Tuesday, October 19, 2021
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inventory

How long will car dealers feel the effects of the...

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On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds‘ Executive Director of Industry Insights, to give us an update on automotive industry sales and inventory insights. Caldwell says it’s definitely been a challenge out there. Inventory is down 79% from what would be considered a “normal period” at this time of year. On aggregate, sales […]
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Mosley

Cory Mosley on the steps car dealers can take today...

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What does the industry look like five years from now beyond the shortages and high profits we’re experiencing now? On today’s show we’re pleased to welcome Cory Mosley, Founder of Mosley Strategy Group and award-winning business growth strategist and coach, to discuss trends, profitability, and his recommendations for dealers today. A lot of dealerships have […]
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September

New vehicle average price soars to more than $45,000 in...

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Auto industry professionals continue to wonder, just how high will new prices rise before hitting a ceiling? The answer to that question did not come in September. Kelley Blue Book is reporting that the average new car price rose for the sixth consecutive month, each one setting a record. September’s average broke past $45,000 for […]
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inventory

The importance of utilizing marketing as a communication tool during...

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Dealers have reported spending much less on marketing throughout the coronavirus pandemic due to great sales. Is this method sustainable or potentially damaging? This time last year we brought you experts to weigh in on marketing trends and they join us now to follow up on the discussion. We’ll also get into some changes you […]
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Smoke

Jonathan Smoke discusses Q3 auto sales and market outlook for the...

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We continue to hear news of record pricing across the industry, so on today’s show, we’re learning where things stand today. We’re pleased to...
NIADA

Celebrating the 75th Anniversary of NIADA with newly inducted Pres....

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The National Independent Automobile Dealers Association (NIADA) has a new President. During the Association’s 75th Annual Convention and Expo, Joe McCloskey, Owner of McCloskey Motors, was named President, succeeding Louis Tedeschi. On today’s show, we’re pleased to welcome Joe McCloskey to discuss NIADA’s agenda as we wrap up the year and head into 2022, and […]
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Jason Stein

Jason Stein talks about new role, trends in the auto...

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motormindz is expanding and recently added a familiar face! The automotive venture consultancy network named Jason Stein as President and Corporate Development Officer. Stein was previously a publisher of Automotive News and has now joined a team of 120 executive-level, subject matter experts. On today’s show, we’re pleased to welcome Jason Stein, President and Corporate […]
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wholesale

Wholesale prices expected to climb even higher after setting September...

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The Manheim Market Report for September 2021 showed that wholesale used vehicle prices have risen to an all-time high once again, and the increase isn’t expected to be at its peak yet. The Manheim Used Vehicle Value Index reached 204.8, up more than 27% from September last year. Leading the way for wholesale price increases […]
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marketing reports

How to shift marketing techniques during times of low vehicle...

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On the latest episode of Auto Marketing Now, host Brian Pasch talks about how your marketing can shift during times when inventory levels are low and why it’s uncertain when inventory levels will get back to normal. It doesn’t look like until the end of Q2 2022 that inventory levels will start to get more normalized. […]
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Roger Love

How should car dealers market their service department?

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On the latest episode of Straight to the Point, host Frank J. Lopes sits down with CEO of Fixed Ops Digital, Owen Moon. Lopes gets straight to the point and asks Moon, should dealers market their service department? The service department has been the financial backbone of nearly every automobile dealership in America. Yet, when it […]
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