Auto Remarketing

OCTOBER 20, 2023

And the automotive business is not immune. If we look back at recent events that have created uncertainty, it becomes overwhelming, so no need to go through the list — you’re welcome! But what have we learned? — The sky isn’t always falling. — The world’s not ending every day. — Not every challenge is unsurmountable. The most important thing to remember is that consumers either love, want or need vehicles.

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Jalopnik

OCTOBER 20, 2023

Note: This originally ran August 21, 2023 but given what’s going on in the market, we thought we’d get it on the home page for those who may have missed it. Read more.

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Marketing 72

Auto Remarketing

OCTOBER 20, 2023

Several market dynamics are currently in motion creating an opportune moment to buy wholesale used vehicles. However, there are a few things you should know to have a better chance of success when it comes to sourcing and managing your used vehicle inventory. The top three things used-car managers should pay attention to right now are to be active buyers, reduce average inventory cost, and lean on market data for more informed decisions.

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Management Retail Supply Chain Repairing 52

Jalopnik

OCTOBER 20, 2023

Life is full of disappointments , and we would hope that our time spent behind the wheel would be devoid of those familiar sinking feelings. As car enthusiasts, we hope our lives on the road would come with no alarms and no surprises , but that just isn’t the case, sadly. Cars are capable of disappointing us just as… Read more.

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Jalopnik

OCTOBER 20, 2023

It’s been over eighteen years since Toyota last sold a midship runabout two-seater, but that doesn’t stop a group of dedicated enthusiasts from meeting up every year just north of New York City for MR2 Bear Mountain. The event has been rolling strong since 1997 when a group of four MR2 owners went for a drive… Read more.

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Jalopnik

OCTOBER 20, 2023

Good morning! It’s Friday, October 20, 2023, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.

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Sales Automotive Finance 64

Jalopnik

OCTOBER 20, 2023

Lamborghini’s CEO thinks the market for exotic and ultra- lux cars is softening , but t he Italian automaker ’s sold-out models and years-long wait lists means it really doesn’t have to worry about the issue. Read more.

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Marketing Finance 63

Jalopnik

OCTOBER 20, 2023

Say what you will about the Subaru Forester, but it doesn’t belong in the trash. If you want to get rid of one, you need to take it to a junkyard, not drive it into your town’s massive trash compactor. And yet, that’s exactly what one Massachusetts woman did this week. Read more.

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Jalopnik

OCTOBER 20, 2023

It’s easy to laugh about P**s Jugman , but p**s jugs are a real problem. Not only do they become biohazards when tossed on the side of the road, but they also only exist because companies don’t give drivers enough time to go to the bathroom the normal way. One company that is notorious for expecting drivers to do this i… Read more.

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Jalopnik

OCTOBER 20, 2023

Mercedes-Benz electric vehicles are spending nearly three months sitting on dealer lots. Data shows that it took Mercedes dealers an average of 82 days to sell the automaker’s battery-powered EQ models , according to Automotive News. Read more.

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Automotive Dealerships Finance 60

Jalopnik

OCTOBER 20, 2023

Happy Friday, everybody. Doesn’t it feel like this week flew by? I swear it was Monday just two, maybe three days ago. Today is Wednesday, I’m deciding. I’m sorry to everyone who had plans coming up for the weekend. Read more.

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Sales 60

Jalopnik

OCTOBER 20, 2023

I don’t know about you, but when I’m out terrorizing the streets of Los Angeles , I actively try to avoid hitting people. In fact, I have a perfect record where that is concerned. Unfortunately, this unnamed LAPD officer can’t say the same thing after they appear to run over a fellow officer on video. Read more.

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Jalopnik

OCTOBER 20, 2023

Along with my colleague Tom McParland , I’m a big proponent of helping people navigate the sewers that is the car buying world. While some older buyers who have been in the game many times can have good insights, there are a lot of people out there who say things that just show they have no idea what they’re talking… Read more.

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Buyer 57

Jalopnik

OCTOBER 20, 2023

So many global events have conspired to create a new car market that is difficult to navigate for, and occasionally downright hostile to, buyers. In the year ending June 2023 the average new car sale was 8.5 percent above MSRP, those MSRPs continued to grow by some 7.4 percent, and transaction prices continued… Read more.

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MSRP Buyer Sales Marketing 57

Jalopnik

OCTOBER 20, 2023

In theory, things are getting better when it comes to buying new cars. There’s more inventory than we’ve seen in the recent past, and some cars are selling close to and sometimes even below MSRP. Unfortunately for consumers, some popular models are in such high demand that they’re still selling for significantly more… Read more.

