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As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 AutomotiveMarket Report , the automotivemarket has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs.
Below are the key benefits and strategies for utilizing the NADA Show effectively. Access to Cutting-Edge Industry Insights NADA Show provides dealers access to the latest trends in automotive retail, including shifts in consumer behavior, advancements in technology and regulatory updates. Benefits of Dealerships Attending NADA 1.
Last week was quite full of surprises across the American automotivemarket. Secondly, Rivian gave us another couple of all-new electric models aside from the confirmed R2 sport utility vehicle. First, Dodge gave us two body styles for the next-gen Charger instead of one.
One of the things I advise clients to do is use their business management system and utilize the Referrals and Source feature. Very few Automotive Service and Repair Shops are qualified to do their own marketing, successfully. It would be like me owning a restaurant and working on my 2020 BMW for an electrical issue.
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