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Dealer Ops & Leadership
Safeguarding Auto Dealers and Lenders: A Comprehensive Layered Approach to Combat Synthetic Identity Fraud
Fraud in the automotive industry is increasing at an alarming rate, making it one of the hot topics of discussion at the recent annual auto shows. While many fraud attempts are foiled before they happen, fraudsters continue to get more and more sop
Apr 19, 2024
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Dealer Ops & Leadership
Enhancing Customer Experience: Innovative Strategies for Auto Dealerships
Customer experience (CX) generally refers to the range of emotions and reactions a potential customer experiences throughout their interactions with a business. In a car dealership, it includes the ease and effectiveness of digital communications and
Apr 19, 2024
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Dealer Ops & Leadership
Lotlinx: Dealers Not Using Analytics to Make Inventory Management, Price-Setting Decisions
Auto dealers are going by their gut rather then using artificial intelligence (AI) tools to make key decisions for their business. At least that is the finding Lotlinx‘s online survey of more than 2,500 automotive dealer professionals during Ma
Apr 16, 2024
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Dealer Ops & Leadership
Where Dealers And Lenders See Opportunities In Adopting More Automation For Their Operations
Auto dealers and lenders recognize the need and importance advanced data technology has on their overall operations, as well as in the accuracy of managing transactions and portfolios. Since the pandemic, the integration of artificial intelligence (A
Apr 16, 2024
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Dealer Ops & Leadership
Revolutionizing Transportation: The Power of Electric Vehicles and Smart Charging
We are on the cusp of a transportation revolution. Electric vehicles (EVs) are gaining momentum and have the potential to dramatically reshape our world. As the Executive Director of Powering Chicago, I see firsthand how EVs are transforming cities l
Apr 10, 2024
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Dealer Ops & Leadership
“These Are A Few Of My Unfavorite Things”
(Sing with me here…) “Gossip and taxes and unpleasant divorces, Pulling of wisdom teeth, with chronic hoarseness, Lawyers and penalties which costs money and stings, These are a few of my unfavorite things.” Speaking of unpleasantries, here’s
Apr 9, 2024
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Dealer Ops & Leadership
Dealer Magazine: This is Why Customers Defect to Independent Garages…
Dealership customer-pay parts and labor sales average $46 billion annually. That is less than 20% of total parts and labor sales performed annually at all service centers. Therefore, over 80% of customers vote with their checkbook and spend their mon
Mar 29, 2024
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Dealer Ops & Leadership
Dealer Magazine: What’s Wrong With You?
Do you store your Tupperware lids actually sealed “on” the base container or are you one of “those people” who throw the lid in a pile somewhere near the container? Then, when you need to use the container, do you have to search through the g
Mar 27, 2024
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Dealer Ops & Leadership
Lexus Leads for Third Consecutive Year in Dealer Services
Lexus, Buick and Mini were the top of their category on the latest J.D. Power survey when it came to dealer service. Lexus ranks highest in satisfaction with dealer service among premium brands for a third consecutive year, with a score of 897 out o
Mar 20, 2024