Black Book has promoted data scientist Yushan Liu to director of data science in its data and analytics department. The company said she’ll be responsible for leading and expanding the data science team, as well as setting the vision, strategy and road map for data science initiatives. Liu, who holds a Ph.D. in Chemometrics and […] [Read More]

Managing inventory risk is not just about avoiding losses but also about optimizing profitability. For auto retailers, maintaining an ideal balance between supply and demand is critical. Too much inventory can lead to increased holding costs, while too little can result in missed sales opportunities. The latest Q2 inventory risk report sheds light on how […] [Read More]

Brand loyalty is back. After three years of declines or zero growth, auto industry brand loyalty rates rose in the first half of 2024, according to S&P Global Mobility’s latest analysis of new vehicle registration data. The study showed the loyalty rate through June was 52.5%, up 1.9 percentage points from the first half of […] [Read More]

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. Cars Commerce said in its latest Industry Insights Report that used-car inventory was up 1% year-over-year in July, due mostly to inventory of sub-$30,000 vehicles climbing 9%. But for $30,000 […] [Read More]

Automakers love to load up their new models with the latest technology. But is there a point at which it’s too much? J.D. Power’s latest research suggests that point might have been reached. The 2024 U.S. Tech Experience Index Study, focused on the user experience with advanced vehicle technologies as they come to market, showed […] [Read More]

Automotive Risk Management Partners’ latest cyber and compliance security guidelines, released Wednesday, seek to help auto dealers secure their front lines from cyberattacks and physical compliance oversights. The document, titled “How a Compliance Security Firm Should Protect You,” provides physical and digital auditing and programs for continuous tracking and managing dealership information and data assets. […] [Read More]

The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though. But while auction volumes are rising and competition is returning to the auction lanes, the supply slump will continue to support higher wholesale prices in coming months, they say. “All of those vehicles that weren’t built that we would expect to [Read More]

America’s public electric vehicle charging infrastructure, often cited as an issue holding back EV adoption, is showing signs of improvement, according to the latest research by J.D. Power. The company’s 2024 U.S. Electric Vehicle Experience Public Charging Study found overall satisfaction with public charging increased for a second consecutive quarter. Satisfaction with direct current fast […] [Read More]

There’s a lot of anxiety right now, but you already knew that. It’s been said — and I, for one, agree — that you’re not as good as you think you are when things are going well and you’re not as bad as you think you are when things are going bad. That being said, […] [Read More]

Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. First, Mercury Insurance compiled a list of the most affordable new EVs to insure, but a Tesla is not mentioned among the […] [Read More]