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

Auto Remarketing

Rising inventory levels, evolving consumer preferences, and the steady expansion of hybrid and electric vehicle (EV) sales continue to shape this years competitive market in 2025. Despite these shifts, internal combustion engine (ICE) vehicles still dominated the used market, accounting for over 90% of sales.

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

Auto Remarketing

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. Dealers should consider how they advertise specific vehicles to consider all the factors that impact the car buying process, such as consumer behavior and market demand.

Retail 52
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Automotive Retail Trends to Watch for the Rest of 2024

AutoSuccess

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. Dealers should consider how they advertise specific vehicles to consider all the factors that impact the car buying process, such as consumer behavior and market demand.

Retail 40
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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. The second takeaway is used EVs don’t maintain their value nearly as well.

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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.