DealerXT

MARCH 25, 2025

Understanding the Remaining Obstacles in EV Sales EV Retailing Challenges for Dealers Challenges in Retailing EVs. Retailing used electric vehicles ( EVs ) should be straightforward for dealerships, especially with recent data from iSeeCars revealing a 15.1% The post Challenges in Retailing EVs appeared first on DealerXT.

Retail 52

Retail Finance Dealerships Sales 52

Motor Trader

MARCH 20, 2025

In automotive retail, where costs are escalating, operational streamlining is imperative. One of the biggest impediments to efficient technology adoption in automotive retail is the persistence of siloed operations. In automotive retail, AI can transform customer interactions.

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Retail Banking Finance Technology 98

Auto Blog

MARCH 19, 2024

Continue reading Shell to unload 1,000 retail locations in pivot to EV charging Shell to unload 1,000 retail locations in pivot to EV charging originally appeared on Autoblog on Tue, 19 Mar 2024 15:00:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments

Retail 125

Retail Term 125

Motor Trader

FEBRUARY 25, 2025

According to the survey repairers expect that 48% of vehicle owners will forgo ad hoc maintenance and routine servicing to cut running costs in the short term. In the longer term, it could support customer retention and facilitate the return of quality used stock that a dealer wishes to retail due to its service and repair history.

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Repairing Retail Term Customer 103

Auto Blog

MARCH 7, 2024

Filed under: Green , Ownership , Electric , Infrastructure Continue reading Retailers need to improve EV charging situation, says Consumer Reports Retailers need to improve EV charging situation, says Consumer Reports originally appeared on Autoblog on Thu, 7 Mar 2024 09:36:00 EST. Please see our terms for use of feeds.

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Retail Term 116

Motor Trader

AUGUST 19, 2024

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. For franchised motor retailers, they will also need to consider the views of their manufacturing partners.

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Retail Sales Manufacturing Term 105

Carscoops

MARCH 31, 2025

The returning CEO will serve for two years, as Volvo looks for his long-term successor. Thus, Jim Rowan steps down, and Hakan Samuelsson returns in the top position after his previous term between 2012 and 2022. Ex-Volvo CEO Hakan Samuelsson returns in the position he held between 2012 and 2022.

Retail 111

Retail Term Technology Automotive 111

AutoSuccessOnline

NOVEMBER 6, 2024

Understanding the Challenges The reliance on markdowns as a primary inventory management tool reflects a broader challenge in the automotive retail industry: a tendency to cling to familiar practices even when they are not yielding desired results. Sources Lotlinx 2024 Inventory Carryover Trends Report; August 2024.

Retail 40

Retail Management Extended Warranty Technology 40

Auto Blog

MAY 15, 2024

Filed under: Earnings/Financials , Green , Tesla , Electric Continue reading Tesla board urges retail investors to back Elon Musk's $56 billion pay deal Tesla board urges retail investors to back Elon Musk's $56 billion pay deal originally appeared on Autoblog on Wed, 15 May 2024 09:27:00 EDT. Please see our terms for use of feeds.

Retail 101

Retail Deal Term 101

Carscoops

MARCH 20, 2024

Shell, the world’s second-largest fossil fuel explorer, currently operates over 46,000 retail locations globally, predominantly gas stations. ” The company did not specify where the retail locations it shuts down are located. ” The company did not specify where the retail locations it shuts down are located. .

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Networking Retail Customer Term 116

AutoSuccessOnline

DECEMBER 20, 2024

In todays competitive automotive service landscape, offering financing options is no longer just a nice-to-have for auto parts and service retailers its a critical tool in the retailers arsenal. They convert more sales, drive revenue growth, enhance customer relationships and position your business for long-term success.

Finance 40

Finance Retail Repairing Customer 40

Motor Trader

JANUARY 14, 2025

Dealer Auctions Retail Margin Monitor has revealed Ford Kuga offered the biggest opportunity for profit in 2024. In this annual round-up and going forward the platform has updated its profit margin data set and is splitting it into two brackets: vehicles with a retail value of 09,999 and over 10,000.

Retail 64

Retail Term Sales 64

Drive.com

JANUARY 20, 2025

Disclaimer: Unless stated otherwise, the prices listed in this article are the recommended retail price and do not include on-road costs. Pricing on the HiLux starts from the entry-level HiLux Workmate Single Cab priced from $27,730 and tops out at the HiLux GR Sport Diesel dual cab, which carries a $74,310 retail price tag.

