer service, unique vehicle offerings, or community involvement, carve out a niche that sets you apart from the more prominent players.

Customer Service 130

Customer Service Automotive Marketing Auto Market Retail 130

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.

Electricity 72

Electricity Auto Market Utilities IT 72

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.

Auto Market 58

Auto Market IT Vehicle Car 58

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.

Auto Repair 130

Auto Repair Automobile Mechanic Auto Repair Shop 130

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. Average days on market is up 10.1%

Used Cars 105

Used Cars Retail Car Vehicle 105

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.

Retail 52

Retail Automotive Marketing Auto Market Media 52

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.

Automobile 52

Automobile Auto Market Retail Automotive 52

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

Finance 52

Finance Used Cars Vehicle Car 52

Auto Remarketing

OCTOBER 3, 2023

of the market to 19.2%. auto market, representing 78.9% of vehicles – up from 77.2% The study also looked at vehicle pricing in terms of color. iSeeCars said silver had been third “for much of the past two decades” before gray edged past it by 0.1% Since then, though, silver has fallen to 11.7% in 2018. “But

Car 52

Car Used Cars Auto Market Vehicle 52

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.

Car Dealership 52

Car Dealership Used Cars Finance Auto Market 52

Auto Remarketing

APRIL 10, 2024

In fact, the 2024 Realtor.com Housing Market and Electric Vehicle Report found three of the top 10 and eight of the top 20 housing markets for EV ownership are in the Golden State. The San Jose-Sunnyvale-Santa Clara market ranked No. In the San Jose market, the report said, one in five households has an EV and 4.9%

Electric Vehicles 52

Electric Vehicles Electricity Auto Market Vehicle 52

Auto Remarketing

MARCH 13, 2024

Auto dealers still don’t like the look of the current market for vehicles. The vehicle market in the U.S. is shifting from a seller’s market to a buyer’s market, and dealers are feeling the pinch of tighter margins and higher costs,” Cox Automotive chief economist Jonathan Smoke said.

Electric Vehicles 52

Electric Vehicles Automotive Vehicle Electricity 52

AutoSuccess

JANUARY 31, 2024

The venue will provide Cox Automotive the opportunity to demonstrate how it is working to change the way the world buys, sells, owns and uses vehicles. “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.”

Automotive 52

Automotive Retail Vehicle Management 52

AutoSuccess

APRIL 29, 2024

While some of the technologies described below have yet to be embedded in vehicles, it’s important to know what’s on the horizon so dealers can conduct the right research and ensure they offer the right F&I programs to customers. 7 electric vehicles. of auto dealers said the sale of F&I products was up about 5-10%.

Automotive 40

Automotive Electronics Vehicle Manufacturing 40

AutoSuccess

MARCH 19, 2024

“The vehicle market in the U.S. is shifting from a seller’s market to a buyer’s market, and dealers are feeling the pinch of tighter margins and higher costs,” said Cox Automotive Chief Economist Jonathan Smoke. auto market is very different than it was just two years ago.”

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52

Auto Remarketing

JUNE 12, 2024

The index for the second quarter of 2024 was virtually unchanged from the previous quarter and has varied little since falling below 50 in late 2022 — but that level indicates a prevailing perception of a weak market. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.

Automotive 52

Automotive Automotive Marketing Auto Market Retail 52

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.

Automobile 52

Automobile Automotive Vehicle Retail 52

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.

Retail 40

Retail Finance Auto Market Management 40

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.

Consulting 278

Consulting Banking Automotive Marketing Auto Market 278

Auto Remarketing

FEBRUARY 17, 2025

The announced 25% tariffs on all imports from Canada and Mexico, currently on hold, could have a significant impact on the industry, given the large amount of vehicles and components that cross the borders. Those tariffs, CarGurus director of economic and market intelligence Kevin Roberts said, could present another major problem for a U.S.

Auto Market 64

Auto Market Automotive Vehicle Trucking 64