Retail

Beyond the Transaction: From assigning best tech for job to detecting cracks in exterior, AI is changing service department

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]

Wholesale

Beyond the Transaction: How AI, EVs are changing inspection, CR landscape

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]

Technology

Orbee lands another integration to boost dealer connections with shoppers

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]

Financial

Beyond the Transaction: Overcoming customers’ affordability concerns through the financing process

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]
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Analysis

Used-car sales climb about 11% & move at faster clip

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]

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