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

Auto Remarketing

Used sales jumped almost 4% in May to their second-highest monthly total in more than a year as consumers turned to more affordable used options, according to new data from automotive marketing and data software firm ZeroSum and car-shopping platform Edmunds. ZeroSum’s full State of the Dealer report can be downloaded here.

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Lotlinx: Q3 shows high day supply, largely aging vehicle inventory

Auto Remarketing

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.” The post Lotlinx: Q3 shows high day supply, largely aging vehicle inventory appeared first on Auto Remarketing.

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Benefits of Outsourcing Title Work

AutoSuccess

Have you ever downloaded the title clerk’s training manual from your state DMV? In today’s competitive automotive market, efficiency must be a priority. The role is considered tedious and low paying by many of today’s job candidates’ standards. Training an inexperienced title clerk takes time, patience and resources.

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Cox study shows dealership service lanes losing market share, consumer trust

Auto Remarketing

Dealership service departments are not only losing market share to general repair shops — they’re also losing the trust of consumers, according to the latest research by Cox Automotive. You can download a summary of “Under the Hood: Opportunities and Challenges in the Service Industry” here or reserve a copy of the eBook here.

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Lotlinx launches Vincensus Report for monthly/quarterly look at market data

Auto Remarketing

Vincensus is a syndicated report designed to demonstrate the state of automotive inventory across major OEMs and serve as a detailed comparative analysis that shows how each OEM is performing against industry benchmarks so dealers can see where they rank among their competition.

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Lotlinx Unveils Vincensus

AutoSuccess

Vincensus is a monthly and quarterly syndicated report crafted to demonstrate the state of automotive inventory across major OEMs. ” Click here to download the inaugural Q1 Vincensus Report. The post Lotlinx Unveils Vincensus appeared first on AutoSuccessOnline.

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Cox survey finds dealer sentiment stable – at a pessimistic level

Auto Remarketing

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. The full results can be downloaded here.