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Why there’s concern over falling auto retail numbers

Auto Service World

June’s automotive retail sales data revealed notable declines across various segments, including those in the aftermarket, raising concerns within the industry. DesRosiers Automotive Consultants (DAC) reported a “worrying” drop in automotive retail sales for June, with declines observed across multiple segments. per cent decline.

Retail 147
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How Automotive Technology Retail Companies Are Testing Generative AI

Automotive Training Centre

This technology allows machines to produce content and solutions traditionally created by humans, significantly impacting automotive technology retail companies, including Tekion, TrueCar, Cox Automotive, and Car Now. Automotive companies are using AI algorithms to generate new vehicle designs and prototypes.

Retail 197
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The imminent disruptive shifts in the aftermarket

Auto Service World

“The industry, dominated by OEMs and major Tier 1 suppliers, faces significant disruption as automakers pivot strategies around EVs and component sourcing, forcing retailers and consumers alike to re-think their approaches to aftermarket parts and services,” the report said.

Retail 130
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CDK Introduces New Software Certifications for Dealership Employees

AutoSuccess

CDK, an automotive retail software provider, has announced the launch of new software certifications and courseware aimed at equipping dealership employees with the necessary skills and credentials to excel in the evolving consumer vehicle purchase and service journey. The certification program offers U.S.

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How Auto Retailers Leverage Advanced Connected Vehicle Data

AutoSuccess

These constraints have impacted vehicle acquisition, parts sourcing and transport of new vehicles. Fleet allocations will only continue to grow, and it is important for fleets and auto retailers to identify new solutions via advanced connected vehicle data to maintain profits and customer expectations.

Retail 52
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Space Auto Launches Seamless Digital Retailing & Digital Desking Feature

AutoSuccess

Space Auto has announced a new integrated Digital Retailing and Digital Desking feature as part of its software suite beginning in January 2024. The new feature will allow car dealerships to offer customers different options for their vehicle purchases, including terms, monthly payments and rates.

Retail 52
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How Auto Retailers Are Leveraging Advanced Connected Vehicle Data for Optimized Lot Management Solutions

AutoSuccess

These constraints have impacted vehicle acquisition, parts sourcing and transport of new vehicles. Fleet allocations will only continue to grow, and it is important for fleets and auto retailers to identify new solutions via advanced connected vehicle data to maintain profits and customer expectations.

Retail 52