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Auto Retail News

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Used Car Market Insights – Week of July 12, 2016

This week’s Black Book Market Insights report showed depreciation across the board for all car and truck segments, with particular emphasis on trucks and small crossover segments.
Jul 12, 2016
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Never Underestimate Value of First Impression

Savvy sales professionals appreciate and practice the art of creating a positive first impression, which can go a long way toward making that initial mark on a sales prospect.
Jul 12, 2016
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Acknowledging the Forgotten Department

In medieval times, when a severe punishment was handed out, the convicted party was often sentenced to time in the dungeon. One such prison was known as an “oubliette” which comes from
Jul 12, 2016
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High New-Vehicle Prices Drive Auto Finance Industry to New Highs in Q1

The industry smashed several records in the first quarter thanks to high new-vehicle prices, but stretching terms and leasing weren’t the only ways consumers sought payment relief.
Jul 12, 2016
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SEM Costs on the Rise: How to Adapt

I’m not saying I have a Master’s Degree in economics from Harvard, but I do understand the fundamental principles of supply and demand. The price of goods and services is a direct reflection
Jul 12, 2016
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Digital Auto Retailing: The Impact to F&I Office

It runs the gamut from startups offering consumers peer-to-peer or direct-to-consumer online car-buying, to companies like Cox Automotive and CDK Global helping facilitate digital retailing at dealerships.
Jul 12, 2016
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Gas Prices Keep Dealers Hunting for Trucks & SUVs

What Black Book representatives heard dealers say in the lanes going into the Fourth of July holiday reinforced the latest data editors uncovered.
Jul 12, 2016
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Study Shows VW Diesel Owners to Be Compensated ‘Handsomely’

Buyer intelligence firm Autolist.com released data just before the Fourth of July holiday that shows that the $14.7 billion settlement for some Volkswagen diesel vehicle owners
Jul 12, 2016
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Why Auto Dealers Must Embrace Digital Marketing

You may have heard it time and again, but if you aren’t using digital in your marketing plans, you are losing out. Simply put, traditional marketing no longer works like it used to for auto dealerships.
Jul 12, 2016