The car-buying experience is changing. Buyers are spending more time researching vehicles and completing steps of the car-buying process online than time in-market shopping or visiting the dealership. This has altered the in-store experience dramatically. Today, that experience centers on the deal more than ever before and as a result includes other aspects of car […] [Read More]

I can’t help but associate iconic “Anchorman” Ron Burgundy, played by Will Ferrell, with San Diego. He’s hilarious in the role, and he paints a picture of life here during a laid-back time. I also warmly associate this hotel and San Diego with the events we’ve hosted here through the years. We first found this […] [Read More]

Initial estimates of October’s used-vehicle retail sales show a market where momentum has “faded,” according to Cox Automotive. In the company’s latest Manheim Used Vehicle Value Index report, Cox said same-store dealership data from Dealertrack indicates used retail sales were 9% softer than September and 13% slower than October 2021 figures. October also represented … [Read More]

Autumn continues to bring some pricing relief to the auction lanes, with at least two indices hitting their lowest levels in more than a year. After a 2.2% month-over-month and 10.6% year-over-year decline (when adjusting for mix, mileage and seasonality), the Manheim Used Vehicle Value Index was at its lowest level in 14 months. That’s […] [Read More]

With $5 billion in electric vehicle charging network funds (and more to come) available under the Bipartisan Infrastructure Law, states are lining up for their share of federal largesse. However, outside of the large coastal cities, retail registrations of EVs have yet to take hold, according to new analysis from S&P Global Mobility. The top-eight […] [Read More]

Sales might be softening for a myriad of reasons, but dealerships appear to be making it an easier path to successful delivery. October survey results of the Vehicle Ease of Purchase Scorecard from CDK Global showed that 84% of those polled found the vehicle-buying journey to be easier. The reading represented … [Read More]

It’s early November, but a few folks in the used-car business are already in the holiday spirit, launching toy drives and other endeavors to help those in need. On Wednesday, Larry H. Miller Dealerships announced it will be holding its eighth annual Holiday Toy Drive from Nov. 11 through Dec. 3. The program supports the […] [Read More]

Regardless of where automotive professionals are located, understanding the vehicles on the road, specifically which segments are most prevalent, will help them to stay informed on the latest trends and have additional insight on what the aftermarket industry may entail in the near future. To gain a more comprehensive understanding of the vehicles on the […] [Read More]

A “turning point.” That’s how AutoIMS described the third quarter for the wholesale auto industry, which hit a few “firsts” in certain consignment metrics included in the company’s Industry View report. The report, released quarterly, is a “compendium of metrics featured in the AutoIMS Sales Scorecard that reflects the AutoIMS database (with a few needed […] [Read More]

Geopolitical turbulence and the fragile and volatile nature of the critical raw-material supply chain could curtail planned expansion in battery production—slowing mainstream electric-vehicle (EV) adoption and the transition to an electrified future. Soaring prices of critical battery metals, as observed by S&P Global Commodity Insights, are threatening supplier and OEM profit margins. This situation has […] [Read More]