Auto Remarketing

NOVEMBER 27, 2023

An overwhelming percentage of car dealers who use digital retailing tools are reporting encouraging results, according to the latest research by Cox Automotive. The top benefit of digital retailing, according to both dealers and customers, is the time saved, cited by 60% of dealers and 93% of shoppers.

Retail 111

Retail Media Automotive Finance 111

Auto Remarketing

AUGUST 23, 2024

The slowdown in supply of later-model used vehicles is already having an impact in the retail car market, according to industry analyses released this month. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%.

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Used Cars Retail Car Vehicle 105

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.

Retail 98

Retail Car Consulting Automotive 98

Auto Remarketing

MAY 23, 2024

Wholesale vehicle prices fell nearly 12% year-over-year in April and have continued modest month-over-month declines in May, according to the latest Kontos Kommentary report from ADESA chief economist Tom Kontos. On the retail side, J.D. Overall wholesale values last month came in at $14,559, down 11.7% Prices were down 0.3%

Retail 98

Retail Used Cars Car Vehicle 98

Auto Remarketing

NOVEMBER 14, 2023

When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. drop in used vehicle prices compared to the typical 0.7% decrease observed from 2015-2019.”

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Used Cars Retail Car Vehicle 111

Auto Remarketing

FEBRUARY 1, 2024

Used-vehicle prices were down again as January ended, but the pace of depreciation is decelerating, according to the latest report from Black Book. The high end of each category’s price range has also fallen by at least $1,000 as dealers act to move the most expensive used vehicles,” the report said. Cars were down $400.

Retail 98

Retail Used Cars Trucking Car 98

Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Our proprietary and highly exclusive data from the Cars Commerce platform empowers consumers and automotive retailers alike with the most up-to-date information on pricing, inventory and demand so they can make better buying and selling decisions,” Lindland said.

Used Cars 105

Used Cars Retail Car Vehicle 105

Auto Remarketing

JULY 30, 2024

Perhaps it’s jumping to conclusions, but the only segment in Black Book’s tracking to squeeze out a wholesale value uptick last week might relate to vehicles in position to solve one of the pressing current challenges to get cars financed and retailed.

Vehicle 105

Vehicle Retail Finance Used Cars 105

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.

Retail 52

Retail Vehicle Automotive Services Electric Vehicles 52

Auto Service World

NOVEMBER 19, 2024

It may be well ingrained in automotive repair shops but the practise of moving customers’ vehicles in and out of the bays is one that needs to end, a shop coach urged. Image this scenario: You’ve performed an inspection on a vehicle. Instead, Beech recommends booking vehicles for the full day rather than rushing through services.

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Oil Change Automotive Repair Vehicle Electronics 245

Auto Service World

OCTOBER 17, 2024

Traditionally, many gas stations are affiliated with retail store chains, which enables owners to both sell fuel and attract customers to diversify their revenue stream. The joint gas station and convenience store business model could also be adopted to EV charging stations,” Zheng said.

Electric Vehicles 265

Electric Vehicles Retail Electricity Vehicle 265

Auto Service World

AUGUST 29, 2024

With the rising prices of new vehicles, car owners are placing greater emphasis on maintaining their current vehicles. A survey of 2,000 American car owners, conducted by Talker Research on behalf of Pennzoil, found that 73 percent of respondents are taking better care of their vehicles as new car prices continue to climb.

Car 247

Car Retail Vehicle Management 247

AutoSuccess

JANUARY 9, 2024

In today’s virtual world, there are online auto retailers whose sales process is designed without a test drive prior to the customer deciding to do business with them. is rather obvious on pre-owned vehicles, since no two pre-owned vehicles are exactly the same and they have wear and tear that new vehicles do not.

Vehicle 116

Vehicle Retail Banking Finance 116

Automotive Training Centre

JULY 5, 2023

Whether you prefer the fast-paced environment of a dealership, the autonomy of a retail repair shop, the creativity of a specialty shop, the challenge of heavy-duty truck repair, or the freedom of owning your own business, there is an exciting and fulfilling career waiting for you.

Auto Mechanic Training 191

Auto Mechanic Training Mechanic Automotive Repair Retail 191

Automotive Training Centre

JUNE 7, 2024

Whether you’re aiming for a position in a retail auto parts store, a dealership, or a service center, showcasing the right skills on your resume is crucial. Highlight Your Technical Knowledge Gained During Auto Parts Training Auto parts training equips you with extensive technical knowledge about vehicle systems and components.

