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COMMENTARY: Shifting gears & key takeaways from the Lotlinx Q4 report

Auto Remarketing

As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 Automotive Market Report , the automotive market has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs. The used vehicle market also saw growth in hybrid and EV sales.

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COMMENTARY: 9 automotive retail trends to watch for the rest of 2024

Auto Remarketing

Inventory levels stabilizing According to recent data, total vehicle inventory stood at 2.79 While part of this influx is due to the arrival of 2025 models, buyers are approaching the market with more caution and are considering used cars as opposed to new. has been slower than expected over the last 12 months.

Retail 52
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COMMENTARY: Plug-in hybrids can serve vital role in electrification

Auto Remarketing

The transition to electric vehicles is currently generating millions of pixels. The once seemingly smooth path to an all-electric future is now strewn with some unexpected potholes, but one vehicle type in the current mix deserves some added attention. Weighted averages demonstrate the steep declines.

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Automotive Retail Trends to Watch for the Rest of 2024

AutoSuccess

Inventory Levels Stabilizing According to recent data, total vehicle inventory stood at 2.79 While part of this influx is due to the arrival of 2025 models, buyers are approaching the market with more caution and are considering used cars as opposed to new. has been slower than expected over the last 12 months.

Retail 40
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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.