Tag: Auto Industry Trends
Used car supply remains stable in November, pricing weakens
Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase.
According to Cox...
How this company delivers a win-win solution for dealers –...
As the automotive industry faces high interest rates, a weakening economy, union labor strikes, and unwavering uncertainty, Columbian-based Wyn Solutions is committed to providing...
Toyota reports record global sales and production
Due to the strong demand and improving supply conditions, Toyota's global sales increased by 8.3% from April to September compared to the same period...
New J.D. Power study reveals most consumers still uneasy about robotaxis
The inaugural J.D. Power U.S. Robotaxi Experience Study found that consumers are uneasy about testing and using robotaxis on city streets. The study offers...
September U.S. auto sales poised to rise, UAW strike creates uncertainty...
According to a joint analysis released on September 28 by J.D. Power and GlobalData, strong demand is expected to lead to new car sales...
Unleash the power of an employee recognition program (ERP) to boost...
Ask any seasoned and successful dealership owner, and they'll tell you that employee recognition programs (ERPs) have been game-changers for their businesses. These programs...
AI chatbots and digital retailing: how do customers want to communicate?...
Digital retailing has created hundreds of new opportunities for auto dealers to interact with consumers. But in the age of texting, search engines and...
Anderson Subaru makes 9th annual donation to Florida breast cancer charity
Florida-based dealer Anderson Subaru has delivered its latest donation to the Pensacola Breast Cancer Association, an organization it has supported for nine years.
The business...
Driving diversity: Embracing inclusion for automotive retail success [Part 1]
Focusing on diversity and inclusion in the automotive industry has shifted from being a "nice-to-do" to an essential business initiative. Many automakers have started...
May auto sales come in hotter than projections but cool down...
May’s new auto sales are defying even Cox Automotive’s initial expectations. It looks like the release of pent-up demand due to an increase in...