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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

AutoSuccess

The mix of used-vehicle inventory at the time of the survey was good, according to both franchised and independent dealers. Mixed Views on Electric Vehicle Sales and Market Expectations Dealers’ views on electric vehicle (EV) sales improved in Q1 compared to the previous quarter and last year.

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Is Your F&I Product Lineup Balanced & Diversified?

AutoSuccess

After years of being overshadowed by emerging electric vehicles from Tesla and other brands, the hybrid — a gasoline vehicle that has both an internal combustion engine and an electric motor — is enjoying a resurgence in 2024. Additionally, a rise in used EV sales continues to make headlines.

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ICE vs. Electric Vehicles: Which Is Cheaper and Easier To Maintain?

Auto Service World

Image source The buzz around electric vehicles (EVs) is undeniable. However, traditional gasoline cars, with their internal combustion engines (ICE), are still common on American roads. Gas-powered cars (ICE) have ruled the country for decades, but rising fuel prices and EV tax breaks are shifting the conversation.

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From the Magazine: Collision repair at a crossroads

Auto Service World

Insurance claims, arguably the largest driver of revenue, were down which directly impacted collision topline. Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. Now, 2024 was an unusual year with one of the mildest winters recorded in recent history.

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Green Thinking vs. Family Budget: Should You Buy a Used Hybrid

The Mechanic Doctor

The Mechanic Doctor - Resources for Amateur and Pro Auto Mechanics Sales of electric vehicles are growing against the backdrop of rising fuel prices. However, the army of internal combustion engine fans still dominates due to several serious shortcomings inherent in cars with electric motors.

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Rising car ownership costs squeeze budgets

Auto Service World

The report covered various topics, including car buying outlooks, views on electric vehicles and hybrids, insurance affordability, repair costs and attitudes toward AI driving technology and data collection. “Drivers are reducing coverage, raising deductibles, and switching insurers to combat these elevated costs.

Insurance 173