Automotive Updates

Consumers Still Love Their Cars

Demand for personal vehicle ownership remains overwhelmingly strong

If you want to buy a car dealership or are already an auto dealer, one of the main things on your mind is probably consumer car ownership trends. So, you might be happy to learn that, according to a new study commissioned by the National Automobile Dealers Association (NADA), demand for personal vehicle ownership remains overwhelmingly strong across all demographics.

The survey of 1,200 consumers was conducted by Luntz Global from March 2-5,

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NEW ROADS: Subscriptions bring challenges, but also new ways to reach shoppers Joe Overby

March 12, 2018 by Auto Remarketing Staff| Auto Remarketing

CARY, N.C. – Editor’s Note: This is the debut story in Auto Remarketing’s “New Roads” series, examining the latest technology and innovation impacting the retail automotive space.
Much like the wave of online car-buying services launched over the last handful of years, the subscription model and other related alternatives to vehicle ownership are seeing the same ripple effect.

The pool of providers is already quite deep,

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Retail used-car trends to watch this year

January 15, 2018 By Arlena Sawyers | Auto Remarketing

LA QUINTA, Calif. and DETROIT – Dealers know that competition for retail used-vehicle sales and profits is fierce, and keeping expenses manageable and transaction prices competitive is a never-ending battle.

But despite that, many dealers are betting on a strong economy and strong used-car sales this year, and some are even adding stores or refurbishing or replacing existing ones.

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A car dealership CEO says he cut staff by 17%. Now employees are ‘happier’ and selling twice as many cars.

September 22, 2021 Read Original Article >

As the coronavirus pandemic ravaged the US economy in 2020, millions of workers across industries lost their jobs. Car salespeople were no exception.

Now, with the economy recovering and the auto market hotter than ever, some dealerships aren’t planning to hire back the employees they cut loose last year, The Wall Street Journal reports. Dealers have found that they’re doing just fine with a leaner,

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