TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Automotive Industry Trends

As we navigate the automotive landscape in 2024, understanding the factors influencing new vehicle affordability is crucial.

Navigating vehicle affordability challenges in 2024

The automotive industry is constantly evolving, influenced by market conditions, consumer preferences, and various economic factors. The current affordability crisis is no exception, as trends and data shaping vehicle ownership...
New car sales are forecast to rise from last January but fall from December as the industry observes a typical drop in demand.

New car sales projected to rise in January despite seasonal slowdown

- January 29, 2024
This month's new car sales are set to rise from last January but decline from December, according to a preliminary forecast from Cox Automotive. In early 2023, the auto market was...
Toyota chairman Akio Toyoda expects EV market share to reach a total of 30% "no matter how much progress BEVs make." Engine

Toyota chairman Akio Toyoda predicts maximum EV share of 30%

- January 29, 2024
Toyota chairman and former company CEO Akio Toyoda expects the electric vehicle segment to reach a maximum market share of just 30%, regardless of what the automotive industry does to...
In the latest episode of Inside Automotive, Mark Cannon shares his insights on the current trends in the retail automotive industry.

Former AutoNation Exec. Mark Cannon on EVs, price sensitivity, and the upcoming election

- January 29, 2024
In the latest episode of Inside Automotive, anchor Jim Fitzpatrick interviews Mark Cannon, the former Chief Customer Experience Officer at AutoNation. Cannon, who had a successful career spanning 27 years...
Advertising technology, or adtech, is an ever-shifting landscape. Like the rest of digital marketing, it experiences fresh trends every year.

The 5 biggest automotive adtech trends to watch out for in 2024

Advertising technology, or adtech, is an ever-shifting landscape. Like the rest of digital marketing, it experiences fresh changes and trends every year — and keeping up with those changes is...
A seamless flow of information between departments, customers, vendors, and lenders, is necessary to take your dealership to the next level.

Going beyond: how to overcome the challenges facing your dealership today

Automotive retail is and always has been a complex business. Selling a car is one of the most complicated transactions out there, increasingly so when you throw online retailing into...
Brian Kramer and David Simches join Driving Solutions to discuss how technology is making the used vehicle appraisal process more accurate.

How technology is refining the used vehicle appraisal process

- January 29, 2024
The used vehicle landscape has undergone extreme fluctuations over the last few years, making it difficult for both dealers and customers to navigate the market. However, while some have struggled...
Mike Wethington joins Driving Solutions to discuss the link between data, artificial intelligence, and digital marketing efficiency.

Why data is key to digital marketing efficiency — Mike Wethington | Outsell

- January 29, 2024
Digital marketing strategies have become a crucial component of running a successful dealership, often meaning the difference between success and failure in today's technologically advanced world. Unfortunately, the retail automotive...
Lincoln plans to shutter up to 100 dealerships in 2024 after closing a comparable in 2023 as part of its efforts to prioritize key markets.

Lincoln looks to buyout 100 dealerships in 2024

- January 26, 2024
Luxury car manufacturer Lincoln plans to close up to 100 dealerships in 2024 in a continuation of its efforts to extract itself from unsuccessful markets. The Ford-owned brand said it closed...
Tesla is recalling nearly 200,000 vehicles to repair a glitch that could cause drivers to lose visibility when backing up.

Tesla recalls 2023 Model X, S, Y over rearview camera software error

- January 26, 2024
Tesla is set to recall roughly 200,000 vehicles in the U.S. to patch out a software error that could limit driver visibility. According to the National Highway Traffic Safety Administration (NHTSA),...


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