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Technical Customer Service Management Retail 227

Auto Remarketing

OCTOBER 10, 2024

September in the wholesale vehicle market was a departure from the earlier summer months, as cooler temperatures brought lower prices. Cox Automotive’s Manheim Used Vehicle Value Index for September came in at 203.0, Meanwhile, Black Book’s seasonally adjusted Used Vehicle Retention Index came in at 146.3 which was down 0.5%

Vehicle 98

Vehicle Retail Automotive IT 98

Auto Service World

OCTOBER 9, 2024

I enjoy learning about new technology in vehicles, the new EV vehicles [are] exciting,” one respondent wrote when given the opportunity to explain their answer. I find the retail customer is more informed these days but not with the best information most times,” one counter pro mentioned. How do they deal with this?

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Retail Technical Manufacturing Vehicle 229

Auto Remarketing

JANUARY 14, 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.

Retail 59

Retail Management Vehicle Media 59

Auto Service World

JUNE 18, 2024

Cars.com has released its second annual Affordability Report, highlighting a more accessible retail environment for car buyers. The 2024 report provides a comprehensive, data-driven analysis of the current market, including consumer buying attitudes, financing trends and detailed vehicle comparisons.

Finance 147

Finance Retail Vehicle Car 147

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. The difference at that point was 0.9%.

Retail 59

Retail Electric Vehicles Electricity Vehicle 59

Solera

AUGUST 18, 2024

From CRM systems that help understand customer needs to digital retailing tools that offer seamless experiences, leveraging the right technology can significantly improve dealership operations. Digital Retailing enhances online interactions by providing a robust platform that integrates online and offline experiences.

Automotive 246

Automotive Retail Management Utilities 246

Auto Service World

NOVEMBER 20, 2024

“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

Retail Automotive Vehicle Manufacturing 130

Auto Remarketing

APRIL 8, 2024

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. On Monday, Black Book released its Used Vehicle Retention Index, which fell 13.6% It may depend on which industry index you’re observing.

Vehicle 105

Vehicle Auto Market Retail Automotive 105

Auto Service World

OCTOBER 18, 2024

By 2030, Lang estimated, digital natives will account for about 50 per cent of light vehicle aftermarket product volume. Internet, the primary resource Digital natives instinctively turn to the Internet as their first resource for diagnosing vehicle issues, estimating repair costs, and locating parts or repair services.

Automotive 258

Automotive Automotive Repair Vehicle Retail 258

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.

Retail 130

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

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.

Retail 130

Retail Automotive Transportation Electricity 130

Automotive Training Centre

OCTOBER 15, 2024

If you’re passionate about vehicles and considering a career in the auto industry, becoming a parts specialist is an exciting and rewarding path. As the automotive industry evolves, so do the manufacturing trends that shape how vehicles are designed, built, and maintained.

Manufacturing 247

Manufacturing Electric Vehicles Car Dealership Collision Repair 247

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.

Electric Vehicles 205

Electric Vehicles Retail Automotive Electricity 205

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

JULY 22, 2024

The Reynolds and Reynolds Company announced in a press release the agenda for its Retail Summit: Amplify 2024. We’re extremely excited for the upcoming announcement at our Retail Summit,” said Walsh. You can find more details about the Reynolds Retail Summit: Amplify 2024 here. We certainly hope so.”

Retail 52

Retail Automotive Vehicle IT 52

Tomorrow's Technician

FEBRUARY 27, 2024

has unveiled over 200 new motor vehicle and heavy-duty truck repair solutions this February, catering to automotive and heavy-duty parts distributors, retailers and repair shops, the company said. million late-model vehicles from Toyota, Honda, Subaru and other manufacturers. Dorman Products, Inc.

Retail 130

Retail Electronics Trucking Manufacturing 130

Auto Service World

DECEMBER 4, 2024

And to stay focused on their key customers, they don’t accept any retail requests — everything is wholesale. Our customer base is on-hoist orders for automotive shops and we don’t really deal with retail at all,” Black explained. “We We’re not dealing with retail. We’re not dealing with retail. They really are.

Retail 258

Retail Management Automotive Customer Service 258

AutoSuccess

NOVEMBER 16, 2023

The auto industry has been laser-focused on digitizing the retail shopping experience for several years, especially since the pandemic in 2020. However, the right digital retail strategy for today’s used dealer goes beyond up-leveling a dealer’s web presence. s 2023 Friction Points Study.

Retail 98

Retail Finance Vehicle Car 98

AutoSuccess

DECEMBER 6, 2024

As vehicle transactions increasingly move online and dealerships collect more personal information, the need for robust security measures has never been more critical. The Data Privacy Landscape in Automotive Retail The automotive retail sector has undergone a significant digital transformation in recent years.

Retail 52

Retail Automotive Management Software 52

Auto Remarketing

OCTOBER 25, 2024

So far in October, King reported average used-vehicle retail prices are coming in at $28,472, which is down $669 or 2.3% King then pointed out that the decline in used-vehicle values is translating to lower trade-in equity, which is now trending toward $7,909. of retail sales in October. from a year ago. That’s up 2.3

Retail 52

Retail Used Cars Manufacturing Vehicle 52