Autocar

APRIL 1, 2024

Chinese firm is "keen to have" Dacia Spring rival in UK, and sees suitable space in its line-up BYD’s UK bosses are keen for the company to offer the low-cost BYD Seagull electric car to British buyers. We’re switched onto supply chain and logistics and ‘build our own’“ when it comes to components.

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Motor Trader

JUNE 21, 2024

Craig Purvey, BCA CCO said: “We are delighted to be able to announce these significant new and retained remarketing deals which will secure a substantial volume of stock to present to BCA’s growing buyer audience. The new and renewed remarketing deals will ensure a substantial volume of high quality stock for BCA’s growing buyer base.

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Deal Supply Chain Buyer Sales 59

Carscoops

FEBRUARY 21, 2024

Only weeks after discovering that the Lyriq had been put on the government’s naughty list by virtue of it containing two components that didn’t pas the Treasury’s sourcing stipulations, Cadillac has managed to introduce production changes to the battery system that ensure buyers regain access to the full tax credit allowance.

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Full Path

NOVEMBER 21, 2023

The automotive landscape is shifting due to affordability, increasing interest rates, and supply chain issues. With a shift in the automotive landscape where buyers are holding onto their vehicles longer, dealerships […] The post 5 reasons why your dealership can benefit from a loyalty program appeared first on PRO Consulting.

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Supply Chain Dealerships Consulting Automotive 52

Autocar

SEPTEMBER 6, 2024

Explosive comments from the CEO of Vertu Motors, one Britain’s biggest car dealer groups, referenced the ZEV mandate as having created a “ state-imposed supply chain ”. Robert Forrester said that car makers were holding back the supply of ICE cars until 2025 while trying to push buyers into electric cars.

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Supply Chain Manufacturing Buyer Sales 66

Drive.com

SEPTEMBER 5, 2024

Now is the time to buy a second-hand ute or SUV, as used car buyers move away from heavier, less fuel-efficient models. New data shows Australian buyers are favouring light, fuel-efficient used cars over heavy, thirsty second-hand models like utes and SUVs, amid dwindling consumer confidence and eroded disposable incomes.

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Supply Chain Buyer Marketing Manufacturing 89

AutoSuccessOnline

JULY 9, 2024

Cox Automotive announced it has promoted Joe Kichler to senior vice president of digital inventory and supply chain solutions. In his previous role, Kichler’s leadership was instrumental in digitizing Ready Logistics’ transportation solutions through a strategic partnership with DHL Supply Chain.

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Motor Trader

JUNE 4, 2024

During the initial stages of the pandemic, there was massive supply chain disruption, especially around availability of microprocessors. “As However, if there is equipment that buyers are expecting missing, it does make a vehicle more difficult to sell. Is the buyer able to request some kind of discount?

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Supply Chain Manufacturing Retail Buyer 64

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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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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Automotive Addicts

FEBRUARY 14, 2024

This move, announced by the Treasury, marks a departure from the previous system where buyers could only claim tax credits on their vehicles after filing their tax returns the following year. electric vehicle supply chain, particularly reducing dependence on China.

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Rebate Supply Chain Manufacturing Buyer 105

Carscoops

JUNE 4, 2024

Related: 2025 Volvo EX90 Combines Electric Power With Three-Rows For $76,695 But the passport will also show information about a battery ’s health, which will help provide peace of mind for buyers when the cars hit the used market, and make it easier to assess the value of a used EV.

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Supply Chain Dealerships Development Buyer 113

Jalopnik

DECEMBER 22, 2023

Pandemic-induced supply chain shortages are finally working themselves out, so there’s a good chance that 2024 will be a much better year for new car buyers. Still, an abundance of cars on dealer lots isn’t going to magically turn a $60,000 car into a $30,000 car.

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Supply Chain Buyer Automotive 60

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 Buyer 52

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.

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Supply Chain Deal Buyer Sales 75

Motor Trader

JUNE 25, 2024

That’s driven strong interest and good sales across private individuals and fleet buyers.” This is a manufacturer that controls everything involved in the manufacturing process other than glass and tyres through its own supply chain companies, giving it almost total control over the build process and end-quality.

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Supply Chain Manufacturing Dealerships Development 52

Dealer World

MARCH 25, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. With the economy and supply chains stabilized, competition among auto dealers is again intensifying.

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Management Supply Chain Retail Customer 82

Carscoops

APRIL 15, 2024

Second, inflation and supply chain disruptions caused by the pandemic were felt particularly powerfully by automotive suppliers. Suppliers complain that they used to be able to drive to Michigan to meet with buyers in person. The fight stems from two factors. But that’s no longer the case with Stellantis.

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Supply Chain Deal Buyer Automotive 127

AutoSuccessOnline

JUNE 4, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. With the economy and supply chains stabilized, competition among auto dealers is again intensifying.

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Management Supply Chain Retail Customer 52

CarExpert

JUNE 27, 2024

Though these subsidies are based on conservative estimates, they cover factors such as buyer rebates, sales tax exemptions, infrastructure subsidies, research and development grants, and government procurement. These factors have essentially driven down the price for buyers, or allowed carmakers to get a head start in the industry.

Rebate 105

Rebate Supply Chain Consulting Development 105

Shawn Ryder

SEPTEMBER 12, 2024

Virtual Reality (VR) Showrooms Virtual reality offers an immersive way for potential buyers to experience vehicles without stepping foot in a physical showroom. Benefits: Reduces inventory costs, minimizes overstock situations, and enhances supply chain efficiency. Train your staff to use the system effectively.

