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.

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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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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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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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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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Auto Remarketing

OCTOBER 29, 2024

Here’s more evidence the used-car market is a complex place nowadays. 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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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. Manufacturing shutdowns, supply chain disruptions, and workforce constraints led to a significant drop in vehicle production.

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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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Auto Remarketing

JUNE 12, 2024

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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AutoSuccess

AUGUST 20, 2024

Accountability starts with clear and objective information, and vague statements like “it’s the market” don’t cut it. The truth is that there are very real market forces at play, which absolutely impact consumer interest, vehicle affordability, challenges desking deals and challenges running a profitable dealership. The result?

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