Retail 105

Retail Customer Networking Sales 105

AutoSuccessOnline

FEBRUARY 28, 2025

This shift in messaging resonated with cost-conscious buyers who are increasingly aware of the long-term financial implications of vehicle ownership responsibilities. This may involve reassessing reinsurance programs, exploring new profit participation structures or adjusting long-term investment strategies.

Retail 40

Retail Repairing Finance Insurance 40

AutoSuccessOnline

FEBRUARY 3, 2025

Yes, you are individuals who compete against each other and thats a good thing, Castriota said to a room of thousands of dealers, managers and automotive retail industry leaders in New Orleans. auto retail industry and franchised dealer network. But you are also part of something bigger the U.S.

Retail 102

Retail Networking Manufacturing Dealerships 102

Motor Trader

APRIL 15, 2025

In early 2023, we embarked on a series of third-party deals designed to offer products and services in support of our 1,400 RAC Dealer Network used car, van, motorcycle and motorhome retailers. These arrangements extended that thinking and Vehicles in Video were the very first of them to be signed. The new VIV Media app enhances that deal.

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Technology Networking Retail Deal 90

Carscoops

OCTOBER 30, 2024

.” “This partnership would look to build on McLaren’s highly successful track record in elite motorsport and grow one of the world’s most prestigious range of high-performance vehicles, with an expanding network of over 110 retailers in 30 global regions,” a statement added.

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Networking Retail Deal Technology 116

Motor Trader

MARCH 27, 2025

In terms of fuel type, BEV values fell under the most pressure with a 1.7% ” Retailers has been concerned about the increasing pressure on profit margins since the start of the year. Cap hpi notes retailers remain understocked and are adopting a little and often approach to sourcing vehicles. reduction (320).

Retail 52

Retail Term Management Marketing 52

Autocar

JANUARY 16, 2025

He added that the new model will be everything our customers expect from us, both in terms of design and performance. The firm is also speeding up its retail expansion, with the goal to increase its number of showrooms ('Spaces')by 75% by the end of next year, expanding to 130 locations in Europe and 57 in North America.

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Manufacturing Retail Development Sales 116

CarExpert

MARCH 19, 2025

The legal argument successfully put forward by GM that they had no obligation under the Dealer Agreement to supply cars to their retailers is incredibly disappointing and sets a dangerous precedent for the automotive industry. These dealers upheld their end of the bargain. We welcome the decision,” the company said in a statement.

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Networking Retail Deal Automotive 98

Dealer World

JULY 29, 2024

The survey offers a candid, on-the-ground view of auto retail’s opportunities and challenges in the near and medium term,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. As with 2023, a slim minority project dealership earnings to increase in the near-term.

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Retail Sales Sales Goals Modification 92

Autocar

AUGUST 7, 2024

Values of used EVs have halved since September 2022, according to Cap HPI The retail price of a three-year-old EV is now 8.5% According to Cap HPI, the retail price of a three-year-old electric car is now 8.5% lower than that for an equivalent petrol or diesel. For four-year-old cars, the gulf widens to 14%.

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Retail Finance Manufacturing Term 142

CarExpert

NOVEMBER 22, 2024

The 250 Series has a lot to live up to in terms of sales volume, as the now out-of-stock 150 Series it replaces had dominated the large SUV segment in Australia for years prior to its departure. Deliveries of the new fifth-generation Prado commenced earlier this month and the Japanese carmaker says it holds more than 17,000 orders.

Banking 98

Banking Retail Deal Sales 98

Autocar

DECEMBER 10, 2024

So when you come with wildly overspecced cars, there is a lot of money that you put on the market for nothing," in terms of all that equipment having a cost. "It is important to understand the philosophy of the market and what the market needs," he said, in relation to Chinese cars being sold in Europe. "So

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Buyer Networking Retail Manufacturing 116

Motor Trader

MARCH 12, 2025

The MINI Hatch had the highest profit potential in the sub -10,000 retail bracket in February, with an average retail margin of 2,050, according to Dealer Auction. The Nissan Qashqai (1,750) was the fastest seller, retailing in 28 days on average. The Peugeot 2008 (1,925) was fourth in the sub -10,000 retail bracket.

