Sat.Jul 01, 2023 - Fri.Jul 07, 2023

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PREVIEW: Wholesale volume trends featured in ‘State of the Used Car Industry’ report

Auto Remarketing

Editor's Note: This is a small excerpt from Cherokee Media Group's upcoming “State of the Used Car Industry” report. The full report will be available this month. The prime reason vehicles are pricier to purchase in the wholesale market and will likely remain that way for years to come? Blame lack of supply. “The mix of the (used-vehicle supply) is different overall, volume is different,” Black Book chief data science officer Alex Yurchenko said during a presentation at the NIADA Convention in J

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Why Dealers Must Go Beyond Traditional Equity Mining

Automotive Mastermind

In the ever-changing world of automotive sales, staying ahead of the competition requires dealers to have a deep understanding of customers, not just what vehicle their current customers are driving. Equity mining, a specialized form of data mining, enables dealers to identify which of their current customers have positive equity in their vehicle and may be interested in purchasing a new one.

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Spidersnet picks up TWO Car Dealer Power Awards and one highly commended

Spidersnet

The Car Dealer Power Awards are some of the most prestigious and hotly contested awards within the automotive industry. Organised by Car Dealer Magazine and voted for by motor dealerships, these awards mark not only the best car manufacturers to represent in the UK, but also the best motor trade suppliers to do business with, that’s why we’re absolutely thrilled that Spidersnet have been recognised again this year!

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The Ultimate Vehicle Acquisition Strategy Guide: Summer 2023 Edition

Dealer Inspire

As we head into the second half of 2023, we need to keep an eye on the market trends that impact car dealer inventory levels. The global microchip shortage that plagued the industry for the past two years is easing up, and that means more new vehicles are being produced. However, new vehicle output is still projected to be 2.82 million 1 lower than original estimates.

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PODCAST: Cherokee Media Group recaps 2023 NIADA Convention

Auto Remarketing

Cherokee Media Group senior editors Joe Overby and Nick Zulovich welcomed their newest teammate, Andrew Friedlander, for this installment of the Auto Remarketing Podcast recorded in Las Vegas at the 2023 NIADA Convention. The trio recapped some of the most interesting developments that surfaced at the event as well as looked ahead toward Used Car Week, which begins on Nov. 6 in Scottsdale, Ariz.

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Drive-Through Redwood Becomes Literal Tourist Trap For Nissan Armada [Update]

Jalopnik

Today I learned that not only are drive-through trees a thing, but apparently jackasses with giant SUVs are muscling their way through the small openings, getting temporarily stuck. Will the wonders never cease? Read more.

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Positive Change for Proven Results

DealerTrack Insights

Here are some key areas where registration and titling technology has improved dealer satisfaction.

More Trending

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CPO vehicle sales up nearly 6% in first half, expected to reach 2.6M for year

Auto Remarketing

The “one pocket of strength” for the used-car market this year, as Cox Automotive chief economist Jonathan Smoke put it in a June presentation to the media and industry, has been the certified pre-owned segment. That certainly played out in preliminary first-half CPO sales results provided to Auto Remarketing by Motor Intelligence in early July. Through June, year-to-date CPO sales are estimated at.

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Elon Musk Says Teslas Will Be Self-Driving Teslas By The End Of The Year, Again

Jalopnik

Stop me if you’ve heard this one before : Tesla CEO Elon Musk claimed the automaker could have a fully self-driving car on the road by the end of the year on Thursday. Read more.

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New Mazda CX-80 range-topper SUV will be revealed on 18 April

Auto Express

The seven-seat CX-80 will be the largest Mazda SUV and come with ‘superior technology’

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FlexDealer Is An Official Partner In The Toyota Canada DDS Program

Flex Dealer

Over the years, the FlexDealer team has worked hard to strike the right balance between meeting the individual needs of our dealer partners and managing the requirements set out by their OEM programs.

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These Are The Cars You Think Are The Most American

Jalopnik

Over that most joyous of explosion-based holidays, the 4th of July, we asked you what cars do you think are most ‘Murican. While the answer is technically Tesla and a whole bunch of Hondas , we were looking for for the car that brings the most American vibe. Read more.

