Solera

MAY 4, 2025

In a sea of similar inventory and competitive prices, dealerships that master exceptional CX sell more vehicles and establish a sustainable competitive advantage that will drive profitability for years to come. Self-Service Options: Many prefer to do their own research and vehicle configuration before involving your sales team.

IT 130

IT Professional Services Finance Vehicle 130

Auto Service World

JUNE 6, 2025

” With new vehicle supply severely constrained, inflation driving up prices and interest rates making vehicle financing less accessible, consumers held on to their cars longer. As disposable income shrinks and vehicle kilometres travelled decrease, many consumers are deferring or avoiding repairs.

Finance 169

Finance Retail Automotive Vehicle 169

Auto Service World

MARCH 4, 2025

The study highlighted the growing satisfaction among electric vehicle (EV) buyers, who are leading the way in satisfaction during the car-buying process. ” New-vehicle buyers reported a record 75 per cent satisfaction rate with the overall shopping experience, the highest in the study’s history.

Car 130

Car Finance Vehicle Automotive 130

autoevolution

JUNE 4, 2025

In a recent interview with Yahoo Finance, Rivian's software chief Wassym Bensaid said, "R2 is the platform that will underpin all future EV products at Volkswagen." " This line was taken out of context by various news outlets, which implied the German carmaker would adopt Rivian's vehicle platform.

Finance 52

Finance IT Software Vehicle 52

AutoShopOwner

APRIL 2, 2025

Separate Business and Personal Finances: This is crucial. Track Mileage: If you or your employees use personal vehicles for business purposes (e.g., Tax Tip #2: Dont Be Afraid to Leverage Technology Technology is your best friend when it comes to efficiently managing the finances in your auto repair business. Every bit matters.

Auto Repair Shop 130

Auto Repair Shop Auto Repair Banking Finance 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. Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. )

Banking 96

Banking Finance Automotive Marketing Automotive 96

Auto Service World

MAY 13, 2025

From rising grocery prices to the increased cost of consumer goods, household budgets have become strained, directly affecting the demand for vehicle maintenance and repairs. Competing against dealerships As interest rates begin to fall, dealerships are regaining their ability to offer attractive leasing and financing options.

Finance 130

Finance Mechanic Automotive Services Preventative Maintenance 130

CATI

SEPTEMBER 28, 2023

The considerations are multifaceted, from fuel efficiency to safety features, financing options, and after-sales services. The Importance of Affordable Car Financing Options Affordability is a key concern for the majority of car buyers in Canada. One primary benefit of affordable financing options is expanding the customer base.

Finance 110

Finance Automotive Banking Car 110

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

AutoShopOwner

JUNE 4, 2025

Running an auto repair shop means staying busy with customer vehicles, managing your techs, ordering parts, and trying to find time to breathe. But halfway through the year is the perfect moment to hit pause and look under the hood of your auto repair business finances. These added expenses can quietly chip away at your margins.

Auto Repair Shop 130

Auto Repair Shop Auto Repair Finance Insurance 130

Automotive Training Centre

JANUARY 23, 2024

In the fast-paced world of auto sales, a dealership’s ability to succeed depends not only on the caliber of the vehicles it offers but also heavily on the abilities and teamwork of its sales staff. Teamwork makes the dream work in any establishment or organization, including auto dealerships.

Service Advisor 260

Service Advisor Finance Auto Mechanic Training Management 260

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

Automotive Training Centre

OCTOBER 31, 2023

In today’s economy, owning a vehicle is no longer a luxury but a necessity. These loans can be arranged in two ways: Loans arranged through a dealer: Most dealers collaborate with a manufacturer’s financing division, banks, credit unions, or independent finance companies. Furthermore, leasing offers flexibility.

Automotive 278

Automotive Finance Banking Auto Mechanic Training 278

Auto Service World

SEPTEMBER 26, 2024

New data from Statistics Canada highlighted a significant increase in zero-emission vehicle (ZEV) registrations, reaching 12.9 per cent of all new vehicle registrations in the second quarter of 2024. When hybrids are included, more than 106,000 low-emission vehicles were added. per cent of all new vehicle registrations.

Electric Vehicles 288

Electric Vehicles Electricity Vehicle Finance 288

Auto Service World

JANUARY 14, 2025

A program designed to encourage Canadians to buy zero-emission vehicles will pause by the end of this quarter as planned. CADA, the Global Automakers of Canada and the Canadian Vehicle Manufactures Association (CVMA) hosted a press conference on Jan. per cent in 2019 to 11.7 per cent in 2023 , according to the federal government.

Transportation 278

Transportation Electric Vehicles Vehicle Finance 278

Automotive Training Centre

DECEMBER 12, 2023

From the rise of electric vehicles to the integration of artificial intelligence into vehicles, the landscape is evolving at an unprecedented pace. Interest rates have reached their highest levels in years, increasing costs for consumers seeking financing for vehicle purchases.

Automotive 288

Automotive Auto Mechanic Training Finance Customer Service 288

Auto Service World

JUNE 12, 2025

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. Almost 40 per cent of Gen Zers say they’d delay or cancel buying a car due to difficulties choosing the right vehicle, compared to only 21 per cent of baby boomers.

