In this episode of the Used Car News Podcast, host Jeffrey Bellant speaks with John Coles, Vice President of Data Science and Analytics for ACV, about the current trends in the used car market. They discuss the impact of supply and demand on vehicle values, particularly focusing on gas, electric, and hybrid vehicles. The conversation also highlights the strategies independent dealers are employing to acquire inventory and the importance of data analysis in understanding market dynamics. Additionally, insights from the NAAA Convention are shared, emphasizing the evolution of the auto auction industry and the challenges faced by dealers.

Read this month's issue here



Chapters

00:00 Navigating the Used Car Market
01:23 Supply and Demand Trends in Vehicles
10:27 Strategies for Independent Dealers
15:37 Understanding Market Basket Analysis
23:09 Insights from the NAAA Convention

In this episode of the Used Car News Podcast, host Jeffrey Bellant speaks with John Coles, Vice President of Data Science and Analytics for <a href="https://www.acvauctions.com/">ACV,</a> about the current trends in the used car market. They discuss the impact of supply and demand on vehicle values, particularly focusing on gas, electric, and hybrid vehicles. The conversation also highlights the strategies independent dealers are employing to acquire inventory and the importance of data analysis in understanding market dynamics. Additionally, insights from the NAAA Convention are shared, emphasizing the evolution of the auto auction industry and the challenges faced by dealers.
<a href="https://issuu.com/usedcarnews/docs/ucn_101424_digitaledition?fr=xKAE9_zU1NQ">Read this month's issue here</a>
 
Chapters
00:00 Navigating the Used Car Market 01:23 Supply and Demand Trends in Vehicles 10:27 Strategies for Independent Dealers 15:37 Understanding Market Basket Analysis 23:09 Insights from the NAAA Convention

Fast and reliable news car dealers can rely on for an evolving industry.

As the first podcast devoted solely to the used car industry Used Car News will gather all the news, feature stories, data, studies, statistics and surveys together under one roof and make sense of them for you. To our advertisers, we provide an inexpensive advertising medium so even the smallest advertiser can afford to promote its products. Used Car News provides a targeted advertising medium aimed at independent used car dealers, wholesalers, buyers and new-car dealers who are at the heart of our industry.

https://usedcarnews.com/

Fast and reliable news car dealers can rely on for an evolving industry.
As the first podcast devoted solely to the used car industry Used Car News will gather all the news, feature stories, data, studies, statistics and surveys together under one roof and make sense of them for you. To our advertisers, we provide an inexpensive advertising medium so even the smallest advertiser can afford to promote its products. Used Car News provides a targeted advertising medium aimed at independent used car dealers, wholesalers, buyers and new-car dealers who are at the heart of our industry.
<a href="https://usedcarnews.com/">https://usedcarnews.com/</a>

Used Car News - Fast and reliable news car dealers can rely on for an evolving industry.

Used Car News

Fast and reliable news car dealers can rely on for an evolving industry.



For more information visit https://usedcarnews.com/

This podcast is produced by BG Podcast Network. 

Fast and reliable news car dealers can rely on for an evolving industry.
 
For more information visit <a href="https://usedcarnews.com/">https://usedcarnews.com/</a>
This podcast is produced by BG Podcast Network.

Understanding Vehicle Supply and Demand Trends: John Coles

In this podcast episode, Jeffery Bellant and Kirsten Von Busch discuss the latest Automotive Consumer Trends and Analysis Report, focusing on generational insights in automotive purchases. They explore how different generations approach car buying, the implications for dealers, and the trends in electric vehicle registrations. The conversation highlights the importance of understanding consumer behavior and adapting marketing strategies accordingly, especially in a competitive used car market.

Read this months issue here

Chapters

00:00 Introduction to Automotive Consumer Trends
01:22 Generational Insights in Automotive Purchases
10:10 Market Trends and Implications for Dealers
17:28 Future of Electric Vehicles and Generational Shifts
21:30 Conclusion and Resources for Dealers

In this podcast episode, Jeffery Bellant and <a href="https://www.experian.com/blogs/insights/author/kirsten-von-busch/">Kirsten Von Busch</a> discuss the latest Automotive Consumer Trends and Analysis Report, focusing on generational insights in automotive purchases. They explore how different generations approach car buying, the implications for dealers, and the trends in electric vehicle registrations. The conversation highlights the importance of understanding consumer behavior and adapting marketing strategies accordingly, especially in a competitive used car market.
<a href="https://issuu.com/usedcarnews/docs/ucn_091624">Read this months issue here</a>
Chapters
00:00 Introduction to Automotive Consumer Trends 01:22 Generational Insights in Automotive Purchases 10:10 Market Trends and Implications for Dealers 17:28 Future of Electric Vehicles and Generational Shifts 21:30 Conclusion and Resources for Dealers

The Future of Electric Vehicles: Kirsten Von Busch

https://api.omny.fm/orgs/e14589b9-3ca7-47f2-b711-ac2a00ccc2a4/clips/169db5f3-be2d-4511-8098-b1f00151b81f/transcript

Brendan Jones, owner of Ready Motors and a state lawmaker, shares his journey in the car dealership business and politics. He discusses how his family got into the car business and the challenges they faced. Jones also talks about his experience in the state legislature and the importance of small businesses and car dealerships in the community. He highlights the role of associations in advocating for the industry and the need for effective implementation of laws and regulations. Jones emphasizes the positive impact car dealers have on their communities and the importance of good government for the industry.

