TSLA375.120-0.41%
GM78.580-0.37%
F14.1400.3%
RIVN14.8600.225%
CYD47.2231.243%
HMC26.1450.385%
TM166.550-1.21%
CVNA66.210-1.695%
PAG183.6900.25%
LAD296.130-9.17%
AN191.930-2.92%
GPI301.310-16.2%
ABG202.820-3.51%
SAH82.780-0.84%
TSLA375.120-0.41%
GM78.580-0.37%
F14.1400.3%
RIVN14.8600.225%
CYD47.2231.243%
HMC26.1450.385%
TM166.550-1.21%
CVNA66.210-1.695%
PAG183.6900.25%
LAD296.130-9.17%
AN191.930-2.92%
GPI301.310-16.2%
ABG202.820-3.51%
SAH82.780-0.84%
TSLA375.120-0.41%
GM78.580-0.37%
F14.1400.3%
RIVN14.8600.225%
CYD47.2231.243%
HMC26.1450.385%
TM166.550-1.21%
CVNA66.210-1.695%
PAG183.6900.25%
LAD296.130-9.17%
AN191.930-2.92%
GPI301.310-16.2%
ABG202.820-3.51%
SAH82.780-0.84%

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The automotive industry is more competitive than ever. Dealerships must adopt a digital marketing strategy to attract/retain repeat buyers.

Cutting-edge automotive marketing strategies to boost dealership profitability

- July 29, 2024
There’s just no denying the fact that the automotive industry is more competitive today than ever before.  To succeed, dealerships must adopt a digital marketing strategy that embraces the ever-evolving digital...

Ford and Stellantis lead J.D. Power survey, U.S. July sales forecast recovers, Mercedes-Benz lowers profitability target

- July 26, 2024
Top stories Ford and Stellantis top J.D. Power 2024 vehicle appeal survey. Read More U.S. July new vehicle sales forecast shows recovery post-software outage. Mercedes-Benz lowers profitability target amid tough Chinese market...
According to the National Automobile Dealers Association, service parts and sales revenue reached $142.62B, a 3.73% increase from last year.

Driving Dealership Profitability through the Service Drive: A Focus on Training

- July 25, 2024
The service drive has become a key profit center for dealerships in recent years.  In 2023, U.S. new-vehicle dealerships wrote 264.3 million repair orders, slightly down from 265.8 million in 2022,...
In the dynamic world of automotive sales, incentives, and rebates are making a significant comeback. Aaron Bickert joins us to elaborate.

Navigating incentives and consumer spending – Aaron Bickart | OfferLogix

- July 24, 2024
In the dynamic world of automotive sales, incentives, and rebates are making a significant comeback. But what does this mean for consumer spending and dealership strategies? On today's episode of...
In 2024, leaders in the retail automotive industry are navigating a complex landscape filled with unprecedented challenges.

Overcoming challenges facing dealerships and innovative solutions

- July 24, 2024
In 2024, leaders in the retail automotive industry are navigating a complex landscape filled with unprecedented challenges. Dealerships must address critical issues such as supply chain disruptions, evolving customer expectations...
As the prices of used battery electric vehicles (BEV) decline, new car dealers have the opportunity to adapt to this changing market.

Adapting to declining used BEV prices

- July 23, 2024
As the prices of used battery electric vehicles (BEVs) decline, new car dealers have the opportunity to adapt to this changing market landscape. With the correct strategy, you can attract...
The Certified Pre-Owned (CPO) sector is feeling the squeeze as the market faces a significant shortfall in off-lease vehicles.

How to Manage the Off-Lease Vehicle Shortfall

- July 18, 2024
The Certified Pre-Owned (CPO) sector is feeling the squeeze as the market faces a significant shortfall in off-lease vehicles. This shortage requires that dealerships get creative with their inventory acquisition...
The agency model, if adopted, this model will significantly depart from the traditional dealership model we’ve known for decades. 

The future of the agency model in automotive sales: Planning for what’s ahead

- July 15, 2024
Henry Ford introduced the franchise dealer model in 1914, and it’s been a stable and secure part of our industry. However, recently, a buzzword gaining traction is “the agency model.” If adopted, this model...
Together, they unveil the "Complete Profit Picture," sharing actionable insights gleaned from over 25,000 dealer partnerships.

Unveiling the ‘Complete Profit Picture’: Insights from industry powerhouses

- July 8, 2024
As dealers grapple with challenges like inaccurate appraisals, mispriced vehicles, and underperforming digital marketing, Cox Automotive stands out as a beacon of expertise in maximizing ROI regardless of market conditions....
Whether in the market for a new car or managing a dealership, understanding the ins and outs of smart shopping can make all the difference. Here, we'll take a look at some strategies that support buyers in making informed decisions, as well as how dealers can implement seamless processes to enhance the shopping experience. 

Smart shopping: A guide for buyers and dealers alike

- July 2, 2024
Whether in the market for a new car or managing a dealership, understanding the ins and outs of smart shopping can make all the difference. Here, we'll take a look...