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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.
CARS magazine wrapped 2024 by handing out its prestigious Shop of the Year Award to Maidens Family Auto Care. Alan Beech takes a discussion from the falls Automotive Aftermarket Retailers of Ontario event and dives deeper into the need to be clear in your communication to customers when it comes to inspections. Not a subscriber?
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.
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
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!
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%.
As the first quarter of 2025 ended, all was calm for used-vehicle retail prices. But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. The report, based on data from the companys Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9%
He highlighted that more than 40 per cent of consumers reported purchasing private label or house brands for their cars. This private label might be a house brand for whatever retailer you have loyalty to that has very good brand recognition and the retailer stands behind it. You trust the retailer,” he explained.
CARS magazine reached out to leaders in the automotive repair and service sector of the automotive aftermarket to ask them about their thoughts about the industry over the next 12 months. John Cochrane, Executive Director | Automotive Aftermarket Retailers of Ontario The automotive service industry is at a crossroads.
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.
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
The rise of online car buying platforms represents a fundamental shift in consumer behaviour and expectations, according to analytics firm GlobalData, a trend that was further accelerated by the COVID-19 pandemic. Todays buyers demand a seamless, digital-first experience akin to what they encounter in other retail sectors.
With the rising prices of new vehicles, car owners are placing greater emphasis on maintaining their current vehicles. A survey of 2,000 American car owners, conducted by Talker Research on behalf of Pennzoil, found that 73 percent of respondents are taking better care of their vehicles as new car prices continue to climb.
Automotive coach Alan Beech told attendees of the Automotive Aftermarket Retailers of Ontario’s recent Trade Show & Training Event that it’s time to rethink the “quick turnaround” approach. Instead, Beech recommends booking vehicles for the full day rather than rushing through services.
With a focus on innovation and real-time customer experiences, the company aims to reshape the future of automotive retailing. A Mission to Redefine the Retail Experience AiAutos mission is to equip dealerships with tools that enhance efficiency, improve customer satisfaction and create seamless retail experiences.
of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. TO READ THE FULL STORY BECOME A MEMBER Login The post New-car incentives re-emerge to combat affordability crisis; analysts cautiously watching impact to used cars appeared first on Auto Remarketing.
The automotive retail landscape has dramatically changed in recent years. Todays car buyers seek experiences that make them feel valued and understood. 84% of recent car buyers agreed that their dealership experience influenced their buying decision. First impressions really do matter. Lets drive success together!
Cox Automotive showcased new retail and wholesale solutions designed to fuel the future of car buying and selling during NADA Show 2025, the National Automotive Dealers Association’s annual convention, in New Orleans. “These new retail enhancements emphasize our commitment to keeping dealers happy and competitive.
The slowdown in supply of later-model used vehicles is already having an impact in the retailcar market, according to industry analyses released this month. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%.
What’s interesting is that the seller (a dealer out of Sellersburg, Indiana) only recently reacquired the car from its previous owner. Originally, this retailed from $51,760, but the reserve not getting met. It recently failed to sell at auction where the highest bid only went as far north as $45,000. continue reading. )
When it comes to used-carretail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. As recently as the first quarter of 2022, that gap was just $8,950, Edmunds said.
So when they pay up and are on their way, they take a look at what was done to their car and havent got the slightest clue. Imagine that car belongs to your grandmother, said Alan Beech, an aftermarket coach and consultant with Beech Consulting. Does she even know where it is on the car?
On the retail side, J.D. Power said in data released Thursday that used-car prices have averaged $28,470 this month. The post How used-car prices are faring this month in wholesale, retail markets appeared first on Auto Remarketing. But their prices have “firmed” this month, he said. That’s down 5.4% year-over-year.
An overwhelming percentage of car dealers who use digital retailing tools are reporting encouraging results, according to the latest research by Cox Automotive. The top benefit of digital retailing, according to both dealers and customers, is the time saved, cited by 60% of dealers and 93% of shoppers.
It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. These are just some of the trends and data shared in the inaugural monthly Industry Insights Report from Cars Commerce released Thursday. Used-car demand fell 7.6%
As the world gradually emerges from the shadows of COVID-19, a significant shift in the carretail landscape is becoming increasingly apparent, particularly in the electric vehicle sector. Dealerships that embrace this change are poised to thrive in the new era of automotive retailing.
retail locations. including Caliber Auto Care, Lamb’s Tire & Automotive, Tate Boys Tire & Service, Driver’s Edge Complete Car Care, TGK Automotive Specialists and more. The post Sun Auto to integrate Anyline’s tire technology at its retail locations appeared first on Tire Review Magazine.
