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Vehicle inventory swings back, maybe too far

Auto Service World

After years of shortages, dealership lots are now overflowing with vehicles, marking a significant shift in the automotive market as supply catches up with demand. Automotive data company Cloud Theory reported this month that new vehicle inventory was up 23 per cent in 2024. Now the lots are full.

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CarData, Inc., Velocity Automotive Marketing Acquire Tristar Digital Services

AutoSuccess

in partnership with Velocity Automotive Marketing , announced its expansion intoSouthern Californiathrough the acquisition ofTristar Digital Services. Velocity Automotive Marketing Acquire Tristar Digital Services appeared first on AutoSuccessOnline. CarData, Inc. , It’s a win-win for everyone.”

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Understanding the Effects of the Current Hybrid and Electric Vehicle Mechanic Shortage

Automotive Training Centre

As the automotive industry accelerates towards hybrid and electric vehicles (EVs), a new challenge has emerged: a significant shortage of qualified hybrid and electric vehicle mechanics to service these advanced vehicles. Fewer hybrid and electric vehicle mechanics mean longer repair wait times for EV owners.

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Deceived Fisker Ocean Owners Get an Offer They Can't Refuse From JPMorgan Chase

autoevolution

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. ) Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process.

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In Automotive Training? Explore Honda and Nissan’s New Deal

Automotive Training Centre

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. This initiative is set to leverage the strengths of both brands in creating more efficient, technologically advanced vehicles.

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In Automotive School? Learn How China Is Leading The Charge In Affordable EVs

Automotive Training Centre

The electric vehicle (EV) revolution is in full swing, and it has a fascinating global battleground for market dominance. As seen in automotive school , Tesla has long been a household name, and a new wave of Chinese automakers are challenging the status quo. Several factors contribute to China’s leadership in this area: 1.

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Live Chat Revs Up Automotive Marketing in 2024

AutoSuccess

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 Once again, belts are being tightened in some areas while spending in other areas, such as marketing, is rising out of necessity.