Automotive Addicts

OCTOBER 1, 2024

Chris Hopson, principal analyst at S&P Global Mobility, highlighted that many consumers are finding it difficult to justify the monthly payments required to finance a new car. Affordability Takes Center Stage The rise in prices and higher interest rates are the key reasons behind the slowdown in new vehicle sales.

Supply Chain 105

Supply Chain Sales Principal Finance 105

Auto Remarketing

NOVEMBER 14, 2024

Understanding the reduction in dealership sales As of 2023, the automotive industry has been navigating challenges such as supply chain disruptions, changing consumer preferences, and rising interest rates. What dealer principals should be focused on — is what they can control.

Dealerships 52

Dealerships Automotive Principal Supply Chain 52

Automotive Mastermind

NOVEMBER 18, 2022

The Cost of Financing Vehicles Has Risen The cost of financing vehicles is high for a variety of reasons, including: Customer demand Inflation Rising interest rates According to TransUnion reports , used vehicles “propel the debt metric,” with average used-vehicle monthly payments rising 22% on a year-over-year basis to $505 in Q1 2022.

Buyer 52

Buyer Finance Supply Chain APR 52

Automotive Mastermind

FEBRUARY 11, 2022

This technology allows dealers to identify and engage service customers who are approaching the end of their lease or finance term, or the end of their warranty. To stay ahead of vehicle delivery delays, these dealers are leveraging dealership marketing technology that integrates with data from their CRM and DMS.

Dealerships 52

Dealerships Supply Chain Customer Principal 52

Canadian Auto Dealer

APRIL 17, 2024

Deputy Prime Minister and Minister of Finance Chrysia Freeland tabled the federal budget in Ottawa this week, and auto industry groups are offering a mixed reaction. Lifetime capital-gains exemption for Canadians will rise from $1 million to $1.25

Supply Chain 52

Supply Chain Principal Banking Electronics 52