Auto Remarketing

NOVEMBER 27, 2024

The year-over-year growth isn’t quite as steep as it was in prior months, but used electric vehicles are still flying off dealership lots and auction yards, according to respective analyses from Cox Automotive and the National Auto Auction Association. In its latest EV Market Monitor, Cox Automotive reported there were.

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Retail Electric Vehicles Automotive Electricity 52

Auto Remarketing

MARCH 13, 2024

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.

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Retail Electric Vehicles Electricity Vehicle 98

Auto Service World

SEPTEMBER 27, 2024

The automotive aftermarket will have access to even more electric vehicle experiences, along with the usual industry trend insights at AAPEX this year during Industry Week. He’ll go through how the automotive aftermarket continues to evolve with the changing new vehicle market, the path to electrification and the aging vehicle fleet.

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Electric Vehicles Retail Automotive Electricity 257

AutoSuccess

JANUARY 24, 2025

As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. These tools will not only flag at-risk vehicles but also provide actionable recommendations for mitigating that risk.

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Retail Management Vehicle Media 52

Auto Service World

MARCH 4, 2025

The study highlighted the growing satisfaction among electric vehicle (EV) buyers, who are leading the way in satisfaction during the car-buying process. ” New-vehicle buyers reported a record 75 per cent satisfaction rate with the overall shopping experience, the highest in the study’s history.

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Car Finance Vehicle Automotive 130

Auto Remarketing

MARCH 18, 2024

As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail 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.

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Retail Car Consulting Automotive 98

Auto Remarketing

FEBRUARY 10, 2025

Industry observers releasing wholesale vehicle price indices last week noted uncertainty and surprises in the market to begin the year. At Black Book, the Used Vehicle Retention Index came in at 146.3 Unresolved issues include tariffs, interest rates and incentives for electric vehicles. last month, down 1.2%

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Vehicle Retail Automotive Electric Vehicles 52

Tire Review Magazine

SEPTEMBER 2, 2024

Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas, said it is going all-digital, as all retail customers visiting its more than 2,200 tire and automotive service centers will now receive digital vehicle inspections.

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Retail Vehicle Automotive Services Electric Vehicles 52

Tire Review Magazine

SEPTEMBER 2, 2024

Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas, said it is going all-digital, as all retail customers visiting its more than 2,200 tire and automotive service centers will now receive digital vehicle inspections.

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Retail Vehicle Automotive Services Electric Vehicles 52

AutoSuccess

FEBRUARY 5, 2025

Power , launchingthe Commercial Electric Vehicle (CEV) Hub on Comvoy , a pioneering resource specifically designed to support the electrification of commercial fleets. Power has made online electric vehicle resources available to retail shoppers,however these did not include tools for businesses. For years, J.D.

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Trucking Electric Vehicles Electricity Vehicle 52

Brake & Front End

MAY 16, 2024

Genesis Motor America announced the opening of 26 new standalone facilities across the United States, counting 35 dedicated retail facilities nationwide. In collaboration with Electrify America, Genesis offers three years of 30-minute complimentary charging sessions from the date of vehicle purchase.

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Retail Utilities Electric Vehicles Vehicle 130

Tomorrow's Technician

MAY 15, 2024

Genesis Motor America announced the opening of 26 new standalone facilities across the United States, counting 35 dedicated retail facilities nationwide. In collaboration with Electrify America, Genesis offers three years of 30-minute complimentary charging sessions from the date of vehicle purchase.

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Retail Utilities Electric Vehicles Vehicle 130

AutoInc.

JUNE 16, 2023

As electric vehicles (EVs) continue to gain popularity, it is crucial for automotive retail businesses to understand and cater to diverse consumer segments. The lack of appeal of EV sales among women is a source of concern, but also represent a great opportunity for growth for modern automotive retail businesses.

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Electric Vehicles Electricity Vehicle Education 52

AutoSuccess

FEBRUARY 28, 2025

With the average price of new vehicles hovering around $48,000 and interest rates for auto loans reaching their highest levels in decades, many potential buyers found themselves priced out of the market. Vehicle service contracts emerged as a focal point. However, significant opportunities for growth and innovation remain.

