Tomorrow's Technician

APRIL 1, 2024

Electric vehicle (EV) repairs: EVs are becoming more common in repair assessments. To download the full report, click here. The post CCC Report Analyzes Labor Pressures, Vehicle Complexity appeared first on Tomorrows Technician. Despite their youth, EV repairs carry higher costs, especially in labor.

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Vehicle Collision Repair Insurance Electric Vehicles 130

Tire Review Magazine

JULY 30, 2024

Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas , will plant more than 54,000 trees across the country as a result of the company’s second annual “Download the App, Plant a Tree” campaign. The post Bridgestone Retail Operations donates 54,000 trees appeared first on Tire Review Magazine.

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Retail Electric Vehicles Management Electricity 52

Tire Review Magazine

JULY 14, 2024

To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electric vehicles. The test can be completed online, ASE said.

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ASE Electric Vehicles Electricity Automotive Service Excellence 52

Tire Review Magazine

JULY 14, 2024

To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electric vehicles. The test can be completed online, ASE said.

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ASE Electric Vehicles Electricity Automotive Service Excellence 52

Tomorrow's Technician

DECEMBER 19, 2023

Last year’s report was downloaded 1,600 times with more than 500 citations in print and broadcast news coverage, academic papers and congressional hearings. The report also provides projections for the impact of electric vehicles on workforce needs, and recently added an analysis of aviation data over previous years.

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Auto Remarketing

DECEMBER 12, 2023

The study’s results are based on a survey conducted in the second half of 2023 of 2,493 vehicle owners — including 182 electric vehicle owners — who had at least one service performed in the previous 12 months, accounting for more than 5,500 service visits. for the average gas vehicle. times with 2.8

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General Repair Electric Vehicles Tire Rotations Vehicle 98

Auto Remarketing

APRIL 8, 2024

Electric-vehicle naysayers likely harp on challenges such as outdated and insufficient infrastructure, alongside environmental regulatory programs, as hurdles to continued expansion of EVs and battery manufacturing in the U.S. Momentum is building for the transition to electric and there is a tremendous push to supercharge EV sales.

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Manufacturing Utilities Electric Vehicles Electricity 90

Auto Remarketing

JANUARY 24, 2025

The full report can be downloaded here. DCG said hybrid and electric vehicles are undeniably a growth driver and with dealers becoming more receptive to selling these models, we can expect the combined segment to continue to steadily gain market share for the foreseeable future.

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Trucking Finance Used Cars Automotive 52

Auto Remarketing

SEPTEMBER 27, 2024

It might not be an earthquake, but the landscape of electric vehicles is beginning to shift. It’s possible that many are keeping a secondary vehicle to have the convenience of everyday driving while reserving the traditional fuel type for longer trips.” The full report is available for download here. in Q2 2023.

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Retail Automotive Electric Vehicles Vehicle 81

AutoSuccess

JUNE 10, 2024

A second, significant wave of shoppers ready to consider buying an electric vehicle (EV) is poised to begin entering the market in the second half of the decade, according to the latest findings from the 2024 Path to EV Adoption Study by Cox Automotive. By 2033, 90% of all vehicle shoppers will have electric vehicles on their lists.

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Electric Vehicles Electricity Automotive Vehicle 52

AutoSuccess

JANUARY 17, 2025

Electric Vehicle Prices Moved Higher in December, While Incentives Remain Elevated Sales of EVs were strong in December as well and, with an average transaction price of $55,544, helped push the industry-wide ATP higher. Data tables are available for download. year over year to $65,667.

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Vehicle Trucking Electric Vehicles Automotive 40

AutoSuccess

JUNE 30, 2023

Despite growing interest, a gap exists between consumer enthusiasm for electric vehicles (EVs) and their actual purchasing decisions, according to new research released today by Cox Automotive. Future EV Readiness Gap There is a significant gap in readiness between consumers and dealers in terms of embracing electric vehicles.

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Electric Vehicles Automotive Electricity Vehicle 52

AutoSuccess

OCTOBER 23, 2023

It is designed for users to find and purchase new and used cars of all brands available at the AWIN dealerships, manage, save and sync their purchases, access and download the manufacturers’ apps, connect with roadside assistance, Electric Vehicle travel assistant and much more. Click here to download. “

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Management Manufacturing Vehicle Electric Vehicles 52

Auto Remarketing

JUNE 17, 2024

Experts mentioned two specific challenges for the electric-vehicle space, including: —MSRP reductions: Significant price cuts in new BEVs, particularly by Tesla, affected used BEV market values. The complete 2024 Vehicle Depreciation Report can be downloaded via this website.

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Vehicle Electric Vehicles Electricity Automotive 52

Auto Remarketing

OCTOBER 23, 2024

The Cars Commerce report showed supply is down from 2023 for all price ranges from $20,000 up, vehicles that average less than 4 years old. Vehicles listed for $30,000 or more on Cars.com — averaging less than 3 years old — are down 15% or more. One segment of the used market that is on the rise is electric vehicles.

