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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. The survey found that operators are feeling pressure to adjust to a rapidly changing mobility ecosystem, driven by both consumer demand for sustainable solutions and government regulations promoting electric vehicles.

Retail 278
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EV infrastructure a global issue

Auto Service World

Key markets in the electric vehicle transition are falling behind in their stated goals for public charging infrastructure, according to the latest figures. This deficit in EV charging points represents a considerable opportunity for fuel retailers. That’s the golden opportunity for the existing fuel retail network,” Shankar observed.

Retail 277
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Used-car retail prices, surprisingly, aren’t climbing

Auto Remarketing

You would think that used-vehicle prices would be rising right now. TO READ THE FULL STORY BECOME A MEMBER Login The post Used-car retail prices, surprisingly, aren’t climbing appeared first on Auto Remarketing.

Retail 98
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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. Automotive companies are using AI algorithms to generate new vehicle designs and prototypes.

Retail 261
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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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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.

Car 130
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Avoid quickly turning around customers

Auto Service World

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 booking vehicles for the full day rather than rushing through services.