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Vehicle inventory swings back, maybe too far

Auto Service World

After years of shortages, dealership lots are now overflowing with vehicles, marking a significant shift in the automotive market as supply catches up with demand. Actually, in a lot of cases, inventory is higher than the dealerships would like, Campau observed of the current automotive inventory landscape.

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EV momentum cools but growth still there

Auto Service World

Electric vehicle (EV) sales are continuing to grow, but the once-rapid pace of adoption is beginning to slow as the market reaches a new stage of maturity. last year and set new highs in the percentage of vehicles sold in Canada in 2024, including BEVs making up about 18 per cent of sales in December.

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What will transform the global auto industry

Auto Service World

The global automotive industry is undergoing a significant transformation, with 2025 poised to bring new developments influenced by key events in 2024. These factors, it noted, are shaping the automotive market and pushing the industry towards a more connected and autonomous future. Canada and the U.S.

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Creating Predictable Profit in a Volatile Automotive Market

AutoSuccess

In 2024, dealerships face a challenging landscape, with revenue and new car sales on the decline. However, amid these challenges, used vehicle sales present a bright spot. One of the most impactful areas for improvement lies in reconditioning and how efficiently vehicles are turned.

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New sales market sees first real setback

Auto Service World

Despite a dip in September sales, Canada’s auto market maintains a robust year-to-date growth, driven by strong performances from key brands. Canada’s automotive market experienced a slight setback in September, with sales of new vehicles dropping 3.6 per cent increase in 2024. per cent rise from 2023.

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U.S. EPA Decides Not to Proceed with Lead Wheel Weight Rulemaking 

Tire Review Magazine

This follows the review of information submitted in response to the advance notice of proposed rulemaking (ANPRM) issued in April 2024. Lead Wheel Weights and Their Usage Manufacturers use lead wheel weights to correct imbalances in motor vehicle wheels. light-duty vehicles, also contributed input. The post U.S.

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Live Chat Revs Up Automotive Marketing in 2024

AutoSuccess

For many auto dealers, 2024 is shaping up to be a challenging year. According to Cox Automotive, the new vehicle inventory supply is near its highest point since June 2020. Although the 2024 market outlook remains positive with an estimated 15.4