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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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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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COMMENTARY: Key takeaways from the Q1 2025 Automotive Market Report

Auto Remarketing

The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. While March delivered a sharp 19% rebound in new vehicle sales largely driven by consumers rushing to purchase ahead of tariff price adjustments the earlier months of the quarter were marked by a slight decline.

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Key Takeaways from the Q1 2025 Automotive Market Report

AutoSuccess

The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. While March delivered a sharp 19% rebound in new vehicle sales largely driven by consumers rushing to purchase ahead of tariff price adjustments the earlier months of the quarter were marked by a slight decline.

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Lotlinx Q4 Vincensus Report Highlights Evolving Automotive Market Dynamics

AutoSuccess

.” Market Outlook The automotive industry continues to experience dynamic shifts entering 2025. New and used vehicle inventories both grew in Q4 as dealers prepared for the holiday season. Meanwhile, electric vehicle (EV) sales grew 22% QoQ, reflecting a clear consumer shift towards electrification.

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

Auto Remarketing

As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 Automotive Market Report , the automotive market has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs.

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Navigating the shift: Key insights from the Lotlinx Q3 2024 Automotive Market Report

Auto Remarketing

As we look back on Q3, the automotive market has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10% sales increase for new vehicles despite challenges like the CDK Global cyber incident. For more information, visit www.lotlinx.com.