January Auto Shopper Intensity Index Continues Upward Momentum
Dataium LLC, an aggregator of automotive shopping behavior, said its Auto Shopper Intensity (ASI) Index continued an upward climb in January from its low in September.
Dataium LLC, an aggregator of automotive shopping behavior, said its Auto Shopper Intensity (ASI) Index continued an upward climb in January from its low in September. Strong gains were present in several key components of the index such as automotive Website traffic, inventory search activity and lead volume. Lead volume increased 52 percent over December on a per dealership basis.
Dataium said it continues to see consumers expand the volume and variety of vehicles they shop for. In addition, the auto buying cycle continues to lengthen as consumers become more diligent in their shopping behavior. The behavioral components of the index's moving averages indicate desire and demand are expanding in the market place, with the BMW 328 having the highest shopping intensity for new cars, and Honda Accord, the strongest among pre-owned vehicles. However, household economics impacted by continued weak employment and increasing consumer prices threaten to trump buyer desire.
There has been some softening of the index during the first two weeks of February, but this time period was impacted by the Super Bowl’s impact on auto shopping. Further, strong winter storms and increasing gas prices may have had some impact on consumer shopping habits as well. However, long-term changes in the types of vehicles shopped for online, due to gas price increases, have yet to materialize. In fact, the ASI Index for Hybrid vehicles remains low.
"The ASI index for January continues an encouraging upward trend," stated Eric Brown, CEO of Dataium. "However, price increases in energy, food and other consumer goods may begin to impact the ASI Index going forward. The coming months' ASI may prove to be a bellwether for the remainder of the year."
Dataium’s national report is available for download at http://www.dataium.com/library. Reports and dashboards are available on a subscription basis or may be customized for real-time updates or specific data requirements.
More Digital

Need for Speed: EV Apps Lack Consistency
Fifty-five percent of surveyed EV owners said their mobile applications had a major or moderate impact on their purchasing decisions, but connectivity issues remain a problem.
Read More →
Four Keys to Your Digital Trail Defense
Federal regulators are cracking down on hidden fees. This protective measure could mean the difference between winning and losing a lawsuit or surviving a duel with the Dark Side.
Read More →
Hyundai Hosts Tech Talent Forum
Technology leaders from Hyundai Motor Group will have open discussions at the inaugural HMG Tech Talent Forum on topics ranging from autonomous driving to 'smart' manufacturing.
Read More →
Dealers Seek Actionable AI
Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.
Read More →
Reahard & Associates Forges New Integration
The firm's F&I Insight tie-up with The Impact Group’s ImpactMenu platform is designed to enhance finance-and-insurance transaction recording for auto dealerships.
Read More →
Registration Open for Reynolds Amplify Retail Summit
Advancements with Reynolds' AI Agent, Rey, will take center stage this August at the Park Hyatt Aviara in Carlsbad, Calif., near San Diego.
Read More →
Automotive Training Academy by Assurant Grows Offering
A new Atlanta location on Reynolds and Reynolds' docuPAD e-contracting system is designed to broaden access for auto professionals.
Read More →
Assurant Debuts Virtual Solution for Dealers' Staffing Challenges
Company says on-demand access to F&I specialists is shown to boost dealership efficiency and profitability.
Read More →
What to Do When Your Vendor Is Hacked
The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.
Read More →
Dealer Credit Service Provider Breached
Hack exposed thousands of dealerships’ customer data
Read More →