How dealers can improve their BDC processes
With many dealerships bringing back furloughed sales and fixed ops employees, it's a good time to remind ourselves that fixed operations are important to any dealership. And if you're leading...
TSLA391.7502.85%
GM80.2402.19%
F12.7350.295%
RIVN17.1600.27%
CYD41.915-0.405%
HMC24.9400.5801%
TM215.7902.93%
CVNA376.11113.87099%
PAG159.0853.065%
LAD282.6007.73001%
AN203.3405.05%
GPI342.2456.73%
ABG210.2806.19%
SAH69.9902.62%
TSLA391.7502.85%
GM80.2402.19%
F12.7350.295%
RIVN17.1600.27%
CYD41.915-0.405%
HMC24.9400.5801%
TM215.7902.93%
CVNA376.11113.87099%
PAG159.0853.065%
LAD282.6007.73001%
AN203.3405.05%
GPI342.2456.73%
ABG210.2806.19%
SAH69.9902.62%
TSLA391.7502.85%
GM80.2402.19%
F12.7350.295%
RIVN17.1600.27%
CYD41.915-0.405%
HMC24.9400.5801%
TM215.7902.93%
CVNA376.11113.87099%
PAG159.0853.065%
LAD282.6007.73001%
AN203.3405.05%
GPI342.2456.73%
ABG210.2806.19%
SAH69.9902.62%
sales
Can the auto industry maintain its torrid recovery pace?
After a devastating first half of 2020, the automotive industry sustains its strong recovery, outpacing retail recovery figures in other industries. CNN reports that the American economy is operating at...
Polestar ‘Space’ opens in UK. Is this where auto retail is headed?
Westfield London is home to a new Polestar retail location for consumers to explore their vehicles. Opened on Oct 29, 2020, Polestar is attempting to change the car shopping experience...
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....
Conflicting views on US auto recovery as unemployment up, sales up
The Associated Press posted Thursday that the number of unemployment benefit applicants rose by 898,000 last week. That’s the highest number reported in the past two months, and it’s a...
Electric trucks expected to dominate in next decade
New market research now predicts that the electric truck market will experience exponential growth by the year 2030. P&S Intelligence forecasts that the U.S. electric truck industry will boom on...
Edmunds forecasts a ‘roaring comeback’ for auto sales in third quarter
Retail auto sales will be a turning point for the industry in the third quarter, according to a press release from Edmunds.com. As Q3 2020 draws to a close, the...
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...
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...
Modifying your dealership’s sales approach through COVID-19
Over the last six months, David Lewis has talked with hundreds of dealership personnel. The majority seem to be in agreement that the changes currently being made to the sales...
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