Technology 52

Technology Dealerships Automotive Supply Chain 52

Shawn Ryder

JUNE 30, 2024

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. - What are some of the key benefits of digital financing platforms for car buyers? How has technology made the financing process more user-friendly for car buyers?

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Technology Dealerships Supply Chain Finance 52

Drive.com

MARCH 29, 2024

Toyota is wary of wait-time dissatisfaction and has implemented new measures to ensure potential Prado buyers are not put through what many RAV4 Hybrid customers experienced during the pandemic. You’ll always have variables in any supply chain, even in a normal year, things happen,” Mr Hanley said.

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Supply Chain Banking Customer Buyer 98

Carscoops

FEBRUARY 9, 2024

However, one notable absence is America, where buyers cannot access it. In addition to this challenge, Nissan is contending with rising interest rates and bottlenecked supply chains, which are hindering its ability to meet the demand for cars in the U.S. percent increase in sales.

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Supply Chain Technology Customer Marketing 109

Automotive Mastermind

MARCH 31, 2023

With the ongoing chip shortage and supply chain disruptions still hampering acquisition efforts, adding useful inventory has become a major challenge for dealerships. Compared to Q1 of 2022, the inventory trends in Q1 of 2023 reflect the continued impact of the chip shortage and supply chain disruptions on the industry.

Supply Chain 52

Supply Chain Dealerships Customer Management 52

Auto Remarketing

OCTOBER 24, 2023

However, with the current erratic economy brought on by the vagaries of supply chain disruptions and the looming labor strikes, embracing the power of data can be the difference between success and struggle for dealerships.

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Supply Chain Dealer Invoice Finance Dealerships 52

Autocar

FEBRUARY 5, 2024

There have been signs that demand for EVs has softened as firms look to expand sales from early adopters to the mass market, with those buyers put off in part by higher prices, while manufacturers are concerned about lower profit margins. “The So at least we as Volvo Cars in the premium segment have already reached parity in margins.”

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Supply Chain Manufacturing Development Sales 56

Car Examer

MARCH 28, 2024

But what exactly is driving this change, what can we anticipate in the coming months, and how does it impact car buyers? While fleet sales have seen a remarkable 19 consecutive months of growth, private new car buyers have experienced a different reality, with sales figures remaining subdued. Let’s dive into the details.

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Supply Chain Buyer Sales Marketing 59

Drive.com

APRIL 14, 2024

In recent years repairers have been battling to stabilise business following the COVID-19 pandemic, with life finally beginning to settle in the last 12 months after a series of supply chain shocks hit the industry – including semiconductor shortages, shipping delays and long wait times for popular models.

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Car Examer

JULY 7, 2024

Private buyer sales fell to 67,625 last month, a notable decrease from 79,798 in the same period last year. Despite previous supply chain disruptions due to the Covid pandemic, the demand for new cars has significantly declined. Surge in Used Car Market Book inspection In contrast, the used car market has shown robust growth.

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Supply Chain Sales Finance Insurance 59

Carscoops

FEBRUARY 26, 2024

Among the many challenges brought about by the pandemic was the erosion of customer loyalty, prompting new vehicle buyers to explore various options. However, as supply chains have returned to something resembling normal, consumer behaviors, including loyalty, have also begun to stabilize. In 2022, brand loyalty stood at 50.2

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Turbo Marketing Solutions

SEPTEMBER 6, 2024

Interestingly, while online research has surged—with 92% of buyers conducting pre-purchase research—79% still prefer visiting dealerships in person. Modern car buyers are placing increasing importance on sustainable solutions, and this significant uptick in EV sales is a strong signal of their commitment towards eco-friendly mobility.

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Automotive Marketing Sales Supply Chain 52

Auto Remarketing

MAY 22, 2024

But those “historically high volumes” of younger vehicles have gone in reverse thanks to the COVID-induced supply chain impacts, the company said. That’s quite a change from pre-COVID times, when there were 98 million vehicles less than 6 years old in the U.S. vehicle population in 2019.

Supply Chain 52

Supply Chain Buyer Marketing Customer 52

Shawn Ryder

FEBRUARY 6, 2024

Online Sales and Digitalization The pandemic has accelerated the shift towards online vehicle purchases, a trend that continues to influence buyer behavior. Used Vehicle Market Growth The used vehicle market has seen substantial growth, driven by supply chain disruptions in new car manufacturing and changing consumer financial situations.

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Auto Remarketing

MARCH 18, 2024

The pandemic’s impact on car supply The initial outbreak of COVID-19 brought the global automotive industry to a near standstill. Manufacturing shutdowns, supply chain disruptions, and workforce constraints led to a significant drop in vehicle production.

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Drive.com

JUNE 9, 2024

Circulor’s Chief of External Affairs, Ellen Carey, previously told UK publication Autocar this new technology is beneficial to manufacturers and new car buyers alike. “Not everyone gets to see the same data,” Ms Carey told Autocar. “The automotive [manufacturer] gets to see everything.

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Autocar

FEBRUARY 29, 2024

However, in 2023 the tide finally began to change as strained supply chains regained their strength, consumer confidence snowballed, and inflation began to drop. It is hoped that, as new EV sales grow, more will continue to trickle down to the used market, freeing up ICE used car supplies. The result: a healthy 17.9%

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