Cars Commerce said in its 2024 Automotive Trends report there is roughly a 10.2 million-unit deficit in the number of 1- to 3-year-old vehicles expected to re-enter the pre-owned car market in the near future, leading to a “sparse and expensive” picture for dealers’ used-car inventories. How should store managers handle that situation? Brian Kramer, executive vice president at Cars Commerce and general manager of Accu-Trade, offered his perspectives during a conversation for the Auto Remarketing Podcast recorded at NADA Show 2024 in Las Vegas.
Before spending a few minutes with Cherokee Media Group to elaborate about the used-car market, National Automobile Dealers Association chief economist Patrick Manzi gave a press conference on the NADA Live Stage. Hear what else Manzi had to say about the franchised dealership world from Las Vegas during NADA Show 2024 through this episode of the Auto Remarketing Podcast.
The CARS Rule from the Federal Trade Commission was one of the primary topics at NADA Show 2024, and Adam Crowell offered his expert perspectives, too.
The vice president of legal and corporate development at KPA discussed the FTC and other regulatory matters during this episode of the Auto Remarketing Podcast recorded in Las Vegas.
Cherokee Media Group listened in as Tim Reuss of the Canadian Automobile Dealers Association appeared at NADA Show 2024 in Las Vegas. In this episode of the Auto Remarketing Podcast, hear what Reuss had to say about the challenges dealers in Canada are facing and the infrastructure struggles as more electric vehicles enter the market.
Kanchana Sundaram acknowledged dealerships are fertile places for fraud to happen. But Experian’s senior director of product and innovation for automotive offered several suggestions for how stores can remain car retailers, not vehicle victims, during this episode of the Auto Remarketing Podcast recorded in Las Vegas at NADA Show 2024.
