This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
After a decline in overall satisfaction in 2024, owners of both premium and mass market battery electricvehicles (BEVs) are expressing a change of sentiment this year, according to a recent study. Power 2025 U.S. ElectricVehicle Experience (EVX) Ownership Study showed that BEVs reached a market share of 9.1
Rather than wait for vehicles to age out of profitability, these systems and digital assistants automatically flag underperforming units and suggest actions like markdowns, incentives or reallocation. And in todays retail environment, that’s not just an advantage it’s a necessity.
“Used retail demand remained strong throughout March, with days’ supply ending at low levels, driving healthy activity at Manheim. ” Used Vehicle Wholesale Prices March 2025: Inventory and Supply Levels New-vehicle tariffs will eventually affect used-vehicle inventory. It fell to 2.15
This week, CarGurus released its 2025 Mid-Year Auto Market Review, highlighting five primary points, including the impact of tariff uncertainty, shifting inventory dynamics and evolving consumer preferences on the new- and used-vehicle market.
Widewail released its Q1 2025 Automotive Voice of the Customer Report based on 1.4 dealerships during the first quarter of 2025. The report highlights Ford’s surge, electricvehicle (EV) sales improvements and Lexus’ continued dominance in customer perception. This is a retail revolution in motion.”
Kelley Blue Book, a Cox Automotive brand, announces the 2025 model-year brand, category and top 10 winners of the 23 rd annual Best Resale Value Awards , recognizing vehicles for their projected retained value through the initial five-year ownership period.
Well, that doesnt exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted uncertainty and surprises in the market to begin the year. At Black Book, the Used Vehicle Retention Index came in at 146.3 last month, down 1.2% month-over-month and 2.5%
The analysis of the retail prices of 1.4 of its value from March 2024 to March 2025, topping the Porsche Taycan (15.1%), Ford Explorer Hybrid (14.1%), BMW 5 Series hybrid (13.9%) and Teslas Model Y (13.1%) for the most precipitous fall. million used cars showed the Model S one of four Teslas on the list lost an average of 17.2%
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. For instance, with the rise of electricvehicles and digital retailing, dealers can identify products and services that align with these shifts.
The Q1 2025 Cox Automotive Dealer Sentiment Index (CADSI) reports that the U.S. automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. The mix of used-vehicle inventory at the time of the survey was good, according to both franchised and independent dealers.
For many reasons, optimism is strong for a healthy 2025. million new-vehicle sales for the year, up 1.2% Battery ElectricVehicles growth is estimated to increase, interest rates are becoming more favorable for consumers and an optimistic economy bodes well. S&P Global Mobility projects 16.2 from last year.
New vehicles, with their advanced technologies and longer warranties, call for a different set of F&I products compared to used vehicles. Similarly, the continued popularity of hybrid and electricvehicles necessitates specialized vehicle protection products that address unique maintenance and repair needs of advanced powertrains.
21-23, 2025 San Diego, CA Popular Topics Fleet in Flux: Costs, Tariffs & Regulations Reshape 2025 Fleet in Focus: Mikhaila Baldwin Inaugural Survey Highlights Fleet Managers’ Top Challenges & Priorities Where Is Fleet Growing? The new-vehicle average MSRP in May was 2.1% of ATP in May, up from 3.4%
21-23, 2025 San Diego, CA Popular Topics Fleet in Flux: Costs, Tariffs & Regulations Reshape 2025 Fleet in Focus: Mikhaila Baldwin Inaugural Survey Highlights Fleet Managers’ Top Challenges & Priorities Where Is Fleet Growing? Looking at the market by powertrain, electricvehicle (EV) values increased by 3.1%
According to customer review and reputation management platform Widewail’s latest research, released in its Q1 2025 Automotive Voice of the Customer Report , tariffs are just the tiniest blip on the radar screen among customers, mentioned in just 450 of the 1.4 million reviews in 2025, a 33% growth over the 4.2 Murray said the 1.4
Used electricvehicles are breaking sales records seemingly every week in both the retail and wholesale sectors. So it’s no surprise that two more fell in the second quarter of 2025.
Battery electricvehicles specifically made up 17.8 per cent of new vehicle registrations in December alone. per cent for 2024 and Plug-in hybrid electricvehicles ended the year with 3.9 Theres more crossover utility vehicles and more pickup truck EVs that are available. For the entire year ZEV rate hit 15.4
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.
While market share for battery electricvehicles rose in 2024, uncertainty is now dominant in the EV landscape. In its 2025 U.S. ElectricVehicle Experience Ownership Study, J.D. The study, conducted from August through December, surveyed 6,164 owners of 2024 and 2025 model-year BEVs and PHEVs.
Power each recently offered new search focused on consumer appeal for electricvehicles. Power study revealed that 24% of vehicle shoppers say they are very likely to consider purchasing an EV and 35% say they are somewhat likely, both of which remain unchanged from a year ago. Power 2025 U.S. Experian and J.D.
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.
