autoevolution

MARCH 12, 2025

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.

Banking 96

Banking Finance Automotive Marketing Automotive 96

Auto Service World

MARCH 4, 2025

The 2024 Car Buyer Journey (CBJ) Study by Cox Automotive said these high lelevls of satisfaction are being driven by advancements in digital tools that seamlessly integrate online and in-dealership activities. In 2024, improving sales incentives and a wider selection of new-vehicle inventory also contributed to increased satisfaction.

Car 130

Car Finance Vehicle Automotive 130

Auto Remarketing

JANUARY 8, 2025

For stakeholders in the automotive industry, particularly in the used car market, understanding how blockchain can reshape the sector is not just about keeping pace it’s about seizing opportunities for efficiency, transparency, and growth. Automate compliance: Regulatory compliance in finance is often complex and time-consuming.

Automotive 52

Automotive Finance Consulting Education 52

Automotive Training Centre

JANUARY 23, 2024

In the fast-paced world of auto sales, a dealership’s ability to succeed depends not only on the caliber of the vehicles it offers but also heavily on the abilities and teamwork of its sales staff. Are you interested in automotive sales courses ? Contact ATC Toronto for more information. Contact ATC Toronto for more information.

Service Advisor 261

Service Advisor Finance Auto Mechanic Training Management 261

AutoSuccess

MARCH 10, 2025

Predictive analytics and automation simplify operations and boost efficiency across automotive OEMs. Artificial Intelligence (AI) has significantly improved two key areas of the automotive industry: consumer satisfaction and the employee satisfaction rates. In fact, it is the next horizon that simply cannot be ignored.

Automotive 52

Automotive Manufacturing Software Management 52

Auto Service World

FEBRUARY 20, 2025

With the global vehicle repair and maintenance market steadily growing, building a scalable, well-structured business is essential for long-term success. Plan Your finances strategically Financial planning is critical for managing startup costs, operational expenses, and long-term investments.

Electric Vehicles 130

Electric Vehicles Management General Repair Electricity 130

AutoSuccess

JANUARY 20, 2025

Cox Automotive Inc. As the automotive industry remains stable yet faces major market shifts in the coming year related to fair financing, vehicle electrification and omnichannel buying, dealers must prioritize compliance to protect consumers and themselves from risks.

Automotive 52

Automotive Retail Finance Automobile 52

Automotive Training Centre

FEBRUARY 23, 2024

The role of an automotive service advisor is pivotal within the automotive service industry. This professional acts as a bridge between customers and the technical team that services vehicles. Are you ready to start automotive training ? Explore four best practices for processing payments after service advisor training.

Service Advisor 254

Service Advisor Automotive Services Auto Mechanic Training Management 254

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 130

Electric Vehicles Used Cars Electricity Vehicle 130

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.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

CATI

DECEMBER 26, 2024

It offers the chance to combine your passion for vehicles with the independence of running your own business. Technical Expertise in Auto Body Repair You need a deep understanding of vehicle repair and restoration to run a successful auto body shop. The idea of starting your auto body shop is exciting.

Auto Body Shop 96

Auto Body Shop Technical IT Collision Repair 96

CATI

DECEMBER 7, 2023

Even with the natural abilities it takes to excel in management, if you’re looking to bring your expertise to the ever-changing automotive industry, it’s necessary to follow certain best practices when taking the lead whether you decide to work in a dealership, repair shop, or warehouse. How should you go about doing so?

Automotive 103

Automotive Management Finance Customer Service 103

Auto Remarketing

JULY 30, 2024

Perhaps it’s jumping to conclusions, but the only segment in Black Book’s tracking to squeeze out a wholesale value uptick last week might relate to vehicles in position to solve one of the pressing current challenges to get cars financed and retailed.

Vehicle 105

Vehicle Retail Finance Used Cars 105

AutoSuccess

NOVEMBER 26, 2024

Studies reveal that 80% of consumers avoid answering calls from unknown numbers, and this reluctance is especially strong in the automotive industry, where potential buyers fear high-pressure tactics. Customers often associate unsolicited calls with unwanted sales pitches or scams. This approach sets a positive tone for the interaction.