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Retail Finance Vehicle Insurance 40

Auto Remarketing

JUNE 18, 2024

Used electric vehicles are seeing their prices erode, both on a retail and wholesale basis. And not only did average retail prices of used EVs fall nearly 30% last month, but these vehicles have also become increasingly cheaper than used internal-combustion-engine vehicles. In March, the gap grew to 3.5%

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Retail Electric Vehicles Electricity Vehicle 59

AutoSuccess

MARCH 20, 2025

million new-vehicle sales for the year, up 1.2% Battery Electric Vehicles growth is estimated to increase, interest rates are becoming more favorable for consumers and an optimistic economy bodes well. At the same time, without process improvement, the profitability per vehicle (PPV) of the used car will continue to evaporate.

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Used Cars Retail Vehicle Transportation 52

Tomorrow's Technician

FEBRUARY 2, 2024

announced a vehicle order with Grupo Cavel (“Cavel”) to purchase Mullen CAMPUS EV cargo vans for sale in the Dominican Republic and Caribbean markets via Cavel’s Electric Motors dealerships. Mullen CAMPUS EV cargo vans are currently distributed through Mullen’s retail dealership partner, Randy Marion Automotive Group.

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Retail Automotive Transportation Electricity 130

Auto Remarketing

FEBRUARY 12, 2025

While the lack of public charging facilities is one of the most cited reasons by consumers for not considering an electric vehicle, most EV owners say they dont need or use them. Saving money on fuel was the top reason cited for buying an EV, but surprisingly, vehicle style and performance came in at No.

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Electric Vehicles Electricity Retail Used Cars 52

Auto Service World

OCTOBER 12, 2024

Photo source The Electric Vehicle (EV) market in Germany has experienced a significant downturn in recent months. Subsidy cuts The German government’s decision to reduce or eliminate subsidies for electric vehicles has made them less affordable for many consumers there.

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Electric Vehicles Electricity Vehicle Entertainment 130

Tomorrow's Technician

OCTOBER 6, 2023

The MaxiCharger 180kw–240kw DC Fast EV charger is National Electric Vehicle Infrastructure (NEVI) funding program-ready and meets Federal Highway Administration Build America, Buy America requirements, according to Autel Energy. the parent company of Autel Energy North America.

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Electric Vehicles Retail Electricity Vehicle 130

AutoSuccess

JANUARY 14, 2025

is joining forces with Lyteflo to elevate electric vehicle (EV) merchandising for car dealerships. VDP Data Enhancements : Elevate vehicle listings with rich EV-specific metrics like charge times, battery warranties and connector types. DealerOn Inc.

Retail 52

Retail Car Dealership Education Electric Vehicles 52

Tomorrow's Technician

JANUARY 9, 2024

LeapCharger Corporation, an electric vehicle (EV) charging company, has announced its entry into the retail market by introducing its home EV charging solutions in supermarkets across Dubai. Recent studies, including one by JD Power, indicate that 80% of EV owners prefer to charge their vehicles at home.

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Retail Media Electric Vehicles Electricity 130

Auto Remarketing

NOVEMBER 28, 2023

Two of the experts at Experian Automotive — John Howard and Kirsten Von Busch — spent part of their time at Used Car Week discussing electric vehicles for this episode of the Auto Remarketing Podcast. Howard and Von Busch recapped what the industry has learned about EV retailing and more this year.

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Retail Electric Vehicles Used Cars Electricity 104

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.

Retail 52

Retail Electric Vehicles Management Electricity 52

AutoSuccess

JANUARY 16, 2025

The National Automobile Dealers Association (NADA) Show, which will be held in New Orleans in January 2025, is one of the most impactful events in the automotive retail sector. From new vehicle models to advanced accessories and dealership software, the exhibit floor provides a hands-on opportunity to explore innovations.

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IT Retail Education Electric Vehicles 52

Auto Remarketing

JANUARY 24, 2024

Ivan Drury says the retail used electric vehicle market has long been a topic of interest, and one reason for that has been the limited supply of “legitimate contenders,” he said. For so long, it was Tesla or compliance car, and that was it,” said Drury, who is director of insights for online car shopping guide Edmunds.

