How new, used vehicle prices are trending
Auto Service World
AUGUST 29, 2024
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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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting
Auto Service World
OCTOBER 26, 2024
The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.
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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting
Auto Service World
OCTOBER 5, 2024
The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.
In Automotive Training? Explore Honda and Nissan’s New Deal
Automotive Training Centre
APRIL 18, 2024
As the automotive landscape shifts dramatically towards electrification, two of Japan’s automotive giants, Honda and Nissan, have made headlines with a groundbreaking new deal in automotive training. Under this partnership, both companies will collaborate on core EV components and develop new automotive software platforms.
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Live Chat Revs Up Automotive Marketing in 2024
AutoSuccess
MAY 8, 2024
According to Cox Automotive, the new vehicle inventory supply is near its highest point since June 2020. Although the 2024 market outlook remains positive with an estimated 15.4 Ramping up Marketing Dealers are shifting strategies to address these challenges. The secret lies in first impressions.
Creating Predictable Profit in a Volatile Automotive Market
AutoSuccess
NOVEMBER 21, 2024
In 2024, dealerships face a challenging landscape, with revenue and new car sales on the decline. However, amid these challenges, used vehicle sales present a bright spot. One of the most impactful areas for improvement lies in reconditioning and how efficiently vehicles are turned.
Where to Find the Most Trusted Used Car Dealers in Brisbane
Auto Service World
OCTOBER 12, 2024
Steering through the world of second-hand vehicles can be tricky, especially when finding a dealer you can trust. Brisbane, with its bustling automotive market, offers plenty of options. This, however, can make your car buying journey more challenging. So, how do you separate the wheat from the chaff?
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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers
AutoSuccess
SEPTEMBER 6, 2024
In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. The Impact of Inflation on Vehicle Ownership Inflation creates significant increases in the cost of vehicle ownership.
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How Automotive Market Analysis Can Save You Money
The Mechanic Doctor
JANUARY 4, 2024
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. How can you make sure that you are getting a fair price and a reliable vehicle? One way to do that is by using automotive market analysis.
Cars Commerce’s new look at used-car market tells an old story
Auto Remarketing
SEPTEMBER 20, 2024
Cars Commerce’s latest look at the used-vehicle market is an old story. As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. from last year, while cars in the $10,000-$19,000 range, averaging 7.3
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Inventory Management Tools Drive a Successful Used Vehicle Strategy
AutoSuccess
JANUARY 29, 2024
Back in the early days of his career, Jose Mendoza was simply looking for an office job at a local car dealership. He yelled that I should sell cars instead of work in the office. The onset of COVID-19 also brought unprecedented changes, especially in managing their used vehicle inventory. He yelled at me!” Mendoza exclaimed. “He
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Retail used-car market by the numbers: Supply, demand, prices & EV metrics
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. These are just some of the trends and data shared in the inaugural monthly Industry Insights Report from Cars Commerce released Thursday. Used-car demand fell 7.6%
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COMMENTARY: The new dynamics of car retailing, navigating the post-pandemic shift
Auto Remarketing
MARCH 18, 2024
As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is becoming increasingly apparent, particularly in the electric vehicle sector. Dealerships that embrace this change are poised to thrive in the new era of automotive retailing.
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Used- and new-car patterns likely getting back to ‘normal’ in 2024
Auto Remarketing
JANUARY 29, 2024
That includes a “normal seasonal trend” when it comes to depreciation in the wholesale vehicle market, along with “modest growth trajectory” in the new-car segment, Black Book said in a report Monday. Furthermore, the composition of available inventory in the used vehicle market is forecasted to shift.”
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Wild CGI Idea: Could an Isuzu D-Max EV Help the Niche Automaker Return to America?
autoevolution
DECEMBER 8, 2023
The Japanese company has always been primarily oriented to small automobiles and big commercial vehicles. Still, it also had an exciting presence on the US automotive market's main scene – up until 2009. continue reading. )
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Top 20 American Cars & Trucks With the Longest-Running Nameplates
autoevolution
APRIL 21, 2024
In 1908, Ford put the Model T into production, giving America its first mass-affordable vehicle. Since then, the automotive market has gone through dramatic shifts as it embraced new technologies and government regulations. And while thousands of nameplates have come and gone, some survived for decades. continue reading. )
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Are Chrome Wheels Out Of Style?
Auto Service World
SEPTEMBER 1, 2024
These shiny marvels can significantly enhance your vehicle’s performance too. Did you know that chrome rims are a top choice among car enthusiasts worldwide? Back then, car enthusiasts around the world coveted these shiny accents, deeming them a luxury. You see them parading in car shows, glittering in auto magazines.