Finance 95

Finance Car Dealership Management Automotive 95

AutoSuccess

OCTOBER 16, 2024

As data breaches and cyber threats are more prevalent than ever in the automotive industry, the importance of data privacy and the sense of urgency of implementing solutions cannot be overstated. The automotive industry, however, is only beginning to catch up. We started out operating in those industries.

Finance 52

Finance Automotive Insurance Manufacturing 52

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.

Vehicle 98

Vehicle Insurance Finance Used Cars 98

AutoSuccess

JANUARY 9, 2024

I was raised in my automotive beginnings to know that if the customer didn’t drive the car, management would not give approval to ask the customer to purchase. is rather obvious on pre-owned vehicles, since no two pre-owned vehicles are exactly the same and they have wear and tear that new vehicles do not.

Vehicle 116

Vehicle Retail Banking Finance 116

CATI

OCTOBER 26, 2023

The automotive industry, often visualized by roaring engines, sleek designs, and the thrill of the open road, has another equally important facet that often operates behind the scenes but plays a critical role in the overall customer experience – the service advisor. This means breaking down technical jargon into comprehensible insights.

Service Advisor 91

Service Advisor Automotive Technical Finance 91

AutoSuccess

JANUARY 31, 2025

CarJazz.ai , a groundbreaking innovation in automotive retail, announced its debut as the worlds first fully AI-assisted local dealer marketplace. CarJazzs advanced natural language recognition allows shoppers to interact with vehicles as if they were speaking to a knowledgeable friend. or What is your MPG?

Finance 52

Finance Retail Car Vehicle 52

AutoSuccess

OCTOBER 10, 2024

Credit unions remain cautiously optimistic about the auto finance landscape through the end of 2024. Most do not anticipate improvements in liquidity and delinquency crises or significant impacts from lowered interest rates until mid-2025, as per CULA’s recent “Future of Auto Finance – The Next Six Months” survey.

Finance 52

Finance Vehicle Electric Vehicles Electricity 52

Tire Review Magazine

JANUARY 15, 2025

Supporting Careers in the Automotive Aftermarket Industry Since 1986, UAF has awarded millions of dollars in scholarships to thousands of students pursuing technical and professional careers in the automotive aftermarket. UAF helps pave the way for the next generation of automotive aftermarket leaders, Barna said.

Education 52

Education Technical Finance Automotive 52

Tire Review Magazine

JANUARY 15, 2025

Supporting Careers in the Automotive Aftermarket Industry Since 1986, UAF has awarded millions of dollars in scholarships to thousands of students pursuing technical and professional careers in the automotive aftermarket. UAF helps pave the way for the next generation of automotive aftermarket leaders, Barna said.

Education 52

Education Technical Finance Automotive 52

AutoSuccess

AUGUST 30, 2024

The automotive industry is increasingly adopting artificial intelligence (AI) to enhance lead follow-up processes. Automated Follow-Up Messages One of the most impactful uses of AI in automotive lead follow-up is the automation of personalized messages. Here are five powerful examples of how AI is being utilized: 1.

Automotive 83

Automotive Finance Management Media 83

AutoSuccess

NOVEMBER 15, 2024

With so many dealership employees involved in customer communications over the phone — whether it be sales, service, finance, you name it — it can be hard to conceive of bringing these communication channels together. The company also created TestTrack, the automotive industry’s first AI-powered, immersive, customizable training platform.

Tire Rotations 97

Tire Rotations Oil Change Automotive Finance 97

CATI

NOVEMBER 9, 2023

Although most people walk through the doors of a dealership or showroom to purchase a vehicle, ultimately getting them to sign the dotted lines still requires the talents of a skilled salesperson. Here are five essential skills you’ll develop after undergoing automotive sales training. Buying a car is a significant investment.

Automotive 74

Automotive Customer Service Management Finance 74

AutoSuccess

FEBRUARY 5, 2025

Mavsign’s integration with RouteOne integration transforms the vehicle transaction process by integrating RouteOne’s finance and insurance platform with Mavsign’s advanced remote signing and verification capabilities, delivering unparalleled efficiency and security.

