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. The research firm also warns of potential disruptions stemming from a recent strike at East Coast ports, which could create supply chain headaches for automakers.
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.
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Canadian Auto Dealer
JANUARY 11, 2024
It’s easy to take for granted how much your car knows about you,” said Kurt Baumgartner, Principal Security Researcher at Kaspersky’s Global Research and Analysis Team, in a statement. At the same time, security is also a concern for OEMs.
Automotive Mastermind
JANUARY 12, 2023
“Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. auto market is struggling, impacted by supply chain, labor, logistics, inflation, and wider economic concerns,” said Chris Hopson. .”
Automotive Mastermind
NOVEMBER 18, 2022
. “Pockets of vehicle inventory levels continue to improve more quickly than expected from extraordinarily low levels and bring welcome news on the supply side of the equation. ” High interest rates and low job growth are expected to impact auto demand over the next 12–18 months, according to new reports.
Automotive Mastermind
FEBRUARY 11, 2022
But outside the obvious example of generating revenue through service tickets to supplemental lost sales, the service drive supports dealership sales profitability during inventory shortages in other numerous ways.
Canadian Auto Dealer
APRIL 17, 2024
Lifetime capital-gains exemption for Canadians will rise from $1 million to $1.25 million over two years, starting in 2024-25, to Transport Canada to top-up the Incentives for ZeroEmission Vehicles program; On stolen vehicles the government has listened to CADA and used the Budget to announce new legislation to fight the auto theft crisis.
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