Maximizing Used Car Gross Profits In A Market Where Every $1 Counts
The used car market is more complex than it has ever been. With new vehicle inventory levels steadily declining and consumers growing more wary of high auto payments and public...
TSLA412.5328.4216%
GM74.9102.28%
F13.2290.169%
RIVN13.3350.435%
CYD52.9612.541%
HMC25.7100.39%
TM188.8553.385%
CVNA65.5702.22%
PAG157.7001.24%
LAD262.8255.735%
AN181.8803.29%
GPI312.8107.34%
ABG181.3753.875%
SAH73.8100.94%
TSLA412.5328.4216%
GM74.9102.28%
F13.2290.169%
RIVN13.3350.435%
CYD52.9612.541%
HMC25.7100.39%
TM188.8553.385%
CVNA65.5702.22%
PAG157.7001.24%
LAD262.8255.735%
AN181.8803.29%
GPI312.8107.34%
ABG181.3753.875%
SAH73.8100.94%
TSLA412.5328.4216%
GM74.9102.28%
F13.2290.169%
RIVN13.3350.435%
CYD52.9612.541%
HMC25.7100.39%
TM188.8553.385%
CVNA65.5702.22%
PAG157.7001.24%
LAD262.8255.735%
AN181.8803.29%
GPI312.8107.34%
ABG181.3753.875%
SAH73.8100.94%
Headlines
The Next Rapid Recon Introduces Less Scrolling, Fewer Clicks For Performing Recon Tasks More Quickly and Conveniently
PALO ALTO, CA, October 23, 2020 – The Next Rapid Recon, the efficiency standard in reconditioning time-to-line workflow software, announced today several efficiency and usability advances enhancing the user experience.
This...
4 innovative ways Policaro Group is combating COVID-19 constraints
Many dealers feared the worst when government-mandated shutdowns went into effect back in April due to COVID-19. However, dealers have had a tremendous amount of success in digital retailing. Today,...
An F&I early touch is the most profitable transaction
The F&I department is under constant pressure to increase profitability while enhancing the buying experience for the customer. The dealer wants increases in PVR and F&I product counts to fuel...
The Weekly Automotive Market Minute for October 28, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick:
The retail SAAR of new car sales came out to 12.13 this week, almost identical with last year’s number with only...
How to build a service department that customers love
Customer retention continues to be a problem for auto dealerships. Less than 1 in 3 service visits are at dealerships once a vehicle reaches three years of age. Coincidentally, that’s...
Five takeaways from used-car consignment company CarLotz public merger
Even in light of the COVID-19 pandemic, business is still brewing for companies in the automotive industry. On October 22, 2020, used-car consignment company CarLotz went public in a merger...
Today’s best digital marketing strategies and practices for car dealers
In this competitive landscape, how do you get consumers to come to you? That’s the million-dollar question. Since the start of the COVID-19 pandemic, digital marketing efforts have made a...
2 approaches managers should take to keep their teams on track – Frank Lopes
Today we’re pleased to welcome back Frank Lopes, vice president of the Forrest & Blake digital advertising agency. While the majority of automotive dealers have fared well during the Coronavirus...
Policaro Group on the use of innovation and technology in automotive retail
In Southern Ontario, COVID-19 affects customer sentiment just like the rest of the world. Google reports that 59% of car shoppers would complete their purchase online if the option existed....
