Auto Retail News
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Dealer/GM News
Auto Brand Retention Grew in 2023: Reynolds and Reynolds
Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles th
Feb 1, 2024
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Dealer/GM News
January U.S Sales Expected to Show Gains as Cox Predicts a Return to Normal in 2024
Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year retur
Jan 31, 2024
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Digital Dealer
Omne Trium Perfectum
And today, a message in Latin about “threes.” Omne trium perfectum conveys “everything that comes in threes is perfect.” In other words, pay attention when things come in threes. As humans, we recognize things and process information
Jan 30, 2024
They Changed My Pay Plan…Again
In the car business our turnover is out of control. There are many reasons but the one I want to address here is compensation of sales professionals. I am going to discuss the problem and offer some thought-starters as to possible solutions. One of t
Jan 29, 2024
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Dealer/GM News
Call from EV Voice of the Customer to Slow Mandates Continues to Grow
As car dealers gather this week for the annual National Auto Dealer Association (NADA) meeting in Las Vegas, the EV Voice of the Customer is again urging President Joe Biden to slow down federal electric vehicle (EV) mandates. EV Voice of the Custome
Jan 29, 2024
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Digital Dealer
Dealer Magazine: Interview with Ryan Sodikoff of Steven Toyota
Dealer Magazine had the privilege of talking with Ryan Sodikoff, the General Manager and President of Steven Toyota in Harrisonburg, Virginia. The Sodikoff’s have been in the car business for three generations. They have a total of seven location
Jan 26, 2024
How 5G Can Impact Automotive Dealership and the Factors to be Considered While Being Implemented
There are various ways 5G technology has the potential to revolutionize automotive dealerships by enhancing connectivity, enabling new services, improving customer experiences, and optimizing various operational aspects of the business. Some ways in
Jan 25, 2024
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Digital Dealer
Dealer Magazine: From Tenure to Teamwork: Combatting Entitlement for Dealership Excellence
In the fast-paced and competitive world of the car business, the subtle but powerful threat of entitlement can stealthily undermine the success of your business. While often overlooked, this insidious virus can erode teamwork, hinder performance, and
Jan 24, 2024
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Sales & Variable Ops
New NXP Radar Features Connect Software-Defined Vehicles
This story first appeared in RFIDJournal.com NXP has released a new version of its radar automotive products at the 2024 CES, aiming to enable a new generation of software-defined vehicles that can receive updated features as they come available as w
Jan 23, 2024