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The Final Airbus Beluga XL Is Ready For Takeoff

Jalopnik

It’s a tough time to be an enormous aircraft these days, just ask the Boeing 747 that went out of production at the end of 2022. Now, after killing off its own super-sized passenger plane in 2021 , Airbus has brought production of its bonkers looking Beluga cargo plane to an end this week. Read more.

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This Is Our First Peek At The New, Smaller Toyota Land Cruiser

Jalopnik

When the Toyota Land Cruiser was discontinued in the United States , enthusiasts were shocked. It was a successful, beloved vehicle, and in the blink of an eye it was gone — to be replaced, seemingly, only by its Lexus platform-mates. But now, the Land Cruiser is coming back , and it appears to be doing so in a new,… Read more.

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Decade-Old BMW GS Project: There's No Shame In The Shop

Jalopnik

When we last saw my F800GS project , things were looking dire. The bike was, to put it bluntly, deeply sketchy to ride. But I had a plan, a methodical approach to reduce the danger inherent in the bike by tackling its biggest issues first. This meant starting with the tires, tubes, wheel bearing, and head bearing. Read more.

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What’s The Coolest Normal Car On Sale Right Now?

Jalopnik

If you ask me, we are in the midst of a golden age when it comes to cars. There are more cool vehicles being mad e right now than at pretty much any other time. Feel free to disagree with me. However, for today’s question, we aren’t focusing on the cars that are made with the express purpose of being cool like sports… Read more.

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The Ford Maverick Hybrid Is Now A $1,500 Option For 2024

Jalopnik

Ford dropped a bombshell when it introduced the Maverick. Here was a smallish pickup with a hybrid engine that the company was going to sell for just over $20,000. We couldn’t believe it. Fast forward a couple of years, and Ford bit off more than they could chew. An insane customer response combined with supply chain… Read more.

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You’re Too Late: Lamborghini Has Sold Out Of Combustion Engine Cars

Jalopnik

Dear rich people, I’ve got some sad news for you. As well as it being socially unacceptable to fly everywhere on private jets these days and increasingly risky to take some of your favorite outlandish holidays , it’s also looking like you might have missed your chance to buy a Lamborghini that doesn’t come with a plug… Read more.

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What Car Defined The 2000s?

Jalopnik

Every era or place has an official car. Today’s Question Of The Day is simple: when you imagine the 2000s in your mind’s eye, those halcyon days of pop punk and bling rap, what’s the vehicle that appears? Read more.

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Nearly One-Fifth Of New Car Buyers In The U.S. Now Pay Over $1,000 Per Month

Jalopnik

So, you thought that with the worst of the pandemic and supply shortages behind us, new car inventory would slowly get back to norma l and prices would come down, didn’t you? That’s cute. Normal economic principles no longer apply, so new cars have continued to get more expensive than ever before. That also means… Read more.

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2024 Mercedes-Benz CLE: This Is It

Jalopnik

Back in February of this year, we learned that Mercedes planned to kill off the coupe versions of the C-Class and E-Class , replacing them with a new coupe called the CLE. But we didn’t have many more details on the CLE other than that it would have two doors. Until now. Meet the 2024 Mercedes-Benz CLE. Read more.

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Stellantis Sold One (1) Chrysler 200 Last Quarter

Jalopnik

Well, we’re officially in the third quarter of 2023, which means it’s time for automakers to release their quarterly sales reports. You’ll hear all sorts of things about stock prices and profitability and EBITDA, and we’re sure that’s important stuff if you’re an important business person who has enough money to… Read more.

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Nikola Sold Sixty-Six (66) Trucks In The Second Quarter And Made Thirty-Three (33) Of Them

Jalopnik

What follows is your irregular check in on the state of Nikola, an EV semi startup whose founder got in quite a lot of trouble with the authorities but whose company is still somehow alive and kicking, and still publicly traded. Nikola, the company reported on Wednesday , sold 66 trucks in the second quarter of 2023,… Read more.

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The Ford Fiesta Is Only Days Away From Being Killed Off In Europe, Too

Jalopnik

Late last year, we learned that Ford planned to kill the Fiesta. The American automaker had already stopped selling the Fiesta in the U.S., so it wasn’t much of a loss for us, but it did kill off any misguided hope that Ford might one day see the light and decide to give us the lovable subcompact again. Although, you… Read more.

