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.
Vehicle inventory swings back, maybe too far
Auto Service World
JANUARY 24, 2025
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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Understanding the Effects of the Current Hybrid and Electric Vehicle Mechanic Shortage
Automotive Training Centre
MAY 15, 2024
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.
Canadians willing to wait for the vehicle they want
Auto Service World
JULY 25, 2024
If the trends in built-to-order vehicles are any indication, Canadians are willing to wait for the vehicles they want. Amid the semiconductor shortage of 2021-23, a significant trend emerged in the Canadian automotive market: build-to-order (BTO) vehicle purchases.
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Dealers say they have too many ZEVs
Auto Service World
JUNE 14, 2024
The Canadian automotive market has grappled with a significant lack of new vehicle inventory since early 2021. While these shortages have largely eased and inventory levels are beginning to normalize, the full story is more nuanced.
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 The post Live Chat Revs Up Automotive Marketing in 2024 appeared first on AutoSuccessOnline.
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.
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.
Creating Predictable Profit in a Volatile Automotive Market
AutoSuccess
NOVEMBER 21, 2024
However, amid these challenges, used vehicle sales present a bright spot. While the broader market may struggle, used car sales have remained steady, providing a significant opportunity for dealerships to focus on areas within their control to drive more predictable profit.
In Automotive School? Learn How China Is Leading The Charge In Affordable EVs
Automotive Training Centre
JUNE 5, 2024
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. BYD Seagull: The Tesla Killer?
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How Automotive Market Analysis Can Save You Money
The Mechanic Doctor
JANUARY 4, 2024
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. This is a process of researching and comparing the prices, features, and quality of different cars in the market. Automotive market analysis can save you money in several ways.
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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2025 Toyota Celica and MR2 Spring Back to Life, Albeit Solely Across Imagination LandÂ
autoevolution
AUGUST 8, 2024
The Japanese automaker is doing great across the US automotive market – after the first six months of the year, it was merely 103k vehicles behind the General Motors leader – because of its diversified model portfolio. While Toyota Motor North America. continue reading. )
Inventory Management Tools Drive a Successful Used Vehicle Strategy
AutoSuccess
JANUARY 29, 2024
The onset of COVID-19 also brought unprecedented changes, especially in managing their used vehicle inventory. This ever-evolving landscape has necessitated not only a keen eye on market trends but also clear and effective communication with clients about these ongoing changes.
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Navigating the shift: Key insights from the Lotlinx Q3 2024 Automotive Market Report
Auto Remarketing
DECEMBER 11, 2024
As we look back on Q3, the automotive market has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10% sales increase for new vehicles despite challenges like the CDK Global cyber incident. Q3 brought a renewed focus on managing inventory.
Reborn 2025 Chevy Impala Goes Hybrid to Help the Virtual Realm Fall In Love With It
autoevolution
JANUARY 11, 2024
General Motors retained the overall sales crown of the US automotive market last year with almost 2.6 million vehicle deliveries. However, the competition wasn't too far behind them. Toyota issued a barrage of introductions last year, but it hasn't released all of them. continue reading. )
Reborn 2025 Subaru BRAT Seeks to Digitally Challenge the Refreshed AWD Maverick Hybrid
autoevolution
AUGUST 28, 2024
The Japanese automaker Subaru has done spectacular business across the US automotive market as of late – in July, it nailed the 24th consecutive month-over-month growth, for example! continue reading. )
2024 Lexus GX 550 Build Project Looks Menacingly Dark on Matching Off-Road WheelsÂ
autoevolution
AUGUST 2, 2024
The local Lexus division, along with its parent company Toyota Motor North America, is doing great in the US automotive market – after the first six months of the year, they rose to an impressive 1,186,647 units, a jump of 14.3%, and now stand just a little over 103k vehicles shy of the market leader &a.
First-Ever 2025 Toyota Tacoma EV Comes from Imagination Land Rather Than Real World
autoevolution
AUGUST 8, 2024
The Japanese automaker Toyota is doing swell in the US automotive market – they're actively chasing down General Motors for the crown and throne in 2024 while also diligently catering to their vast portfolio of models. continue reading. )
Toyota Corolla Cross Pickup Truck: Want It Rugged Like Maverick or Stylish as Santa Cruz?
autoevolution
OCTOBER 13, 2023
The Japanese automaker is struggling to regain the top dog position in the US automotive market from General Motors, and so far, with all its best efforts, it has been futile. continue reading. )
All-New 2025 Nissan Xterra Comes Back Virtually to Fight 4Runner, Bronco, Wrangler
autoevolution
JANUARY 22, 2024
The Japanese automakers did great across the US automotive market last year – Toyota sold 2.24 million vehicles, Honda delivered 1.3 million units, and the local division of Nissan bagged 899k vehicles to their Excel sheets. continue reading. )
Hypothetical Subaru Forester 'Ute' Solves the Baja or BRAT Conundrum, Looks Spot On
autoevolution
JANUARY 18, 2024
Last year, the US automotive market's sales rebounded fully and registered the best performance since the pandemic – around 15.5 million vehicles, according to Reuters, citing data released by Wards Intelligence and figures from consultant Cox Automotive.
