Drive.com

AUGUST 15, 2024

Buyers are now turning to the used car market to find a good deal on their next vehicle, but at the same time fewer people are listing their current ones for sale – as values finally start to even out after years of higher prices and unprecedented demand as a result of the COVID-19 pandemic and it’s impact on new vehicle supply chains.

Supply Chain 75

Supply Chain Deal Buyer Automotive 75

Car Examer

JANUARY 10, 2025

From economic pressures to supply chain hiccups, its been a tough year for the entire industry. Economic uncertainty, rising interest rates, and supply chain issues all played a part in the slowdown. Market Highlights Europe: Inflation and higher energy costs made luxury cars a tougher sell for some buyers.

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Supply Chain Sales Finance Buyer 59

DealerTrack Insights

APRIL 25, 2022

Here are just a few… Supply Chain Shortages It’s no secret that inventory is taking a hit from industry-wide supply chain shortages. But the real “kicker” is how it’s impacting buyer habits. Find out how thriving dealers are utilizing the right data to match deal-to-buyer and win against their competitors.

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Supply Chain Dealerships Retail Deal 52

Automotive Mastermind

NOVEMBER 18, 2022

One of the biggest keys to success for dealers in the automotive industry is to consistently keep up with their buyers’ preferences. The ability to accurately predict exactly when a buyer will be returning to market poses an invaluable opportunity for dealers to proactively engage customers.

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Buyer Finance Supply Chain APR 52

Shawn Ryder

JANUARY 18, 2025

Today, many dealerships are offering new cars from 2023 to 2024 at MSRP, attracting keen attention from prospective buyers. However, the actual transaction price can vary significantly due to various factors such as supply and demand, dealer markups, or promotional offers.

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MSRP Supply Chain Principal Manufacturing 52

Automotive Mastermind

SEPTEMBER 1, 2023

While traditional vehicle sales are relatively strong, the issues facing EVs suggests that buyers are still resistant to prices and infrastructure – like charging stations – which is still playing a significant role in their purchasing behavior. Since the start of the pandemic, supply chains have faced troubles due to countless global issues.

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Supply Chain Automotive Sales Manufacturing 52

Shawn Ryder

JUNE 30, 2024

The showroom floor is the battleground where salespeople engage with customers, trying to navigate them towards a deal. With AI handling tasks from lead generation to customer interactions, car dealerships can deliver a more tailored, efficient, and engaging experience for you as a buyer. -

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Technology Supply Chain Dealerships Finance 52

Shawn Ryder

JANUARY 22, 2025

This practice can spark curiosity and skepticism among potential buyers. This anticipation often translates into pre-sales, where dealerships can offer special pricing to motivate potential buyers to commit to purchasing before the vehicle is physically on the lot. Understanding these elements can shed light on this pricing strategy.

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MSRP Supply Chain Spread Retail 52

CarExpert

DECEMBER 3, 2024

. “There are many factors that influence whether a vehicle’s business case stacks up – such as economic trends, material costs, consumer incentives and global supply chain – and after weighing these up, we took the call that we were better to focus our electrified lineup on other models.” Browse now.

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Supply Chain Customer Deal Marketing 52

Drive.com

MAY 8, 2024

A car is more than two years old at the time of supply if it was manufactured locally or imported more than two years previously.” ” “You also have to pay LCT if you’re an individual (private buyer) who imports a luxury car.” Is there any way to avoid the luxury car tax?

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Modification Supply Chain Manufacturing Insurance 75

Automotive Mastermind

SEPTEMBER 16, 2021

While delivery time has always been dependent on brand, make and model, constantly evolving challenges to the supply chain have further complicated OEM production schedules. But to stay ahead of evolving inventory delays, it’s important to engage prospects before they start shopping around.

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Supply Chain Dealerships Technology Customer 52

Shawn Ryder

SEPTEMBER 28, 2024

Additionally, consider diversifying your supplier base to ensure competitive pricing and reduce dependency on a single source, which can help buffer against price increases and supply chain disruptions. Enhancing your dealership’s online presence is crucial for attracting potential buyers.

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Dealerships Supply Chain Finance Customer 52

Drive.com

AUGUST 29, 2024

Drive has investigated what it would take to switch from R134a to R1234yf – what it means in terms of cost, the supply chain, and physical maintenance – and the answer is it could be very easy, it purely comes down to cost. We are actually already supplying some R1234yf for the last three, maybe five, years through the same channel.

Manufacturing 75

Manufacturing Supply Chain Quota Networking 75

Autosoft

APRIL 11, 2024

Over 70% of car buyers say they would switch dealerships if another offered a smoother buying experience. Supply Chain Optimization Ever wonder how cars reach your driveway from the factory? Who doesn’t love a good deal? By 2025, the global automotive data market is expected to reach a staggering $26.4

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Automotive Supply Chain Manufacturing Logistics 52

Turbo Marketing Solutions

MARCH 4, 2024

Moreover, knowing what customers are likely to buy before they even step foot on the lot enables dealerships to offer personalized deals that cater to individual preferences. The dealership can then prepare by increasing their inventory of hybrid cars, ensuring they meet the needs of potential buyers before the trend becomes mainstream.

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Customer Sales Dealerships Supply Chain 95

Autosoft

MARCH 20, 2024

Over 70% of car buyers say they would switch dealerships if another offered a smoother buying experience. Supply Chain Optimization : Ever wonder how cars reach your driveway from the factory? Who doesn’t love a good deal? By 2025, the global automotive data market is expected to reach a staggering $26.4

Automotive 52

Automotive Supply Chain Manufacturing Logistics 52

Turbo Marketing Solutions

MAY 8, 2024

For instance, AI tools can be programmed to infuse storytelling elements into product descriptions, effectively conveying the unique value propositions of different vehicles while evoking an emotional connection with potential buyers. The impact of this goes beyond aesthetic appeal.