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Deal MSRP Technology Finance 55

Jalopnik

OCTOBER 20, 2023

Seven-time F1 world champion Lewis Hamilton is not exactly on the same page with the rest of the field when it comes to the extreme conditions they faced during the Qatar Grand Prix , saying that as extreme athletes, drivers can expect to face extreme conditions. As an outsider, it’s impossible to agree with Hamilton… Read more.

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Jalopnik

OCTOBER 20, 2023

Ever since the Honda Insight crossed over to the great parking lot in the sky , Honda hasn’t had a hybrid version of the Civic for people to buy. Next year, however, that’s going to change. Read more.

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Technology 58

Jalopnik

OCTOBER 20, 2023

The seller of today’s Nice Price or No Dice 911 thinks they are the car’s 4th owner, making it a bit of a hot potato, though it’s only done a mere 87K under all those owners. Let’s see if the price tag makes it a hot commodity, too. Read more.

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Jalopnik

OCTOBER 20, 2023

It’s the end of the day on a Friday. Whether we’re at work or not, your brain is probably elsewhere. So, rather than stare at your inbox, or a spreadsheet or whatever, why not stare into the abyss of this Just Rolled In video, where a guy with an inscrutable accent and an idea I think he borrowed from Reddit walks you… Read more.

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Repairing 57

Jalopnik

OCTOBER 20, 2023

People talk about golden eras a lot when referencing cars. Honda had a golden era in the ’90s and early 2000s. BMW had one in the ’80s and another one in the early aughts as well. Mercedes had one too and it was best represented by the super awesome and super intense-looking 190e 2.5 Evolution II. Those cars are… Read more.

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Jalopnik

OCTOBER 20, 2023

It’s really okay if you don’t remember the Kia Borrego. The Korean automaker only managed to sell 22,768 of them between 2009 and 2014, and the body-on-frame SUV was only on sale for the 2009 model year in most of the U.S. That being said, every last one of them is now being recalled because of an issue with their… Read more.

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Management Sales 55

Jalopnik

OCTOBER 20, 2023

There is something beautiful about the ingenuity that humans will display in an effort to avoid doing something menial like walking down a flight of stairs to put some hot dogs on a charcoal grill. This afternoon while scrolling through the dopamine slot machine that is TikTok, I spotted this incredible example of the… Read more.

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Jalopnik

OCTOBER 20, 2023

Driving around Washington D.C., you don’t often see Russian cars on official license plates. Russia, having lost nearly all of its trading partners, has decided the reverse should be true as well — Russian officials should drive Russian vehicles. Yet, there’s one interesting carve-out from that edict: China. Read more.

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Finance Automotive 61

Jalopnik

OCTOBER 20, 2023

Every year since 1976, the Los Angeles County Metropolitan Transportation Authority— or better known as Metro— has gathered bus drivers, mechanics and their families for a bit of fun competition known as the Bus Roadeo. Yes that’s how it’s spelled, and yes, it’s as interesting as it sounds. Read more.

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Jalopnik

OCTOBER 20, 2023

There was probably a time when you could pretty much guess at which automakers would be in the top twenty for revenue in a given year. With ongoing consolidation and merging, there are seemingly fewer parent companies every year. But with the proliferation of Chinese automakers and their recent reaches beyond the… Read more.

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Finance Automotive 55

Jalopnik

OCTOBER 20, 2023

Motorsport has always been a sport of excess. Excessive money spent on development , excessive fuel burned over the course of a race weekend and even an excessive amount of Champagne sprayed all over the place. Now, there’s a wave of young drivers rising through the ranks that are less interested in all that and are… Read more.

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Development 55

Jalopnik

OCTOBER 20, 2023

A Massachusetts woman survived a fiery wreck after her car crashed into a fuel tanker in East Boston on Wednesday after a stranger pulled over and intervened. Read more.

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Jalopnik

OCTOBER 20, 2023

While Toyota introduced the world to the first mass-produced hybrid, the Prius, in 1997, many automakers didn’t follow with their own hybrids until the early to mid 2000s. Models from companies like Honda, Lexus and Ford introduced buyers to hybrids in new market segments, like family sedans, luxury sedans and SUVs. Read more.

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Buyer Marketing Technology Finance 53

Jalopnik

OCTOBER 20, 2023

We tear into the box for the BMW 3T Electric Gravel Bike.

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Marketing 54