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Madhuchhanda Palit, automotive analyst at GlobalData, noted that leading automotive manufacturers are actively engaging in substantial sustainability initiatives. Companies like Toyota, Mazda and Honda have begun integrating recycled plastics into their vehicle production.
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.
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 automotivemarket and pushing the industry towards a more connected and autonomous future. Canada and the U.S.
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.
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.
Lotlinx announced its Q4 Quarterly Vincensus Report, which offers insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences and markdown/pricing strategies. Inventory Trends New vehicle day supply climbed to 76 days (+7QoQ, +20 YoY).
The Japanese automaker is doing great across the US automotivemarket – after the first six months of the year, it was merely 103k vehicles behind the General Motors leader – because of its diversified model portfolio. While Toyota Motor North America. continue reading. )
Lotlinx has announced its new suite of innovative data technology resources leveraging a first-of-its kind Virtual Inventory Agent powering today’s Machine-Assisted Dealerships at booth #803 at the National Automotive Dealership Association’s (NADA) 2025 conference.
The Japanese automaker Subaru has done spectacular business across the US automotivemarket as of late – in July, it nailed the 24th consecutive month-over-month growth, for example! continue reading. )
General Motors retained the overall sales crown of the US automotivemarket last year with almost 2.6 million vehicle deliveries. However, the competition wasn't too far behind them. Toyota issued a barrage of introductions last year, but it hasn't released all of them. continue reading. )
The Japanese automaker Toyota is doing swell in the US automotivemarket – they're actively chasing down General Motors for the crown and throne in 2024 while also diligently catering to their vast portfolio of models. continue reading. )
The Japanese automakers did great across the US automotivemarket last year – Toyota sold 2.24 million vehicles, Honda delivered 1.3 million units, and the local division of Nissan bagged 899k vehicles to their Excel sheets. continue reading. )
News & World Report , which named Lexus — the brand that introduced CPO in 1996 — as the Best Certified Pre-Owned Program in its 2025 Best Vehicle Brand and Best Certified Pre-Owned Program awards. The vehicle scores were derived from the U.S.
General Motors just wrapped 2023 as the largest domestic and in terms of overall sales across the US automotivemarket – it sold almost 2.6 million vehicles compared to Japanese automaker Toyota's 2.24 million and Ford's close to 2 million. The performance wa. continue reading. )
Just like many other automakers (one stark exception was Stellantis, for example) active in the US automotivemarket, Subaru of America ended 2023 with total sales registering a positive development. The tally jumped 13.6 continue reading. )
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. The used vehiclemarket also saw growth in hybrid and EV sales.
As we look back on Q3, the automotivemarket 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. Q3 brought a renewed focus on managing inventory.
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.
The company debuted this innovation on March 31, 2025. Addressing the Industrys Growing Pressure Vehicles are becoming more advanced, and repair timelines are getting shorter. This is vital in a fast-changing automotivemarket. It provides a suite of AI agents built for automotive repair environments.
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 automotive retail sector. Networking Opportunities The event attracts professionals from across the automotive industry, including manufacturers, vendors and other dealerships.
million vehicles on the US automotivemarket, and much of the performance was owed to the namesake brand rather than its Acura premium division. Last year, Honda sold no less than 1.3 The Japanese automaker's American division expects the Honda brand to reach 1.3 continue reading. )
There also was plenty of talk about the future of the automotivemarket and the impact of new vehicle technologies. Were looking at ICE vehicles and asking, Is that part mix changing in regard to cars being more reliable now than theyve ever been. Then, there was the big question: Whats the outlook for 2025?
There also was plenty of talk about the future of the automotivemarket and the impact of new vehicle technologies. Were looking at ICE vehicles and asking, Is that part mix changing in regard to cars being more reliable now than theyve ever been. Then, there was the big question: Whats the outlook for 2025?
During the first quarter of the year, Stellantis' local division, FCA US, saw its total US automotivemarket sales drop by no less than 12% - which comes on top of last year's drops. The total for the first three months of the year was a little over 293k vehicles. continue reading. )
General Motors wrapped 2023 with full leadership of the US automotivemarket – it sold nearly 2.6 million vehicles compared to Japanese automaker Toyota's over 2.24 million and Blue Oval's performance of almost 2 million units. Of course, to make sure they wi. continue reading. )
By Amber DaSilva June 9, 2025 9:00 am EST Slate Auto Its 82 degrees here in Brooklyn, which means its summer regardless of what the calendar says. I know, I know, it doesnt make much sense to me either, but automakers keep putting out these vehicles with "fixed rooves" like thats something anyone would want.
Brookdale Community College has secured a grant totaling $561,318 from the National Science Foundation to pioneer the Electric Vehicle Education for New Jersey (EVE-NJ) project. As the automotive industry rapidly transitions towards electric vehicles, this grant represents a pivotal investment in preparing the workforce for the future.
vAuto announced new functionality that solves another pain point for franchise dealers: managing increasingly complex new vehicle incentives. The Cox Automotive brand achieved this feat by making it easier for dealers to apply VIN-specific incentives at scale in its new vehicle inventory management and pricing solution, Conquest.
As incentives tail off but growth remains, heres how automakers plan to find success with consumers in the ZEV market and the role of PHEVs in the reconfigured environment The zero emission vehiclemarket has cooled down but that doesnt mean there wont be growth in the market. per cent of new vehicle registrations.
Now, car sales have surpassed pre-COVID levels, and marketing budgets are surging as many dealers have realized the bottom is already behind us. Forecasts are pointing to a rapid climb into 2025. Accountability starts with clear and objective information, and vague statements like “it’s the market” don’t cut it. The result?
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. Perhaps one of the most exciting applications of AI in 2025 will be in vehicle pricing and markdown strategies.
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. Perhaps one of the most exciting applications of AI in 2025 will be in vehicle pricing and markdown strategies.
Automakers sales expectations for 2025 are lower than the previous years, according to a survey conducted by dealership advisory firm Kerrigan Advisors. Meanwhile, the percentage who anticipate a decrease in sales rose from 8% last year to 18% in 2025. market in the future.
The biggest delay in the adoption of battery electric vehicles is due to elections south of the border, according to a recent report. Roland Bergers Q1 2025 forecast pinned delays on the Trump administration’s historically less stringent stance on emissions regulations is expected to impact the automotive industry significantly.
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