Tire Review Magazine

MARCH 26, 2025

Of its tire sales, 90% is retail, with the remaining 10% wholesale to area car dealerships. Soon after, in 2021, he retired, and Michael took over management. Wholesale Tire boasts a sales mix of 95% tires and 5% vehicle service. This choice reflects the shops goal to perform tire replacements and repairs only.

Media

Automotive Fleet

JUNE 6, 2025

The used retail days’ supply remains down 5% compared to last year’s levels, which is seasonally tighter than normal, as wholesale days’ supply at Manheim is also down 5%, Robb said. A used vehicle’s average retail listing price decreased 0.5% A used vehicle’s average retail listing price decreased 0.5% over the same period.

Vehicle

Tire Review Magazine

MARCH 26, 2025

Of its tire sales, 90% is retail, with the remaining 10% wholesale to area car dealerships. Soon after, in 2021, he retired, and Michael took over management. Wholesale Tire boasts a sales mix of 95% tires and 5% vehicle service. This choice reflects the shops goal to perform tire replacements and repairs only.

Media

AutoSuccess

APRIL 14, 2025

You didnt notice MUM Googles Multitask Unified Model, which came in 2021 to handle more complex searches. Googles SpamBrain update in 2021 started this ball rolling in a big way by more closely looking for unnatural backlinking, unoriginal content and attempts to manipulate search rankings with spammy tactics. You didnt notice BERT.

Automotive

Tire Review Magazine

DECEMBER 11, 2024

At Best-One of Indy, we strive to not only know your car, but we also want to know our customers and their family, says Nick Howe, vice president of retail at Best-One of Indy. One year later, the company expanded into the tire and auto service retail business, and Indy Truck Tire Centers name was changed to Indy Tire Centers.

IT

Auto Remarketing

NOVEMBER 14, 2024

The average gross profit per new vehicle sold currently is just under $2,500, which is a 53% decline from the peak of $5,200 in December 2021. George Pero began his career in the automotive retail sector, where he held various management positions. These factors have contributed to a notable dip in profitability for many dealerships.

Automotive

Tire Review Magazine

JANUARY 31, 2025

Part of this drop in good spending in 2023 was because a lot of people in 2021 and in 2020 bought those durable goods, and they really just didnt need a new washing machine or a new TV if they just bought one a couple of years ago, she said. These included industrial output, retail consumption, and construction.

Trucking

Automotive Fleet

JUNE 13, 2025

Related News: Wholesale Used-Vehicle Prices Decrease in May The retail used-vehicle sales pace was steady month over month in the most recent 30-day period. Used retail were at 1.53 Following the run-up in March and the subsequent slowdown in April, used retail sales appear to be holding steady for now.

Vehicle

AutoSuccess

MAY 6, 2025

Wise is widely recognized as a trailblazer in automotive retail marketing. She was also named a Notable Champion of Diversity in 2021. She is a frequent keynote speaker at major automotive events and was recognized as one of Automotive News 100 Leading Women in the North American Auto Industry in 2020.

Education

Jalopnik

JULY 13, 2025

billion on their pets in 2022, an almost 11% increase from 2021. Besides being the largest corporate donor to the ASPCA, Subaru actively engages in local pet communities, with its retailers hosting pet adoption and microchipping events to help pets find homes. A Forbes Advisor study reported that Americans spent $136.8

Transportation

AutoSuccess

JUNE 6, 2025

In a little over 10 years, he built Tires Plus from 31 retail stores to over 600. Larry had spent decades building a proven track record in retail tire and auto service, but the dealership space came with new challenges — and also some similarities. At the time, the move raised eyebrows. We’re not trying to be the biggest,” he says.

Retail

Auto Remarketing

JULY 22, 2025

For dealer principals paying attention, the signals are clear: we are moving into a period of structural change: Tariffs, rising operational costs, and evolving consumer preferences are converging to reshape automotive retail, once again. Choose timing over hype Retail magnitudes ebb and flow — and the next downturn will likely ripple fast.

Retail

Auto Remarketing

MARCH 31, 2025

The report showed last year was the fourth-busiest in auto retail M&A history, with 510 rooftops changing hands. Thats down from 528 in 2023 as the market continues to come off its 2021 peak of 707. auto retail sector. Haig Partners said 2024s sales included the highest prices ever paid for BMW, Honda and Kia dealerships.

Retail

autoevolution

JUNE 20, 2025

Jen is an entrepreneur—she has a physical retail product that she sells across the East Coast. In 2021, when she launched t. Today, I'm checking out a well-equipped home on wheels for a woman who travels for both fun and work. Meet Jen and her 2020 Ford Transit with a 148" wheelbase. continue reading. )

Retail

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

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. Those numbers were well above $30,000 by the first quarter of 2022.

Used Cars

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. ” Driven by new-vehicle production cuts in 2020 and 2021, the CarGurus Used Vehicle Availability Index for July fell 3.6% month-over-month, dropped 2.8%

Used Cars

Auto Remarketing

FEBRUARY 1, 2024

CARFAX report: New-car deals help fuel price drops As opposed to the wholesale market, used car retail price decreases actually accelerated in January, according to CARFAX’s latest report on that market. The post Price declines slowing in wholesale market, accelerating in retail appeared first on Auto Remarketing. Cars were down $400.

