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The automotive aftermarket is no stranger to change, but 2025 has brought a perfect storm of economic headwinds that’s testing the resilience of jobbers across Canada. The 2025 CARS Annual Jobber Survey reflects this tension. Biggest challenge If 2024 was a year of adaptation, 2025 has been a year of endurance.
As the automotive industry faces a rapidly changing landscape in 2025, Team Velocity invites industry leaders, innovators and decision-makers to its highly anticipated Automotive Leadership Roundtable (ALR). I’m excited for the insights our panelists will share and the conversations this event will spark.”
The partnership brings Impel’s conversational AI products to Ford dealers and Lincoln retailers throughoutthe U.S. The two companies celebrated the partnership announcement at the 2025 NADA Show inNew Orleanswith a ribbon cutting ceremony and demonstration. Impel announced a strategic partnership with FordDirect.
Cox Automotive announced Diane Maher, president and chief strategy officer of DP Fox Ventures LLC and president and chief operating officer at Fox Motor Group, as the 2025 Barbara Cox Woman of the Year. 25, 2025, at the NADA Show. Fox Motors stands out as a retailautomotive leader recognized for innovation and growth.
The National Automobile Dealers Association (NADA) Show, which will be held in New Orleans in January 2025, is one of the most impactful events in the automotiveretail sector. For instance, with the rise of electric vehicles and digital retailing, dealers can identify products and services that align with these shifts.
Used sales jumped almost 4% in May to their second-highest monthly total in more than a year as consumers turned to more affordable used options, according to new data from automotivemarketing and data software firm ZeroSum and car-shopping platform Edmunds. million units for the month, up from 1.32 million in May.
As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 AutomotiveMarket Report , the automotivemarket has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs.
At the 2025 Canadian International AutoShow in Toronto, more PHEV options were presented to customers as a best of both worlds. This strategy reflects a nuanced understanding of consumer needs recognizing that one size does not fit all when it comes to automotive technology. And theres a greater focus on PHEVs. Girgis noted.
As we step into 2025, the automotiveretail 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. Furthermore, economic pressures will continue to impact the automotivemarket in 2025.
As we step into 2025, the automotiveretail 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. Furthermore, economic pressures will continue to impact the automotivemarket in 2025.
Lotlinx announced its Q4 Quarterly Vincensus Report, which offers insights into the current state of the automotiveretailmarket for both new and used vehicles, inventory risk, vehicle sales, consumer preferences and markdown/pricing strategies. Click here to access the full Q4 Quarterly Vincensus Report.
As we look back on Q3, the automotivemarket has revealed key trends that highlight the complexities of inventory management for auto retailers. Proactive strategies that focus on inventory management, pricing, and customer engagement will be essential as the industry moves toward 2025.
As we continue to navigate the shifting landscape in auto retail, one thing has become crystal clear: the days of cost-cutting have ended. In December, I wrote about how to make wise cuts to your marketing as the market retracted, and that was the right move then. Forecasts are pointing to a rapid climb into 2025.
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