RPM’s Post

While the auto industry is being buffeted by more forces than any time since cars were invented, it is ultimately the consumer that decides which car to buy and how to manage it. After a turbulent four years, consumers are no longer moving as fast as the hype is. While open to new propositions, they increasingly know what they want – and what they don’t. Our fourth annual Speedometer report outlines our findings and insights into the key trends and implications for the future, crucially highlighting what this means for manufacturers, dealers, OEMs, and finance providers.   Read our full report here: https://lnkd.in/ebXAhzNC. To find out more about our expertise in the automotive sector, contact Felicity Latcham, Nicholas Farhi, Mark Jannaway, or auto@occstrategy.com. #Automotive #Auto #UncommonSense

#NewArticle: "Top 20 Most Sought-After Auto Parts in 2024" READ NOW: https://lnkd.in/drnFfe9m The automotive industry is continuously experiencing changes driven by technological advancements, sustainability initiatives, and shifting consumer preferences. This transformation is reflected in the demand for specific auto parts, which cater to the evolving needs of modern vehicles. Let's take a look at the top 20 most sought-after, perhaps most widely used, auto parts of 2024, exploring their significance and the leading brands in each category.

Check out our article on the first and most crucial step to profitable used cars! Discover how improving your reconditioning process can reduce cycle times, boost efficiency, and increase profitability. Rapid Recon's proven approach helps dealerships get vehicles frontline-ready faster, so you can sell more cars and maximize returns. 👉 Read the full article here: https://lnkd.in/gut4eMyH . . . #rapidrecon #cardealership #cardealer #usedcarsales #autodealership #carsales #autosalesgoals #dealershipmanagement #vehiclereconditioning #automotive #salesmanagement #usedcarreconditioning #automotiveindustryexperts #carexperts #reducetimetoline #frontlineready #increasinginventoryturns #cloudbasedsoftware #reduceholdingcosts #discoverhiddengrowth #UsedCarProfitability #DealershipSuccess

🚗 𝗨.𝗦. 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗔𝗳𝘁𝗲𝗿𝗺𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸: 𝗕𝗿𝗶𝗴𝗵𝘁 𝗣𝗿𝗼𝘀𝗽𝗲𝗰𝘁𝘀 𝗶𝗻 2024 🇺🇸 As vehicle lifespans increase, the U.S. automotive aftermarket is set for substantial growth, driven by the need for maintenance, repair, and customization. Key Highlights: 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗩𝗲𝗵𝗶𝗰𝗹𝗲 𝗔𝗴𝗲 𝗮𝘁 𝗥𝗲𝗰𝗼𝗿𝗱 𝗛𝗶𝗴𝗵 ⏳: The average age of vehicles on U.S. roads hit 12.6 years in 2024, with 110 million vehicles between 6-14 years old requiring aftermarket services. This growing base creates significant opportunities for the maintenance and repair sector. 𝗥𝗶𝘀𝗶𝗻𝗴 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝗶𝗻 𝗩𝗲𝗵𝗶𝗰𝗹𝗲𝘀 ⚡: With electric vehicle (EV) registrations surpassing 1 million in 2023 (up 52% year-over-year), the aftermarket is evolving to accommodate a diverse range of powertrains. Repair shops are increasingly investing in new technologies and training to service complex EV systems. 𝗧𝗮𝗿𝗴𝗲𝘁𝗲𝗱 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗡𝗲𝗲𝗱𝗲𝗱 🎯: As the market diversifies, targeting specific vehicle types based on age and drivetrain is crucial. Customized marketing and service offerings, such as battery maintenance for EVs and efficiency tips for gasoline vehicles, are key to tapping into this expanding market. The U.S. automotive aftermarket is primed for growth, with increased vehicle longevity and diverse consumer needs driving demand for specialized services and sustainable solutions. — 𝗦𝗼𝘂𝗿𝗰𝗲: 𝗞𝗢𝗧𝗥𝗔, 𝗦&𝗣 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆, 𝗔𝗔𝗣𝗘𝗫 2024

🌟 Exciting News in the Automotive Industry! 🌟 🚗 Have you heard about the latest breakthrough in automotive technology? Companies are now introducing self-healing tires that can automatically repair punctures while you drive, ensuring a smoother and safer journey for all drivers. 🔧 This innovation not only eliminates the hassle of frequent tire changes and repairs but also enhances the overall driving experience by minimizing the risk of unexpected breakdowns due to tire damage. 🛣️ As we look towards the future of transportation, self-healing tires are reshaping the way we approach vehicle maintenance and safety, paving the way for a more efficient and sustainable driving ecosystem. 🔍 Imagine a world where flat tires are a thing of the past, and drivers can glide down the road with peace of mind knowing that their tires are equipped to handle unexpected obstacles with ease. 🌱 With advancements like self-healing tires, the automotive industry is driving towards a future where technology not only improves convenience for everyday drivers but also sets new standards for safety and innovation on the road. Get ready to experience a smoother ride ahead with self-healing tires - a game-changer in the automotive world! 🚀🔩 #AutomotiveInnovation #SelfHealingTires #FutureOfTransportation

MY2025 challenges will impact pick-ups and vans. These are the key points by vehicle segment to know and how to manage your road ahead. #fleetmanagers #fleet #fleetmanagement #afla #nafa #mikealbert

🚗🌟 Exciting News in the Automotive World! 🌟🚗 🔹 Have you heard about the latest breakthrough in the automotive industry? Engineers have developed self-healing tires that automatically repair punctures while you drive, making flat tires a thing of the past! This innovation not only saves you time and money but also increases safety on the roads for all drivers. 🔹 Imagine never having to worry about pulling over to change a tire in the middle of a busy highway or being stranded on a deserted road at night. Self-healing tires are a game-changer that will revolutionize the driving experience for everyone, providing peace of mind and convenience like never before. 🔹 This groundbreaking technology not only benefits everyday drivers but also sets the stage for the future of transportation. With self-healing tires, we are moving closer to a world where vehicles are not only more efficient and sustainable but also safer and more reliable than ever before. Join the revolution and stay tuned for more exciting innovations that will shape the future of the automotive industry! 🚀🛣️ #AutomotiveInnovation #FutureOfTransportation #SelfHealingTires

Is now the time to buy a used vehicle? 🚗 Here’s the good news: The average used-vehicle retail price is down from its peak in 2022. The not-so-good news: Used-vehicle inventory is down, which will keep prices strong, so finding a great deal may take some extra research. #UsedVehicles #UsedCars #Automotive #AutoIndustry #AutomotiveIndustry

🚗🌟 Exciting News in the Automotive World! 🌟🚗 🔥 Have you heard about the new innovation revolutionizing the automotive industry? Get ready for self-healing tires, a game-changer for everyday drivers! No more worrying about tire punctures or maintenance - these tires automatically repair themselves, ensuring a smooth and safe ride every time. 🌐 Imagine a future where the stress of flat tires is a thing of the past. With self-healing tires, drivers can enjoy a hassle-free journey, saving time and money on frequent replacements and repairs. This innovation not only enhances the driving experience but also paves the way for a more sustainable and efficient future of transportation. 🌈 The impact of self-healing tires goes beyond convenience - it transforms the way we think about vehicle maintenance and safety. As we embrace this cutting-edge technology, we move closer to a world where driving is not only more comfortable but also environmentally friendly. Get ready to roll into the future of transportation with self-healing tires! 🚀 #Innovation #AutomotiveIndustry #FutureOfTransportation