Technology 52

Technology Automotive Supply Chain Manufacturing 52

Turbo Marketing Solutions

FEBRUARY 5, 2024

Dealerships harness these bots for targeting ads with laser precision and uncovering keyword goldmines for SEO , making sure they're seen first by eager buyers online. Dealerships simply gather bits of info on customers' preferences and let the AI tailor pitch-perfect deals—a futuristic marketplace at its finest.

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Customer Automotive Sales Dealerships 52

Fladco

JULY 5, 2024

Furthermore, JIT practices can improve supplier relationships, as dealerships work closely with suppliers to ensure timely deliveries, creating a more efficient supply chain. Furthermore, customer feedback can highlight specific features or models that resonate well with buyers.

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Management Dealerships Networking Manufacturing 52

Turbo Marketing Solutions

FEBRUARY 1, 2024

These virtual assistants are available 24/7, offering human-like conversations and tailored assistance that helps convert casual browsers into buyers without the need for constant staff interaction. This technology sifts through options and handpicks the perfect cars for each shopper based on their preferences and past interactions.

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Sales Dealerships Customer Buyer 59

Car Examer

FEBRUARY 2, 2025

The UKs charging network is still patchy, with not enough rapid chargers in key locations, and thats putting off a lot of potential buyers. Brexit Complications Havent Helped Since leaving the EU, UK car manufacturers have been dealing with extra tariffs, supply chain disruptions, and shifting trade rules.

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Supply Chain Manufacturing Networking Deal 105

Autocar

JANUARY 31, 2024

It’s created a broad and varied patchwork of models to choose from for private buyers and company car owners alike. The commercial success of the hybrid car has been quite a thing to witness over the last couple of decades. And so, holding up the Volkswagen Group’s honour in the top half of this chart is the VW Golf eHybrid.

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Supply Chain Cargo Technology Sales 137

Autocar

AUGUST 27, 2024

It has created a broad and varied patchwork of models to choose from for private buyers and company car owners alike. The V60 T6 Recharge seals the deal here with a hybrid system that delivers it 55 miles of lab-verified electric range, and plenty of associated running cost savings potential.

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Supply Chain Cargo Technology Sales 106

Full Path

JANUARY 22, 2025

According to the 15th edition of the 2024 Car Buyer Journey Study, satisfaction with the new vehicle buying process has reached an all-time high, with 75% of buyers reporting they were “highly satisfied.” Pinpointing active buyers improves lead quality and drives showroom visits. Many components cross U.S.

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Supply Chain Automotive Retail Manufacturing 52

Motor Trader

AUGUST 9, 2024

Geopolitical risks remain, particularly in Ukraine and the Middle East, but in industry terms we (perhaps sadly) have adjusted for that and replanned where necessary with new suppliers and supply chains.

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Supply Chain Quota Networking Modification 52

Autocar

JANUARY 28, 2024

However, the UK's standpoint is less clear, as it grapples with the need to both protect its car makers and encourage the sale of cheaper EVs to boost their appeal to less affluent private buyers. billion (£1.3bn) deal with Leapmotor that has it booking all revenue from Leapmotor cars exported from China.

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Supply Chain Manufacturing Deal Marketing 106

CarExpert

JANUARY 2, 2025

In fact, many car companies are facing serious oversupply problems, after the market cooled in the latter part of 2024 and private buyers in particular held their finances more tightly amid the worsening cost of living crisis, forcing some auto brands to lease expensive temporary holding yards to store excess stock.

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Supply Chain Manufacturing Buyer Technology 98

Car Examer

NOVEMBER 17, 2024

The used car market is changing fast, and it’s not just about finding a good deal anymore. Why It Matters: This is great for younger buyers who aren’t ready to settle down with one car. Supply Chain Problems Are Still a Factor Remember the chip shortages that sent car prices soaring? Book inspection 1. Buying a used VW.

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Supply Chain Marketing Banking Insurance 52

Auto Remarketing

NOVEMBER 14, 2024

According to GlobalData, the automotive M&A market in Q2 2024 saw a 4% increase in deal value, but a 21% decline in deal volume compared to Q2 2023, reflecting a challenging and changing market during a time of margin compression. A balanced portfolio A buyer will analyze a dealer’s sales portfolio.

Automotive 52

Automotive Principal Dealerships Supply Chain 52

Autocar

MARCH 6, 2024

JATO’s view: “Tesla is top of buyer lists for consumers looking for an EV. Surprise rise in US thanks to bargain leases and easing of supply issues Americans love bargain leases and demand immediate delivery of a vehicle, so strong deals and better availability boosted the US market by 13% last year, against expectations.

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Marketing Supply Chain Sales Deal 52

Car Examer

FEBRUARY 15, 2025

But what does this mean for car buyers, manufacturers, and the broader economy? automakers rely on foreign parts and global supply chains. What This Means for Car Buyers If these tariffs go into effect , the biggest losers could be consumers. imports , leaving buyers with fewer options. Lets break it down.

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Supply Chain Manufacturing Term Deal 52

Auto Blog

FEBRUARY 7, 2025

It is likely that not all the costs will be passed directly to buyers, but one reality is hard to ignore: Prices will go up for suppliers, for automakers, and for buyers, the Cox Automotive team wrote earlier this week. Related: Nissan shares fly as a new partner enters deal talks Is the European Union next?

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Supply Chain Manufacturing Automotive Buyer 53