The Future of Intelligent Tires in the Auto Industry (PDF) In the years to come, as electric vehicles become more popular, tire sensors will likely become smarter and generate more valuable data, industry executives say. That’s an important safety factor. Electric vehicles are usually heavier and generate more torque
Auto Market Update Week Ending Mar 11, 2023 (PDF) During the last week, the market saw its largest single weekly gain in quite some time. The last time we saw a similar gain was in November 2021. Despite abundant activity at the auctions, there were no sales on vehicles,
Auto Incentives and Rebates Week Ending Mar 18, 2023 (PDF) A summary of retail incentives for the week ending March 11 is provided in the table below. We did have some major changes compared to the previous week, especially with Stellantis and Nissan making the most significant ones. Programs
Top Auto Brands Ranked for Responsiveness to Online Customers Inquiries (PDF) The Pied Piper PSI Internet Lead Effectiveness Study measured how quickly and effectively dealerships responded to Internet customers’ inquiries. As a result of sending specific questions to 5,428 dealership websites, Pied Piper gave each store a score out
Auto Market Update Week Ending Mar 4, 2023 (PDF) Vehicle valuations are continuing to increase, as are conversion rates at auctions. Week-over-week increases have reached levels we haven’t seen since the fourth quarter of 2021. Compared to the previous week, the overall Car segment increased by +0.46% volume-weighted. Last
Auto Incentives and Rebates Week Ending Mar 11, 2023 (PDF) A summary of retail incentives for the week ending March 11 is provided in the table below. We did have some major changes compared to the previous week, especially with Hyundai – Kia making the most significant ones. Programs
U.S. Car Sales Exceeded Expectations in February (PDF) The demand from both consumers and fleet customers remained strong in February, but automakers are facing a balancing act to maintain profitability with severely underutilized factories. The new vehicle market has reacted well this month, recording sales growth compared to 2022. This
What Auto Brands Are Most Popular With Female Buyers (PDF) When it comes to American vehicle purchases, brands like Ram, GMC, Ford, Tesla, and Dodge have the lowest female share. Market research from S&P Global Mobility estimates that only 17% of new Ram personal vehicle registrations in 2022 have
Auto Market Update Week Ending Feb 25, 2023 (PDF) Continuing its upward trend that started three weeks ago, the market gained another 0.21% after gaining 0.14% the week prior. The last time the market gained this much in one week was in May 2022. Compared to the previous week,
Auto Incentives and Rebates Week Ending Mar 4, 2023 (PDF) A summary of retail incentives for the week ending March 4 is provided in the table below. We didn’t have many changes compared to the previous week, with only the Volkswagen Group making the most significant changes. Programs may
US Dealer Groups Show Strong F&I Profits in Q4 2022 (PDF) The prospect of rising interest rates in 2023 could affect the finance and insurance businesses of publicly traded franchised dealership groups. Six publicly-traded franchised auto retailers might be experiencing a leveling off in their finance-and-insurance gross profit per
2022 Tesla Model Y Loss in Value Case Study (PDF) The Y debuted in 2020 as a pioneer of the all-electric small SUV class. It’s similar to Tesla’s Model 3 small sedan but offers a roomier interior for both people and cargo. There is even the option of a third-row
Auto Market Update Week Ending Feb 18, 2023 (PDF) Last week, the market gained another 0.14 percent. The 2-to-8-year-old car segment had the largest increase of 0.19%, while the 0-to-2-year-old car segment saw the largest increase of 0.41%. That is the largest increase this segment of vehicles has seen
Auto Incentives and Rebates Week Ending Feb 25, 2023 (PDF) A summary of retail incentives for the week ending February 25 is provided in the table below. We didn’t have many changes compared to the previous week, with only Ford, Mazda, and Stellantis making the most significant changes. Programs
EVs Are on The Radar of Toyota’s New CEO (PDF) The incoming CEO of Toyota, one of the world’s largest automakers, said this week he plans to increase production of electric vehicles, starting with the Lexus luxury brand. Because of the strategy of the outgoing CEO and grandson of
Auto Market Update Week Ending Feb 11, 2023 (PDF) The overall market reversed its course and returned to the green zone last week, the first time since mid-June 2019. The 0-to-2-year-old units saw bigger gains than their 2-to-8-year-old peers. The former posted an increase of +0.12% while the latter
Auto Incentives and Rebates Week Ending Feb 18, 2023 (PDF) The purpose of consumer incentives and rebates is to boost sales of a particular vehicle through dealerships at a specific time of year to benefit all parties. The following list provides guidance to consumers who want to take advantage
Inflation Concerns Add Challenges to the Used Car Market (PDF) Even as the Federal Reserve raises interest rates, a surprise spike in used-vehicle prices last month is fueling frustration among US car buyers. As a result of the 2.5% rise in used vehicle prices from December, Manheim said some
Auto Market Update Week Ending Feb 4, 2023(PDF) Last week, the market reported the lowest overall depreciation since the end of June 2022, continuing the reduction in weekly depreciation that began a couple of weeks ago. For the first time since early June last year, the Compact Crossover segment
Auto Incentives and Rebates Week Ending Feb 11, 2023 (PDF) The purpose of consumer incentives and rebates is to boost sales of a particular vehicle through dealerships at a specific time of year to benefit all parties. The following list provides guidance to consumers who want to take advantage
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