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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 automotivemarketing and data software firm ZeroSum and car-shopping platform Edmunds. ZeroSum’s full State of the Dealer report can be downloaded here.
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.
Have you ever downloaded the title clerk’s training manual from your state DMV? In today’s competitive automotivemarket, 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.
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.
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.
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.
In the face of uncertainty in the automotivemarket, 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.
The traditional methods of inventory management, reliant on manual processes and intuition, are proving inadequate in the face of rapidly evolving consumer preferences, market fluctuations and the complexities of the automotive industry. Power/GlobalData, Cox Automotive and S&P Global Mobility 1.
Consumer Insights Report from CarGurus reinforced this market condition. The full study from CarGurus is available for download via this website. For a complete picture of the buy/sell journey, the survey also considered sentiment after the transaction.
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