Auto Remarketing

FEBRUARY 16, 2024

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% Used prices dropped 2.9%

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Jalopnik

OCTOBER 17, 2024

In today’s volatile automotive market, finding the best used car value can feel like searching for a needle in a haystack. With new car prices pushing the boundaries of belief, and used car prices constantly fluctuating, it’s time to ask the Jalopnik audience what they think the best value on the used market is.

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Auto Service World

MARCH 23, 2025

The car buying process has traditionally been a daunting and time-consuming experience, often fraught with confusion, haggling, and uncertainty. However, in recent years, CarGurus has emerged as a game-changer, revolutionizing the way people buy cars. Buyers often feel uncertain about whether they are getting a fair deal.

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The Mechanic Doctor

JANUARY 4, 2024

The Mechanic Doctor - Resources for Amateur and Pro Auto Mechanics If you are looking for a new or used car, you might be wondering how to get the best deal possible. One way to do that is by using automotive market analysis. Automotive market analysis can save you money in several ways.

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Auto Remarketing

MARCH 12, 2025

He knows the housing market and house music. He knows cars and The Cars. An economist who moved from the real estate market to the automotive market while moonlighting as a DJ Cox Automotive chief economist Jonathan Smoke is among our first-ever honorees in the Automotive Intelligence Awards: Industry Analysts program.

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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. The industry will undergo a gentle yet positive trajectory in both the new and used segments.” million-unit levels before COVID.

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Car Automotive Marketing Retail Used Cars 98

Solera

FEBRUARY 14, 2024

While Gen Z currently constitutes a small segment of the automotive market, making up 26% of the global population, as more of them become driving age, their influence will grow. This is a pivotal moment for the automotive industry. To do this, the perception of used-car parts need to change.

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Auto Remarketing

MARCH 18, 2024

As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is becoming increasingly apparent, particularly in the electric vehicle sector. The pandemic has accelerated changes in consumer behavior and expectations, leading to a notable shortage in the new- and used-car day’s supply.

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AutoSuccess

SEPTEMBER 6, 2024

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. cars or roughly two vehicles, according to Money Geek. This means the average household spends over $2,000 per month to own and maintain their cars.

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Auto Remarketing

OCTOBER 29, 2024

Here’s more evidence the used-car market is a complex place nowadays. According to the Q3 Quarterly Vincensus Report , Lotlinx acknowledged while certain brands face issues with high day supply and a largely aging inventory, others are struggling with supply constraints.

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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.

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AutoSuccess

MARCH 1, 2024

In the automotive sales industry, a significant shift is underway, marked by the evolution of vehicle appraisal tools that are enhancing accuracy and instilling confidence among used car managers. Traditionally, dealerships have relied on inventory tools that use market data to price their inventory.

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AutoSuccess

APRIL 14, 2025

That just might be the best way Ive heard to describe what weve seen in the market recently and what is to come. With the new 25% tariffs on imported vehicles now in place, were seeing some fast-moving changes in new-car sales as well as the used-vehicle market. automotive market is no stranger to transformation.

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The Mechanic Doctor

JANUARY 2, 2024

Their full VIN report is functional for buyers who may not have extensive knowledge of car histories. Features and Benefits The program provides consumers with the unique AutoCheck Score, a scoring system that enables them to rapidly comprehend a car’s history and contrast it with comparable autos.

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AutoSuccess

AUGUST 20, 2024

In December, I wrote about how to make wise cuts to your marketing as the market retracted, and that was the right move then. Now, car sales have surpassed pre-COVID levels, and marketing budgets are surging as many dealers have realized the bottom is already behind us. The result? Hold The Door!

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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. Of course, that’s not necessarily a good thing.

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Auto Remarketing

JANUARY 14, 2025

Digital transformation is expected to also accelerate significantly in 2025, with dealers investing heavily in platforms offering a seamless online car-buying experience. Used car day supply is expected to remain tight and steady. Furthermore, economic pressures will continue to impact the automotive market in 2025.

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Retail Management Vehicle Media 59

AutoSuccess

JANUARY 24, 2025

Digital transformation is expected to also accelerate significantly in 2025 with dealers investing heavily in platforms offering a seamless online car-buying experience. Used car day supply is expected to remain tight and steady. Furthermore, economic pressures will continue to impact the automotive market in 2025.

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