Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% from December.

Used Cars 105

Used Cars Retail Car Vehicle 105

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. year-over-year and rose 0.9% was down 14.7%

Vehicle 105

Vehicle Auto Market Retail Automotive 105

Auto Remarketing

NOVEMBER 2, 2023

So in this article, we will explore how AI tools can help used-car dealers stay ahead of the trends with advanced sales data analyses, in addition to investigating real-world examples of AI as it has been applied to provide dynamic, more effective prices.

Car Dealership 52

Car Dealership Used Cars Finance Auto Market 52

Auto Remarketing

JUNE 12, 2024

While franchises rated the overall market at 49 – just below threshold – independents gave it a 40. Likewise, independents’ 38 score for the used-car sales environment (up from 36 in Q1) was far worse than the franchises’ hopeful index of 54. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said.

Automotive 52

Automotive Automotive Marketing Auto Market Retail 52

AutoSuccess

JUNE 11, 2024

. “Overall, dealer sentiment is likely worse than actual market conditions,” added Smoke. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. 3 on the list of top 10 factors affecting business.

Automobile 52

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.

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52