Tag: automotive industry trends
Rethinking used car management in a post-COVID economy — Josh Callahan...
Facing fluctuating supply chains, shifts in consumer preferences and normalizing trends, used car dealers have implemented new strategies to source inventory and keep sales...
Revving up engagement: how text message marketing puts dealerships in the...
In 2024, the world of dealership marketing is witnessing a significant shift. Traditional methods like email marketing are becoming less effective, paving the way...
Group 1 Automotive supercharges Mid-Atlantic footprint with latest acquisition
Group 1 Automotive, one of the nation's largest auto retailing groups, announced today that it is expanding its U.S. portfolio in the greater Baltimore/Washington...
Vehicle prices dip to 7.2% over MSRP as supply improves
New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face...
Stellantis adopts NACS, skips deal with Tesla for Supercharger access
Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle...
Beyond the manual: why additional preventative maintenance is key for longevity...
If you google the average age of a car on the road in America today you will find it's an astounding 12.5 years and...
Which 2024 Super Bowl car commercial caught the most attention?
Few automakers participated in Super Bowl advertising this year, but the ones who did saw notable increases in internet traffic following the airing of...
Vehicle financing conditions trend against consumers in January
Vehicle financing remained an obstacle for many consumers in January, during which auto lenders displayed more caution and auto loan access declined.
According to Cox...
Why dealership groups are prioritizing M&A in 2024 — Joe Serra,...
Serra Automotive, ranked number 12 out of the top dealership groups in the U.S. and number 6 out of the top privately held groups,...
OEM-backed Ionna EV charging network gets a CEO and regulator approval
Ionna, a joint-venture project involving seven automakers to build a massive electric vehicle charging network across the U.S. and Canada, has officially launched following...