Analyzing the Surge in Financial Losses Due to Fraud and Its Implications Experian’s 2024 U.S. Identity and Fraud Report highlights the increasing threats of generative AI, deepfakes, and cybercrime. These emerging threats are intensifying pressures on businesses, including dealerships. The report provides valuable insights into these evolving fraud trends and shifting consumer expectations. Impact […]
Fraud Losses Rising Report Read More »
Industry Leaders Project Positive Growth Trends Amidst Evolving Market Conditions Auto Refinancing Future Expansion. As the Federal Reserve considers potential interest rate reductions this month, auto refinancing firms anticipate substantial growth. These forecasts could have notable impacts on dealerships and their operations. Implications for Dealerships Enhanced Consumer Savings With competitive refinancing options becoming more
Auto Refinancing Future Expansion Read More »
Examining the Factors Behind the Decrease in Pre-Owned Vehicle Stock Last Month CarGurus’ August 2024 U.S. Intelligence Report Highlights Inventory Shifts CarGurus has released its August 2024 U.S. Intelligence Report, revealing a continued drop in used vehicle inventory. The report indicates that used inventory levels fell by 2% year-over-year (YoY) in August, and are
August 2024 Used Inventory Decline Read More »
Discover the Key Advantages of SafeDealsAI and How It Can Revolutionize Your Dealership Operations Boost Dealership Efficiency Growth. Dealers face numerous challenges, from ensuring legal compliance to building customer trust. SafeDealsAI offers advanced tools designed to address these challenges, providing dealerships with a significant competitive edge. This article explores how SafeDealsAI helps dealers avoid
Boost Dealership Efficiency Growth Read More »
Recent Trends Indicate a Small Decrease in Available New Vehicles Inventory Update for Dealerships New Vehicle Inventory Drops. Cloud Theory, a real-time automotive data insights provider for manufacturers, agencies, and affiliates, reports that new vehicle inventory has decreased slightly to 2.92 million units as of August. This represents a drop of 20,000 vehicles from
New Vehicle Inventory Drops Read More »
Insuring Electric Vehicles: What Dealerships Need to Know Essential Electric Vehicle Insurance. As electric vehicles (EVs) become increasingly popular, understanding the nuances of EV insurance is crucial for dealerships. With insurance costs varying widely between models, having the right information can help dealerships guide their customers more effectively. Here’s a comprehensive guide to insuring
Essential Electric Vehicle Insurance Read More »
Innovative Partnership Aims to Enhance Vehicle Remarketing Solutions Manheim has partnered with TR Group to establish a 4 Star Auto Auction in Valley, Alabama. This new facility aims to meet the needs of local dealers and expand auction operations in underserved markets. Built from the ground up, the location sits on nearly 22 acres and
Manheim TR Group Auction Read More »
Details on Recall of Two Gas Models in North America Around 102,000 Toyota and Lexus vehicles in the United States are part of this recall. Potential Issues Due to Machining Debris There is a concern that certain vehicles may have residual machining debris in the engine, which was not properly cleared during production. This issue
Recall Alert Toyota Tundra and Lexus Vehicles Read More »
Automotive Aftermarket Strong Growth. Industry Expansion Reflects Increased Consumer Demand and Technological Advancements Automotive Aftermarket Strong Growth. The Auto Care Association, in collaboration with MEMA Aftermarket Suppliers, has announced the release of the 2024 Joint Forecast Models prepared by S&P Global. Resilient Growth in 2023 Despite facing challenges such as persistent inflation, the automotive aftermarket
Automotive Aftermarket Strong Growth Read More »
A Look at the Journey to a Major Sales Achievement The Rise of the Outback Subaru 3 Million Outbacks. Subaru of America recently celebrated a major milestone with the sale of the 3 millionth Subaru Outback, an iconic SUV known for its robust safety features, dependability, and overall value. Introduced in 1995 as the “World’s
Subaru 3 Million Outbacks Read More »
Copyright © 2024 DealerXT | All Rights Reserved