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. from December.
AutoSuccess
JANUARY 29, 2024
auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. auto market being steered by five key themes. In 2024, the used-vehicle market is expected to grow by less than 1%. million vehicles sold via retail channels.
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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.
Solera
OCTOBER 15, 2024
Introduction In the fast-paced world of automotive retail, independent dealerships often face stiff competition from larger counterparts. 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.
Auto Remarketing
APRIL 8, 2024
Its chief data science officer suggests that this year’s spring market was rather robust and that Q1 showed normalization in the market. “We We are observing a stronger spring used auto market in terms of prices and wholesale activities this year,” Black Book’s Alex Yurchenko said in a news release. was down 14.7%
Auto Remarketing
NOVEMBER 2, 2023
In a traditional book value pricing method, auto remarketing dealerships list the base retail value on their website, leaving out factors such as mileage and vehicle condition. Generative AI analysis to ensure maximum ROI Generative AI allows auto marketing professionals to adjust the individual price points for each vehicle.
AutoSuccess
JANUARY 31, 2024
auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. Though Cox Automotive expects a return to normalcy in the U.S. In 2023, 69% of consumers were highly satisfied with the car buying process compared to 61% in the 2022 study.
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