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From the Magazine: Under Pressure

Auto Service World

As the cost of doing business climbs and global supply chains tighten, parts retailers are being forced to rethink how they manage inventory, pricing and customer expectations. The widening spectrum of vehicle age is adding to the challenge, however. When it comes to inventory, they’re not worried … yet.

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Car buyer satisfaction reaches record highs

Auto Service World

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.

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Cherokee Media Group bringing Used Car Industry Summit to Miami in April

Auto Remarketing

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. Part of that expansion is multiple conversations and presentations focused on used electric vehicles. More details can be found at [link].

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Why Isn’t Your Dealership Maximizing VDPs in Your Lead-Gen Strategy?

AutoSuccess

One of the most significant hurdles is the underutilization of a dealer website’s vehicle detail pages (VDPs) in their lead generation strategies. This shift in consumer behavior underscores the critical importance of a strong online presence for retailers.

Media 105
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EMG, SiriusXM Drive Dealership Market Share Growth with Study

AutoSuccess

Auto dealerships aiming to gain an edge may want to rethink how they use streaming media in local markets. A new study from EMG, in collaboration with SiriusXM Media and powered by EMG’s Maven platform, revealed major results. Market share serves as the clearest indicator of real-world retail performance.

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Wholesale Used-Vehicle Prices Decrease in May

Automotive Fleet

Graphic: Cox Automotive Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in May compared to April , according to the Manheim Used Vehicle Value Index (MUVVI). Looking at the market by powertrain, electric vehicle (EV) values increased by 3.1% The index declined to 205.2,

Vehicle 52
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New Vehicle Prices Steady As OEMs Offset Tariff Costs

Automotive Fleet

Graphic: Cox Automotive The average new-vehicle transaction price (ATP) in May was mostly unchanged from April, as the new vehicle sales pace slowed, according to new data released June 10 from Cox Automotive’s Kelley Blue Book. Compared to May 2024, new-vehicle transaction prices were higher by 1.0%. million from a pace of 17.3

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