AutoSuccess

JANUARY 29, 2024

auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. “To name a few, we saw historic appreciation in vehicle values, unimagined drops in supply, and interest rates moving from all-time lows to 23-year highs at an unforgiving pace.

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Auto Remarketing

APRIL 9, 2025

A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. Robb said the index for 1-to-10-year-old vehicles jumped by 1.2 But while the forecast for new-car sales ranges from a potential low of 15.6 million to 38.0

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Vehicle Used Cars Auto Market Car 52

Solera

MAY 2, 2023

Modern repair shop challenges If not effectively addressed, the challenges caused by trends in the automotive industry can hinder auto technicians and repair shops from delivering high-quality service to their customers. But auto techs must constantly stay current with upgrades and modifications for various components.

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Solera

MAY 4, 2023

Modern repair shop challenges If not effectively addressed, the challenges caused by trends in the automotive industry can hinder auto technicians and repair shops from delivering high-quality service to their customers. But auto techs must constantly stay current with upgrades and modifications for various components.

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Auto Repair Automobile Mechanic Auto Repair Shop 130

Auto Remarketing

OCTOBER 3, 2023

America’s cars are going gray — and not just because they’re getting older. The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. of the market to 19.2%. auto market, representing 78.9%

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Car Used Cars Auto Market Vehicle 52

Solera

OCTOBER 15, 2024

Whether it’s personalized customer service, unique vehicle offerings, or community involvement, carve out a niche that sets you apart from the more prominent players. Leveraging Niche Markets Identify niche customer segments and tailor your marketing efforts accordingly. Monitoring and Adapting The automotive market is dynamic.

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Customer Service Automotive Marketing Auto Market Retail 130

Jalopnik

NOVEMBER 16, 2023

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.

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Electricity Auto Market Utilities IT 72

Jalopnik

AUGUST 27, 2024

The auto market has fallen out of love with sedans , choosing to opt for taller and bigger crossovers. Because of that, many automakers have left the sedan market altogether , but there are still a few that soldier on.

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Auto Remarketing

OCTOBER 11, 2024

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As

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Finance Used Cars Vehicle Car 52

Auto Remarketing

NOVEMBER 2, 2023

Auto dealerships are also embracing new AI tools for enhancing customer service and reshaping how they price their vehicles. But how does this benefit marketers in the auto industry? This serves as a starting point for the ultimate price of the vehicle and can be a negotiating tactic for dealerships.

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AutoSuccess

DECEMBER 13, 2024

The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.

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AutoSuccess

JANUARY 31, 2024

The venue will provide Cox Automotive the opportunity to demonstrate how it is working to change the way the world buys, sells, owns and uses vehicles. “We are excited to showcase the most complete and connected ecosystem in the auto industry at the NADA Show 2024, which is undoubtedly the auto industry’s event of the year.”

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AutoSuccess

APRIL 29, 2024

With this new technology, car manufacturers and dealers must also ask the question, “What happens if these technologies stop working or need to be repaired?” Automotive Technology on Display at CES 2024 Automakers have been incorporating AI into cars for over 10 years. 7 electric vehicles.

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AutoSuccess

MARCH 19, 2024

“The vehicle market in the U.S. is shifting from a seller’s market to a buyer’s market, and dealers are feeling the pinch of tighter margins and higher costs,” said Cox Automotive Chief Economist Jonathan Smoke. auto market is very different than it was just two years ago.”

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Auto Remarketing

JUNE 12, 2024

In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.

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Automotive Automotive Marketing Auto Market Retail 52

AutoSuccess

FEBRUARY 14, 2025

The steady growth in digital documentation processes reflects a mature understanding of the long-term benefits, positioning digital transformation as a critical pillar for the auto industrys future. Todays Rebounding Auto Market The positive trends in the reported digital adoption coincide with a continued rebound in the U.S.

Retail 40

Retail Finance Auto Market Management 40

AutoSuccess

JUNE 11, 2024

. “Overall, dealer sentiment is likely worse than actual market conditions,” added Smoke. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. 3 on the list of top 10 factors affecting business.

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Automobile Automotive Vehicle Retail 52

Auto Remarketing

MAY 23, 2025

How are used-car sales going? Cox Automotives Dealer Sentiment Index for the second quarter of 2025 offered a stark illustration of the different worlds inhabited by franchised and independent dealers in their outlook of the current used-vehicle sales environment. Depends on what kind of dealer you ask. For independents not so much.

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Used Cars Car Auto Market Vehicle 105

autoevolution

MAY 10, 2025

The auto market has been upended by the massive tariffs President Donald Trump announced since January. If you want to buy an electric vehicle, May is probably your last chance to pay a reasonable price. While carmakers will undoubtedly raise prices, you can still find exciting deals while the stocks last. continue reading. )

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Electric Cars Electricity Auto Market Car 98

Auto Remarketing

FEBRUARY 17, 2025

But the threat of those tariffs looms large over the auto industry. The announced 25% tariffs on all imports from Canada and Mexico, currently on hold, could have a significant impact on the industry, given the large amount of vehicles and components that cross the borders.

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