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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

AutoSuccess

The mix of used-vehicle inventory at the time of the survey was good, according to both franchised and independent dealers. Mixed Views on Electric Vehicle Sales and Market Expectations Dealers’ views on electric vehicle (EV) sales improved in Q1 compared to the previous quarter and last year.

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Tariffs far behind communications, service among complaints in reviews

Auto Remarketing

The report noted the reversal of a trend that showed up in 2024, when reviews of electric vehicles included complaints about the dealership sales staff’s knowledge 76% more often than reviews of gas-powered vehicles. This is a retail revolution in motion.” The full report can be downloaded here.

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EV news: ‘Policy limbo’ creates window of opportunity for BEV buyers; survey shows top concerns for charging companies

Auto Remarketing

Is right now the best time to buy an electric vehicle? Powers electric vehicle practice, said battery-electric vehicles are more affordable now than they will be in the future. Power EV Index update, as well as the companys EV Retail Share Forecast, 2025 U.S. The full report can be downloaded here.

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Bridgestone Retail Operations Plants More than 80,000 Trees for App Campaign

Tire Review Magazine

Bridgestone Retail Operations (BSRO) will support the planting of 86,825 tree seedlings thanks to its third annual app campaign, “Download the App, Plant a Tree.” During that period, BSRO pledged to plant one tree for each My Firestone or Tires Plus app download. We are grateful for their support.”

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Bridgestone Retail Operations donates 54,000 trees

Tire Review Magazine

Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas , will plant more than 54,000 trees across the country as a result of the company’s second annual “Download the App, Plant a Tree” campaign. The post Bridgestone Retail Operations donates 54,000 trees appeared first on Tire Review Magazine.

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Experian report shows EV landscape shifting toward non-luxury models

Auto Remarketing

It might not be an earthquake, but the landscape of electric vehicles is beginning to shift. The growth in non-luxury options has also caused a shift in non-luxury EV retail market share. The full report is available for download here. The report found the market share of non-luxury EVs rose to 26.6% in Q2 2023.

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Report: While profit margins fall, dealership acquisitions continue to rise

Auto Remarketing

Among those sales, the sell-side advisors for auto dealers said, was the third-largest transaction in auto retail history – the sale of Jim Koons Automotive’s 20 dealerships, generating $3 billion in revenue, to Asbury Automotive Group. A preview of the report can be downloaded here. Click here to subscribe for the full report.

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