Trending Auto Retail News
Used Vehicle Prices Have Begun to Drop in July
The wholesale used vehicle market has seen a slight price decrease in the first half of July, with adjusted prices falling 0.7 percent compared to June levels according to Cox Automotive. The non-adjusted price changes saw an even greater change, with values declining...
Hybrid Learning: What the Rise of Hybrid Vehicles Can Teach Us About Flexibility in Automotive Marketing
As auto brands zigged toward an all-out EV marketing blitz starting in 2021, auto shoppers have zagged toward hybrids with stunning enthusiasm. By the end of 2024, electrified vehicles had reached 3.2 million total sales, good for 20 percent of all US auto sales....
Sales Were Up, but Affordability Concerns Dominated Q2: Lotlinx
The Q2 2025 Vincensus Report paints a complex picture of the automotive market, one that has spent much of the year navigating affordability challenges and shifting consumer preferences. Compiled by Lotlinx using a dataset of over 24 billion inventory-specific data...
How AI Is Reshaping Dealer Strategies Amid Affordability Challenges
As economic uncertainty continues to weigh on consumers, vehicle affordability is consistently a driving issue in the auto retail sector. High interest rates, lingering inflation, and constrained supply chains have converged to create a complex marketplace—one where...
Dealers and Consumers Are Not Aligned on How 2025 is Trending
There is a growing divide between auto dealers and car buyers. According to a recent study by Urban Science and The Harris Poll, while many dealers remain optimistic about the current state of the auto market, buyers are showing much more hesitation, particularly...
Beyond the e-Signature: Achieving True Digital Transformation and Operational Excellence in Auto Finance
Despite widespread adoption of e-signatures, the auto finance industry is still far from realizing true digital transformation. The real opportunity lies not just in digitizing the consumer-facing signature but in reimagining the entire lending lifecycle—aligning...
AI is Revolutionizing Automotive Service Scheduling
A recent study by Pied Piper has revealed that artificial intelligence is rapidly transforming the way automotive dealerships handle service calls, often outperforming human associates in key areas. The 2025 Service Telephone Effectiveness (STE) Study, which analyzed...
Rydell Auto Group, Subaru of Hayward, Jack McGee Chevrolet Buick GMC Cadillac: Dealership Deals
Tom Dinsdale Chevrolet GMC Cadillac and Tom Dinsdale Hyundai Acquired by Rydell Auto Group Tom Dinsdale Chevrolet GMC Cadillac and Tom Dinsdale Hyundai have officially been acquired by Rydell Auto Group, in a deal advised by Haig Partners. The dealerships, located in...
The Shifting Sands of Inventory: Why Dealers Must Look Beyond the Auction Lane
For years, the auction house has been a cornerstone of inventory acquisition for auto dealers. It offered a seemingly reliable pipeline of vehicles to replenish lots and meet consumer demand. However, the landscape has dramatically shifted, leaving many retailers to...
Car Buyer Satisfaction Has Plummeted: CDK Global
A new report from CDK Global has revealed a sharp decline in car buyer satisfaction, marking one of the lowest points in recent history. According to CDK data, a combination of inventory shortages, higher vehicle prices, and lengthier buying processes has left...
Impel Announces New Automotive AI Tools to Enhance Safety and Efficiency
Impel, an automotive AI solutions provider, has announced two new models looking to shape the future of automotive AI usage. They revealed their domain-tuned large language model (LLM) and launched the industry's first safety-focused research initiative as they aim to...
Pitch Perfect: How Smart Dealers Win Over Modern Buyers
A car sales pitch is a structured, yet flexible conversation delivered by a salesperson to communicate a vehicle’s value to a potential buyer. It’s tailored to highlight key features, address specific concerns, and guide customers toward a confident and informed...
Join us for Digital Dealer Las Vegas 2021