Global vehicle sales increased, but major markets like Europe and the U.S. remain hamstrung by ongoing supply chain disruptions…
Tag: Trends
KPI — September 2022: Consumer Trends
An improvement in consumer confidence may help support spending, but inflation and additional rate hikes still pose risks to economic growth in the short term…
LA Auto Show to Get Drivers on Track
Drivers will have what show organizers are calling an unprecedented selection of test-driving opportunities in electric- and gas-powered cars, crossovers, SUVs and trucks at the 115th anniversary Los Angeles Auto Show. Set for Nov. 18-27 at the Los Angeles Convention Center, the LA Auto Show will feature a record-setting number of indoor electrification drive tracks… Continue reading LA Auto Show to Get Drivers on Track
Vehicle Thefts Continue to Skyrocket in Many Places
Does your shop offer theft-deterrent systems? There’s still a need out there. According to the National Insurance Crime Bureau’s (NICB) Hot Spots Report, vehicle thefts continue to skyrocket in many areas of the U.S. Nationwide, 932,329 vehicles were reported stolen to law enforcement in 2021, a 6% increase over 2020, and a 17% increase since… Continue reading Vehicle Thefts Continue to Skyrocket in Many Places
AASA Technology Conference Reveals Presentation Lineup
The 2022 AASA Technology Conference, presented by the AASA Technology Council (ATC) and AASA Mobility Technology Council (MTC), has released details regarding its presentation schedule, event organizers announced. O’Reilly Auto Parts, Bridgestone Retail Operations and Advance Auto Parts will headline the line-up sessions, panels, networking opportunities and round-table discussions on both vehicle and business technology,… Continue reading AASA Technology Conference Reveals Presentation Lineup
SEMA Report: Nearly Half of All Pickups Modified with Specialty Parts
The new ‘2022 SEMA Pickup Accessorization Report’ offers a review of market trends, popular parts, sales forecasts and more…
Key Performance Indicators Report — August 2022
Sponsored by LEER – A comprehensive source for industry insights, exclusive interviews, new and used vehicle data, economic analysis, consumer reporting, relevant global affairs and more…
KPI — August 2022: The Brief
Inflation continues to be the primary economic concern for both consumers and business owners…
KPI — August 2022: State of Business — Automotive Industry
Supply constraints are keeping vehicle sales artificially low but delivering record transaction prices and dealer profitability…
KPI — August 2022: Recent Vehicle Recalls
A roundup of recent manufacturer safety recalls…
KPI — August 2022: State of the Economy
Falling gas prices offset some costs last month, but the indexes for shelter, medical care, motor vehicle insurance, and recreation were among those that continued to increase…
KPI — August 2022: Consumer Trends
As the Fed raises interest rates to rein in inflation, consumer purchasing intentions for cars, homes and major appliances have all decreased in the last month…
Report: The Enthusiast Car Market is Cooling Off
The overall state of the economy is having an impact on the enthusiast and classic car markets, according to a recent report from Road & Track…
Shipping Industry Expecting High Rates to Last Through Year
Shipping giant Maersk is expecting elevated shipping rates to continue through the end of the year, according to a report from Reuters. Pandemic-related logjams and high demand are driving the high prices, the company said, as well record profits. Click here to read the full report.
The Companies Taking Over the Car Dealership Industry
A small number of dealership groups have been taking over a growing share of the total market…