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Deceived Fisker Ocean Owners Get an Offer They Can't Refuse From JPMorgan Chase

autoevolution

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. ) Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process.

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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.

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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccess

In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. The Impact of Inflation on Vehicle Ownership Inflation creates significant increases in the cost of vehicle ownership.

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Live Chat Revs Up Automotive Marketing in 2024

AutoSuccess

According to Cox Automotive, the new vehicle inventory supply is near its highest point since June 2020. At the same time, dealers are seeing triple-digit increases in floor plan expenses, mainly due to increased interest rates, according to Auto Finance News. For many auto dealers, 2024 is shaping up to be a challenging year.

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How CarGurus Is Changing the Car Buying Process

Auto Service World

In this article, well explore how CarGurus is reshaping the automotive marketplace and changing the car-buying process for consumers and dealerships alike. Simplifying the Car-Buying Experience CarGurus has fundamentally changed the way consumers search for and purchase vehicles.

Car 130
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DealerAI Introduces MAGS

AutoSuccess

AI agents powered by MAGS can specialize in different areas, such as: Sales and Lead AI: Engages leads, recommends vehicles and assists with financing inquiries. F&I AI: Guides customers through financing, warranty options and protection plans. ” Now available in the U.S.

Finance 52