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Hypothetical Next-Gen Toyota Corolla Gets Imagined as the Definitive Tesla Model 3 Rival

autoevolution

Last year, the Japanese automaker Toyota emerged as the runner-up behind the eternal General Motors leader of the American automotive market. million vehicles while the Japanese carmaker fared a little over 2.24 So, what needs to change to claim the throne? GM delivered around 2.6 million – not because of lack of trying.

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Are You Chasing Leads? Or Are You Pursuing Active Buyers?

AutoSuccess

This could include tailored vehicle recommendations, specific financing options or even personalized video messages from sales staff. It’s also important for dealerships to recognize that the definition of an “active buyer” may vary depending on the type of vehicle and the target demographic.

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Twists, Turns and Tariffs

AutoSuccess

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. According to Cox Automotive, March closed with a notable surge in new vehicle sales, as consumers rushed to purchase ahead of anticipated price increases.

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Cox Automotive’s Q4 dealer survey finds pessimism rampant

Auto Remarketing

The Cox Automotive Dealer Sentiment Index for the fourth quarter of 2023 showed a sharp drop from Q3, which Cox analysts attributed to the ongoing adverse effects of high interest rates and a weakening economy on the automotive market, the two factors cited most by dealers as holding back their business.