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Retail Term Buyer 52

Motor Trader

APRIL 3, 2025

Whether it be, retail, fleet, or Motability. The cars are appealing to a wider audience now, from a demographic perspective and coupled with all the new facilities around the UK, in terms of showrooms, its attracting a lot more people and were selling more cars. Were on track to grow that further this year. The figures bear it out.

Retail 66

Retail Insurance Networking Spread 66

Motor Trader

MARCH 10, 2025

“In a challenging retail environment successfully executed sales processes deliver incremental gains in terms of sales and customer satisfaction,” said Addley. In addition, contacting buyers after purchase will make the customer feel valued and ensure that their first weeks with the vehicle are going smoothly.

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Customer Retail Management Buyer 64

Call Revu

FEBRUARY 28, 2025

Not surprisingly, only 37% of auto retailers are confident in the current protection, which is a 21% decrease from 2021. In other words, things seem to be trending in the wrong direction in terms of confidence in securing data, reliable communications, and scalable operations with security as a foundation.

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Dealerships Retail Banking Finance 68

Motor Trader

NOVEMBER 1, 2024

Neil Addley, MD of JudgeService, said: “The Autumn Budget presented the government with a golden opportunity to accelerate EV uptake, in line with its punitive ZEV mandate targets, by incentivising retail buyers.

Buyer 59

Buyer Retail Repairing Networking 59

Motor Trader

FEBRUARY 20, 2025

The average sold price rose to 16,781, the average retail margin rose to 3,052, and ad views rose 13,182 to 21,500, signaling a strong start to the year for AFVs. In terms of overall sales on Dealer Auction, hybrids account for 6.6% The key will be seeing younger and lower-mileage vehicles coming through.

Retail 59

Retail Term Customer Sales 59

AutoSuccessOnline

JANUARY 22, 2025

Upstart announced the largest and most significant set of product enhancements to the in-store and financing solutions on its Auto Retail platform. Offers with lower APRs or better terms are proactively highlighted so finance managers pick the right offer to close the deal. Visit Upstart at Booths 2119 and 2127 to see a demonstration.

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Finance Down Payment Retail APR 52

Autocar

APRIL 4, 2025

increase in retail sales to around 147,000 was a primary factor in the overall growth, compensating for a "lacklustre performance" in March 2024, but fleet sales were up, too, by a healthy 11.5% billion in 2024 in a bid to meet the terms of the UK's zero-emission vehicle mandate , under which they must achieve a 28% EV sales mix this year.

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Sales Manufacturing Retail Term 59

Autocar

DECEMBER 15, 2024

Learn more about CUPRAs 100-day Love Me or Leave Me offer * Offer valid on Born stock orders placed after 17/10/24, not available on Retail Contract Hire purchases. Available to selected retail customers, 18+ only. Customer notification to CUPRA of intention to return vehicle under offer required 80 - 100 days from delivery.

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Retail Customer Term Sales 98

Auto Remarketing

APRIL 11, 2025

With a 25% tariff being imposed on all imported vehicles, dealer principals must rethink their long-term strategies. The expected retail price hikes will inevitably trickle down to consumers, potentially stalling demand and reducing dealership profits. Would a family succession plan ensure long-term success?

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Principal Retail Deal Manufacturing 52

AutoSuccessOnline

APRIL 17, 2025

“Used retail demand remained strong throughout March, with days’ supply ending at low levels, driving healthy activity at Manheim. Late in March, used retail inventory trended lower. Retail Sales and Market Segments in March 2025 The average daily sales conversion rate at Manheim rose to 65.8%. It fell to 2.15

Retail 40

Retail Marketing Automotive Sales 40

Motor Trader

APRIL 11, 2025

Overall, this reflects a robust quarter for the used van marketplace, with the industry now in a much better place in terms of price, demand and overall supply. The average age and mileage of used vans are also showing signs of improvement in Q1. Sold used vans averaged 71 months (6 years) in age and 79,822 miles on average.

Marketing 59

Marketing Retail Term Buyer 59

Autocar

APRIL 7, 2025

Figures seen by MG show that retail sales of electric cars were up 59% in the first two months of the year, compared with 40% for the EV market overall. All retail customers want outstanding value for money and the lowest running costs they can possibly get, Guy Pigounakis, commercial director of MG in the UK, told Autocar.

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Deal Retail Sales Manufacturing 52