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Why there’s a growing need to be more digital

Auto Service World

The automotive industry is undergoing a significant transformation as digital technologies reshape the way vehicles are bought and sold and dealers need to keep pace or lose relevancy. The transition to online car buying has fundamentally altered consumer expectations, observed Madhuchhanda Palit, automotive analyst at GlobalData.

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How new, used vehicle prices are trending

Auto Service World

Used car prices continue to decline as availability increases and new car prices have stabilized in the Canadian automotive market, according to analysis from AutoTrader.

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Creating Predictable Profit in a Volatile Automotive Market

AutoSuccess

In 2024, dealerships face a challenging landscape, with revenue and new car sales on the decline. While the broader market may struggle, used car sales have remained steady, providing a significant opportunity for dealerships to focus on areas within their control to drive more predictable profit.

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EV momentum cools but growth still there

Auto Service World

Todd Campau, associate director of the aftermarket at S&P Global Mobility, addressed shifting trends in electric vehicle (EV) sales and the evolving dynamics of the green automotive market during a presentation at AAPEX 2024. And I expect that to continue to a similar pace as what we see with the general market, Campau said.

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Live Chat Revs Up Automotive Marketing in 2024

AutoSuccess

Ramping up Marketing Dealers are shifting strategies to address these challenges. Once again, belts are being tightened in some areas while spending in other areas, such as marketing, is rising out of necessity. If a car shopper shows up on your lot and is not greeted by anyone, that person probably won’t stay long.

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How Automotive Market Analysis Can Save You Money

The Mechanic Doctor

The Mechanic Doctor - Resources for Amateur and Pro Auto Mechanics If you are looking for a new or used car, you might be wondering how to get the best deal possible. One way to do that is by using automotive market analysis. Automotive market analysis can save you money in several ways.

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How CarGurus Is Changing the Car Buying Process

Auto Service World

The car buying process has traditionally been a daunting and time-consuming experience, often fraught with confusion, haggling, and uncertainty. However, in recent years, CarGurus has emerged as a game-changer, revolutionizing the way people buy cars. Buyers often feel uncertain about whether they are getting a fair deal.

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