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🚗🇺🇸 Cox Automotive's new research highlights crucial insights for OEMs and dealership leaders. Nearly 75% of vehicle shoppers foresee election outcomes impacting the economy, inflation, and interest rates. This heightened uncertainty is prompting a wait-and-see approach among consumers, affecting purchase decisions. Stay ahead of market shifts and strategic planning with detailed analysis: https://lnkd.in/gcX73cdr #AutomotiveIndustry #ElectionImpact #MarketInsights

🚨 Are you in the automotive industry? Our new white paper is packed with valuable insights that can help you! "Driving Future Success: Five Key Trends in Online Vehicle Retail." 📑 We surveyed 1000 recent used vehicle buyers, uncovering surprising insights into their purchasing journey. Discover what they did and what they're looking for in their future buying experience! 🚗💨 ➡️ Driving Future Success https://hubs.la/Q02p00N20 #Automotive #DigitalTransformation #WhitePaperLaunch

The appetite to purchase a car is stronger than it was 12 months ago, with 18% of in-market decision makers looking to buy within the next three months, up 5% year-on-year. Additionally, almost half (44%) expect to buy before the end of the year, up 3% on 12 months ago. The findings come from our latest Consumer Insight Panel, researched in April by Insight Advantage, which polled the views of over 2,000 consumers about their car buying plans. https://lnkd.in/e9EK9GHS

🚗 Dive into the future of vehicle retail! Our latest research unveils 5 key trends shaping the online buying experience for used vehicles. From financing to compliance, here's what we discovered: 🔍 Move towards online sales 💳 Online finance drives sales 😊 Happier buyers online 📝 Compliance journey is working 🛠️ Online tools boost engagement But don't just take our word for it! Hear from real buyers and explore key insights. Ready to shape your sales strategy for tomorrow? Get your free download now: https://hubs.la/Q02r1t6N0 #VehicleRetail #OnlineExperience"

The “DTC graveyard” wasn’t caused by the DTC channel. It was caused by a lack of business fundamentals. You can't pay more to acquire a customer then they are worth to your brand after stripping out the product, delivery, fulfillment and acquisition costs. Period. Furthermore, in consumer, you can't extend your payback period (where you break even on the above) out beyond 8-10 months from a cash flow perspective. Lastly, the part that’s talked about the least. Even if you do have a short payback period, the economics of customer acquisition and retention still don't work if that customer isn’t eventually worth 15%+ of contribution margin after the payback period. And that margin has to materialize within 12-15 months. The flood of VC money into the consumer space came with a focus on revenue growth and turning a blind eye to customer unit economics. The DTC channel is a sales channel, not a business model. And it doesn’t work for every brand. But the channel didn’t create the problem. A lack of business fundamentals did. #business #consumergoods #ecommerce

With a national election approaching, the U.S. auto industry is entering a season of uncertainty. As new policies and potential shifts in leadership loom, manufacturers and dealers must prepare for the possible impacts on regulations, consumer demand, and economic trends. Staying adaptable and informed will be key to navigating this unpredictable landscape. #AutoIndustry #ElectionImpact #MarketTrends #CoxAutomotive

🚗 Dive into the future of vehicle retail! Our latest research unveils 5 key trends shaping the online buying experience for used vehicles. From financing to compliance, here's what we discovered: 🔍 Move towards online sales 💳 Online finance drives sales 😊 Happier buyers online 📝 Compliance journey is working 🛠️ Online tools boost engagement But don't just take our word for it! Hear from real buyers and explore key insights. Ready to shape your sales strategy for tomorrow? Get your free download now: https://hubs.la/Q02rsTV20 #VehicleRetail #OnlineExperience"

@autotalk.com.au highlights our impressive FY24 results achieved amid challenging retail and consumer conditions, demonstrating the resilience of our #business model. This success was driven by expanding market reach, deepening customer relationships, and prioritising #innovation for an even better FY25.   #automotiveaftermarket #smallcaps #asx https://lnkd.in/dZcR9kMJ

Our webinar, "Driving Dealership Success in the Digital Era," is now available on-demand on our website. Whether you're looking to catch up, dive deeper into the strategies discussed, or share this resource with your team, it’s all accessible now. Watch it here: https://okt.to/0QipcR Hosted by Nick Zulovich, with insights from Aaron Hancock, this session covers everything from navigating rising interest rates and inventory shortages to leveraging digital solutions for better customer engagement. It's a must-watch for dealers aiming to thrive in today's challenging market. Don't miss this opportunity to improve your dealership's digital strategy. Watch now, share with your team, and start applying these insights today! #AutoRemarketing Dealer Car Search

With 45,000+ dealerships and 14 million retail listings, our Retail Listings are mapped to Black Book vehicle descriptions, providing you with accuracy all the way down to the trim level. Responses include: ➡️ Vehicle description and details, including year, make, model, series, body style. ➡️ Number of price changes with price and mileage history ➡️ Number of days on the market. ➡️ Days to turn, market days’ supply, minimum and maximum price and mileage, mean and medium price and mileage. ➡️ And more! Learn more about how to Make Smarter Decisions with Retail Listing Data here: https://bit.ly/4ajK2Zz #autodata #autohistory #autoinsights #retaillistingdata