Tag: Auto Trends
NHTSA suggests a new regulatory path for self-driving vehicles
It's arguable that a new regulatory pathway for self-driving vehicles to enter the roads will emerge soon. The deployment of autonomous vehicles without conventional...
Manheim caught a significant decline in wholesale pricing for used cars
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell...
Cox Auto reports fleet sales boost Q1 and Q2 auto sales
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572...
Maximizing the value of your dealership — Kevin Nill & Alan...
After over 30 years of building the second highest volume Toyota store in the country, Al Hendrickson and his son, Al Hendrickson, Jr., sold...
Tesla rolls out referral program in an effort to boost sales
In a plan to increase sales, Tesla is rolling out a new program allowing buyers to earn extra referral incentives.
The "Refer and Earn" program...
Driving more strategic processes for today’s buyers — Jen Suzuki |...
They say 1.5 dealerships vetting processes start on the phone. The industry has seen an influx in volume regarding in-market buyers. On today's CBT...
How dealers can help fix the automotive industry gender gap —...
Historically, the automotive industry has been male-dominated. Even in 2023, women make up less than 25% of all employees in car dealerships, according to...
Why some car buyers are choosing shorter auto loan terms —...
Experian's State of the Automotive Finance Market Q1 2023 has found that some new vehicle shoppers opted for shorter auto loan terms in the...
Tesla drops Model X, Model S EV prices weeks before end...
Tesla applied new incentives and discounts to its electric vehicle lineup on June 17, lowering the Model X and Model S prices and offering three years...
U.S. EV sales take second place worldwide thanks to “crucial” tax...
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China.
According to technology-market research firm Counterpoint, first-quarter EV...