Auto industry recovering well amidst retail slump
Most industries have taken a devastating hit because of the coronavirus pandemic, with some recovering at a faster pace than others. The auto industry was greatly impacted according to a...
TSLA409.4795.3687%
GM74.4651.835%
F13.1350.075%
RIVN13.1300.2299%
CYD52.9202.5%
HMC25.7050.385%
TM188.2602.79%
CVNA64.3501%
PAG157.7151.255%
LAD262.3155.225%
AN180.6352.045%
GPI309.1103.64%
ABG180.3802.88%
SAH73.2750.405%
TSLA409.4795.3687%
GM74.4651.835%
F13.1350.075%
RIVN13.1300.2299%
CYD52.9202.5%
HMC25.7050.385%
TM188.2602.79%
CVNA64.3501%
PAG157.7151.255%
LAD262.3155.225%
AN180.6352.045%
GPI309.1103.64%
ABG180.3802.88%
SAH73.2750.405%
TSLA409.4795.3687%
GM74.4651.835%
F13.1350.075%
RIVN13.1300.2299%
CYD52.9202.5%
HMC25.7050.385%
TM188.2602.79%
CVNA64.3501%
PAG157.7151.255%
LAD262.3155.225%
AN180.6352.045%
GPI309.1103.64%
ABG180.3802.88%
SAH73.2750.405%
Headlines
The challenge is on for franchised dealers as Vroom, Carvana stock ratings upgraded
On Tuesday, Goldman Sachs upgraded online auto retailers Vroom Inc and Carvana Co from ‘Hold’ to ‘Buy’ status and raised the price targets for both companies. After a challenging past two quarters...
The Detroit Auto Show moves to the fall of 2021
In less than two weeks from the announcement of the LA Auto Show rescheduling for March, the Detroit Auto Show is pushing back its date once again. The North American...
The Weekly Automotive Market Minute for September 23, 2020
Welcome to the Weekly Automotive Market Minute with Bridget Fitzpatrick:
This week’s retail SAAR of new car sales came out to 13.41, a small 1.7% increase from 13.34 in 2019.
Inventory stock...
Breaking: legendary auto dealer Rick Case passes away at age 77
Rick Case, legendary automotive industry icon and founder of the Rick Case Automotive Group has died at the age of 77. Case passed away on Monday surrounded by his family...
ADAA president Tom Dart discusses current industry conditions for Alabama dealers
Hurricane Sally recently made landfall in Alabama, but despite this setback, the auto industry remains strong. Today we’re talking to Tom Dart, president of the Automobile Dealers Association of Alabama....
How F&I can play a part in increasing customer retention
“How do we keep ‘em coming back?”
It’s a very important question for anyone working at a dealership.
Customer retention is one of the most important priorities throughout dealership operations. Service, parts,...
Moving marketing to an increasingly online environment
Apple’s fall product launch for the new iPad and Apple Watch moved online in 2020, and Nike launched a line of activewear in September digitally. For far-reaching product launches, global...
MB dealer Gregory Baranco says ‘manufacturers need to step up’ their diversity efforts
While there are over 18,000 dealers in the country, only 265 dealerships are owned by African Americans. The lack of black representation and the growth of diversity in automotive has...
Leveraging sophisticated AI for your dealership’s video marketing strategy
There's nothing more powerful than TV when it comes to marketing, and dealers know this. However, it's also very expensive to do well. Executing television marketing efficiently and cost-effectively is...
