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Cherokee Media Group’s Bill Zadeits — who many industry leaders consider to be as cool as Will Smith — will also be saying, “Welcome to Miami” next spring. Built on the success of UsedCar Week, the UsedCar Industry Summit will highlight the best of the used-car industry.
At the upcoming Auto Intel Summit in April, Cherokee Media Group is launching the Automotive Intelligence Awards , which expands the program previously known as the Emerging 8. For the seventh year, Cherokee Media Group will honor companies that improve a specific aspect of the automotive industry through technology.
And in the same spirit of trying something new, we fellow North Carolinians at Cherokee Media Group are also thinking outside the Bo Box with a new EV venture. A major focus of our new conference — the UsedCar Industry Summit , set for April 13-15 at the waterfront and luxurious InterContinental Miami — will be used electric vehicles.
As part of the inaugural Automotive Intelligence Awards , Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-carretail, finance and remarketing industries.
The arrows are pointing up for almost all aspects of the auto retail industry in 2025 with one notable exception. The supply of used vehicles. In Cox Automotives recent 2025 forecast call with industry media and analysts, chief economist Jonathan Smoke painted a rosy picture for whats ahead.
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-carretail, finance and remarketing industries.
Graphic: Cox Automotive Used-vehicle inventory levels at the start of June dropped slightly month over month , but inventory was relatively flat compared to early June 2024, according to a Cox Automotive analysis of vAuto Live Market View data released June 13. Usedretail were at 1.53 million reported in April.
As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. Usedcar day supply is expected to remain tight and steady. For more information, visit www.lotlinx.com.
As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-carretail, finance and remarketing industries. More details to come.
As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-carretail, finance and remarketing industries.
As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. Usedcar day supply is expected to remain tight and steady.
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-carretail, finance and remarketing industries.
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-carretail, finance and remarketing industries.
It was good news, bad news for the retailused-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% Used-vehicle demand has dropped 0.2%
Like the Earp brothers in “Tombstone,” the used-car industry is reuniting in Arizona this year for UsedCar Week. While the sunshine, balmy climate and cool desert nights remain, much has changed in the five years since UsedCar Week made its way to the Grand Canyon State.
Total new vehicle sales for June , including retail and non-retail transactions, were expected to reach between 1.3 Legacy Philosophies in Managing Inventory The traditional thinking for many dealers is that you have to move a usedcar in 30 days and move a new car or truck in 45 days. million and 1.2
The company is uniting its various commercial brand names under Cars Commerce and doubling down on its platform strategy to better connect the industry with a simplified and tierless technology that spans pretail, retail and post-sale activities. 1 most recognized marketplace brand.²
This enhancement introduces new solutions focused on UsedCar Pricing, Service Management, and New Car Sales Negotiation, further empowering dealerships to optimize their operations and profitability. “Our upgraded AI Factory is not just a technological advancement.
Inventory is growing faster for new compared with used. Total new vehicle sales for June, including retail and non-retail transactions, were expected to reach between 1.3 In the context of auto retailers, AI can predict which vehicles are likely to sell quickly and which might be carried over. million and 1.2
As we continue to navigate the shifting landscape in auto retail, one thing has become crystal clear: the days of cost-cutting have ended. Now, car sales have surpassed pre-COVID levels, and marketing budgets are surging as many dealers have realized the bottom is already behind us. What does the data show?
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