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Wholesale Used Car Prices Have Declined 15.6% Since January 2022
Wholesale prices of used vehicles have now declined 15.6% year-to-date amid decreasing retail sales, according to Cox Automotive’s Manheim Used Vehicle Value Index. The index dropped to 199.4 in November 2022, representing a 14.2% year-over-year…
AI Providing Useful in Lead Generation Efforts
B2B marketing has become a successful commercial use case for AI, with ~85% of respondents to a recent Botco.ai study who conduct demand generation campaigns utilizing AI chatbots. The findings of this study credit AI…
83% of B2B Companies Conducting Demand Generation Campaigns Say Chatbots Have Increased Their Lead Volume By At Least 5%
B2B marketing teams are increasingly leveraging chatbots in their lead generation campaigns in order to improve lead capture, lead nurture, and pipeline acceleration. According to Botco.ai’s new study titled “The State of Chatbots in B2B…
Continued Reduction to Inflation Means Optimism for Auto Repair
The automotive repair industry continues to see a deceleration of price increases as the overall effects of inflation have lessened in the 2nd half of 2022. In November, the CPI-U hit a low for the…
U.S. Household Wealth Falls for Third Consecutive Quarter
A federal reserve report showed that U.S. household wealth fell by $400 billion in the third quarter as a drop in stock prices outpaced gains in real estate values. Household net worth declined to $143.3…