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2025 GMC Yukon Arrives Early to Expose Its Subtle Updates Across Imagination Land
autoevolution
JANUARY 10, 2024
General Motors just wrapped 2023 as the largest domestic and in terms of overall sales across the US automotive market – it sold almost 2.6 million vehicles compared to Japanese automaker Toyota's 2.24 million and Ford's close to 2 million. The performance wa. continue reading. )
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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Imagined Acura TLX Type S Sport Wagon Might Be Better Than Any High-Performance CUV
autoevolution
JANUARY 16, 2024
The namesake Honda brand led the assault on the US automotive market with deliveries of 1,162,531 vehicles, soaring no less than 32% on the back of continu. At the end of 2023, American Honda reported sales of more than 1.3 million units, jumping no less than 33% compared to the same period of 2022. continue reading. )
1964 Mercury Comet Sitting in a Field Flexes V8 Muscle, Looks Complete
autoevolution
DECEMBER 5, 2023
The Comet was still a new presence in the automotive market in 1964, but Mercury decided it was ready for a second generation. The 1964 model year greeted the Comet with a redesign that made it look boxier, with the carmaker trying to make the vehicle feel fresh in every regard. continue reading. )
2025 Subaru Baja Is Born Again as a Hybrid to Scare the Mavericks of Imagination Land
autoevolution
JANUARY 11, 2024
Just like many other automakers (one stark exception was Stellantis, for example) active in the US automotive market, Subaru of America ended 2023 with total sales registering a positive development. The tally jumped 13.6 continue reading. )
Executive Spotlight with Shane Bigelow of CHAMP Titles
AutoSuccess
AUGUST 13, 2024
By moving to a fully digital system, states can streamline processes, reduce fraud and meet the growing demand for online vehicle sales. The interview emphasizes the need for auto dealers to adopt digital solutions to stay competitive and meet consumer expectations in the evolving automotive market.
Revving Up Your Auto Shop Marketing with Programmatic Advertising: A People-Based Approach
Business Actualization
MARCH 6, 2024
Targeting is not static, limited to targeting households based on income or the types of vehicles owned. Business Actualization offers automotive-specific digital marketing expertise, a custom approach tailored to each client's unique market, and a transparent strategy that demystifies programmatic advertising.
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ASA Adopts Position Statement on Vehicle Consumer Choice
AutoInc.
AUGUST 16, 2024
We just want to make sure that our members are in a position to service the vehicles that enter their facilities. Environmental Protection Agency (EPA) recently finalized rules that will dramatically increase the proportion of vehicles on the road that are EVs. Technically, they are correct. It has also spent $78.4
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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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Lotlinx Q3 Report Reveals High Day Supply, Largely Aging Vehicle Inventory
AutoSuccess
OCTOBER 25, 2024
Lotlinx ’s Q3 Quarterly Vincensus Report, which 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, is now available. Click here to access the full Q3 Quarterly Vincensus Report.
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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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Internalizing Outside Expenses: A Strategic Approach to Recon of Used Vehicles
AutoSuccess
JUNE 27, 2024
The reconditioning process of used vehicles plays a crucial role in maximizing profits and ensuring dealership customer satisfaction. The recon process encompasses a range of tasks aimed at refurbishing used vehicles to meet quality standards and enhance their market appeal. Efficiency and cost-effectiveness are essential.
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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. Transparency: Trustworthy dealers are typically forthcoming with information about their vehicles.
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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.
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.
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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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. over August 2023, with the vast majority of that increase coming from vehicles more than 7 years old.
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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. locations, streamlining inspections and vehicle appraisals through automated damage detection and reporting.
2026 Acura RDX Gets Rendered Early. Do You Dig the Subtly Enhanced Unofficial Looks?
autoevolution
AUGUST 2, 2024
The Japanese automaker Honda is doing well across the US automotive market. It could be doing marvelously, like Toyota, which is trailing GM by a little more than 100k vehicles after the first six months of the year. However, American Honda couldn't rise to a 14% surge. continue reading. )
Are Chrome Wheels Out Of Style?
Auto Service World
SEPTEMBER 1, 2024
These shiny marvels can significantly enhance your vehicle’s performance too. Primarily, their reflective finish adds a touch of glamour and luxury to any vehicle. If you’re looking for an evident dash of pzazz and flamboyance in your vehicle’s appearance, chrome wheels serve the purpose impeccably.
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Upcoming Colorful 2025 Honda CR-V Refresh Gets Unofficially Revealed From Inside-Out
autoevolution
JANUARY 24, 2024
million vehicles on the US automotive market, and much of the performance was owed to the namesake brand rather than its Acura premium division. Last year, Honda sold no less than 1.3 The Japanese automaker's American division expects the Honda brand to reach 1.3 continue reading. )
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