Tag: vehicle
Home delivery, reconditioning bookend digital retailing
According to Cars.com, 61% of car buyers want their newly purchased vehicle home-delivered. 75% of dealers are now providing some form of home delivery option. Thank the...
Edmunds Trade-In Values Report & what it means for dealers
Edmunds recently released a report showing the latest average value for all used vehicles. During the month of March, it appears these numbers reached an...
Recall repairs stand out as an opportunity for auto dealers
According to data from CARFAX, the number of vehicles on the road with open recalls declined by 5% in 2020. However, more than 53...
2021 Vehicle Health Index unveils opportunities for fixed ops
Drivers who experience a Check Engine light lose trust in their vehicle. But due to the pandemic, many vehicle owners have held onto their...
AutoNation’s profit triples amid chip shortage
AutoNation, Inc., one of the largest automotive retailers in the US, reported earlier this week that its quarterly adjusted profit nearly tripled from this...
How the explosive popularity of camping can be used by auto...
The number of people who experienced the great outdoors through camping grew exponentially in 2020. Over the previous year, Kampgrounds of America (KOA) says...
Average new car prices remain steady above $40,000
American consumers can expect to shell out more than $40,000 for a new vehicle, on average. Kelley Blue Book research estimates that the average...
How to serve fleet customers while sales are down
A recent study by Cox Automotive showed that fleet sales are down 20% from 2020. With this lack of sales, your dealership needs to...
How data is driving the next era in automotive retail
Exiting a year of unprecedented highs and lows, the automotive industry entered 2021 with a mix of challenges and opportunities. New supply interruptions and inventory shortages...
New report details how shopping intentions changed during COVID-19
Auto retailers have seen firsthand the impact that shutdowns, restrictions, and pandemic fears have had on their customers. A new report from Comscore Research...