Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more

Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more https://ift.tt/8bupmts

Used-vehicle sales giants are among auto retailers assessing and expanding applications of artificial intelligence.

Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more

Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more https://ift.tt/D6QZNvJ

Used-vehicle sales giants are among auto retailers assessing and expanding applications of artificial intelligence.

Guest commentary: New strategies make the road back to 17 million SAAR possible

Guest commentary: New strategies make the road back to 17 million SAAR possible https://ift.tt/EP2u0Xi

The industry must be willing to take a disciplined approach to sales, inventory management and pricing.

Vehicle cost and high rates are holding back middle-income Americans, according to Santander

Vehicle cost and high rates are holding back middle-income Americans, according to Santander https://ift.tt/OuxBpcq

Thirty percent of those surveyed said they were likely to take out an auto loan if rates came down.

Nissan sales boss downshifts beleaguered brand's U.S. share target

Nissan sales boss downshifts beleaguered brand's U.S. share target https://ift.tt/eD3NH8g

The former Lexus marketer is working to flip old perceptions and draw new buyers by targeting the rational and emotional impulses involved in car buying.

Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers

Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers https://ift.tt/FywzQO6

Forvia said it underperformed the local automotive production in China due to “customer mix evolution and start of productions delayed from 2024 to 2025.”

As Fiat stalls as part of Stellantis, Italy's Turin struggles to stave off decline

As Fiat stalls as part of Stellantis, Italy's Turin struggles to stave off decline https://ift.tt/HzeoCjX

Turin's Mirafiori plant — once the symbol of Fiat's might, employing about 60,000 — has shriveled to a shadow of its former self under Stellantis ownership.

Used EVs could be answer for consumers seeking affordability

Used EVs could be answer for consumers seeking affordability https://ift.tt/SdsQJBG

The depressed values of used electric vehicles present an attractive solution to cost-conscious consumers seeking transportation, business leaders said at the 2024 Auto Finance Summit.

Stellantis dealers regain optimism after executive shake-up

Stellantis dealers regain optimism after executive shake-up https://ift.tt/iZaeTMk

Stellantis' dealer council met with new North America COO Antonio Filosa this week after criticizing the company's leadership over stagnant sales and bloated inventory.

Used-vehicle sales rise in Sept.

Used-vehicle sales rise in Sept. https://ift.tt/w9UuTV7

Sales of used light vehicles, after stagnating three straight months, rose 3.3 percent to 1.32 million last month behind a vehicle scrappage program, according to the China Automobile Dealers Association.

Guest commentary: Why bringing back stair steps is bad for automakers, dealers and consumers

Guest commentary: Why bringing back stair steps is bad for automakers, dealers and consumers https://ift.tt/5CRMToE

Fluctuating prices and preferential treatment given to some dealers create a sense of unfairness and unpredictability.

Guest commentary: Know your customer and tailor payment options to fit them

Guest commentary: Know your customer and tailor payment options to fit them https://ift.tt/JHKjzPI

Auto lenders and others should tailor payment options to their customers' preferences, writes PayNearMe CMO Anne Hay.

Sept. new-car market expands 4.5% behind scrappage program

Sept. new-car market expands 4.5% behind scrappage program https://ift.tt/UO1TvGN

Retail sales of new sedans, crossovers, SUVs and multipurpose vehicles rose 4.5 percent to 2.11 million in September after declining five straight months, the China Passenger Car Association said on Oct. 12, drawing on a final tally. 

Light-vehicle shipments edge up after dipping 3 straight months

Light-vehicle shipments edge up after dipping 3 straight months https://ift.tt/eUF3XrS

Wholesale deliveries of light vehicles bounced back last month as the positive impact of a government vehicle scrappage program kicked in and exports remained strong, the China Association of Automobile Manufacturers said.

Column: Yeehaw! Best Dealerships To Work For event celebrates winning stores

Column: Yeehaw! Best Dealerships To Work For event celebrates winning stores https://ift.tt/XxkhLmY

The Best Dealerships To Work For event was held in Nashville to celebrate an expanded group of stores that create great places to work and retain employees.

Leo Michael cartoon: Nissan's Halloween scare

Leo Michael cartoon: Nissan's Halloween scare https://ift.tt/6mZV2zD

Nissan says it will give retailers escalating bonuses on the Rogue, Pathfinder and Frontier if they reach or exceed October sales targets. It's the return of a scorned sales practice to help lift margins and market share.

Having fun at work a key driver of employee attitude among Best Dealerships

Having fun at work a key driver of employee attitude among Best Dealerships https://ift.tt/vyYdKXL

Having fun was one of the top 10 factors contributing to employees liking their dealership, according to Best Dealerships partner Workforce Research Group.

1 Thing We're Talking About: Chariot Automotive Group honored for support of college's auto programs

1 Thing We're Talking About: Chariot Automotive Group honored for support of college's auto programs https://ift.tt/85DTjeg

The owners of Chariot Automotive Group were honored for their support of the automotive training programs at Ivy Tech Community College.

Overheard: Start mobile service with one van and don't overcomplicate it

Overheard: Start mobile service with one van and don't overcomplicate it https://ift.tt/xitwhzK

Dedicate one adviser to oversee mobile service and make that their own responsibility, said Jeremy Stephens, remote operations director at Bozard Ford Lincoln on the 'What the Fixed Ops?! WTF?!' podcast.

GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time

GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time https://ift.tt/2dhpOm8

In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales.