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Benefits of Outsourcing Title Work

AutoSuccess

Have you ever downloaded the title clerk’s training manual from your state DMV? In today’s competitive automotive market, efficiency must be a priority. The role is considered tedious and low paying by many of today’s job candidates’ standards. Training an inexperienced title clerk takes time, patience and resources.

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Lotlinx launches Vincensus Report for monthly/quarterly look at market data

Auto Remarketing

The inaugural Vincensus Report, available for download here , shows used vehicle sales volume in the first quarter of 2024 was up 11% from the previous quarter – not surprising since demand rose 19% in that span – while inventory dropped to 40 days’ supply, down by nine days.

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Cox study shows dealership service lanes losing market share, consumer trust

Auto Remarketing

There is a general expectation that EVs don’t require service or have minimal service needs, but that is not the case,” Cox Automotive market and customer research manager Kayla Reynolds said. The post Cox study shows dealership service lanes losing market share, consumer trust appeared first on Auto Remarketing.

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Lotlinx Unveils Vincensus

AutoSuccess

Vincensus is a monthly and quarterly syndicated report crafted to demonstrate the state of automotive inventory across major OEMs. ” Click here to download the inaugural Q1 Vincensus Report. This approach not only highlights relative performance metrics, but will also demonstrate where buyer demand is.

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Cox survey finds dealer sentiment stable – at a pessimistic level

Auto Remarketing

In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said.

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What The Q1 Inventory Management Data Means for Today’s Successful Auto Retailers

AutoSuccess

This level of insight has never been available before because dealers now have access to comprehensive, market and competitive data for every vehicle on their lot, enabling dealerships to easily inform strategy and decision making for each VIN or vehicle segment (ex: condition, body style, model).

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Lotlinx: Q3 shows high day supply, largely aging vehicle inventory

Auto Remarketing

The entire report that offers insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences and markdown/pricing strategies can be downloaded here.

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