Finance 52

Finance Insurance Retail Vehicle 52

AutoSuccess

FEBRUARY 17, 2025

How Dennis Dillon Auto Group Built a Winning Private-Party Buying Program Most car dealers think the best used vehicles are found at auctions. No matter how the market shifts, youll always have a steady channel of vehicles coming in. To address this, they adopted VETTX , a private-party vehicle management platform. Theyre wrong.

Car 90

Car Management Vehicle Used Cars 90

AutoSuccess

APRIL 23, 2024

Xcite Automotive announced its acquisition of Pinnacle Automotive, including its Diamond Dealer Services and Diamond Digital PRO platforms. The move underscores Xcite’s commitment to driving efficiency and innovation in vehicle management for dealers, groups, OEMs and fleet companies.

Automotive 52

Automotive Management Finance Vehicle 52

AutoSuccess

NOVEMBER 1, 2024

Consumers filed 2,821 consumer complaints in the “vehicle loan or lease category” between June 1st, 2024, and September 1st, 2024. The CFPB has been intensifying its efforts to combat what it terms “junk fees” across various financial products and services, including those in the automotive industry.

Finance 52

Finance Insurance Automotive Management 52

AutoSuccess

MARCH 4, 2025

He also drafted and redrafted a generic suite of all the consumer-facing documents needed to underwrite a vehicle transaction for dealers. In 1994, he drafted Florida Statute, Chapter 521, Motor Vehicle Lease Disclosure Act, the first lease disclosure statute of its kind, providing basic disclosures.

Finance 40

Finance Education Retail Insurance 40

Auto Remarketing

OCTOBER 3, 2023

High vehicle prices and interest rates are delivering an economic one-two punch that is being felt throughout the used-vehicle ecosystem. Think consumer financing and monthly payments, dealership inventory and certified used vehicles, and residuals and repossessions. 6-9 in Scottsdale, Ariz. 6-9 in Scottsdale, Ariz.

Finance 96

Finance Used Cars Vehicle Automotive 96

AutoSuccess

FEBRUARY 20, 2025

These rates add significant cost burdens to car buyers, especially when compared to average monthly car payments, which stood at $737 for new vehicles and $520 for used vehicles according to Experians State of the Automotive Finance Market Q3 2024.

Insurance 52

Insurance Finance Retail Vehicle 52

Auto Remarketing

JANUARY 24, 2025

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck.

Trucking 52

Trucking Finance Used Cars Automotive 52

AutoSuccess

SEPTEMBER 26, 2024

With a career spanning my entire adult life in the automotive industry, I have witnessed firsthand the gradual evolution of retail (where I began), which has been greatly accelerated by the COVID-19 pandemic. Consumer behavior has changed dramatically, necessitating a corresponding adaptation within the automotive sector.

Automotive 52

Automotive Retail Finance Management 52

AutoSuccess

MAY 8, 2024

According to Cox Automotive, the new vehicle inventory supply is near its highest point since June 2020. At the same time, dealers are seeing triple-digit increases in floor plan expenses, mainly due to increased interest rates, according to Auto Finance News. For many auto dealers, 2024 is shaping up to be a challenging year.

Automotive Marketing 72

Automotive Marketing Automotive Finance Retail 72

Tomorrow's Technician

JANUARY 30, 2024

The foundation’s AutomotiveScholarshps.com and HeavyDutyScholarships.com websites are streamlined, mobile-ready portals with easy navigation and a simplified online application process for students interested in careers in the motor vehicle aftermarket. In 2023, 378 scholarships totaling $640,250 were awarded.

ASE 130

ASE Finance Education Automotive 130

AutoSuccess

APRIL 8, 2024

Jeff Wyler Automotive Family announced the first new car sold completely online with its WylerComplete tool. The Jeff Wyler Automotive Family launched WylerComplete in July of 2022, allowing shoppers to buy a used vehicle 100% online. Simply put, we are innovating for the future by always putting the consumer first.

Automotive 52

Automotive Car Finance Insurance 52