AutoSuccess

JULY 4, 2025

The automotive industry is evolving rapidly, with consumer expectations shifting, competition intensifying and digital transformation changing how people shop for and service vehicles. These conversations contain a wealth of information — customer intent, service requests, sentiment, financing inquiries and competitor comparisons.

Automotive 52

Automotive Finance Preventative Maintenance Management 52

Auto Service World

JUNE 12, 2025

For automotive CIOs and leaders, understanding and acting on these generational changes is crucial for developing successful customer engagement and product development strategies. Additionally, 68 per cent of Gen Zers and 71 per cent of millennials want AI agents to suggest the best financing options, compared to 53 per cent of baby boomers.

Car 236

Car Finance Software Vehicle 236

Auto Service World

MARCH 20, 2025

How economic uncertainty will impact auto service The mechanical automotive service market in Canada faced significant challenges in 2024 and appears poised for continued turbulence as we head into 2025. As consumer confidence waned, many found it difficult to bear the costs of non-discretionary vehicle maintenance. reported a 6.4

Automotive Services 130

Automotive Services Retail Automotive Banking 130

AutoSuccess

MAY 14, 2025

The first quarter of 2025 has delivered new insights into the ongoing digital transformation within the auto finance sector. The Q1 Auto Finance Digital Transformation Index data reveals a continued upward trajectory in the adoption of digital processes, particularly in e-contracting and securitization markets.

Finance 40

Finance Retail Management Automotive 40

CATI

DECEMBER 26, 2024

It offers the chance to combine your passion for vehicles with the independence of running your own business. Technical Expertise in Auto Body Repair You need a deep understanding of vehicle repair and restoration to run a successful auto body shop. The idea of starting your auto body shop is exciting.

Auto Body Shop 111

Auto Body Shop Technical IT Collision Repair 111

Auto Service World

JUNE 6, 2025

During the COVID-19 pandemic when I owned and operated automotive jobber stores, I witnessed firsthand the volatility, lack of control and instability caused by lockdowns. They cascade throughout the broader automotive value chain, eventually reaching the consumer. These conditions created enormous pressure across the industry.

Finance 182

Finance Retail Automotive Vehicle 182

AutoFix

APRIL 10, 2025

Understanding how to adjust your business finances in 2025 as auto repair costs rise isnt just about survival. Modern vehicles demand more advanced diagnostics, tools, and training, which raises the time and cost per job. So how do you stay ahead? Its about learning to adapt, improve, and thrive in a changing landscape.

Finance 52

Finance Auto Repair Auto Repair Shop Service Advisor 52

AutoSuccess

MARCH 19, 2025

With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, one trend stands out: EV buyers opting to lease. By comparison, EVs only made up 2.11% of new vehicle leases in Q4 2020. Part of the shift could be attributed to lower interest rates and average monthly payments for new vehicles.

Finance 52

Finance Banking Vehicle Electric Vehicles 52

Auto Service World

MAY 13, 2025

Heres how shops can manage the challenges The mechanical automotive service market in Canada faced significant challenges in 2024 and appears poised for continued turbulence as we head into 2025. Inventory levels are rebounding and dealer incentives, such as discounts and financing promotions, are returning.

Finance 130

Finance Mechanic Automotive Services Preventative Maintenance 130

Auto Service World

APRIL 22, 2025

The Motor Vehicles Dealers Act (MVDA) isnt the only regulation Canadian automotive companies must follow. The rules governing the automotive industrys financial operations are varied and complex. However, automotive businesses must meet certain conditions, such as considerably lessening market competition.

Automotive 130

Automotive Finance Vehicle Insurance 130

autoevolution

MARCH 12, 2025

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. ) Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process.

Banking 96

Banking Finance Automotive Marketing Automotive 96

Auto Service World

JUNE 26, 2025

New vehicle purchase intentions are leading the charge, with 18 per cent of respondents eyeing a brand-new ride, up four points since late last year. New vehicle purchase intentions are leading the charge, with 18 per cent of respondents eyeing a brand-new ride, up four points since late last year.

Car 130

Car Finance Vehicle Used Cars 130

AutoSuccess

JANUARY 20, 2025

Cox Automotive Inc. As the automotive industry remains stable yet faces major market shifts in the coming year related to fair financing, vehicle electrification and omnichannel buying, dealers must prioritize compliance to protect consumers and themselves from risks.

