AutoSuccess

JANUARY 6, 2025

This first-ever live-streamed event will explore the urgent challenges impacting the industry, from evolving customer expectations to the digital transformation of automotive retail, and the increase in DTC models. I’m excited for the insights our panelists will share and the conversations this event will spark.”

Automotive 40

Automotive Retail Car Dealership Automotive Marketing 40

Auto Remarketing

SEPTEMBER 20, 2024

Cars Commerce’s latest look at the used-vehicle market is an old story. As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. That trend has also driven down retail prices, which have dropped 4.9% years old, rose 16.8%.

Used Cars 97

Used Cars Car Vehicle Automotive Marketing 97

Auto Remarketing

JANUARY 29, 2024

That includes a “normal seasonal trend” when it comes to depreciation in the wholesale vehicle market, along with “modest growth trajectory” in the new-car segment, Black Book said in a report Monday. This is likely to change the age distribution of used-car supply. On the new-car side, Black Book is anticipating roughly 15.8

Car 98

Car Automotive Marketing Retail Used Cars 98

AutoSuccess

FEBRUARY 3, 2025

Furthermore, Cox Automotive will award a $10,000 scholarship to Brooke Englehardt, a junior at Northwood University, home to the nation’s leading automotive marketing and management program. Fox Motors stands out as a retail automotive leader recognized for innovation and growth.

Automotive 52

Automotive Retail Management Entertainment 52

Solera

OCTOBER 15, 2024

Introduction In the fast-paced world of automotive retail, independent dealerships often face stiff competition from larger counterparts. While it may seem like a David vs. Goliath scenario, there are strategic approaches that indie dealerships can employ not only to survive but thrive in the market.

Customer Service 130

Customer Service Automotive Marketing Auto Market Retail 130

Auto Remarketing

OCTOBER 29, 2024

Here’s more evidence the used-car market is a complex place nowadays. By leveraging advanced analytics, dealers can anticipate market shifts, optimize their inventory mix, and implement dynamic pricing strategies that respond to real-time market conditions.”

Vehicle 52

Vehicle Automotive Marketing Retail Automotive 52

Auto Remarketing

FEBRUARY 26, 2025

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. The used vehicle market also saw growth in hybrid and EV sales.

Management 52

Management Automotive Marketing Vehicle Electric Vehicles 52

AutoSuccess

APRIL 25, 2024

This strategic investment will support CarNow’s continued market expansion and accelerated product development that will enhance the car buying and selling experience. With Runway’s support, we’re poised to accelerate our growth, enhance our product offerings and continue to disrupt the automotive retail industry.

Retail 52

Retail Automotive Automotive Marketing Management 52

AutoSuccess

FEBRUARY 13, 2024

The Stakeholder – Marketer Disconnect If you’re reading this, you’ve likely been in the business for years, probably decades. You know the business, and you’ve seen your share of good and bad solutions to help you attract customers and sell cars. My stronger endorsement would be for small automotive conferences.

Education 98

Education Management Consulting Automotive Marketing 98

AutoSuccess

OCTOBER 27, 2023

They agreed to leverage the Dealer 20 Group model to create a vendor version that could improve support of retail automotive customers. Over the next five months, they contacted several trusted industry leaders to become founding members of V20.

Automotive 52

Automotive Automotive Marketing Retail Car 52

Auto Remarketing

MAY 7, 2024

“By leveraging our new Vincensus quarterly and monthly reports and staying informed on the trends shaping inventory, pricing and markdowns, auto retailers can swiftly adapt and make informed decisions.

Automotive Marketing 52

Automotive Marketing Retail Automotive Vehicle 52

AutoSuccess

MAY 21, 2024

Among the myriad of industries, car dealerships stand out for their keen adoption of innovative financial practices to sustain profitability. The Cost-Saving Potential For car dealerships, where transactions are typically high-value, the cost savings from adopting these strategies can be substantial.

Car Dealership 52

Car Dealership Finance Automotive Marketing Management 52

AutoSuccess

AUGUST 20, 2024

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. The result?

Consulting 52

Consulting Retail Car Vehicle 52

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. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said.

Automotive 52

Automotive Automotive Marketing Auto Market Retail 52

AutoSuccess

JANUARY 29, 2024

With higher supply and lower prices, new-vehicle sales in 2024 are expected to gain over 2023, but market growth will be constrained, with an increase of less than 2% expected and the market new-vehicle market reaching sales of 15.6 In 2024, the used-vehicle market is expected to grow by less than 1%. auto market in 2024.

Auto Market 40

Auto Market Electric Vehicles Automotive Electricity 40

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. Used car day supply is expected to remain tight and steady. For more information, visit www.lotlinx.com.

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. Used car day supply is expected to remain tight and steady.

Retail 52

Retail Management Vehicle Media 52

Auto Service World

MAY 29, 2025

At the show, industry leaders from Ford, Volvo, Stellantis and Kia spoke with EV World about their strategies and insights into the evolving landscape of automotive technology. There’s no longer a penalty to pay for driving an electric car. We have a car for everybody, Al-Achhab stated. Girgis noted.

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Electric Vehicles Electricity Vehicle Automotive 206

Auto Remarketing

MARCH 28, 2024

The automotive market has seen incredible change within the last few years, with pricing and inventory levels in flux, EVs becoming more mainstream, and more paths to purchase — especially online — available for shoppers,” CarGurus director of product marketing Alison Ciummei said in a news release. “As

Finance 52

Finance Vehicle Automotive Marketing Retail 52