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How EV charging is key to fuel retailers’ future profitability

Auto Service World

Fuel retailers view electric vehicle charging as a critical part of their future business, according to a new survey. According to the latest data from the International Energy Agency (IEA), 71 per cent of new passenger cars and 72 per cent of new light-duty trucks and commercial vans in the U.S. million barrels per day.

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Used-car retail prices, surprisingly, aren’t climbing

Auto Remarketing

After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement.

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EV infrastructure a global issue

Auto Service World

This deficit in EV charging points represents a considerable opportunity for fuel retailers. Konect and Gilbarco Veeder-Root observed that existing fuel retailers are in a prime position to plug the gap, thanks to their optimum blend of location and amenities. “At

Retail 277
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Making sense of February’s used-car retail prices

Auto Remarketing

Is now the right time for used-car shoppers to strike? There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. month-over-month, prices for cars fell 0.9%.

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How Automotive Technology Retail Companies Are Testing Generative AI

Automotive Training Centre

This technology allows machines to produce content and solutions traditionally created by humans, significantly impacting automotive technology retail companies, including Tekion, TrueCar, Cox Automotive, and Car Now. Are you ready to start automotive technology courses ? Contact ATC Surrey for more information!

Retail 261
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Car buyer satisfaction reaches record highs

Auto Service World

Shopping for a new car has become more satisfying, according to a new study. 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.

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The winner of the 2024 Jobber of the Year is…

Auto Service World

View this post on Instagram A post shared by Cars Magazine & Jobber News (@autoserviceworld) And to stay focused on their key customers, they don’t accept any retail requests — everything is wholesale. Our customer base is on-hoist orders for automotive shops and we don’t really deal with retail at all,” Black explained. “We

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