The dealership of the future, advancements in fintech, digital auction sales and economic indicators to watch were among the many topics on the table during the various panel discussions that took place at Used Car Week, which was held Nov. 11-14 in Las Vegas. Here’s a glimpse of some of those conversations. Dealers in the […] [Read More]

Five megatrends have the potential to bring modern technology’s full benefits to the mobility sector and to improve the commuter experience, according to Dominik Wee of Google Cloud. Those are autonomous driving, shared mobility, gaining deeper customer insights, digital manufacturing and connected cars. “Autonomous driving is what we believe is the most fundamental one because […] [Read More]

Tractica, a market intelligence firm that focuses on emerging technologies, sought to answer seven questions dealerships and other parts of the automotive industry might have as Mobility as a Service (MaaS) programs gain momentum. A new report from Tractica released on Wednesday indicated that MaaS is providing greater accessibility at similar or lower cost to […] [Read More]

Early spring in North Carolina. Knocking on summer’s door in Toronto. Now, that’s the kind of weather we can get on board with at Cherokee Media Group. Not that more pleasant temps were the reason we made the shift, but the new dates for CMG’s Automotive Intelligence Summit, Auto Remarketing Canada and Women & Automotive […] [Read More]

The Ford F-150 is the most popular used car in Atlanta. It’s also the most popular in Austin, Texas. The same goes for Charlotte, N.C., Denver and Houston. In fact, a new study from car search engine iSeeCars.com shows the F-150 to be the most popular used car in almost half of the most populous […] [Read More]

Many Americans are concerned about global warming and vehicle emissions, according to market research company Ipsos. But only 30% surveyed in a recent Ipsos study said they would buy an eco-friendly vehicle. Ipsos set out to find out, Why is there a disconnect between environmental beliefs and automobile selection? According to the study, which is […] [Read More]

The Tesla Model S may be the original electric luxury car. But the Nissan Leaf “was the first electric car to target the masses.” That's according to Autotrader.  “Think of it as the modern Ford Model T of electric cars,” the third-party listings brand said in a news release about the Leaf. Autotrader recognized both […] [Read More]

This year will mark “the beginning of a slight decline in total” used-vehicle sales, says Cox Automotive chief economist Jonathan Smoke. But keep this in mind: used-vehicle sales by dealerships should keep on climbing. “We believe the retail market will continue to grow as the supply shifts to higher-quality, younger and more expensive used vehicles,” Smoke said […] [Read More]

The expansion of digital retailing and how rising new-vehicle prices coupled with an ample supply of off-lease vehicles could tip the scale in favor of used-vehicles over new, are some major trends that will keep the retail industry on its toes in 2020. That’s according to dealers and industry experts who attended Used Car Week, […] [Read More]

While still currently an estimate, it appears that the used-vehicle market eclipsed 40.4 million sales in 2019, according to Edmunds, whose projected pre-owned tally would be up from 40.2 million used-car sales in 2018. Specifically, Edmunds estimates that there were 40,415,175 used sales last year, continuing a long line of annual gains in the used-car market. […] [Read More]