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Time To Buy? New Vehicle Inventories And Incentives Are Up

The Truth About Cars

After several years of swelling vehicle prices and tragically lean inventories, the market has reached a point where dealer lots are getting full and consumers are becoming disinclined to go into quite so much debt in order to purchase a new automobile. In 2019, the average monthly payment on a new automobile was $566, a 3.4-percent

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

In 126 “mystery shopper” experiences at 82 car dealerships across Denmark, Finland, Iceland, Norway and Sweden, the team found that that dealers were dismissive of EVs; misinformed shoppers on vehicle specifications; omitted EVs from the sales conversation; and strongly oriented customers towards gasoline and diesel vehicle options.

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Fresh generative AI device goals dealerships and automakers

Baua Electric

Reynolds and Reynolds, Cox Automobile Inc.’s CDK World showed to Automobile Information that the instrument will also be built-in, age Reynolds and Reynolds stated Impel’s instrument goes despite the fact that its certification procedure. ’s Dealertrack and Tekion, Daly stated.

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U.S. Dealers Are Very Angry With Stellantis Leadership Right Now

The Truth About Cars

dealer network is none too pleased with the manufacturer and looks to be blaming CEO Carlos Tavares. The National Dealer Council has sent an open letter to the executive and it doesn’t pull any punches. Dealers want more investments to go toward clearing out older inventories and developing new models that would help boost sales.

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Maritz study finds growing but still low US consumer awareness about alternative fuel technologies; knowledge gap and confusion a sales challenge for OEMs

Green Car Congress

When asked to name an alternative fuel technology other than gasoline powered automobiles, 56% said electric vehicles while nearly a third identified gasoline-electric hybrids. This research is instructive for auto manufacturers, dealers and other stakeholders as to current consumer perceptions that should either be corrected or reinforced.

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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. The election uncertainty continues to affect market sentiment, delaying customer conversions and stalling purchasing decisions. million units). Nevertheless, some challenges remain.

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. The election uncertainty continues to affect market sentiment, delaying customer conversions and stalling purchasing decisions. million units). Nevertheless, some challenges remain.

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