Automotive 52

Automotive Retail Finance Automobile 52

AutoSuccess

NOVEMBER 26, 2024

Studies reveal that 80% of consumers avoid answering calls from unknown numbers, and this reluctance is especially strong in the automotive industry, where potential buyers fear high-pressure tactics. Customers often associate unsolicited calls with unwanted sales pitches or scams. This approach sets a positive tone for the interaction.

Finance 95

Finance Car Dealership Management Automotive 95

Auto Service World

MARCH 19, 2025

In the face of persistent challenges ahead, parts distributors can help ASPs maintain and grow their business Reflecting on the macroeconomic environment in 2024 and the outlook for 2025, the mechanical automotive aftermarket in Canada faced significant challenges in 2024 and appears poised for continued turbulence as we head into 2025.

Retail 130

Retail Mechanic Automotive Banking 130

Auto Remarketing

APRIL 28, 2025

Do electric vehicles really offer a lower cost of ownership than gas-powered vehicles? The automotive data firms 2025 Electric Vehicle Cost of Ownership Analysis found 44% of the 54 EV models studied had a lower total cost of ownership over five years than a similarly equipped gasoline alternative a drop from 49% in the 2024 study.

Vehicle 59

Vehicle Electric Vehicles Electricity Finance 59

AutoSuccess

NOVEMBER 15, 2024

With so many dealership employees involved in customer communications over the phone — whether it be sales, service, finance, you name it — it can be hard to conceive of bringing these communication channels together. The company also created TestTrack, the automotive industry’s first AI-powered, immersive, customizable training platform.

Tire Rotations 97

Tire Rotations Oil Change Automotive Finance 97

Auto Remarketing

MAY 14, 2025

For the automotive sales industry, transparency in digital advertising is not just legally required, its good for business. Clear and transparent payment disclosure must be integrated into ads, showing the full cost of the vehicle, the monthly payments, interest rates, and any additional fees.

Finance 52

Finance Management Media Vehicle 52

AutoSuccess

MAY 28, 2025

The automotive retail environment has entered a period of accelerated change. For example, if a particular vehicle segment is heating up, they can respond with targeted promotions or inventory adjustments before the competition catches on. Todays dealerships are operating under tighter margins and with higher stakes than ever before.

Automotive 40

Automotive Management Finance Retail 40

Auto Remarketing

NOVEMBER 14, 2024

The automotive dealership landscape has seen significant changes in recent years, particularly in the wake of fluctuating profitability and high interests. The average gross profit per new vehicle sold currently is just under $2,500, which is a 53% decline from the peak of $5,200 in December 2021.

Automotive 52

Automotive Finance Management Retail 52

Auto Service World

FEBRUARY 20, 2025

With the global vehicle repair and maintenance market steadily growing, building a scalable, well-structured business is essential for long-term success. Plan Your finances strategically Financial planning is critical for managing startup costs, operational expenses, and long-term investments.

Electric Vehicles 130

Electric Vehicles Management General Repair Electricity 130

AutoSuccess

MAY 25, 2025

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold for months.

Management 40

Management Finance Vehicle Automotive 40

Automotive Fleet

JUNE 13, 2025

Photo: ThisIsEngineering/ Pexels Privacy4Cars, a technology company that develops tools to protect data privacy and secure vehicle data for automotive businesses, recently received a new federal patent for its system and method that rates vehicles on data privacy. Search Search Telematics Safety Resources More Topics Oct.

Vehicle 52

Vehicle Media Management Trucking 52

AutoSuccess

NOVEMBER 1, 2024

Consumers filed 2,821 consumer complaints in the “vehicle loan or lease category” between June 1st, 2024, and September 1st, 2024. The CFPB has been intensifying its efforts to combat what it terms “junk fees” across various financial products and services, including those in the automotive industry.

Finance 52

Finance Insurance Automotive Management 52

RepairSmith

NOVEMBER 14, 2024

Pros Explained Electric cars have become a hot topic in the automotive world. Let’s dive into how electric cars can be a positive choice for both the planet and your finances. In contrast, electric vehicles (EVs) produce zero tailpipe emissions. How Do Electric Cars Benefit the Environment?