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3 Carfax Alternatives for Canada Vehicle Reports
The Mechanic Doctor
JANUARY 2, 2024
The Mechanic Doctor - Resources for Amateur and Pro Auto Mechanics When purchasing pre-owned vehicles, having a detailed history report is crucial. While Carfax is a well-known option in the United States, Canadian consumers and dealers seek reliable alternatives that cater to the Canadian market. taxi, rental, lease), and many more.
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Nokian Tyres Delves Into the EV Tire Design Details
Tire Review Magazine
NOVEMBER 28, 2023
Rolling resistance, durability and overall comfort all play a huge role in tire design, but these characteristics are under a bright-hot spotlight in the context of electric vehicle tires.
Executive Spotlight with Yaron Saghiv of UVeye
AutoSuccess
APRIL 22, 2024
In today’s discussion, Maddie Weiner speaks with Yarone Saghiv, CMO of UVeye, about their innovative vehicle inspection technology and recent partnership with General Motors. UVeye systems, likened to an “MRI for your car,” are now installed in over 300 U.S. Watch the video above to learn more about this and more!
Roadmap to Prosperity: Indie Dealerships’ Guide to Competing with the Big Players
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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Gen Z Drives the Automotive Industry Towards a Sustainable Future
Solera
FEBRUARY 14, 2024
While Gen Z currently constitutes a small segment of the automotive market, making up 26% of the global population, as more of them become driving age, their influence will grow. This is a pivotal moment for the automotive industry. To do this, the perception of used-car parts need to change.
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Xiaomi Warns Traditional Carmakers: We're Here to Win
autoevolution
DECEMBER 18, 2023
Xiaomi is the first tech giant that plans to launch a car, and compared to rival Huawei, which partnered with traditional carmakers for an expansion in the automotive market, the Chinese tech behemoth wants to build the vehicle from scratch. And it did, as ( continue reading. )
U.S. News & World Report Announces 2024 Best Vehicle Brand and Best CPO Program Awards
AutoSuccess
NOVEMBER 30, 2023
News & World Report recently announced its 2024 Best Vehicle Brand and Best Certified Pre-Owned Program awards. News’ Best Vehicle Brands recognizes industry-wide excellence across four key segments of the automotive market: cars, SUVs, trucks and luxury vehicles. News Best Cars.
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Lexus still first in CPO, wins 8th straight U.S. News award
Auto Remarketing
NOVEMBER 27, 2024
News & World Report , which named Lexus — the brand that introduced CPO in 1996 — as the Best Certified Pre-Owned Program in its 2025 Best Vehicle Brand and Best Certified Pre-Owned Program awards. The vehicle scores were derived from the U.S. The post Lexus still first in CPO, wins 8th straight U.S.
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Cox study shows dealership service lanes losing market share, consumer trust
Auto Remarketing
DECEMBER 12, 2023
Dealership service departments are not only losing market share to general repair shops — they’re also losing the trust of consumers, according to the latest research by Cox Automotive. As a result, they’re bringing their vehicle in for service or maintenance more often: an average of 2.5 times a year, up from 2.3
Auto Worker Contract Would Give Workers A Say In How An EV Transition Happens
Jalopnik
OCTOBER 31, 2023
The workers, though, still face uncertainty in the face of a shifting automotive market. As manufacturers transition to electric vehicles, those workers need to know they won’t be left out in the cold, and those assurances are still forthcoming. The United Auto Workers strike has — tentatively — ended. Read more.
Over-the-TOP Hyper-Targeted Marketing for Automotive Sales and Service
AutoSuccess
DECEMBER 4, 2024
The automotive industry faces unique challenges in the digital age, where the car-buying process has significantly evolved. Over-the-TOP (OTT) Hyper-Targeted marketing offers a compelling solution, enabling dealerships to engage potential buyers effectively by leveraging streaming media.
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Benefits of Outsourcing Title Work
AutoSuccess
DECEMBER 7, 2023
One such process is the time-consuming vehicle registration and ownership transfer process. Outsourcing allows car dealerships to streamline operations and their employees to focus on what they do best — sales and customer service. In today’s competitive automotive market, efficiency must be a priority.
Similarities & Differences between German, Japanese, and American Cars
Wrench
JULY 20, 2022
Domestic, Asian, and European cars dominate the American automotive market. Nevertheless, the similarities and differences between these huge manufacturers provide a lot of information about what the right car is for you, what to expect for general maintenance, and more. She drove the vehicle a total of 65 miles (104 km).
