Join Kerri and Todd Smith, CEO of QoreAI, for a deep dive into the real-world impact of Artificial Intelligence on the automotive industry.
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Kerri Wise sits down with GM of Product and Technology Lance Schafer to discuss the rapidly evolving landscape of Artificial Intelligence, specifically for the automotive industry.
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Kerri Wise and Jen Suzuki dive into the biggest challenges and cutting-edge solutions for the modern automotive BDC and sales floor.
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Kerri Wise sits down with Car Dealership Guy for a candid conversation on his start in automotive, how CDG gained momentum, and the lessons he’s learned from interviewing top operators across the industry.
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🗞️ Industry roundup: FROM REUTERS: U.S. retail sales showcase economy’s enduring strength Retail sales across the nation grew 0.7% month-over-month in November, exceeding forecasts by 0.2% and showing strength in the consumer market. This growth was bolstered by a 2.6% increase in auto dealership sales and a 1.8% increase in online retail sales ahead of…
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New inventory grew by 9% causing day supply to increase by 3 days to 79 days as supply constraints were alleviated for some brands. Sales growth slowed slightly, increasing by just 1% MoM as prices continue to rise heading into the end of the year. However, hybrids saw list price fall by 5% YoY, contributing…
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The used car market has been a rollercoaster ride in recent years, influenced by factors like the pandemic, supply chain disruptions, and rising interest rates. As we look into 2025, learn the potential used car inventory trends that could shape the sector. January 2025 Used Car Market Forecast Inventory Used car inventory remains tight While…
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It’s common knowledge that the holiday season is a prime time for car buyers, making it a busy period for dealerships. However, not all days and weeks within this festive window are the same. According to MarketWatch, “the best time to buy a car is from October through January 1, with December as the standout.”…
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🗞️ Industry roundup: FROM WARDSAUTO: Retail ride still bumpy, but good news is ahead November 2024 marked strong new-vehicle sales, with a 6.7% YoY increase and consumer spending reaching nearly $50 billion, a record for the month. However, rising inventory levels and deeper discounts have driven down average transaction prices and dealer profits, with per-unit…
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November has been an important month for the automotive inventory market as dealers and manufacturers strive to balance supply and demand amidst various economic and technological challenges. The post-cyber breach landscape is stabilizing but has left a big imprint on how inventory data is managed and reported. This reset in operations provides the backdrop for…
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