Auto Retail News

As another auto manufacture plans to sell their electric vehicles in a direct to consumer model, the National Automobile Dealers Association (NADA) plan to challenge any attempts to bypass franchised dealers. At the CES 2025 Expo earlier this month,

When a Republican sits behind the resolute desk in the Oval Office with a majority in both the House and Senate, it has historically been seen as being good for auto manufacturers. But President-elect Donald Trump is not your typical President or pol

Auto retailers are facing substantial challenges in adopting artificial intelligence (AI) and predictive data technologies, underscoring a critical gap in the industry’s ability to effectively utilize advanced technologies that could enhance operat

NXP Semiconductors new wireless battery management system (BMS) solution with Ultra-Wideband (UWB) capabilities helps solve complex manufacturing processes The product is projected to accelerate the adoption of electric vehicles NXP Semiconductors N.

For the fourth consecutive month, new-vehicle prices climbed higher in December 2024, just falling short of all-time high mark in December 2022. Kelley Blue Book reported on Jan. 15 that the average transaction prices (ATPs) for new-vehicles were $

Pre-pandemic, the profitability of used car sales was declining. But as we all witnessed, the supply and demand challenges in the marketplace during COVID flipped the script. Due to the semiconductor chip shortage and subsequent low stock of new car

In today’s challenging automotive market, dealerships are facing mounting pressure to secure quality inventory. Traditional methods like trade-ins and auctions, once the backbone of inventory acquisition, are proving less effective in a fast-evolvi

Cox Automotive analysts are optimistic about the U.S. auto market as 2025 as retail sales were particularly strong at year-end. Kelley Blue Book reported new-vehicle sales in 2024 finished near 16.0 million, an increase of just over two percent from

As we reflect on the 2024 automotive landscape, it’s clear that dealerships faced a year of significant challenges and transformations, particularly in finance and insurance (F&I). The persistent affordability issue dominated discussions an