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What's The Inspiration For These Dual Sport-Style Motorcycles In Animated Media?

Jalopnik

Yesterday was the Fourth of July — a day to kick back with a beer and a burger and watch some fireworks while thinking about all the things that made the United States into the country it is today. Unfortunately, this year’s July 4 festivities were besieged by rain here in New York, so I spent my holiday doing the… Read more.

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Here Is How Some Dealers Are Hiding Their Markups Over MSRP

Jalopnik

There are signs that this bonkers car market is improving and while some brands are using incentives to make prices a bit more palpable what people are actually paying is another story. Right now most dealers know that advertised prices over MSRP isn’t the best move, so some stores are just moving these markups to a… Read more.

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Halfway Into 2023 New Car Sales Are Booming Even As Prices Stay High

Jalopnik

Good morning! It’s Wednesday, July 5, 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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Tired Of Motorsport Pay Drivers? Watch Formula E

Jalopnik

One of the ongoing refrains in the racing world is that pay drivers are a plague on the sport. Basically, folks aren’t all that impressed by a driver who got into something like Formula 1 just because they’ve got a ton of money and the right connections — and it’s also pretty common to hear fans complain that these… Read more.

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Sell All Your Valuables And Buy This Aston Martin Lagonda Instead

Jalopnik

Aston Martin may be best known for its two-door models, but that doesn’t mean it only builds coupes and convertibles. You can, of course, buy an Aston Martin crossover now, and for about a decade, there was the four-door Aston Martin Rapide. There was also the Lagonda Taraf that Aston Martin never sold here. But odds… Read more.

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Should You Actually Buy OEM Tires For Your Car?

Jalopnik

Tires may be the most important part of your car, but for most people , buying tires is annoying at best and super frustrating at worst. This is compounded if you’re a car enthusiast and buying performance tires because you have so much information to contend with, and so much of it is subjective. Read more.

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We Don’t See The Dangers Of Driving Because Cars Have Brainwashed Us

Jalopnik

If you’re here at Jalopnik, there’s a good chance you like cars. Whether it’s driving them , talking about them or watching them race , we all came here because we’re fans. But surely we can still appreciate the dangers of driving, can’t we? Well, a new study says we might not and, in fact, it looks like we’re all… Read more.

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Formula 1's 'Regionalized' 2024 Calendar Isn't Very Regional

Jalopnik

Earlier today, Formula 1 announced its 2024 calendar, which is particularly notable thank to the fact that the series is claiming that it is a “ regionalized ” calendar. Basically, that means all races in, say, Europe should take place in a cluster, while the races in Asia take place in a different cluster, all to… Read more.

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The 2024 Dodge Hornet R/T Is A $42,000 Plug-In Hybrid

Jalopnik

The Dodge Hornet was sort of unexpected in Dodge’s lineup. Here’s a brand that isn’t as product starved as its Chrysler sibling, but still in need of something new. So by way of — rather controversially — Alfa Romeo, the brand gained the small crossover. Now Dodge has released more details and pricing on the 2024 Dodge… Read more.

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At $127,500, Would You Flip Your Lid Over This 1989 BMW M3 Convertible?

Jalopnik

The seller of today’s Nice Price or No Dice M3 claims it to be “the most powerful production E30 convertible of all time.” Let’s see what such power might just be worth. Read more.

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NHTSA Gives Tesla Two Weeks To Show Its Work On Autopilot And FSD

Jalopnik

Good morning! It’s Thursday, July 6, 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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The 800-HP Honda Beast Is A Glorious Display Of Racing Excess

Jalopnik

There’s a moment when the Honda Beast — a CR-V outfitted with an IndyCar-spec engine — switches from electric to combustion power. For me, it happened just at pit exit of Putnam Park Road Course in rural Indiana: you’re cruising along in near silence, then with a guttural howl and a shudder, the hybrid engine kicks… Read more.

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Car Carrier Blaze Kills Two Firefighters In New Jersey

Jalopnik

Two firefighters were killed while battling a fire on a car carrier in Newark, New Jersey. The Grande Costa D’Avorio, an Italian roll-on-roll-off car and container ship, was docked at Port Newark when a fire broke out on board yesterday. The intensity of the blaze on the ship carrying over 1,000 vehicles injured… Read more.

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