This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As new vehicle inventory continues to grow and sales slow, manufacturers and dealers are expected to offer higher incentives to keep cars and trucks moving off lots in 2025. New vehicle inventory reached 3.23 At the same time, the average days to move a vehicle jumped from 51 days to 71 days, the group reported.
One critical tool in achieving this is the truck dispatch log book. The logbook is a crucial document offering a comprehensive record of a Commercial Motor Vehicle (CMV) driver’s activities over 24 hours. This blog post provides a succinct introduction to log books for dispatch training.
The used vehicle market is facing significant supply challenges and a course correction isnt expected for many years to come. Daniel Ross, senior manager of industry insights and residual value strategy at Canadian Black Book described the current state of the used vehicle market as a “horror story.”
It may be well ingrained in automotive repair shops but the practise of moving customers’ vehicles in and out of the bays is one that needs to end, a shop coach urged. Image this scenario: You’ve performed an inspection on a vehicle. Instead, Beech recommends bookingvehicles for the full day rather than rushing through services.
Digital Customer Experience: Mobile apps and online platforms will streamline appointment booking, service tracking, and payment processes. Rise of Electric and Autonomous Vehicles The growing presence of electric and autonomous vehicles (EVs and AVs) is transforming auto detailing requirements.
Spring Car Care Month (00:02:43) April is highlighted as Spring Car Care Month, emphasizing vehicle maintenance and customer education. Car Care Clinics (00:03:11) Hosts suggest hosting car care clinics to engage customers and educate them about vehicle maintenance.
The monthly new-vehicle average transaction price (ATP) report from Cox Automotives Kelley Blue Book was just released. Key takeaways from February include: The estimated February new-vehicle ATP from Kelley Blue Book was $48,039, a year-over-year gain of 1.0%, but lower by 1.3% from January. of ATP, or roughly $3,392.
A technician who has received training directly from a vehicle manufacturer whether it be a class or by reading an OE book is considered a factory-trained tech as far as a shop coach and owner is concerned. If BMW is offering two years warranty on their vehicles, then a shop specializing in those vehicles should offer three.
but they may be surprised to know that depreciation can be one of the biggest expenses they will encounter while owning a vehicle. Many new-car buyers do not realize that depreciation often is the greatest expense incurred by drivers during the first five years of vehicle ownership. Resale value for new vehicles can vary greatly.
New vehicle prices remained lower year-over-year for the eighth consecutive month in the U.S. According to Kelley Blue Book, the average transaction price (ATP) for … The post New prices decline in U.S. as of May, as higher inventory levels continued to exert downward pressure on transaction prices.
Barring some significant change, one industry observer doesn’t believe battery electric vehicles will ever be affordable enough for most Canadians to buy brand new. Speaking at the Canadian Black Book Talk Auto conference near Toronto in the fall, Guido Vildozo, … The post Will BEVs ever be affordable enough for most?
vehicle buyers chose to go electric last year, according to the latest data from Kelley Blue Book, a Cox Automotive company. Electric vehicles (EVs) represent the fastest-growing car sales category, holding a 7.6% vehicle market in 2023, up from 5.9% The post Kelley Blue Book: Americans Bought Nearly 1.2
vehicle buyers chose to go electric last year, according to the latest data from Kelley Blue Book, a Cox Automotive company. Electric vehicles (EVs) represent the fastest-growing car sales category, holding a 7.6% vehicle market in 2023, up from 5.9% The post Kelly Blue Book: Americans Bought Nearly 1.2
New vehicle prices were mostly flat overall year-over-year as increases and cuts balanced each other out. Kelley Blue Book noted that the average transaction price for a new vehicle in August was up only $42 compared to the same time … The post How car prices avoided jumping in the U.S.
Suzuki introduced a four-door in some markets like India , South Africa, and Australia in 2023, and Suzuki finally opened the order books for Japanese-market four-door Jimnys Read more. The rugged little Suzuki Jimny, briefly sold in the U.S. as the Suzuki Samurai, was strictly offered as a two door since its introduction in 1970.
Those are not necessarily words used to describe the used-vehicle market over the last five years, but 2024 closed with analysts calling wholesale price patterns exactly that. TO READ THE FULL STORY BECOME A MEMBER Login The post Wholesale vehicle prices back to ‘more normal’ patterns appeared first on Auto Remarketing.
If youve ever wondered how to stop attracting vehicles that dont fit your vision or how to cater to clients who value exceptional care, this episode is for you. Understanding Clientele (00:02:25) Brian explains the challenges of attracting higher-end clients versus those with older vehicles.
National Plan for Vacation Day (30:55) Promoting pre-trip inspections to ensure vehicle readiness for vacations. New Year, New Performance (32:51) Campaign idea for a New Year’s performance checkup for vehicles. Family Fleet Service Package (37:40) Campaign to encourage servicing multiple family vehicles at the same shop.
The average transaction price (ATP) paid for a new vehicle in the U.S. in October was $48,623, according to new data from Kelley Blue Book. For more than a year now, new-vehicle prices in the U.S. For more than a year now, new-vehicle prices in the U.S. from year-earlier levels ($47,826). of the ATP in September to 7.7%
For car dealerships, efficient vehicle transport is not just a logistical concernit’s a critical component of business success. Whether moving inventory between locations or delivering vehicles to customers, dealerships can benefit significantly from adopting optimized transport strategies.
Join Brian Walker and Caroline LeGrand as they share engaging, practical ideas for February’s marketing—from fun Valentine’s Day campaigns that show love to your customers and vehicles, to creative ways to highlight your shop’s culture.