Drilling Down Into the UHP Summer Segment While the UHP summer category has seen relatively small growth in recent years, the more compelling story lies with the category’s segmentation, as well as vehicle application, according to Bob Abram, product manager for the automotive division at Kenda Tires.
Carter June 20, 2025 2:42 pm EST Logan K. Carter/ Jalopnik Volvo issued a recall for 14,014 of its fully electric and plug-in-hybrid vehicles on Monday because a very limited set of circumstances may cause them to totally lose the ability to slow or stop.
The automotive dealership model is constantly facing change, especially in the types of vehiclesretailers can service. In particular, as the commercial vehicle market shifts toward opportunities for electrification within their vehicle fleets, local dealerships are being called upon to do more than sell vehicles.
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.
This article first appeared in the June 2025 issue of Tampa Bay Business & Wealth , a sister publication to AutoSuccess. In a little over 10 years, he built Tires Plus from 31 retail stores to over 600. As the industry shifts — toward electricvehicles, digital retail and AI-enabled customer service — Brett sees opportunity.
Is right now the best time to buy an electricvehicle? Powers electricvehicle practice, said battery-electricvehicles are more affordable now than they will be in the future. Power EV Index update, as well as the companys EV Retail Share Forecast, 2025 U.S. According to J.D.
Car Sales Are Struggling To Overcome Trumps Tariffs By Andy Kalmowitz June 27, 2025 10:09 am EST Artur Debat/Getty Images Good morning! Car Sales Are Struggling To Overcome Trumps Tariffs By Andy Kalmowitz June 27, 2025 10:09 am EST Artur Debat/Getty Images Good morning! million vehicles in the U.S. All Rights Reserved U.S.
And CARFAX is accounting for this patchwork of market dialects, so to speak, by adding in regional breakdowns to its monthly index of retail used-car prices. Hybrids and electricvehicle prices climbed 0.9% Like an accent or dialect, the used-car market can vary depending on where you (or yall or yinz) are in the U.S.
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.
The automotive aftermarket will have access to even more electricvehicle experiences, along with the usual industry trend insights at AAPEX this year during Industry Week. This session will take place on Nov. 5, from 1:45 p.m. to 3:15 p.m. You can catch this session will be held on Nov. 5, from 11 a.m.
At the Aftermarket Outlook 2025 session, Circana’s executive director and industry analyst, Nathan Shipley, will cover trends observed in general retail and the aftermarket over the past two years. He will also make the same presentation at SEMA at W311 from 11 a.m. to noon on Nov. This session will take place on Nov. 6, from 11 a.m.
for assembly of a new electricvehicle. Experian predicts retail leasing returns will rise to 1.1 The decline is expected to continue through late 2025 to a low of 510,000. But there is still one gaping hole in their product plans: battery-electricvehicles. billion in Louisville, Ky.,
Auto dealers need more performance-based personalized marketing to boost sales the rest of the year, and here are nine trends they should know before 2025 begins. Inventory levels stabilizing According to recent data, total vehicle inventory stood at 2.79 Despite substantial investments and incentives, the adoption of EVs in the U.S.
Auto dealers need more performance-based personalized marketing to boost sales the rest of the year, and here are nine trends they should know before 2025 begins. Inventory Levels Stabilizing According to recent data, total vehicle inventory stood at 2.79 Despite substantial investments and incentives, the adoption of EVs in the U.S.
The survey, which queried over 635 auto dealers to gather insights on the future value of their businesses, franchise valuations and acquisition trends, revealed that more than half (51%) anticipate that 2024 valuations will remain at elevated levels into 2025, while 17% foresee an increase in valuations.
The electricvehicle manufacturer Polestar’s project targets to eliminate all greenhouse gas emissions stemming from the production and end-of-life of the car. The approach encompasses collaboration across the entire development process and value chain, from suppliers to retailers.
Bridgestone said it is pioneering premium tires and tire technologies for EVs, as well as dedicated fleet and mobility solutions, while partnering with leading EV manufacturers and developing an EV-ready retail and service network.
Bridgestone said it is pioneering premium tires and tire technologies for EVs, as well as dedicated fleet and mobility solutions, while partnering with leading EV manufacturers and developing an EV-ready retail and service network.
The electricvehicle manufacturer Polestar’s project targets to eliminate all greenhouse gas emissions stemming from the production and end-of-life of the car. The approach encompasses collaboration across the entire development process and value chain, from suppliers to retailers.
. “Coupled with the potential for supportive measures such as tax rebates and the possibility of lower interest rates, dealers are feeling more hopeful about the road ahead as we move into 2025.” This significant increase suggests that more dealers believe the auto market will be stronger in the next three months. .
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.
What had already been trending upward prior to the pandemic exploded in 2020, when additional demand from homebound consumers drove retailers to deliver more, faster. inch rim sizes in 2025. In addition, the growth of electricvehicles is expected to impact the LMD space further.
2025 Mr. Tire/Big 3 Tire Top Shop Winner: Tire Star Miller has made a name for himself in just over 13 years as a tire dealer. I was determined to make it work — I liked retail and I liked customers. Miller: Electricvehicles are on the horizon. Are your electric batteries getting unplugged at night?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content