Auto Remarketing

MARCH 4, 2025

There was some year-over-year easing in retail used-car prices last month, according to the latest CARFAX Used Car Index report , which showed declines in six of the seven segments included in its analysis. So far in February, used-vehicle retail prices have exhibited strength. Is now the right time for used-car shoppers to strike?

Retail 66

Retail Deal Buyer Marketing 66

AutoDealer Today

MARCH 18, 2024

Retail sales were up from January and a year earlier for the strongest volume in nearly a year.

Sales 246

Sales Retail 246

Best Selling Cars Blog

MARCH 11, 2025

Volvo XC60 sales are up 62.2% New light vehicle sales in the USA endure their first year-on-year decline in 6 months in February at -2.3% Power, the average new vehicle retail transaction price is up $71 on last year to $44,619. in February. to 1,221,863 units. The year-to-date cume is now up 0.5% to 2,334,300. to 220,836 units.

Marketing 238

Marketing Retail Sales Manufacturing 238

Carscoops

OCTOBER 31, 2024

Scout Motors infuriated VW dealers across the United States last week when it confirmed that the upcoming Terra and Traveler will be available via a direct-sale model rather than through existing dealerships. The company plans to establish dedicated retail spaces across the country, allowing shoppers to place orders online.

Sales 119

Sales Networking Manufacturing Retail 119

Motor Trader

MARCH 4, 2025

Steve Hicks is appointed as Kia UKs marketing director, with Sanka De Silva taking on the role of sales director. Hicks, previously sales director for Kia UK, joined the business in 2017, leading all sales channels across retail and fleet, for new and used cars, in collaboration with the 190-strong dealer network.

Sales 94

Sales Networking Marketing Retail 94

Autocar

FEBRUARY 5, 2025

Electric car sales climbed 42% year on year in January but still lagged well behind ZEV mandate targets The UK automotive industry is calling for more to be done to encourage private buyers into electric cars , as the latest sales figures reveal EV uptake is falling well short of the government's mandated targets. market share.

Sales 111

Sales Manufacturing Retail Buyer 111

Dealer World

DECEMBER 19, 2024

We are pleased to have completed the sale of Country Buick GMC and to represent Andy Budd in the sale of this desirable dealership, located in the wealthiest county in the country, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors.

Sales 88

Sales Retail Banking Dealerships 88

Carscoops

FEBRUARY 3, 2025

Other strong performers included the Ioniq 5 and Ioniq 6, both recording sales increases. Despite the record month, sales of the Kona, Palisade, and Santa Cruz dropped last month. The company just logged its best January sales ever, moving 54,503 vehicles across the US last month. ” .

Sales 97

Sales Retail Marketing 97

Motor Trader

AUGUST 19, 2024

Glyn Hopkin Group recently announced its sale to become an employee ownership trust (EOT). The group, which has a £550m turnover, has 25 sites and employs more than 800 people, making it the largest EOT transaction in the franchised motor retail sector.

Retail 106

Retail Sales Manufacturing Term 106

Autocar

JANUARY 16, 2025

She also highlighted that Peugeot was compliant with the UKs zero-emission vehicle (ZEV) mandate last year both as part of the Stellantis group and in its own right, notching up an EV sales mix of more than 22%. Thirty-one per cent of sales of the new 3008have been for the electric version in the UK.

Sales 105

Sales Manufacturing Bump Retail 105

Carscoops

JANUARY 3, 2025

Lincoln’s sales rose 28% last year, reaching a total of 104,823 units. Ford’s luxury brand reported its highest retail sales in 17 years. Lincoln sales have been in the gutter the past few years, but they’ve gotten a lot of help from a surprising source: China. Overall, Lincoln sales were up 28.1%

Retail 111

Retail Sales Customer 111

Motor Trader

AUGUST 5, 2024

Weakening private retail demand, however, particularly for EVs and despite generous manufacturer discounts, is the over-riding concern. This story continues at Decline in retail car sales continues in July, down -11% Or just read more coverage at Motor Trader

Retail 105

Retail Sales Manufacturing Deal 105

Best Selling Cars Blog

FEBRUARY 17, 2025

Slow start of the year for Indonesian new vehicle sales. year-on-year in January to 61,843 while retail sales are off -18.4% Toyota (-12.7%) doesn’t fare so well in the retail charts but still beat the market to 33.8% The Denza D9 has landed in Indonesia. Wholesales are down -11.7% share vs. 33.4%

Retail 163

Retail Sales Marketing 163

Best Selling Cars Blog

NOVEMBER 18, 2024

As for retail sales, they are down -7.6% Retail-wise, Toyota (-11.4%), Daihatsu (-10.5%) and Honda (-16.3%) all underperform but still account for 62.6% 36 30 Indonesia October 2024 – retail sales: Pos Brand Oct-24 % /23 Sep 2024 % /23 Pos FY23 1 Toyota 24,820 33.8% – 11.4% year-to-date to 730,637.