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Retail Electric Vehicles Electricity Vehicle 52

Tomorrow's Technician

MARCH 12, 2024

For high-demand applications such as Heavy-Duty Electric Vehicles (HDEV), Elywhere said its chargers can be configured to support power in the 1 MW range, providing solutions for electric fleets. Beyond charging, Elywhere said its integration of battery energy storage systems addresses the challenges of grid support.

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Electric Vehicles Management Electricity Retail 130

AutoSuccess

MARCH 14, 2025

New-Vehicle Sales Index Unchanged from Q4, Higher Year Over Year Franchised automobile dealers reported a good sales environment during the survey. The Q1 new-vehicle sales index remained at 54, higher than last year’s 52. The new-vehicle inventory index peaked at 75 in Q1 2024.

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Automobile Electric Vehicles Insurance Automotive 52

autoevolution

DECEMBER 6, 2023

Sergio Marchionne famously said that Fiat Chrysler Automobiles lost a staggering $14,000 every time someone bought one, which is a staggering amount of money for a pint-sized electric vehicle that used to retail at $32,500. continue reading. )

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Automobile Retail Electric Vehicles Electricity 93

Auto Service World

OCTOBER 23, 2024

At the Aftermarket Outlook 2025 session, Circana’s executive director and industry analyst, Nathan Shipley, will cover trends observed in general retail and the aftermarket over the past two years. He will also make the same presentation at SEMA at W311 from 11 a.m. to noon on Nov. This session will take place on Nov. 6, from 11 a.m.

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Education Automotive Banking Auto Repair 277

AutoShopOwner

OCTOBER 30, 2023

for assembly of a new electric vehicle. Experian predicts retail leasing returns will rise to 1.1 But there is still one gaping hole in their product plans: battery-electric vehicles. Million Vehicles Toyota Motor Corp.’s billion in Louisville, Ky., s global sales climbed 8.3%

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Electric Vehicles Manufacturing Electricity Automotive 130

Jalopnik

DECEMBER 7, 2023

Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving.

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Electric Vehicles Retail Electricity Vehicle 72

Auto Remarketing

APRIL 17, 2024

It was March momentum for the retail used-car market. million used vehicles, which was a 10.9% million used vehicles, compared to 4.29 million used vehicles, compared to 4.29 Sales for used vehicles picked up in February, continuing to increase for eight weeks in a row before peaking towards the latter half of March.

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Used Cars Car Retail Electric Vehicles 105

AutoSuccess

AUGUST 28, 2024

In the latest edition of AutoSuccess Magazine’s Executive Spotlight series, Ryan Maguire, the executive vice president, retail network solutions, for Helm, joins us in the studio. The interview discusses how dealerships can prepare for the increasing presence of electric vehicles (EVs) in their service departments.

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Electric Vehicles Retail Electricity Vehicle 90

Auto Remarketing

SEPTEMBER 19, 2023

While it seems as if the electric vehicle is not a new phenomenon, the EV market is in its infancy compared to the internal combustion engine vehicle market. The latter has a history of well over a century, while the former has been just a sliver of the American vehicle market until just recently. In the U.S.,

Electric Vehicles 105

Electric Vehicles Electricity Vehicle Utilities 105

Auto Remarketing

APRIL 29, 2024

The CARFAX Used Car Index made its debut a year ago, and in an analysis recapping the latest installment , the company pinpointed three retail used-car pricing trends that have stood out. That is, if these vehicles meet your needs – they’re not for everyone,” Olsen writes. But first, here’s how the market looks at the end of April.

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Used Cars Car Retail Electric Vehicles 105

AutoSuccess

JANUARY 24, 2025

Further, buyers have noticeably lower satisfaction with the sales process, particularly with dealer personnel and vehicle knowledge and expertise as compared with buyers of gas-powered vehicles. We want to help ensure dealer personnel have the support they need, when they need it, to sell and service more electric vehicles.

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Service Advisor Consulting Automotive Education 52