Automotive Fleet

JANUARY 17, 2023

While this is the EV decade, the market is a long way from becoming one centered on electric vehicles.

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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. “To name a few, we saw historic appreciation in vehicle values, unimagined drops in supply, and interest rates moving from all-time lows to 23-year highs at an unforgiving pace.

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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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Solera

OCTOBER 15, 2024

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. Leveraging Niche Markets Identify niche customer segments and tailor your marketing efforts accordingly. Monitoring and Adapting The automotive market is dynamic.

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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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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

FEBRUARY 16, 2024

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 used-vehicle listing prices in January, were down 1.6% Average days on market is up 10.1%

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Solera

MAY 2, 2023

This problem is particularly true for gas-powered vehicles. Electrified automobiles An accelerated number of electric vehicles (EVs) appear on roads worldwide. And many new EV models are entering the auto market each year. The primary difference between gas-powered vehicles and electric cars is the drivetrain.

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Solera

MAY 4, 2023

This problem is particularly true for gas-powered vehicles. Electrified automobiles An accelerated number of electric vehicles (EVs) appear on roads worldwide. And many new EV models are entering the auto market each year. The primary difference between gas-powered vehicles and electric cars is the drivetrain.

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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.

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AutoSuccess

SEPTEMBER 26, 2023

auto market, according to the Cox Automotive Dealer Sentiment Index (CADSI). The Q3 current market index was 45, still below the threshold of 50, indicating that more dealers see the current auto market as weak than see the market as strong. Overall dealer sentiment in the U.S.

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Auto Remarketing

OCTOBER 3, 2023

auto market, representing 78.9% of vehicles – up from 77.2% The study also looked at vehicle pricing in terms of color. At the top of the list, white, at 26.2%, has overtaken black (21.8%) for the No. Five years earlier, black had led by 0.3%. Those four colors continue to dominate the U.S. to an average of $38,001.

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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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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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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%

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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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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%.

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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.”

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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.

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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.

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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.”

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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. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said.

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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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Auto Remarketing

FEBRUARY 17, 2025

But the threat of those tariffs looms large over the auto industry. 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.

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