Auto Retail News
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Dealer Ops & Leadership
Empowering Sales Teams in Car Dealerships with Training and Technology
The sales team is the cornerstone of a dealership’s success, driving revenue and shaping customer experiences. According to a study by NCM Associates and the Pareto Principle, 20 percent of sales reps generate 80 percent of sales, underscoring
Jun 19, 2024
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Sales & Variable Ops
Recap of EV, Pre-Owned Car Market for May
Following in the steps of the new-vehicle market, electric vehicle (EV) and pre-owned cars saw increased sales for the month of May. The average transaction price (ATP) paid for an electric vehicle in May was $56,648, which is 2.6 percent higher than
Jun 19, 2024
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Dealer Ops & Leadership
Peopleware is an Often-Neglected Aspect of Dealership Cybercrime Prevention
As helpful and convenient as software-based cybercrime prevention is for a car dealership, it is not sufficiently comprehensive that you should feel comfortably protected by it alone. A dealer’s compliance needs are best served when software an
Jun 18, 2024
The Ultimate AI Hackathon at #DDCE2024
As we start to gear up for the 2024 Digital Dealer Conference & Expo, one of the most anticipated sessions is an interactive workshop centered around artificial intelligence (AI). Get ready to ignite your creativity and flex your strategic muscle
Jun 18, 2024
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Dealer/GM News
Ford Ends EV Dealership Program
Ford is revising its electric vehicle (EV) dealership program that asked store owners to invest upward of $1 million to sell the vehicle. The “EV-certified” program was announced in September 2022 amid high demand for the vehicles, low supplies
Jun 18, 2024
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Dealer Ops & Leadership
Unlock Efficiency: Streamline Your Document Management Process
Dealerships create thousands of documents every day, from deal jackets and repair orders to parts tickets and accounts payable paperwork– it’s an endless stream. Managing these documents is cumbersome and time-consuming, as dealers know very
Jun 17, 2024
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Dealer/GM News
New-Vehicle Inventory Dropped to Start June
Four days. That is the amount of time that new-vehicle inventory declined, sitting at 74 days when the month of June started according to an analysis of Cox Automotive’s vAuto Live Market View data. Spurred by Memorial Day Sales, the reduction
Jun 17, 2024
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Dealer Ops & Leadership
Used EVs Require CPO Process
While some identify the increasing number of used electric vehicles (EVs) as a problem for the industry, others view it as an opportunity. It could be regarded as both, and the result will depend entirely on how auto manufacturers and retailers respo
Jun 14, 2024
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Sales & Marketing
May New-Vehicle Sales Price Continue to Trend Lower, Down Nearly 1%: Kelley Blue Book
New-vehicle prices continued an eight-month streak of being lower than the month before, aided by high incentives. According to estimates by Kelley Blue Book, the average transaction price (ATP) in May for a new vehicle in the U.S. was $48,389, stati
Jun 14, 2024