Retail

autoevolution

SEPTEMBER 25, 2024

Back in October 2021 for the 2022 model year, the Auburn Hills-based automaker took the rather obtuse decision to discontinue the Pacifica's budget-oriented sibling from the r. continue reading. )

Retail

Auto Remarketing

SEPTEMBER 30, 2024

one autumn day in 2021. TO READ THE FULL STORY BECOME A MEMBER Login The post Used-car retailer CEOs: Widespread EV adoption will take time, effort appeared first on Auto Remarketing. Doug Campbell, then the senior vice president and head of fleet services for the Americas at Avis Budget Group, got a call at 4:30 a.m.

Retail

Auto Remarketing

MARCH 11, 2024

The retail used-car market, including the certified pre-owned segment, showed some real strength last month, improving from both year-ago and January figures. Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year. year-over-year.

Used Cars

AutoSuccess

DECEMBER 6, 2024

Central to this process is the use of encryption in safeguarding customer data in automotive retail to avoid privacy breaches and how dealerships can implement encryption to protect their customers and businesses. Volkswagen and Audi Data Leak (2021) : A vendor’s unsecured database exposed the personal information of over 3.3

Retail

Auto Remarketing

MAY 28, 2024

As it stands, retail prices for used vehicles have slowed significantly year-over-year: used SUVs are down 9.5% But while retail prices on used vehicle have dropped from what were peaks in most segments, the relief could be short-lived, the company contends. from May 2023, with cars off 7.2%

Used Cars

autoevolution

MARCH 12, 2025

This is the all-new Audi A6 Sportback e-tron, and it's set to retail at dealerships for $65,900. First revealed at Auto Shanghai in concept form in 2021, the A6 Sportback e-tron comes to North America with an agenda: to poach away as much market share as it can from Tesla, BMW, GM, and Ford whil. continue reading. )

Retail

Auto Remarketing

SEPTEMBER 3, 2024

Retail used vehicle sales have been strong over the past week or so. In fact, the weekly pace is the strongest it’s been since 2021, when everything was off the charts for dealers. The upshot: Dealers are buying auction vehicles to meet the brisk retail demand they’ve been seeing lately in their showrooms.

Vehicle

Auto Remarketing

JANUARY 29, 2024

On the retail side of the used market, Black Book anticipates that continued demand slowdown will drive prices down in an attempt to turn inventory more quickly. However, this would be a major gain from the post-COVID trough of fall 2021, when new-car inventory was at 800,000 units, Black Book said. million-unit levels before COVID.

Car

Auto Remarketing

JANUARY 18, 2024

Looking at what Cox considers used retail sales (vehicles sold by dealers), there were close to 1.4 Both overall and retail numbers, however, were down month-over-month. In fact, used-car sales (overall and retail) fell sequentially in both November and December. The retail used-car SAAR was an estimated 19.6

Used Cars

Auto Remarketing

MARCH 27, 2024

The Q4 Haig Report , which tracks trends in auto retail and their impacts on dealership values, showed 528 dealerships changed hands in 2023 — the third-highest annual volume on record, but down from a record 707 in 2021 and 566 in 2022. Haig expects public retailers to continue aggressively acquiring dealerships in 2024.

Retail

AutoSuccess

NOVEMBER 13, 2023

Ninety percent of automotive retailers are getting serious about their dealership cybersecurity plans, yet they are still succumbing to data breaches at an alarming rate, according to a recent study by CDK Global , a leading automotive retail software provider.

Retail

Tire Review Magazine

FEBRUARY 27, 2024

TIA says the formation of the Tire Recycling Foundation stems from “extensive industry consultations,” including a three-day listening session organized by the Tire Industry Project in 2021. Central to the foundation’s goal is the ambition to achieve 100% recycling of end-of-life tires in sustainable markets.

Consulting

Tire Review Magazine

FEBRUARY 27, 2024

TIA says the formation of the Tire Recycling Foundation stems from “extensive industry consultations,” including a three-day listening session organized by the Tire Industry Project in 2021. Central to the foundation’s goal is the ambition to achieve 100% recycling of end-of-life tires in sustainable markets.

Consulting

Auto Remarketing

OCTOBER 2, 2024

in July to the highest level since the first half of 2021. If the cost of holding a pre-owned vehicle can’t be offset by a retail sale, wholesaling or sending it to auction could be the best option. Incentive levels increased month-over-month and year-over-year in August, according to data from Kelley Blue Book.

Utilities

AutoSuccess

FEBRUARY 19, 2024

Cox Automotive ‘s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. The report also reveals that fewer shoppers visited automaker websites or used online retailers (e.g., Carvana, Vroom) compared to 2021 and 2022.

Car

Auto Remarketing

JULY 9, 2024

The respective Black Book and Cox Automotive used-vehicle value indices both reached their lowest levels since March 2021, but the erosion in wholesale prices could be on its way out, according to analysis accompanying one of the reports. Cox’s Manheim Used Vehicle Value Index came in at 196.1 last month, down 8.9% year-over-year and 0.6%

Vehicle

Tire Review Magazine

DECEMBER 1, 2023

Halfords Group plc said Bridgestone acquired a 5% stake in its automotive Software as a Service (SaaS) business, Avayler, valuing the business that was launched in July 2021, at over $60 million.

Software

Tire Review Magazine

DECEMBER 1, 2023

Halfords Group plc said Bridgestone acquired a 5% stake in its automotive Software as a Service (SaaS) business, Avayler, valuing the business that was launched in July 2021, at over $60 million.

Software

Tire Review Magazine

JANUARY 3, 2024

Despite all the uncertainty throughout the year, 2023 turned out to be fairly steady for the automotive aftermarket as marked by steady retail growth and stable vehicle miles traveled (VMT). When we look at overall retail performance, the storyline remains consistent – retail aftermarket spend has kept pace with driving habits.

Retail