Archive for 'Automotive Industry' Category
Purchasing a new car is a big decision, especially considering the fact that vehicle prices rose by 6.3% in 2021. You should buy a vehicle that’s efficient, requires little maintenance, and offers good value for your money. Electric cars are the perfect option in this case. But if you’re new to these cars, there’s a lot […]
By 2025, car industry news reports that electric vehicles will make up about 10% of the total number of vehicles sold in the world. It’s due to well-known auto brands releasing electric versions of their popular vehicles that this is possible. The 2023 Jeep Wrangler 4xe is a great example of this new ethos in the car […]
Most retail companies have adopted e-commerce, and the auto industry should be no exception. Car dealerships have a chance to restructure their business processes and incorporate supporting technologies to enhance the customer experience for car buyers. Many leading dealerships, in fact, are taking major steps toward improving their customers’ retail experience.
Did you know that the Consumer Price Index rose 9.1% between June 2021 and June 2022? The last time America experienced a drastic increase in the Consumer Price Index was in 1981. Some of the categories where inflation hit the highest were energy, new vehicles, and transportation. If you have searched the car market in the past […]
Did you know that most semiconductor chips are made in China and Taiwan? Many of the manufacturers in these two countries were forced to shut down during COVID. The recent pandemic brought many issues in our economy to light. However, one of the biggest areas was the chip shortage for cars and other electronics.
