Auto Remarketing

OCTOBER 22, 2024

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. One other note from the wholesale market. Data from Black Book, Cox Automotive and J.D.

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Drive.com

JULY 28, 2024

We’re keeping an eye on how the market changes , particularly the legacy OEMs (original equipment manufacturer) that have the really big dealer networks, to make sure dealers don’t get caught in the middle of it,” CEO of the Motor Trades Association of Australia (MTAA) told Drive.

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Full Path

JULY 30, 2024

Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. As we moved into July, there were signs of recovery in the retail vehicle market. The current market demands agility and the ability to adapt to changes.

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AutoSuccessOnline

MARCH 12, 2024

Cox Automotive expects small gains in the used-vehicle market, despite limited availability. Let buyers browsing your online offerings learn as much as possible from your vehicle photos. Price vehicles based on market value and not how much you have in the unit. Stay informed about software options for managing your floorplan.

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Auto Remarketing

MARCH 27, 2024

Still, Q4 profits remained an estimated 78% higher than they were in Q4 2019, just before the COVID pandemic, which Haig Partners said is helping keep buyers and investors attracted to auto dealerships. “We Sharply rising inventories and floorplan expense are pushing down profits at most stores.

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Auto Remarketing

OCTOBER 6, 2023

New-car purchases now were only for the affluent, and that middle class folks are priced out of the market for new vehicles — not just for EVs, all new vehicles. Could subscriptions/micro-leases be the next wave, the nascent third “sales” channel for dealers to make EVs and ICE vehicles affordable for a new generation of “buyers?”

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Canadian Auto Dealer

NOVEMBER 4, 2024

The fact we’ve accommodated (new EV buyers) on that front is great. If the car market were to significantly take a dive, we have powersports, we have RV, we have the restaurant and soon the hotel that can keep our overall financial health in pretty good condition,” said Lancaster. We make sure we always have them in stock.”

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