Retail 246

Retail Sales Marketing Management 246

Motor Trader

NOVEMBER 6, 2024

AutoBi provides business intelligence tools for car retailers and OEMs. Its dashboards provide updates on critical information about all aspects of an automotive business including CRM, sales, service, parts and finance. Bumper has completed its first acquisition, purchasing business intelligence tools company AutoBI.

Retail 115

Retail Finance Automotive Sales 115

Motor Trader

NOVEMBER 6, 2024

ViHUB enables automotive retailers to pool vehicle data, automatically populate online marketplaces and manage stock with up-to-date inventory details. Retailers can very quickly understand pricing, desirability and potential margin to make the trade purchase process far more streamlined, efficient and cost effective.

Retail 105

Retail Buyer Management Automotive 105

Motor Authority

SEPTEMBER 13, 2024

Cadillac on Thursday said it will auction off the first retail Escalade IQ for charity. The sale.

Retail 290

Retail Sales 290

Carscoops

JANUARY 23, 2025

At least three Maserati dealerships were forced to close in 2024 as brand sales slipped. While full 2024 sales figures haven’t rolled in just yet, the numbers we do have aren’t painting a rosy picture. As a result of these plummeting sales, some Maserati dealerships are shutting up shop.

MSRP 116

MSRP Retail Dealerships Sales 116

Motor Trader

JUNE 4, 2024

Porsche Retail Group delivered the highest profit per employee in the just published Motor Trader Top 200 Dealer Groups, sponsored by AXA Motor Trade. For the eighth year running, Porsche Retail Group (39) with £76,755 pre-tax profit per employee heads up this sub-table. Profitability has fallen to £1.8bn from £2.048bn last time.

Retail 111

Retail Sales 111

Dealer World

FEBRUARY 24, 2025

Sale of highest volume dealership in Greensburg, PA, underscores growing success of Pittsburgh market, where Toyota is the top volume import franchise. The sale represents Kerrigan Advisors second Toyota franchise sold this year, and its 286 th dealership, 37 th Toyota franchise, and 21 st franchise in the Northeast sold since inception.

Automotive 75

Automotive Retail Sales Banking 75

Motor Trader

FEBRUARY 25, 2025

These figures are alarming for financially strained consumers and for the aftersales departments of dealers, whose revenues are already being challenged by rising sales of low maintenance EVs, said Joff Suter, sales director at AutoProtect Group.

Repairing 103

Repairing Retail Term Customer 103

Motor Trader

OCTOBER 7, 2024

Porsche Retail, the factory-owned dealer group, saw pre-tax profits dip -2.5% The company’s return on sales was 4% compared to 5.2% The group increased new car sales to 3233 compared to 2804 the prior year while used car sales units rose to 2,172 compared to 1,802 in 2022. last year to £22.02m on turnover up 22.9%

Retail 105

Retail Manufacturing Management Sales 105

Best Selling Cars Blog

APRIL 26, 2024

Toyota For reference Toyota retail sales are down -17.1% Honda sales are down -34.4% Only just over a year after its launch in the country, Smart is struggling already with retail sales down -72.1% Mazda Mazda was the only foreign manufacturer in positive in March, with retail sales up 37.7%

Retail 246

Retail Banking Manufacturing Sales 246

Motor Trader

MARCH 7, 2025

The necessary evolution of the Volkswagen Group UK retailer network, to ensure that we have appropriate representation to meet our customers future needs, is a process that has been under way for a couple of years already and will continue into the future.

Dealerships 106

Dealerships Retail Networking Customer 106

Best Selling Cars Blog

JANUARY 18, 2024

The Indonesian wholesales car market edges down -4% year-on-year in 2023 to 1,005,802 units, while retail sales are down -1.5% Retail-wise, Toyota (-1.2%) matches the market to 32.6% The Toyota Kijang Innova is the best-seller in Indonesia for the first time since 2005. Discover 45 years of Indonesian Historical Data here.