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Used Cars Car Electric Vehicles Vehicle 52

Auto Remarketing

APRIL 9, 2024

A preview of the report can be downloaded here. Highlights from the report include: The 126 multi-dealership transactions in 2023, matched 2021’s record number. Public dealer groups ended the year at a blue sky multiple below the 7.3x Click here to subscribe for the full report.

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Retail Electric Vehicles Management Electricity 52

Auto Remarketing

MARCH 13, 2024

EV sales sink to record low The majority of dealers said sales of electric vehicles are worse than they’ve been since that category was added to Cox Automotive’s index in Q2 2021. The full results can be downloaded here. The current index fell to a record low 42, down from 48 in the previous quarter and 50 a year ago.

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Electric Vehicles Automotive Vehicle Electricity 52

AutoSuccess

SEPTEMBER 26, 2023

Franchised dealers are more positive about the used-vehicle market, with a score of 58. Electric-Vehicle Sales Index Falls for Franchised and Independent Dealers Compared to one year ago, electric vehicle (EV) sales are seen as worse for both franchised and independent dealers, though the change is not statistically significant. .

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Auto Market Electric Vehicles Automotive Vehicle 52

AutoSuccess

JANUARY 8, 2025

An increasing minority of dealers, 43%, have a more negative outlook on profits than in 2024, with new electric vehicle (EV) sales having the most adverse influence: 77% expect EVs will negatively impact profitability in 2025. To download the full Kerrigan Dealer Survey report, click here.

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Management Retail Electric Vehicles Vehicle 52

AutoSuccess

JANUARY 5, 2024

Dealers are Preparing for an Increase in Electric-Vehicle Service Dealerships in the U.S. are gearing up for a rise in electric vehicle service as EV sales are expected to surpass 1 million units in a year for the first time in 2023, the Cox Automotive study shows.

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General Repair Automotive Services Automotive Electric Vehicles 52

AutoSuccess

DECEMBER 13, 2024

Electric Vehicle Sentiment Declines as Policy Uncertainty Looms Dealer optimism toward electric vehicle (EV) sales in Q4 was mostly unchanged from Q3 at 43 overall. Download the full results of the Q4 2024 Cox Automotive Dealer Sentiment Index. The total metrics reported have a +/- 3.21% margin of error.

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Automobile Auto Market Retail Automotive 52

AutoSuccess

MARCH 19, 2024

Electric Vehicle Sales Index Drops to Record Low When asked how EV sales compare to one year ago, a majority of dealers say they are worse, not better. Download the full results of the Q1 2024 Cox Automotive Dealer Sentiment Index. In both indexes, independent dealers scored lower than franchised dealers. automobile dealers.

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Automotive Vehicle Automobile Electric Vehicles 52

Auto Remarketing

JUNE 12, 2024

Sentiment about electric vehicle sales fell to a new low in Q2, dropping to 41 when dealers were asked how EV sales compare to a year ago – the fourth consecutive quarterly decline. The full results can be downloaded here. Weak/declining selections are assigned a value of 0.

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Automotive Automotive Marketing Auto Market Retail 52

AutoSuccess

JUNE 11, 2024

On the other hand, independent dealers scored the current used-vehicle market at 38 – an improvement from last year and last quarter – but still indicating that a majority of independent dealers perceive the used-vehicle market as weak. Download the full results of the Q2 2024 Cox Automotive Dealer Sentiment Index.

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Automobile Automotive Vehicle Retail 52

Auto Service World

OCTOBER 23, 2024

A new pilot study in the Greater Toronto and Hamilton Area (GTHA) aims to save electric vehicle drivers up to 70 per cent on charging costs while addressing the increased strain on the electric grid. Experts have warned that the growing number of EVs could strain Canadian electricity grids. terawatt hours (7.5

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Tomorrow's Technician

MARCH 7, 2024

“2023 was a record year for electric vehicles,” said Ryan Mandell, Mitchell’s director of claims performance. The publication also details the top North American regions and vehicle models associated with EV collision claims in 2023. To download the full report, visit the Mitchell website. and Canada.

Automobile 130

Automobile Collision Repair Insurance Electric Vehicles 130

Auto Remarketing

JUNE 7, 2024

As electric vehicle prices fall, total loss claims rise. As a result, the percentage of EV parts repaired rather than replaced was less than 13% as opposed to almost 15% for gas-powered vehicles. The full report is available for download here.

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Collision Repair Utilities Electric Vehicles Vehicle 97

AutoSuccess

FEBRUARY 13, 2025

Electric vehicle prices held steady in January, and incentive spending dropped 3.1% Data tables are available for download. The post Kelley Blue Book Report Shows Average New-Vehicle Prices Fell in January appeared first on AutoSuccessOnline. from December. The two most popular EVs in the U.S., and 6.2%, respectively.

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Vehicle Automotive Electric Vehicles Management 40

Auto Remarketing

MARCH 28, 2024

Electric vehicle consideration continues to grow CarGurus learned more shoppers are considering EVs (27% versus 22% in 2022 and 16% in 2021). According to findings, 84% of those that had purchased a gas vehicle are sticking with gas, while 20% of those who purchased an EV, and 25% of those who purchased a hybrid, switched to gas.

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Finance Vehicle Automotive Marketing Retail 52