J.D. Power: Consumers Find New Vehicles More Appealing Than Ever
The latest edition of J.D. Power’s APEAL Index shows a nine-point increase from last year’s report.
The latest edition of J.D. Power’s APEAL Index shows a nine-point increase from last year’s report.
KAR Auction Services and TradeRev have partnered to launch a series of integrated transportation, financing and physical auction offerings for auto dealers.
The new ‘customer experience management’ platform was designed to structure, organize and streamline the sales process and give sales managers a new performance-monitoring tool.
Registration is now open for Golf for Heroes, a charity tournament benefiting Carry The Load that will be held in conjunction with Industry Summit.
Recall Masters Inc. has integrated its real-time vehicle recall lookup solution into the Record360 app, which allows dealers to automate the asset management component within their rental and leasing department by digitizing vehicle condition reviews.
StoneEagle is offering $3,500 hole sponsorship opportunities to companies and individuals that wish to support Golf for Heroes and Carry The Load.
The latest edition of J.D. Power’s semiannual cross-device website evaluation study ranks manufacturer sites in terms of information and content, appearance, speed and navigation.
The 2.2% decline in wholesale prices of vehicles up to eight years in age was right in line with average losses recorded for the month over the past five years, J.D. Power Valuation Services reported this week. However, the firm’s Seasonally Adjusted Used Vehicle Price Index was significantly lower than a year ago.
The Chatbot Consumer Report found that a quarter of the 500 U.S. households polled by 3Cinteractive Corp. use chatbots on a daily basis. But the report also revealed that the technology is still a long way from impacting business.
The partnership integrates open sale inventory listed on manufacturers’ digital sales platforms powered by RMS Automotive into vAuto’s Stockwave tool, providing dealers with access to pre-auction inventory while helping manufacturers increase exposure of their inventory.
A federal judge has granted Authenticom’s request for a preliminary injunction against business practices at the heart of the company’s antitrust lawsuit against the nation’s leading DMS providers.
According to the firm, the RelayCars virtual reality app has been downloaded more than one million times since launch. It provides an immersive automotive VR experience that lets users explore every make and model available since 2015 in six different virtual showrooms.
The price of cars dropped 1.8%, while trucks recorded a 0.8% decline in value for the month of June. Small pickups registered the lowest monthly depreciation, while subcompact cars recorded the largest depreciation in June.
Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said this week.
Former corrections officer Marty Hamm is capturing customers (and sales) at Alexander Chevrolet Buick GMC in Dickson, Tenn.
