Remove Automotive Marketing Remove Management Remove Used Cars
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Creating Predictable Profit in a Volatile Automotive Market

AutoSuccess

In 2024, dealerships face a challenging landscape, with revenue and new car sales on the decline. As profit margins tighten, managing profitability has become more crucial than ever. However, amid these challenges, used vehicle sales present a bright spot.

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Tariff-fueled new-car volatility drives used-car momentum, studies show

Auto Remarketing

New-car inventory is falling while prices are elevated and likely to rise more as the tariff era continues. And that’s good news for the used-car sector. The used-vehicle sector is continuing to benefit from the turbulence in the new-vehicle marketplace,” ZeroSum vice president of dealer success Josh Stoll said.

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COMMENTARY: Shifting gears & key takeaways from the Lotlinx Q4 report

Auto Remarketing

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. Certain brands faced notable inventory challenges.

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COMMENTARY: 2025 auto retail outlook, as machine learning meets inventory intelligence

Auto Remarketing

The focus is shifting from customer-facing AI applications to leveraging these technologies for back-end data optimization, particularly in inventory management and operational efficiency. Its not just about inventory management; rather, its the powerful intersection of inventory data, audience data, and media consumption data.

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2025 Auto Retail Outlook: Machine Learning Meets Inventory Intelligence

AutoSuccess

The focus is shifting from customer-facing AI applications to leveraging these technologies for back-end data optimization particularly in inventory management and operational efficiency. It’s not just about inventory management; rather, it’s the powerful intersection of inventory data, audience data and media consumption data.

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How CarGurus Is Changing the Car Buying Process

Auto Service World

Simplifying the Car-Buying Experience CarGurus has fundamentally changed the way consumers search for and purchase vehicles. The platform simplifies every step of the process, making it more accessible and manageable for both new and experienced buyers.

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

AutoSuccess

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. According to Cox Automotive’s June 2024 Auto Market Report, the average new car loan interest rate is 10.1% for used car loans.

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