Auto News

Black Book: Weekly Market Update

By Tricor Admin | January 21, 2025

Feds Sued Over AEB Rule

By Tricor Admin | January 21, 2025

Group says lawsuit intended to ensure a rule to maximize driver and pedestrian safety ‘is technologically feasible.’ Pexels/Taras Makarenko An auto industry lobbying group sued the U.S. Department of Transportation over a 2024 rule that requires all new vehicles to come with automatic emergency brakes by the fall of 2029. The Alliance for Automotive Innovation…

Repute Translates to Business

By Tricor Admin | January 21, 2025

Among other recommendations, the report says dealers and brands should actively manage their reputations ‘beyond traditional marketing’ through soliciting consumer reviews and responding to all of them. Pexels/Pixabay A business reputation- and customer-experience management company says car dealerships and auto brands that improve their online statures reap significant rewards, and fast. Itself called Reputation, the…

Trucks and SUVs Dominate Popular Used Sales

By Tricor Admin | January 16, 2025

Ford’s F-150 topped all used sales last year and also led in more than half of the biggest U.S. cities. American automakers’ models were the most popular used-vehicle choices last year. Research by iSeeCars.com found that a trio of full-size trucks in particular did the best of all in the used market. Ford’s F-150, the…

Under-Water Auto Loans on the Rise

By Tricor Admin | January 16, 2025

Both the monthly and overall financial impacts of upside-down trade-ins for those consumers hit records in the fourth quarter. Pexels/Mikhail Nilov A growing number of U.S. consumers are under water on their auto loans and owed a record amount in the fourth quarter. A quarter of traded-in vehicles with outstanding loans had negative equity in the…

EFI Conference Returns to Vegas, Seeks Retail F&I Speakers

By Tricor Admin | January 15, 2025

iA American Warranty Group’s Shelly Ligget and Tony Dupaquier share the stage at EFI Con 2023.  2023 EFI Shelly Liggett Tony Dupaquier rgb LAS VEGAS — Organizers of the annual Ethical F&I Managers Conference have announced the next event will be held this March in Las Vegas. EFI Con will be co-located with the annual…

Black Book: Weekly Market Update

By Tricor Admin | January 14, 2025

ASE Winter Registration Opens

By Tricor Admin | January 14, 2025

In-person testing options are at over 450 proctored test centers year-round on weekdays in the evenings and on weekends. Pexels/Yaowaluck Promdee The winter registration period for the National Institute for Automotive Service Excellence testing period is now open. Those who register now through March 31 will have 90 days to schedule an appointment to take the…

EV Sales Had a Good Year

By Tricor Admin | January 14, 2025

Tesla’s sales fell last year, though it’s still the electric-vehicle market leader. U.S. electric-vehicle sales had a strong finish to 2024, posting a quarterly record, and Cox Automotive predicts they’ll set new records and hit a key milestone. Global EV sales, meanwhile, jumped last year by 25% to 17 million units, according to London-based Rho…

A Timely Math Lesson

By Tricor Admin | January 9, 2025

Picking out an extreme statistical example in meetings with customers can be misleading. Pexels/Lukas Math was always my weakest subject in school, and I studiously avoided the more advanced courses as much as possible. Though I did take statistics in college, I remember nothing from the class, at least not consciously. My career as a…