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Dealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
Manheim Used Vehicle Value Index Falls 1.3%
Manheim Consulting’s monthly auto industry brief reported July 2011 wholesale used vehicle prices decreased when compared with June 2011’s numbers. The Manheim Used Vehicle Value Index is still up 5.9% (125.9) over July 2010 when it was 118.9
Aug 12, 2011
U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up 2 Percent Through July
Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 180,303 sales of Certified Pre-Owned vehicles through the month of July 2011, a two percent increase compared to sales through July of last year. For the month of July 2011, combined sal
Aug 12, 2011
Average Unique Visitors to Websites in July 2011: 2,849
According to a data from Dataium, the conversion rate of the average unique visitor to shopper was up 48% during the month of July 2011. This information is based on statistics for national automotive Internet behavior for June 2011. Below are
Aug 11, 2011
Lithia Motors Renews Agreement With The Warranty Group
CHICAGO – The Warranty Group, Inc., today announced that Lithia Motors has extended its agreement with the company to provide service contracts to its entire dealership network. Lithia is one of America’s largest automotive retailers, featuring 2
Aug 11, 2011
Nissan Uses Facebook For Customer Relations
According to a story from Autoblog.com, Nissan may start using the social networking site for more than just posting interesting content. The story said the automaker responds to all of the posts on its Facebook wall, positive and/or negative, from i
Aug 11, 2011
comScore Releases July 2011 U.S. Search Engine Rankings
RESTON, VA – comScore, Inc., a leader in measuring the digital world, released its monthly comScore qSearch analysis of the U.S. search marketplace. Google Sites led the explicit core search market in July with 65.1 percent of search queries cond
Aug 11, 2011
Marketing Efforts Turn Social
Dealers are using their ad dollars more and more for marketing on social media sites online than actually at their dealerships, according to a story from USAToday. The story said dealerships don’t have actual sales that they can contribute to their
Aug 11, 2011
YTD Profitability…How are you Doing?
Third quarter is almost over and only four months left to go in 2011 before we close the books. Hopefully sales are up over last year and growing. How is your profitability year to date? Are you meeting your profitability targets for 2011? If you are
Aug 10, 2011
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Dealer/GM NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales ManagementSales Strategies
Vehicle is New for Awhile, but It’s Used Forever
Isn’t it interesting in our industry how much time and effort we put into the new car side of our dealerships? All the work we put into selling the number of cars that is our market share responsibility each year. The training we do for our sal
Aug 10, 2011