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As the automotive industry accelerates towards hybrid and electricvehicles (EVs), a new challenge has emerged: a significant shortage of qualified hybrid and electricvehicle mechanics to service these advanced vehicles. Hands-On Training: Practical experience is a cornerstone of ATC’s approach.
The global automotive industry is undergoing a significant transformation, with 2025 poised to bring new developments influenced by key events in 2024. These factors, it noted, are shaping the automotivemarket and pushing the industry towards a more connected and autonomous future. Canada and the U.S.
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Electricvehicle (EV) sales are continuing to grow, but the once-rapid pace of adoption is beginning to slow as the market reaches a new stage of maturity.
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The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. While March delivered a sharp 19% rebound in new vehicle sales largely driven by consumers rushing to purchase ahead of tariff price adjustments the earlier months of the quarter were marked by a slight decline.
Used car prices continue to decline as availability increases and new car prices have stabilized in the Canadian automotivemarket, according to analysis from AutoTrader.
The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. While March delivered a sharp 19% rebound in new vehicle sales largely driven by consumers rushing to purchase ahead of tariff price adjustments the earlier months of the quarter were marked by a slight decline.
The automotive industry is undergoing a generational transformation with the continued use of electricvehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.
The automotive industry is undergoing a generational transformation with the continued use of electricvehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.
Lotlinx announced its Q4 Quarterly Vincensus Report, which offers insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences and markdown/pricing strategies. Click here to access the full Q4 Quarterly Vincensus Report.
As we look back on Q3, the automotivemarket has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10% sales increase for new vehicles despite challenges like the CDK Global cyber incident. For more information, visit www.lotlinx.com.
The National Automobile Dealers Association (NADA) Show, which will be held in New Orleans in January 2025, is one of the most impactful events in the automotive retail sector. Networking Opportunities The event attracts professionals from across the automotive industry, including manufacturers, vendors and other dealerships.
“Volkswagen and Škoda are major players in the global automotivemarket, and this partnership underscores our commitment to providing top-tier tires for premium vehicles. This strategic move highlights the technological capabilities of Kumho Tire and its growing presence in the premium tire market.
The workers, though, still face uncertainty in the face of a shifting automotivemarket. As manufacturers transition to electricvehicles, those workers need to know they won’t be left out in the cold, and those assurances are still forthcoming. The United Auto Workers strike has — tentatively — ended. Read more.
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John Howard, who is director of product management with Experian Automotive, returned for another visit on the Auto Remarketing Podcast. This episode focused on Experian’s latest look at automotivemarket movements, how much riper that aftermarket “sweet spot” is now and loyalty trends with hybrid and electricvehicles.
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. As a result, they’re bringing their vehicle in for service or maintenance more often: an average of 2.5 for the average gas vehicle.
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Not surprisingly given the recent price drops among electricvehicles, the Tesla Model Y was at the top of the list of popular models with falling trade values, losing $7,771 — 21.8% August marks another milestone in the automotive industry’s return to normalcy,” she said. year-over-year and 13.3% from August 2022.
Rolling resistance, durability and overall comfort all play a huge role in tire design, but these characteristics are under a bright-hot spotlight in the context of electricvehicle tires.
Rolling resistance, durability and overall comfort all play a huge role in tire design, but these characteristics are under a bright-hot spotlight in the context of electricvehicle tires.
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“Volkswagen and Škoda are major players in the global automotivemarket, and this partnership underscores our commitment to providing top-tier tires for premium vehicles. This strategic move highlights the technological capabilities of Kumho Tire and its growing presence in the premium tire market.
auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. Powered by the best data and keenest insights, Cox Automotive developed five themes that offer a collective vision and valuable perspective on the road ahead for the U.S. For the U.S. auto industry.
The Automotive Service Association (ASA) is not anti-EV or pro-EV. We just want to make sure that our members are in a position to service the vehicles that enter their facilities. On top of enacting a major regulation that will dramatically upend the automotive industry, the federal government allocated $7.5
The Automotive Service Association (ASA) is not anti-EV or pro-EV. We just want to make sure that our members are in a position to service the vehicles that enter their facilities. On top of enacting a major regulation that will dramatically upend the automotive industry, the federal government allocated $7.5
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