Retail
Beyond the Transaction: From assigning best tech for job to detecting cracks in exterior, AI is changing service department
Tuesday, Apr. 16, 2024, 03:46 PM
Alysha Webb, Correspondent
This feature is part of Auto Remarketing’s upcoming “Beyond the Transaction” edition, which is the May print issue of the magazine. It is available for Cherokee Media Group Premium subscribers now. Artificial intelligence is popping up everywhere these days ... [Read More]
MORE Retail
Beyond the Transaction: Service lane video use is growing, boosting profits & customer satisfaction
Dealer news: Group 1 expands in UK, Fisker adds dealerships in Florida & Europe
Wholesale
Beyond the Transaction: How AI, EVs are changing inspection, CR landscape
Thursday, Apr. 18, 2024, 02:39 PM
Sarah Rubenoff, Correspondent
This feature is part of Auto Remarketing’s upcoming “Beyond the Transaction” edition, which is the May print issue of the magazine.
It is available for Cherokee Media Group Premium subscribers now.
As technology continually reshapes the automotive industry, the evolution of inspections and condition reports stands out as a pivotal chapter.
With artificial intelligence taking the wheel, there is a transformative shift in how both consumers and auto dealers navigate the often complex and sometimes opaque world of vehicle inspections.
Gone are the days of relying solely on [Read More]
MORE Wholesale
McConkey Auction Group expands use of LiveLanes to lower 48
Sponsored Content
Exeter Finance Hands Out Auction eXcellence Awards
Exeter Finance
Exeter Finance honored five auto auctions as winners of its 2023 Auction eXcellence Awards during last week’s CAR Conference in Phoenix. America’s Auto Auction Dallas earned the award for Division I, with Big Valley Auto Auction in Donna, Texas, claiming the Division II honor and America’s Auto Auction Kansas City winning Division III. [Read More]
Technology
Orbee lands another integration to boost dealer connections with shoppers
Wednesday, Apr. 17, 2024, 03:46 PM
Auto Remarketing Staff
For the second time this month, Orbee finalized an integration with the intention of benefiting its dealer clients. The one announced on Wednesday involved EMG, which generates streaming advertising measurements and optimization solutions for the automotive industry. The customer experience ... [Read More]
MORE Technology
CarNow gains $40M investment from Runway
TotalCX adds Sandler Partners to partnership collection
COMMENTARY: How AI is enhancing vehicle inspections for car buying, selling & transportation
Financial
Beyond the Transaction: Overcoming customers’ affordability concerns through the financing process
Wednesday, Apr. 17, 2024, 03:41 PM
Andrew Friedlander, Associate Editor
This feature is part of Auto Remarketing’s upcoming “Beyond the Transaction” edition, which is the May print issue of the magazine. It is available for Cherokee Media Group Premium subscribers now.
For consumers, the greatest concern when it comes to buying a car can be summed up in one word.
Affordability.
While the price of cars has dropped over the past year, they remain substantially elevated compared to before the COVID pandemic. Currently, the average price of a used vehicle is in the $25,000-$28,000 range, depending on which analyst’s data you’re looking at — well above the sub-$19,000 average of early 2020.
And with interest rates soaring to their highest point in ... [Read More]
MORE Financial
Beyond the Transaction: The ins and outs of reinsurance
InfoSum, Experian seek to increase power of auto brands’ first-party data
Analysis
Used-car sales climb about 11% & move at faster clip
Wednesday, Apr. 17, 2024, 03:01 PM
Auto Remarketing Staff
It was March momentum for the retail used-car market. In a month were days-to-sell plummeted (more on that later), franchised and independent dealers combined to sell an estimated 1.66 million used vehicles, which was a 10.9% gain from March 2023 ... [Read More]
MORE Analysis
From the editor: This in-car song list is music to our ears
March brings surge of inventory, falling prices, Cars Commerce report finds