Read this months issue here

Chapters

00:00 Introduction
00:53 Brendan Jones' Background in the Car Dealership Business
07:34 Brendan Jones' Entry into State Legislature
11:24 The Experience of Serving in the State Legislature
13:19 The Importance of Associations in Advocating for Car Dealerships
14:40 Challenges in Implementing Laws and Regulations
19:18 The Positive Impact of Car Dealerships in the Community
23:26 The Role of Associations in Advocating for Car Dealerships
24:36 The Importance of Effective Implementation of Laws and Regulations
25:28 Advocacy Efforts by NIADA
25:54 Conclusion

Brendan Jones, owner of Ready Motors and a state lawmaker, shares his journey in the car dealership business and politics. He discusses how his family got into the car business and the challenges they faced. Jones also talks about his experience in the state legislature and the importance of small businesses and car dealerships in the community. He highlights the role of associations in advocating for the industry and the need for effective implementation of laws and regulations. Jones emphasizes the positive impact car dealers have on their communities and the importance of good government for the industry.
<a href="https://issuu.com/usedcarnews/docs/ucn_081924_combined?fr=sYWExNzYzMzMxNjk">Read this months issue here</a>
Chapters
00:00 Introduction 00:53 Brendan Jones' Background in the Car Dealership Business 07:34 Brendan Jones' Entry into State Legislature 11:24 The Experience of Serving in the State Legislature 13:19 The Importance of Associations in Advocating for Car Dealerships 14:40 Challenges in Implementing Laws and Regulations 19:18 The Positive Impact of Car Dealerships in the Community 23:26 The Role of Associations in Advocating for Car Dealerships 24:36 The Importance of Effective Implementation of Laws and Regulations 25:28 Advocacy Efforts by NIADA 25:54 Conclusion

The Role of Associations in Advocating for Car Dealerships: Brendan Jones

https://api.omny.fm/orgs/e14589b9-3ca7-47f2-b711-ac2a00ccc2a4/clips/1405da1c-9254-4dd6-9056-b1d2017cb653/transcript

Competition is fierce in the used car arena, so how can you ensure that your pre-owned inventory stands above the rest? Success starts with the quality of your leads. AutoTrader for Independence offers products that help drive high-quality leads for independent dealers like you. In this episode of the Used Car News Podcast, host Jeffrey Belant interviews Aaron Hancock, the director of product management for automotive at Lead Venture. They discuss various topics, including the impact of the CDK Global ransomware attack, the changing marketplace, the transition to digital, the importance of security training, and the role of artificial intelligence in the automotive industry.

Read this months issue here.

Chapters

00:00 Introduction
01:23 The Impact of the CDK Global Ransomware Attack
04:44 The Changing Marketplace and the Transition to Digital
08:00 Meeting Consumer Expectations for Online Car Buying
09:29 Adapting Processes and Communication Methods
12:51 The Role of DMS in the Automotive Industry
15:06 The Importance of Reputation Management
19:10 The Rapid Pace of Technology Changes and the Role of AI
21:34 Educating and Supporting Dealers in the Digital Transformation
24:18 New Products and Innovations in the Automotive Industry
27:36 Conclusion

Competition is fierce in the used car arena, so how can you ensure that your pre-owned inventory stands above the rest? Success starts with the quality of your leads. AutoTrader for Independence offers products that help drive high-quality leads for independent dealers like you. In this episode of the Used Car News Podcast, host Jeffrey Belant interviews Aaron Hancock, the director of product management for automotive at Lead Venture. They discuss various topics, including the impact of the CDK Global ransomware attack, the changing marketplace, the transition to digital, the importance of security training, and the role of artificial intelligence in the automotive industry.
<a href="https://issuu.com/usedcarnews/docs/ucn_071524?fr=sODQxZDYzMzMxNjk">Read this months issue here.</a>
Chapters
00:00 Introduction 01:23 The Impact of the CDK Global Ransomware Attack 04:44 The Changing Marketplace and the Transition to Digital 08:00 Meeting Consumer Expectations for Online Car Buying 09:29 Adapting Processes and Communication Methods 12:51 The Role of DMS in the Automotive Industry 15:06 The Importance of Reputation Management 19:10 The Rapid Pace of Technology Changes and the Role of AI 21:34 Educating and Supporting Dealers in the Digital Transformation 24:18 New Products and Innovations in the Automotive Industry 27:36 Conclusion

Understanding Vehicle Supply and Demand Trends: John Coles

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