Auto Service World

MARCH 14, 2025

Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. For instance, as vehicles become more complex, the cost of repairing crash parts with all the added sensors and technology might lead to higher total loss ratios as these cars depreciate. He is based out of Toronto.

Collision Repair 183

Collision Repair Insurance Vehicle Electric Vehicles 183

AutoSuccess

MARCH 20, 2025

Following their visits to NADA last month, we have a more thankful nation of car dealers. For many reasons, optimism is strong for a healthy 2025. Battery Electric Vehicles growth is estimated to increase, interest rates are becoming more favorable for consumers and an optimistic economy bodes well. from last year.

Used Cars 52

Used Cars Retail Vehicle Electric Vehicles 52

AutoSuccess

MARCH 14, 2025

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.

Automobile 52

Automobile Electric Vehicles Insurance Automotive 52

Auto Remarketing

JANUARY 24, 2025

Thats all out the window as we start 2025, because of U.S. The reports consumer survey found prospective car buyers are expecting to pay 8% more ($36,732) for their next vehicle than they did a year ago, but interest in buying a new vehicle has shot up 30%, even though the average new-car price began 2025 at a near-record $49,853.

Trucking 52

Trucking Finance Automotive Used Cars 52

Auto Remarketing

FEBRUARY 26, 2025

Rising inventory levels, evolving consumer preferences, and the steady expansion of hybrid and electric vehicle (EV) sales continue to shape this years competitive market in 2025. Despite these shifts, internal combustion engine (ICE) vehicles still dominated the used market, accounting for over 90% of sales.

Management 52

Management Automotive Marketing Vehicle Electric Vehicles 52

Auto Remarketing

SEPTEMBER 27, 2024

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. While part of this influx is due to the arrival of 2025 models, buyers are approaching the market with more caution and are considering used cars as opposed to new.

Retail 52

Retail Automotive Used Cars Vehicle 52

AutoSuccess

OCTOBER 18, 2024

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. While part of this influx is due to the arrival of 2025 models, buyers are approaching the market with more caution and are considering used cars as opposed to new.

Retail 40

Retail Automotive Used Cars Utilities 40

AutoSuccess

DECEMBER 13, 2024

. “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.

Automobile 52

Automobile Auto Market Retail Automotive 52

Auto Remarketing

JANUARY 14, 2025

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. By using these AI tools, dealerships can pre-empt financial losses and improve inventory turnover efficiency.

Retail 59

Retail Management Vehicle Media 59

AutoSuccess

JANUARY 24, 2025

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. By using these AI tools, dealerships can pre-empt financial losses and improve inventory turnover efficiency.

Retail 52

Retail Management Vehicle Media 52

Auto Service World

FEBRUARY 21, 2025

A recent report showed how rising car ownership costs are impacting household budgets and shifting planned 2025 spending. The 2025 State of the American Driver Report , based on a survey of 1,000 drivers, highlighted how people are reacting to the high costs of car ownership.

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Insurance Car Electric Vehicles Used Cars 158