Car 130

Car Finance Software Vehicle 130

AutoSuccess

DECEMBER 23, 2024

Bob and Brian discuss APC s post-sale service contract program, which aims to offer service contracts to customers who either declined them during the finance process or are using the dealership’s service department without one.

Finance 98

Finance Vehicle IT 98

Auto Service World

MARCH 20, 2025

Historically, the automotive service industry demonstrates an inverse relationship with economic conditions: In prosperous times, new vehicle sales increase, reducing the average vehicle age and lease/finance turnovers, which dampens service revenue growth. However, this cycle has been atypical. For example, Monro, Inc.,

Automotive Services 130

Automotive Services Retail Automotive Banking 130

Automotive Training Centre

JULY 3, 2024

Electric vehicles (EVs) have become a significant part of the automotive school landscape, driven by technological advancements and growing environmental consciousness. Currently, the province provides up to $7,000 for new fully electric vehicles, $5,000 for plug-in hybrids, and $3,500 for used EVs.

Automotive 290

Automotive Electric Vehicles Electricity Transportation 290

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

Auto Service World

MARCH 15, 2025

Meta description: Discover why vehicle history reports are crucial for used car transactions, providing transparency, negotiation leverage, and peace of mind for both buyers and sellers. In the complex world of used car purchases, vehicle history stands as perhaps the most valuable tool for both buyers and sellers.

Used Cars 130

Used Cars Vehicle Car Insurance 130

Auto Service World

APRIL 22, 2025

The Motor Vehicles Dealers Act (MVDA) isnt the only regulation Canadian automotive companies must follow. Under Ontario Regulation 333/08, anyone selling, leasing or trading vehicles in Ontario must register with OMVIC before conducting transactions. Each transaction must comply with federal and provincial laws.

Automotive 130

Automotive Finance Vehicle Insurance 130

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

OCTOBER 26, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

Auto Service World

OCTOBER 5, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

Auto Service World

APRIL 15, 2025

Ways to pay will continue to be an area of growth, as higher demands will be put on auto repair shops to offer consumer credit options, easy monthly payment plans and affordable financing to help manage rising repair costs. The expectation is that modern vehicles should be repaired and maintained by modern shops and expertly trained staff.

Car 130

Car Auto Repair Shop Auto Repair Service Advisor 130

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

Auto Service World

MARCH 19, 2025

Historically, the automotive aftermarket demonstrates an inverse relationship with economic conditions: In prosperous times, new vehicle sales increase, reducing the average vehicle age and lease/finance turnovers, which dampens aftermarket service revenue growth. However, this cycle has been atypical. For example, Monro, Inc.,

Mechanic 130

Mechanic Retail Automotive Banking 130

Auto Remarketing

JULY 30, 2024

Perhaps it’s jumping to conclusions, but the only segment in Black Book’s tracking to squeeze out a wholesale value uptick last week might relate to vehicles in position to solve one of the pressing current challenges to get cars financed and retailed.

Vehicle 105

Vehicle Retail Finance Used Cars 105

Auto Service World

JUNE 18, 2024

The 2024 report provides a comprehensive, data-driven analysis of the current market, including consumer buying attitudes, financing trends and detailed vehicle comparisons. Cars.com has released its second annual Affordability Report, highlighting a more accessible retail environment for car buyers.

Finance 147

Finance Retail Vehicle Car 147

Auto Service World

APRIL 13, 2025

If you’re considering a high-end vehicle, it’s important to understand these hidden costs to make an informed decision, and know what you can actually do about them. Insurance Premiums Are Significantly Higher Luxury vehicles often come with higher insurance costs due to their value and the expense of repairs.

Insurance 130

Insurance Car Finance IT 130

Auto Remarketing

JANUARY 8, 2025

Enhancing transparency and trust in remarketing Blockchain offers a unique advantage in auto remarketing by providing an immutable ledger for vehicle histories. Imagine a system where every vehicles maintenance, ownership, and accident records are securely recorded on a blockchain.

Automotive 52

Automotive Finance Consulting Education 52

Auto Service World

MARCH 23, 2025

In this guide, well explain everything new drivers need to know about car insurancehow it works, how your premium is calculated, and what impact a PCP car finance agreement may have on your insurance requirements. Becoming a driver for the first time is a major milestonebut it also comes with important responsibilities.

Insurance 130

Insurance Finance Car Vehicle 130

AutoSuccess

JANUARY 9, 2024

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. The big questions are how much wear, and has that wear affected the drivability of the vehicle? Bottom line: Driving the vehicle has a big effect on the customer.

Vehicle 116

Vehicle Retail Banking Finance 116

AutoSuccess

SEPTEMBER 6, 2024

In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. The Impact of Inflation on Vehicle Ownership Inflation creates significant increases in the cost of vehicle ownership.

Vehicle 98

Vehicle Insurance Finance Used Cars 98

AutoSuccess

NOVEMBER 26, 2024

Personalization and Customization: Texts can be tailored to a customer’s specific interests using data-driven insights, such as updates on a specific vehicle model or financing options. This immediacy makes it ideal for initiating contact with potential customers. This approach sets a positive tone for the interaction.

Finance 95

Finance Car Dealership Management Automotive 95