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Archive for category: Automotive Data

Elevate Your Automotive Business with Cross-Sell's Market Data Insights


In the competitive automotive industry, having access to precise and actionable market data is crucial for dealerships, media companies, and auto lenders. Cross-Sell, a leader in vehicle data reporting, offers comprehensive insights through their platform, Cross-Sell Interactive®. Here’s how you can benefit from their services:

Comprehensive Market Insights

Customized Reports: Tailor your data reports to specific needs with the DIY report generator. Whether it’s electric vehicle sales or top-performing zip codes, you have the tools to create the most relevant reports for your business.

Snapshot View: Quickly visualize your local market with the Snapshot feature. Understand the competitive landscape with details on top dealerships, best-selling makes and models, and high-performing areas.

Advanced Mapping and Analysis

Heat Mapping Tools: Identify and analyze the hottest selling areas in your market. The heat mapping feature allows you to drill down into competitive zip codes, helping you pinpoint growth opportunities.

Custom Mapping: Build custom market areas for a more targeted analysis. This feature gives you an aerial view of top-selling regions tailored to your specific business needs.

Growing Database and Industry Coverage

Cross-Sell’s database covers 35 states and includes data from major markets, continuously expanding to provide more comprehensive coverage. This includes data on new players in the market, such as Lucid and Rivian, enhancing your competitive edge with the latest market trends.

Dealer Scorecards and Market Analysis

Dealer Scorecard: Monitor your market ranking and track year-over-year performance. This tool helps you stay ahead by providing insights into your top competitors.

Market Analysis: Stay on top of short-term trends and market movements with in-depth analysis tools. Click through data points for detailed insights that can drive strategic decisions.

Flexible Data Packages

Cross-Sell offers several data packages to meet various business needs, from starter plans with basic data features to premium packages with advanced market analysis and reporting tools. Custom report packages are also available to ensure you get the exact data you need.

Get Started with Cross-Sell

Unlock the potential of your automotive business with detailed, actionable market data. Visit https://www.cross-sell.com/pricing to explore our data and reporting options and request a custom quote tailored to your business needs.

Stay ahead in the competitive automotive market with the precise data insights provided by Cross-Sell Interactive®. Whether you are looking to understand local trends, identify new opportunities, or gain a competitive edge, Cross-Sell has the tools you need to succeed.

Top 100 Used Car Dealerships of 2023

Although used-car sales were down slightly in 2023 (35.9 million) from 2022 (36.2 million), the year ended with used-car sales surpassing the initial forecast. Looking into 2024, predictions are set for around 36.2 million overall used-car sales, which is an increase in sales from 2023, despite lingering supply challenges. 

Are High EV Costs Driving Buyers to Hybrids?

The automotive industry has been abuzz with discussions regarding whether the steep prices of electric vehicles (EV) are steering car buyers towards hybrid vehicles. According to researcher GlobalData, US sales of hybrids have more than doubled since 2020 and are projected to experience a 35% surge this year. Jeff Schuster, GlobalData's executive vice president for automotive, emphasizes " The auto industry doesn’t function in a mode where you just flip a switch and everything’s different." He believes that hybrids serve as a means for the mass market to gradually transition into electric vehicles.

In a bid to attract more customers, Ford is ramping up production of its three-year-old F-150 hybrid while simultaneously slashing its price by $1,900. This move brings the hybrid model in line with its full-gasoline counterpart and makes it nearly 10% more affordable than the all-electric version introduced last year. With ambitious plans to quadruple hybrid sales over the next five years and incorporate the technology across its entire lineup, Ford is demonstrating its commitment to meeting customer demands. 

Three Ways Vehicle Sales Data Can Boost Used Car Profits

 

The Changing Landscape of Used Cars and Electric Vehicles in 2023

As we dive into the second half of 2023, let's take a look at how vehicle sales and trends shaped up in the first half. Consumer preferences in the automotive industry have undergone a significant transformation towards used vehicles and electric vehicles (EVs). Factors such as economic uncertainties, technological advancements, and growing environmental concerns have all contributed to reshaping the overall landscape of the automotive market.

Market Percentage of Top Electric Vehicle Brands in 2023

As we approach mid-year 2023, the growth of electric vehicles (EVs) continues to be a hot topic in the automotive industry. Prices of EVs are beginning to decrease, becoming more in line with the cost of traditional gas-powered vehicles. As technology continues to improve and production costs decrease, we can expect to see more affordable EVs in the future. This is already taking shape as we see many OEMs increasing their EV market share since January. 

Top 100 Used Car Dealerships of 2022

In general, the used car industry has been experiencing a period of growth and change over the past several years. Some of the key trends that have taken place recently in the industry include shortage of inventory, rising prices, and growth of electric vehicles. Even with these obstacles, used vehicle sales have continued to thrive.

What You Need to Know About the California EV Rebate

Electric vehicles continue to emerge as the way of the future. Learn how California incentivizes residents to purchase electric cars through the California Clean Vehicle Rebate Project.

Auto Data is More Than Just Sales Trends

Demand for cars is on the upswing after the latest pandemic wave has subsided. With the economy kicking into gear again, buyers are excited to make purchases, which signals a shift toward a more optimistic outlook than in the last two years. At the same time, gas prices have skyrocketed due to geopolitical events, and that will hurt consumers and hamper potential buyers. Yet, electric vehicles are gaining popularity and remain a staple of the industry. Some trends like gas prices ebb and flow, but there are permanent shifts in the automotive industry that aren’t going away — and car dealers need to plan accordingly to keep up with them.