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COMMENTARY: Shifting gears & key takeaways from the Lotlinx Q4 report
Auto Remarketing
FEBRUARY 26, 2025
As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 Automotive Market Report , the automotive market has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs. The used vehicle market also saw growth in hybrid and EV sales.
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vAuto Enhances Conquest for Applying VIN-Specific Incentives
AutoSuccess
SEPTEMBER 26, 2024
vAuto announced new functionality that solves another pain point for franchise dealers: managing increasingly complex new vehicle incentives. The Cox Automotive brand achieved this feat by making it easier for dealers to apply VIN-specific incentives at scale in its new vehicle inventory management and pricing solution, Conquest.
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Nokian Tyres Delves Into the EV Tire Design Details
Tire Review Magazine
NOVEMBER 28, 2023
Rolling resistance, durability and overall comfort all play a huge role in tire design, but these characteristics are under a bright-hot spotlight in the context of electric vehicle tires.
Riding the Wave of Innovation: How Advanced Data Tools Are Transforming Automotive Appraisals
AutoSuccess
MARCH 1, 2024
In the automotive sales industry, a significant shift is underway, marked by the evolution of vehicle appraisal tools that are enhancing accuracy and instilling confidence among used car managers. Traditionally, dealerships have relied on inventory tools that use market data to price their inventory.
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EpiCar Announces First Auction Event
AutoSuccess
MAY 20, 2024
This platform facilitates direct connections between dealers and private car sellers, providing a streamlined, efficient inventory sourcing solution. By enabling direct interactions with private sellers, EpiCar ensures dealers have access to a broader range of vehicles, surpassing traditional limitations.
Nokian Tyres Delves Into the EV Tire Design Details
Tire Review Magazine
NOVEMBER 28, 2023
Rolling resistance, durability and overall comfort all play a huge role in tire design, but these characteristics are under a bright-hot spotlight in the context of electric vehicle tires.
COMMENTARY: 2025 auto retail outlook, as machine learning meets inventory intelligence
Auto Remarketing
JANUARY 14, 2025
This level of insight allows dealers to optimize their inventory mix, ensuring they have the right vehicles on their lots at the right time. Its not just about stocking popular models; its about having the perfect balance of vehicles to meet the specific needs and preferences of their local market.
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Lotlinx launches Vincensus Report for monthly/quarterly look at market data
Auto Remarketing
MAY 7, 2024
Vincensus is a syndicated report designed to demonstrate the state of automotive inventory across major OEMs and serve as a detailed comparative analysis that shows how each OEM is performing against industry benchmarks so dealers can see where they rank among their competition.
Nurturing Tomorrow’s Technicians: The Benefits and Implementation of an Apprentice Program
AutoSuccess
AUGUST 27, 2024
Adaptability to Technological Advancements The automotive industry is constantly evolving with new technologies and diagnostic tools. Apprentice programs ensure that technicians are equipped with the latest knowledge and skills required to service modern vehicles.
2025 Auto Retail Outlook: Machine Learning Meets Inventory Intelligence
AutoSuccess
JANUARY 24, 2025
This level of insight allows dealers to optimize their inventory mix, ensuring they have the right vehicles on their lots at the right time. It’s not just about stocking popular models; it’s about having the perfect balance of vehicles to meet the specific needs and preferences of their local market.
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The Smart Shift: How Dealerships Are Slashing Processing Costs
AutoSuccess
MAY 21, 2024
Among the myriad of industries, car dealerships stand out for their keen adoption of innovative financial practices to sustain profitability. The Cost-Saving Potential For car dealerships, where transactions are typically high-value, the cost savings from adopting these strategies can be substantial.
AISIN talks tires, mergers and streamlining operations
Tire Review Magazine
JANUARY 7, 2025
AISIN had a range of tires on display in the booth under the AITERRA brand name, including the AIECO EC50 tire for passenger cars, the AICROSS CR60 for SUVs and the AIWAGON WA70 for delivery van applications. There also was plenty of talk about the future of the automotive market and the impact of new vehicle technologies.
AISIN talks tires, mergers and streamlining operations
Tire Review Magazine
JANUARY 7, 2025
AISIN had a range of tires on display in the booth under the AITERRA brand name, including the AIECO EC50 tire for passenger cars, the AICROSS CR60 for SUVs and the AIWAGON WA70 for delivery van applications. There also was plenty of talk about the future of the automotive market and the impact of new vehicle technologies.
What Maintenance Services are Recommended for My Acura?
Auto Alternative
JANUARY 31, 2025
Acura , Honda’s luxury vehicle division, was introduced in 1986 to compete in the high-end automotive market. If you’re wondering “what maintenance services are recommended for my Acura,” this guide will walk you through the key service milestones and help you keep your car in top condition.
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