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How To Avoid a $15k Loss On An EV Trade-in

One of the most pressing challenges dealerships face is properly evaluating the influx of battery electric vehicles (BEVs) and hybrids taken in on trade or purchased from auctions. Unlike an internal combustion engine-equipped vehicle, battery-powere
May 2, 2024

Dahl Automotive, Fred Beans Automotive Group, Holman, Zeigler Auto Group: Dealership Sales Roundup

Zeigler Opening Subaru Dealership in Indiana Zeigler Auto Group will be hosting a grand opening event for Zeigler Subaru of Schererville on May 6. Formerly known as Zeigler Subaru of Merrillville, the dealership will officially open its doorse at its
May 2, 2024

Conversions API, The Dealer’s Goldmine

Every decision made in your dealership revolves around money. Each day, questions like “What is the margin in that deal?”, “How should I allocate my coop funds?” and “What’s the cost of the part the porter just bro
May 1, 2024

April Auto Sales to Sustain Spring Volume Push: S&P Global Mobility

New light vehicle sales volume will hit 1.34 million units in April, according to the latest S&P Global Mobility report releases April 30. Despite what appears to be a downturn from March 2024 (down 7%) and from April of the previous year (down 2
May 1, 2024

Price Cuts Alone Won’t Solve EV Adoption Dilemma

In 2023, the electric vehicle (EV) industry experienced a significant milestone, with global sales surpassing 1.1 million units, marking the first time that annual sales exceeded the seven-figure threshold. This represented a surge of nearly 50% in E
Apr 30, 2024

Going Inside Electric Vehicles Growth on 2023

While dealers continue to worry about inventory issues, the domination of the electric vehicle market that Tesla has enjoyed in recent years is declining. According to Experian’s recently released Electric Vehicles 2023 Year in Review, the Elon Mu
Apr 30, 2024

How AI Transforms Car Dealerships

In a landscape where technology constantly evolves to meet changing consumer demands, Artificial Intelligence (AI) drives significant changes in dealership operations. From marketing to sales, AI is becoming an inseparable asset. This shift is highli
Apr 29, 2024

Washington Top State for Auto Loan Delinquency Increases

A recent Wallet Hub report identify the states where auto loan delinquency is increasing the most as the overall rate for the last three month of 2023 was 4.17 percent. According to WalletHub officials, the year-over-year overall comparison showed a
Apr 29, 2024

Court: Auto Dealerships Liable for Sales Tax When Employees Use Cars that are for Sale

A recent decision in Arkansas could cost auto dealerships who allow their employees to use vehicles that are up for sale on their lots. In a case brought against Trotter Ford by the Arkansas Department of Finance and Administration (ADFA), the state�
Apr 26, 2024