How Dennis Dillon Auto Group Built a Winning Private-Party Buying Program Most car dealers think the best used vehicles are found at auctions. We talked with their used car manager, Bryan Bough, about their private-party buying program. They didnt just tweak their existing process; they completely reinvented how they acquire used cars.
With prices up on almost all consumer goods, including tires and gas, anyone who drives, sells or repairs cars can benefit from lower priced high-quality used tires. Headquartered in West Mifflin, Pennsylvania, Champtires sells tires across the continental United States and at two retail locations in the Pittsburgh, PA region.
The “dramatic” declines in used electric vehicles last month no doubt caused some head-scratching for those in the business of remarketing or retailing these cars, but the near 32% drop may open up some opportunities for consumers and dealers alike.
retail locations. including Caliber Auto Care, Lamb’s Tire & Automotive, Tate Boys Tire & Service, Driver’s Edge Complete Car Care, TGK Automotive Specialists and more. The post Sun Auto to integrate Anyline’s tire technology at its retail locations appeared first on Tire Review Magazine.
While the groundhog hasn’t delivered his forecast yet, it seems spring might be on the way in the wholesale car market. For three consecutive weeks, the overall wholesale market has exhibited a slowdown, with reduced depreciation rates recorded in both the car and truck segments,” the report said. year-over-year.
Nate practically grew up in the shop, changing tires and fixing cars. Expanding Under Nates Leadership Under Nates leadership, Zolman’s Tire has expanded to eight retail locations and four commercial truck centers. He has competed with national chains, online retailers, and industry giants.
Zakari Krieger is the Fix Network, Canadian vice president of Prime CarCare, responsible for the Canadian retail business, encompassing the Speedy Auto Service and Novus Auto Glass business lines This article originally appeared in the December 2024 issue of CARS magazine.
Whether you prefer the fast-paced environment of a dealership, the autonomy of a retail repair shop, the creativity of a specialty shop, the challenge of heavy-duty truck repair, or the freedom of owning your own business, there is an exciting and fulfilling career waiting for you.
Members of the Ontario Aftermarket Retailers Association and the Ontario Automotive Aftermarket hit the links in support of AIA Canada’s High Fives for Kids Foundation. View this post on Instagram A post shared by Cars Magazine & Jobber News (@autoserviceworld) Bestbuy’s Andy Murphy hosted the post-golf dinner.
Canada’s online share of overall retail sales was around 12 per cent in 2024, based on data from eMarketer. America has become an increasingly retail-driven market in the last couple of decades with the ascendance of the big four players: AutoZone, NAPA, Advance Auto Parts and O’Reilly. Compared to about 16 per cent in the U.S.,
The pads create the friction that stops the car, while the rotors help control the braking process. This article originally appeared in the December 2024 issue of CARS magazine. Replacing them ensures safer, smoother stops.
Tom Castriota addressed the countrys franchised new-car dealers for the first time as the NADA chairman at the NADA Show 2025 , setting the tone for a year of advocacy and emphasizing the community impact of dealerships. auto retail industry and franchised dealer network. But you are also part of something bigger the U.S.
izmocars has launched izmoemporio , a revolutionary digital retail enablement platform that elevates the online car shopping experience. Today’s digital retail solutions often assume that car buyers have already decided on the exact vehicle they wish to purchase.
Many of the businesses present at these events (including new car dealerships, aftermarket stores, and collision repair facilities) are the same companies that hire parts specialists, counterpersons, and warehouse clerks. Networking With Potential Employers One of the biggest advantages of attending a trade show is the opportunity to network.
Reflecting on the macroeconomic environment in 2024, the start of 2024 saw mechanical retail service locations performing well. How economic uncertainty will impact auto service The mechanical automotive service market in Canada faced significant challenges in 2024 and appears poised for continued turbulence as we head into 2025.
Retail used-car shoppers may want to strike while the irons hot. Especially considering what could be on the horizon in the wholesale used-car market. TO READ THE FULL STORY BECOME A MEMBER Login The post Used-carretail prices get some relief, but supply challenges persist appeared first on Auto Remarketing.
million Google customer reviews among 18,000 American new-car dealers in 2023 and 24, using artificial intelligence to find and analyze trends in customer experience at scale. Google reviews continue to have a critical impact on brand reputations, particularly in the retail automotive industry, Widewail CEO Matt Murray said.
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