Marketing & Advertising
Dealerships Lose 12% of Service Visits Since 2018, Cox Automotive Study Finds
A new study from Cox Automotive revealed a concerning trend for dealership fixed operations: despite a growing number of service opportunities, U.S. dealerships have lost 12 percent of their service visit market share to independent competitors since 2018. The...
EU Prepares New Plan to Implement U.S. Trade Agreement: Tariff Tracker
President Donald Trump's 25% tariff on all cars imported to the United States has sent ripples through the global automotive industry. Officially implemented on April 3, this policy is already reshaping manufacturing decisions and trade strategies. Everything seems to...
Haig Partners Welcomes Emily Bourne as Managing Director
Enhancing Midwest Presence and Aligning with Lexus and Porsche Dealers Nationwide
Scout Motors to Establish Corporate Headquarters in Charlotte, NC
Scout Motors announced it will establish its new corporate headquarters in Charlotte, North Carolina. The company plans to invest $206 million in the new site and create 1,200 jobs over the next five years, significantly boosting the region's economy and reinforcing...
Harnessing the Power of AI in Automotive Digital Advertising to Maximize ROI
The automotive industry is highly competitive, and dealerships are constantly seeking innovative ways to stand out and attract potential buyers. AI-driven advertising solutions from Meta offer a game-changing approach for dealers to reach and engage their desired...
Wholesale Used Vehicle Prices See Seasonal Drop
The wholesale used vehicle market experienced a notable cooling in October, a trend that aligns with typical seasonal patterns but also reflects the unique pressures of the current automotive landscape. The Manheim Used Vehicle Value Index (MUVVI) registered a 2.0...
The Risk of Staying Silent on Social Media for Dealerships
Every day, billions of people scroll through social media, discovering brands and making purchase decisions—often without ever stepping into a showroom. For car dealerships, this is a goldmine of opportunity, as reported by CarGurus, which found that 71% of car buyers...
Lotlinx Q3 Quarterly Vincensus Report Reveals Temporary EV Surge as Incentives Expire, Heightened Competition Ahead
Stabilizing supply, aging inventory, and intensified markdown activity create a more price-sensitive market; Lotlinx dealers continue to outperform industry benchmarks
Impel Announces Strategic Investment in Automotive Ventures Fund II to Accelerate Next-Generation AutoTech Innovation
Partnership reinforces Impel’s industry leadership and ongoing commitment to driving industry-wide transformation through early-stage automotive technology
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