Electricity 52

Electricity Electric Cars Electric Vehicles Car 52

Tire Review Magazine

JANUARY 15, 2025

Supporting Careers in the Automotive Aftermarket Industry Since 1986, UAF has awarded millions of dollars in scholarships to thousands of students pursuing technical and professional careers in the automotive aftermarket. UAF helps pave the way for the next generation of automotive aftermarket leaders, Barna said.

Education 52

Education Technical Finance Automotive 52

AutoSuccess

FEBRUARY 5, 2025

Mavsign’s integration with RouteOne integration transforms the vehicle transaction process by integrating RouteOne’s finance and insurance platform with Mavsign’s advanced remote signing and verification capabilities, delivering unparalleled efficiency and security.

Finance 52

Finance Insurance Retail Vehicle 52

Auto Remarketing

APRIL 11, 2025

The automotive industry has always been cyclical, but todays market conditions present a new set of challenges. With a 25% tariff being imposed on all imported vehicles, dealer principals must rethink their long-term strategies. Furthermore, rising costs will impact financing. The average monthly car payment in the U.S.

Management 52

Management Retail Automotive Finance 52

Tire Review Magazine

JANUARY 15, 2025

Supporting Careers in the Automotive Aftermarket Industry Since 1986, UAF has awarded millions of dollars in scholarships to thousands of students pursuing technical and professional careers in the automotive aftermarket. UAF helps pave the way for the next generation of automotive aftermarket leaders, Barna said.

Education 52

Education Technical Finance Automotive 52

Auto Remarketing

MARCH 27, 2025

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold for months.

Management 59

Management Finance Vehicle Automotive 59

AutoSuccess

DECEMBER 9, 2024

Streamlined Communication: The Key to Speed In automotive repair, communication is king. For example, in detailing a vehicle, every technician should start at the front bumper and follow a specific sequence. However, its not just physical movement that wastes time communication delays can be just as detrimental.

Management 52

Management Finance Automotive Repair Customer Service 52

AutoSuccess

JUNE 18, 2025

For the automotive industry — spanning rentals, dealerships, insurance providers and financing institutions — that currency is increasingly being challenged. In the rental sector, common schemes involve fraudsters presenting fake driver’s licenses and stolen or prepaid credit cards to access vehicles.

Insurance 52

Insurance Finance Automotive Vehicle 52

AutoSuccess

JULY 2, 2025

For years, the automotive industry has navigated a complex landscape of regulations, from sales practices to lending laws. This includes details like Social Security numbers, bank account information and loan documents — the very backbone of auto financing.

Banking 40

Banking Finance Automotive Management 40

AutoSuccess

JANUARY 31, 2025

CarJazz.ai , a groundbreaking innovation in automotive retail, announced its debut as the worlds first fully AI-assisted local dealer marketplace. CarJazzs advanced natural language recognition allows shoppers to interact with vehicles as if they were speaking to a knowledgeable friend. or What is your MPG?

Finance 52

Finance Retail Car Vehicle 52

AutoSuccess

MARCH 4, 2025

He also drafted and redrafted a generic suite of all the consumer-facing documents needed to underwrite a vehicle transaction for dealers. In 1994, he drafted Florida Statute, Chapter 521, Motor Vehicle Lease Disclosure Act, the first lease disclosure statute of its kind, providing basic disclosures.

Finance 40

Finance Education Retail Insurance 40

AutoSuccess

JUNE 16, 2025

imposed a sweeping 25% tariff on imported vehicles — part of a broader strategy aimed at pressuring foreign governments to shift manufacturing to U.S. automotive industry is bracing for lasting impact, especially if a standoff with China escalates into a full-blown trade war. For one thing, consumers are catching a break in financing.

Finance 52

Finance Car Management Auto Market 52

Auto Remarketing

JUNE 3, 2025

Electric vehicles appear to be losing some juice with consumers, if AAA research is taken at face value. adults report being very likely or likely to purchase a fully electric vehicle (EV) as their next car. Since we began tracking interest in fully electric vehicles, weve seen some variability, AAAs Greg Brannon said.

Electric Vehicles 52

Electric Vehicles Electricity Finance Retail 52