Retail 246

Retail Marketing Sales 246

Motor Trader

JULY 26, 2024

Drivers are still paying too much for fuel as increases in retail fuel margins cost drivers over £1.6bn in 2023, according to the Competition and Markets Authority (CMA). Retailers’ fuel margins are still significantly above historic levels while supermarkets’ fuel margins are around double what they were in 2019.

Retail 109

Retail Deal Marketing Sales 109

Motor Trader

OCTOBER 23, 2024

Motorpoint is to open its 21st retail store on the former CarStore site in Norwich. Set to open in mid-December, Motorpoint Norwich will strengthen the used car retailer’s presence in the East of England and follows the opening of its Ipswich store in May 2023.

Retail 103

Retail Networking Buyer Customer 103

CarExpert

NOVEMBER 17, 2024

Speaking with media at the local launch of the new Polestar 4 mid-sized SUV, managing director Scott Maynard said the EV specialist will open seven new sites around the country in collaboration with five different retail partners. Polestar 4 While Polestar sales volumes in Australia are down 21.63 Browse now.

Networking 105

Networking Retail Deal Management 105

Carscoops

DECEMBER 7, 2024

A new report claims retailers could bank thousands of dollars on every 2024 / 2025 Charger Daytona they sell, and that’s before the inevitable markups enter the conversation. Markups could balloon that figure – one dealer told reporters Daytonas would sell for at least $10k over list price. For dealerships, it’s a windfall.

MSRP 105

MSRP Banking APR Retail 105

Vanguard Dealer Services

DECEMBER 24, 2024

Back to Basics: The Imperative of Training in Automotive Dealership Sales In an ever-evolving landscape, automotive dealership sales and F&I sales teams must continuously adapt quickly to thrive. It's time to shift the focus back to basics, reinvigorating the sales force with targeted training.

Retail 88

Retail Dealerships Automotive Sales 88

CarExpert

JANUARY 30, 2025

The BYD brand has made a rapid ascent in Australia since its mainstream market launch here in 2022, and its local distributor EVDirect has made bold sales forecasts ever since then. He called EVDirects target of 45,000 sales this year quite achievable. Fifth-placed Mitsubishi recorded 74,547 sales last year.

Retail 111

Retail Deal Sales Marketing 111

Dealer World

MARCH 4, 2025

How Machine Learning and Vertical AI are Reshaping Inventory Management and Sales Strategy DETROIT (March 4, 2025) Artificial intelligence is no longer an emerging technology in automotive retailits a necessity. To learn more about LotLinx and its AI-driven dealership solutions , visit www.lotlinx.com.

Dealerships 75

Dealerships Retail Technology Finance 75

Drive.com

JANUARY 20, 2025

Toyota had a busy 2024 in Australia, with the Japanese auto giant surpassing previous record sales and finding new homes for the 241,296 new cars it sold last year. Disclaimer: Unless stated otherwise, the prices listed in this article are the recommended retail price and do not include on-road costs.

Retail 105

Retail Customer Networking Sales 105

Autocar

MARCH 5, 2025

While sales of electric, plug-in hybrid and hybrid cars all rose last month, sales of petroland diesel carsdropped. The drop in petrol car sales in particular meant the total number of cars registered fell by 1% compared with a year ago, at 84,054. Totals of 39,865 petrols (down 17.3% year on year) were registered.

Sales 52

Sales Retail Marketing Manufacturing 52

Motor Trader

OCTOBER 30, 2024

In July 2024, it bought four Mercedes-Benz UK dealerships, which is expected to generate $105m in annual revenues with new car sales recorded as net revenue under the agency model. In August, it completed the acquisition of Inchcape Retail automotive operations in the UK.

Retail 100

Retail Dealerships Automotive Sales 100

Auto Remarketing

AUGUST 23, 2024

The slowdown in supply of later-model used vehicles is already having an impact in the retail car market, according to industry analyses released this month. The post Late-model supply dearth evident in used-car retail market appeared first on Auto Remarketing. month-over-month, dropped 2.8% year-over-year and is 12.1%

Retail 105

Retail Marketing Sales 105

Motor Trader

JANUARY 2, 2025

Car retailers and the motor sector have welcomed the governments decision to launch a consultation on the XEV Mandate. The Mandate has come under attack for the past 12 months for failing to support the manufacture and sales of electric vehicles.

Consulting 109

Consulting Retail Manufacturing Sales 109