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. This indicates a strong performance in the auction market.
High interest rates have further influenced consumer behaviour, prompting many to prioritize maintaining and repairing their existing vehicles over purchasing new or even used ones. Indeed, its becoming prohibitively troublesome to replace your vehicle these days. Technological advancements are rapidly transforming the industry.
New vehicle prices in December climbed higher for the fourth consecutive month and were close to the all-time high marked in December 2022. Average transaction prices (ATPs), as measured by Cox Automotives Kelley Blue Book , typically peak in December, as high-priced models from luxury makers often sell well in the final month of the year.
Industry observers releasing wholesale vehicle price indices last week noted uncertainty and surprises in the market to begin the year. At Black Book, the Used Vehicle Retention Index came in at 146.3 Unresolved issues include tariffs, interest rates and incentives for electric vehicles. last month, down 1.2%
Incentives on new vehicles: remember those? of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. Theyre back in a big way. After hitting a trough of 2.9% That was especially evident towards the end of 2024.
With human error accounting for more than 90 per cent of road traffic accidents, the push toward autonomous vehicles is gaining momentum as a crucial measure to enhance road safety. The ultimate goal is Level 5 autonomy, where vehicles will operate entirely without human intervention. and Chinese cities.
The study highlighted the growing satisfaction among electric vehicle (EV) buyers, who are leading the way in satisfaction during the car-buying process. ” New-vehicle buyers reported a record 75 per cent satisfaction rate with the overall shopping experience, the highest in the study’s history.
A new report highlighted just how much cheaper electric vehicles need to get in Canada to reach mandated sales levels. Last December, the federal government unveiled its Electric Vehicle Availability Standard, which outlines zero-emission vehicle sales targets for automakers.
Weekly wholesale vehicle price declines are outpacing pre-pandemic norms. However, the depreciation for the week ending June 15 wasn’t nearly as steep as the prior week’s, according to the latest Market Insights from Black Book. The slowing of depreciation this week suggests a stabilizing market,” Black Book said in the report. “The
One Guard Inspections , a member of the Repair OnDemand family, introduces Priority Inspections, a faster, more flexible alternative to traditional vehicle inspections. This service helps dealerships and repair shops accelerate repair decisions, minimize vehicle downtime and improve workflow efficiency.
Autoflow is a cloud-based, comprehensive, timesaving tool delivering digital, paperless solutions for workflow management, communication, service and follow-up reminders, digital vehicle inspections , work orders, quality control, and rewarding customer loyalty.
General Marketing Themes (00:02:00) Overview of summer-related topics, tax return spending, and pre-trip inspections for vehicles. National Odometer Day (May 12th) (00:11:42) Ideas for a fun contest involving vehicle odometer readings to engage customers.
Thats where Soleras Service Suite comes init transforms how dealerships manage vehicle pick-up and delivery, ensuring customer satisfaction and boosting your bottom line. Real-Time Vehicle Tracking: Your staff and customers can track vehicles through a branded portal, dramatically reducing the number of ” Wheres my car?
More customers are expecting to be able to book service online, receive an online condition report with pictures explaining the repairs needed on their vehicle and interact via email or text messages. E-commerce also continues to be a key element for shops success.
Source: Feature in Ratchet and Wrench Magazine [link] Vehicle Delivery Process: The First Step to Your Next Sale Every fall I have my chimney cleaned. In essence, he performs what we know as a vehicle delivery process, or in Mike’s case, a chimney cleaning delivery process. Vehicle delivery is never a transaction.
Discover AutoCodes in Auto Mechanic Training AutoCodes is an essential app for understanding vehicle diagnostics. Students in auto mechanic training often encounter a variety of error codes while working with vehicles, and AutoCodes provides detailed descriptions, solutions, and repair advice for each code.
Car makers spend billions of dollars yearly on vehicle design and new model advertising. I have older friends who talk about the big department store Christmas catalogs theyd open across their laps, thumb through and dream of having so many desirous toys, clothes and other enticements inside that big Wish Book. billion this year.
Salvage value is the estimated remaining worth of a vehicle at the end of its “useful” lifespan. In such cases, the vehicle is typically sold for its salvage value, which is the amount a scrapyard or a salvage company is willing to pay for its usable parts and materials. What Is Salvage Value?
The picture of how wholesale used-vehicle prices behaved in October and what’s in store for the final two months of the year may very well depend on what data set you’re considering. Black Book’s Used Vehicle Retention Index came in at 161.0 Meanwhile, Cox Automotive’s Manheim Used Vehicle Value Index came in at 209.4
Designed to improve how technicians communicate repair findings during digital vehicle inspections (DVIs), this new feature helps shops deliver clearer, more professional recommendations that drive trust and speed up customer approvals. Technicians stay focused on what they do best: diagnosing and fixing vehicles.
September in the wholesale vehicle market was a departure from the earlier summer months, as cooler temperatures brought lower prices. Cox Automotive’s Manheim Used Vehicle Value Index for September came in at 203.0, Meanwhile, Black Book’s seasonally adjusted Used Vehicle Retention Index came in at 146.3 year-over-year.
Branch Automotive Overview (00:06:43) Parker describes the services offered at Branch Automotive and the types of vehicles they specialize in. Investment in Marketing (00:05:04) Discussion on the fear and necessity of investing in marketing for business growth.
Make sure your site is mobile-friendly and easy to navigate, as potential customers often research and book services on their smartphones. Consider running special promotions during slow periods to boost your bookings. For instance, a car dealership may refer customers to your detailing services when they purchase a vehicle.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content