Top-selling used vehicle models trade places in 2023
The Ford F-150 was one of the few used vehicle models to remain unaffected by economic trends in 2023, retaining its top-selling spot even as pickups saw a slight decline...
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
auto industry news
Ford adjusts 2024 F-150 Lightning prices ahead of release
Ford has adjusted prices on the upcoming 2024 F-150 Lightning battery-powered pickups in response to shifting demand in the electric vehicle segment.
The move comes just weeks after the Detroit automaker...
Wholesale used vehicle prices continue to normalize
Used vehicle prices dropped again across November and December as trends within the retail automotive sector continued to normalize in the post-pandemic economy.
According to auctioning platform ADESA, wholesale used vehicle...
The role of empathy in automotive sales: Understanding customer needs for effective selling
In the automotive sales landscape, empathy holds significant importance. It involves grasping and relating to others' emotions and perspectives. In this industry, empathizing means stepping into the customer's shoes, seeing...
Integrating technology and human touch in car sales: Striking the balance for optimal customer experience
Technology is changing how consumers shop for and buy cars. Yet chatbots, virtual reality applications, and artificial intelligence haven’t eliminated the need for human interaction. Modern car dealerships need to...
Canada joins U.S. in setting ZEV sales mandate
Canada has joined the U.S. in setting a zero-emission vehicle (ZEV) mandate, calling on automakers to gradually phase out internal combustion engine (ICE) models and sparking frustration and outrage from...
Used vehicle prices hit seasonal slump in November
Wholesale used vehicle prices declined in November as the auto industry entered its seasonal slump.
According to Cox Automotive's Manheim Used Vehicle Value Index, used vehicle prices declined 2.1% from October...
Electric Mach-E could lose eligibility for U.S. tax credits, says Ford
On December 6, Ford announced that the federal tax credits for its electric Mustang Mach-E vehicles may no longer be available starting in January 2024. This is due to the...
Dealerships respond to rising competition with third-party service providers
Dealership service centers have continued to lose business to non-franchised repair and maintenance providers, according to new research from Cox Automotive.
Over the last few years, fixed op profitability has mostly...
How dealerships can optimize the customer experience – Peter Cooper | Lexus of Lehigh Valley
The Wall Street Journal recently reported that all industries' in-store retail shopping experience is declining. But, when it comes to retail automotive, what could that mean for dealers? Peter Cooper,...
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