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From the Magazine: Headwinds awaiting your shop

Auto Service World

Reflecting on the macroeconomic environment in 2024, the start of 2024 saw mechanical retail service locations performing well. However, by the second quarter, disinflationary trends began to emerge as the Bank of Canada maintained tight monetary policy to combat the lingering effects of high inflation. For example, Monro, Inc.,

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From the Magazine: Navigating a turbulent year ahead

Auto Service World

At the start of 2024, mechanical retail service locations were performing well. However, by the second quarter, disinflationary trends began to emerge as the Bank of Canada maintained tight monetary policy to combat the lingering effects of high inflation. However, this cycle has been atypical.

Mechanic 130
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Is a Vehicle Test Drive Still Relevant Today?

AutoSuccess

In today’s virtual world, there are online auto retailers whose sales process is designed without a test drive prior to the customer deciding to do business with them. is rather obvious on pre-owned vehicles, since no two pre-owned vehicles are exactly the same and they have wear and tear that new vehicles do not.

Vehicle 116
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Used- and new-car sales will require more finesse in 2024

Auto Remarketing

Sure, franchised dealer used-vehicle sales in 2023 fell 7% compared to the previous year and used retail prices declined 3%. Nonetheless, it wasn’t such a bad year for the used market, and 2024 won’t be so bad either, Jonathan Banks, J.D. Power vice president of product development, valuation services, said during the J.D.

Banking 98
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Reynolds Retail Summit: Amplify 2024

AutoSuccess

The Reynolds and Reynolds Company announced the official details for its Reynolds Retail Summit: Amplify 2024. It seeks to foster an environment where attendees explore collaboration and innovation as the retail automotive industry pushes forward into the future. course at the Lansdowne Resort.

Retail 52
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Here’s what to do at AAPEX and SEMA

Auto Service World

At the Aftermarket Outlook 2025 session, Circana’s executive director and industry analyst, Nathan Shipley, will cover trends observed in general retail and the aftermarket over the past two years. He will also make the same presentation at SEMA at W311 from 11 a.m. to noon on Nov. This session will take place on Nov. 6, from 11 a.m.

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Dealership Communication Solution: New Toolkit for Auto Dealers

AutoSuccess

Dealers can help consumers purchase, finance, lease, service, trade in and sell their vehicles. The toolkit empowers retailers by providing ready-to-use and customizable resources. It streamlines market communications and positions dealers as trusted sources. They provide ongoing insights on the latest news and trends.

Banking 52