Dealers Coping With Tariff Shift. Tariffs are expected to be implemented shortly on imported vehicles. This is causing a significant effect on vehicle sales and prices. Here is some information that has been shared with DealerXT. As of last weekend (March 29-30, 2025), sales of vehicles at new car dealerships have skyrocketed because customers expect […]
Expanding Insights into Automotive Remarketing with New Online Auction Platform J.D. Power has expanded its footprint in automotive remarketing with the acquisition of Superior Integrated Auctions (SIA). The acquisition merges SIA’s online auction platform with J.D. Power’s vehicle inventory, valuation data, predictive analytics, and digital marketing tools. This collaboration aims to streamline the management
J.D. Power Acquires SIA Read More »
Understanding the Remaining Obstacles in EV Sales EV Retailing Challenges for Dealers Challenges in Retailing EVs. Retailing used electric vehicles (EVs) should be straightforward for dealerships, especially with recent data from iSeeCars revealing a 15.1% drop in used EV prices over the past year. This trend could make these vehicles more attractive in dealer
Challenges in Retailing EVs Read More »
Analyzing Trends in February’s Used-Car Retail Market Price Changes in February February Used-Car Price Trends. Last month saw some year-over-year declines in retail used-car prices, according to the latest CARFAX Used Car Index report, which highlighted price drops in six of the segments analyzed. Mixed Bag of Results Compared to January, the market showed
February Used-Car Price Trends Read More »
A closer look at the Consumer Financial Protection Bureau’s latest enforcement action. Federal Agencies Intensify Scrutiny on the Auto Industry USASF CFPB Fine 2025. The Consumer Financial Protection Bureau (CFPB) concluded its case against USASF, an auto-loan servicer, with a significant ruling in the U.S. District Court for the Northern District of Georgia. The
USASF CFPB Fine 2025 Read More »
Examining the factors behind the latest sales decline and what it means for the company’s future. Overall Sales Decline in 2024 FCA Drop in Sales. FCA US (Fiat Chrysler Automobiles) reported sales of 320,743 vehicles in the fourth quarter and 1,303,570 vehicles for the full 2024 calendar year. Overall, total U.S. sales declined 7% in
Exploring the challenges and opportunities shaping success in the year ahead. A Challenging Year for Retail and BHPH Dealers 2025 Thrive or Survive. If 2024 is any indication, 2025 will be another year of navigating challenges for independent used vehicle dealers. While opportunities exist to thrive, survival mode may dominate for most industries. Lessons
2025 Thrive or Survive Read More »
Upgraded AI-Powered Web Platform Revolutionizes Customer Interactions and Streamlines Dealer Operations Web-Based Revolution DealerXT. In a groundbreaking announcement, SafeDealsAI by DealerXT has revealed plans to discontinue the Blue Tablet, marking a significant shift towards their innovative web-based platform. This transition underscores their commitment to providing innovative solutions for dealers and customers alike, with faster
Web-Based Revolution DealerXT Read More »
How Solid-State Technology Is Set to Transform Electric Vehicles Advancing EV Technology Honda Revolutionizes EV Batteries. Honda is taking a major leap in electric vehicle (EV) development with its innovative solid-state batteries. These next-generation batteries promise to redefine EV performance, offering improved safety, cost efficiency, and longer lifespan. Production Begins in 2025 Solid-state battery production
Honda Revolutionizes EV Batteries Read More »
Discover the Affected Models and Essential Next Steps GM Recall Alert: Over 460,000 Vehicles Impacted by Transmission Issue GM Announces Major Recall. General Motors is issuing a major recall for specific models equipped with diesel engines. The impacted vehicles include: 2020-2022 Chevrolet Silverado 1500, 2500, 3500 2020-2022 GMC Sierra 1500, 2500, 3500 2021 Cadillac Escalade, Escalade
GM Announces Major Recall Read More »
Copyright © 2024 DealerXT | All Rights Reserved