AutoFi's suite of products integrates the online, remote, and in-store sales experiences, providing automotive commerce solutions and tools that help dealers close sales.
April 19, 2022
Higher gas prices are affecting the demand for trucks and SUVs – almost all the non-luxury crossover / SUV and pickup segments of all ages are depreciating at an accelerating rate, while non-luxury car segments are appreciating.
April 19, 2022
Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.
April 19, 2022
With low inventory and high demand, incentives dropped to a record low in March, averaging only 3.2% of the average transaction price.
April 12, 2022
The Estimated Average Weekly Sales Rate decreased a little last week to 67%, with sellers holding firm to floor pricing.
April 12, 2022
The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.
April 12, 2022
The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to February 2022 and a decline of 24.4% compared to March 2021’s SAAR.
April 11, 2022
Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far this year.
April 11, 2022
The seasonally adjusted Retention Index went down to 187.7 points in March 2022 as modified Spring arrives late.
April 6, 2022
The month’s SAAR totaled 13.3 million units, down from 14 million in February and off 24.4% from March 2021’s SAAR of 17.6 million units.
April 6, 2022
As we moved into March, the Wholesale Weekly Price Index continued to decline and is now just below the 2019 trend line, around 0.97.
April 5, 2022
Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report by Kerrigan Advisors.
April 5, 2022
With inventory shortages predicted to last into 2023 dealers are looking to refocus their marketing efforts from moving vehicles off the lot to ramping up revenue in other departments. See how connected vehicle technology can jumpstart your service revenue and provide an exceptional customer experience to earn future business.
April 1, 2022
China’s Covid-Zero policy could cause global vehicle production to lose 2% of growth in 2022, equivalent to about 1.5 million units.
March 30, 2022
While there are new stories of supply chain disruptions popping up daily, it is evident that some new inventory is hitting franchise dealers’ lots as more off-lease vehicles make their way to the auction lanes.
March 29, 2022
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