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Cyberattacks cost auto industry $22.5B in 2024, vulnerabilities reach record high

Auto Remarketing

Automotive cybersecurity firm VicOne explored those threats, along with trends, predictions and recommendations, in Shifting Gears: VicOne 2025 Automotive Cybersecurity Report , an in-depth analysis that found concerning signs for the global automotive industry in 2025, the company said. The full report can be downloaded here.

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Kelley Blue Book Report: New-Vehicle Prices Increase Year Over Year in February

AutoSuccess

The monthly new-vehicle average transaction price (ATP) report from Cox Automotives Kelley Blue Book was just released. Key takeaways from February include: The estimated February new-vehicle ATP from Kelley Blue Book was $48,039, a year-over-year gain of 1.0%, but lower by 1.3% Incentives for electric vehicles (EVs) increased.

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Report Shows Average New Vehicle Prices Climb Higher for Fourth Consecutive Month

AutoSuccess

New vehicle prices in December climbed higher for the fourth consecutive month and were close to the all-time high marked in December 2022. Average transaction prices (ATPs), as measured by Cox Automotives Kelley Blue Book , typically peak in December, as high-priced models from luxury makers often sell well in the final month of the year.

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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

AutoSuccess

The Q1 2025 Cox Automotive Dealer Sentiment Index (CADSI) reports that the U.S. “Certainly, a theme that continues through all of the findings is that the first quarter is better than a year ago for sure,” noted Cox Automotive Chief Economist Jonathan Smoke. Expectations for the electric vehicle market rose in Q1.

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Kelley Blue Book: June Vehicle Prices Rise, EV Incentives Hit Record

AutoSuccess

The average June vehicle prices ticked higher, according to data from Kelley Blue Book, a Cox Automotive brand. EV prices decline as incentives reach record levels Electric vehicles saw declining prices and rising incentives. The average transaction price (ATP) in June reached $48,907 — up 0.4%

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70% of recall issues can be detected early using connected car data, report says

Auto Remarketing

Upstream’s report, Under Pressure: Why After-Sales Quality Strategies Must Evolve in the Age of Connected Vehicle Data and AI , said the causes of 70% of all recalls since 2020 and 89% of those involving electric vehicles could have been detected earlier using connected vehicle signals.

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Streamlining Auto Shop Efficiency and Productivity: Tips to Drive Success

Automotive Management Network

With rising customer expectations, increasing competition, and ongoing automotive technology improvements, auto repair professionals must find ways to streamline operations. Investing in ongoing training ensures your team stays up-to-date with the latest automotive technologies and repair techniques.