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1 In 5 New Car Buyers Took On $1,000+ Monthly Payments In Q4

Carscoops

Average loan terms stretched to 68.8 With the cost of financing skyrocketing, analysts are advising potential buyers to consider alternatives, such as used cars or new EV leases, to keep their budgets in check. New Car Finance Data (Averages) Metric 2024 Q4 2023 Q4 2024 Q3 Loan Term 68.8 months, a slight uptick from the 67.8-month

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Private buyers bought fewer new cars last year than Covid-hit 2020

Autocar

Overall car sales did rise last year but were heavily propped up by fleets sparking industry worry The number of new cars bought by UK private buyers last year was fewer than in 2020, when the country was in the midst of the Covid pandemic. A market share of 19.6% was also down 8.7% This, the SMMT claims, wont be hit: of the 1.97

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Dacia surprised as "super pragmatic" UK buyers turn backs on LPG

Autocar

Dacia had sold just over 1000 bi-fuel versions of the Duster and Sandero by the end of October LPG pump network in Britain is only a quarter of what it was at its peak Dacia CEO Denis le Vot is surprised that low-cost LPG fuel is not more popular in the UK as British buyers are "meant to be super pragmatic".

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Kia Says Buyers Are Warming Up To Tasman’s Looks

Carscoops

Kia starts deliveries of the Tasman next year, targeting markets like Australia, Korea and Africa. In a segment of the market where most rivals look pretty conventional, Kia went with a far more peculiar design theme for its first pickup and received a considerable amount of flak for it. We’ve done some customer research as well.

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SEO Strategies for Dealerships: Proven Techniques to Sell More Cars in 2025

Turbo Marketing Solutions

In a world where most car buyers begin their journey with an online search, having a strong presence on search engines is essential for dealerships looking to increase sales in 2025. Think of it as tuning into a conversation; when you know what your potential buyers are saying, you can engage with them more effectively.

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BMW XM Had A Terrible First Full Year With Just 1,974 Units Sold In The US

Carscoops

In 2024, BMW also delivered 50,981 BEVs and 19,398 PHEVs across the market. BMW of North America has wrapped up 2024 with strong sales momentum, reporting a record 371,346 units sold in the US market, a 2.5% Despite being BMW M’s flagship and its only standalone model, the XM has failed to gain traction among American buyers.

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Using Chat GPT for Marketing?

Shawn Ryder

In the rapidly evolving landscape of digital marketing, car dealerships face both challenges and opportunities. With the advent of artificial intelligence, particularly generative AI technologies like ChatGPT , innovative marketing strategies have emerged.