Auto Retail News
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Digital Dealer
Dealer Magazine Preview: Interview with NADA Chairman Gary Gilchrist
We had the privilege of talking with Gary Gilchrist, the 2024 chairman for the National Automotive Dealers Association (NADA) for the upcoming edition of Dealer magazine. Gilchrist is president of Gilchrist Chevrolet Buick GMC, Inc. in Tacoma, WA, a
Mar 19, 2024
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Dealer/GM News
Fisker Pauses EV Production for Six Weeks
In the latest sign of slowing electric vehicle market, Fisker announced on March 18 that it pause production for six weeks as looks to raise more money to stay in business. In a press statement, the company wrote that the pause on the assembly line
Mar 18, 2024
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Dealer Ops & Leadership
Dealer Service Satisfaction Improves Despite Longer Waits: J.D. Power
While customer satisfaction with the dealer service experience has rebounded, there are still significant issues being faced when a consumer brings his car to be worked on. According to the J.D. Power 2024 U.S. Customer Service Index (CSI) Study rele
Mar 18, 2024
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Dealer/GM News
Spotlight on…..Traver Connect
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Bob Gower reflects on his four d
Mar 15, 2024
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Dealer/GM News
Profitability Issues Continue to Weigh on Auto Dealers: Cox Survey
While improving, a national survey found the current market sentiment for auto dealers is still considered weak among this cohort. The Cox Automotive Dealer Sentiment Index (CADSI) for the first three months of 2024 increased two percentage points to
Mar 14, 2024
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Dealer/GM News
Group 1, Fisker, Nucar, Ken Ganley, Johnson Automotive Dealership Group, The Smith Group: Dealership Sales Roundup
Group 1 Expands in South Carolina Group 1 Automotive announced the acquisition of Modern Classic Motors in Hilton Head, SC on March 13. The acquisition includes three franchises: Mercedes-Benz, Sprinter and Honda in Beaufort County. The acquisition
Mar 14, 2024
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Sales & Marketing
The Ultimate Guide to Content Marketing for Auto Dealers
Content marketing is a strategic marketing approach focused on offering content that is so valuable and helpful to consumers and directly contributes to brands’ ability to build trust and authority. This, in turn, makes consumers more inclined
Mar 13, 2024
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Dealer/GM News
February New Car Prices Down over 2% from Last Year: KBB
The price of a new car continued its decline over the past year in February. An analysis by Kelley Blue Book released March 11 found new-vehicle transaction prices (ATP) was down less than one-tenth of 1% from the revised January figures. The average
Mar 13, 2024
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Sales & Variable Ops
How Auto Lenders Can Have Success Digitizing Their Securitized Collateral Assets
In the ever-evolving landscape of financial markets, the auto securitization sector stands at the intersection of technological innovation and traditional finance. One of the pivotal advancements shaping this industry is the integration of digital co
Mar 12, 2024