Dealer Magazine: My Last Article: Reflections on a 42 Year Automotive Career!

Editor’s Note: This article was originally published in the September/October edition of Dealer magazine I’m retiring at the end of the year, so this will be my last Dealer article. I’ve only had one job with one company since June 1982 when I
Nov 26, 2024

Navigating the Inventory Landscape: Why Dealers Are Taking A New Look At Technology-Driven Acquisition Strategies

The automotive retail landscape has undergone significant change in recent years, with dealerships facing new challenges with their inventory acquisition strategies. The traditional methods of sourcing vehicles through trade-ins and wholesale auction
Nov 22, 2024

Strangle Hackers with Three-Point Wi-Fi Protection

Sometimes it’s not the Star Wars cybersecurity failure that plague dealerships. One of the most prevalent of this is the ubiquitous Wi-Fi network not being configured properly, setting up hackers to exploit. If there is one cybersecurity measure th
Nov 18, 2024

From Comfortably Numb to Unstoppable: Driving Engagement

In today’s competitive dealership landscape, employee turnover remains a significant challenge. Research from the Work Institute shows that 34 percent of employees leave their jobs due to a lack of career development opportunities, and disengaged e
Nov 4, 2024

Optimizing Dealership Service Departments for Maximum Profitability

The service department plays a supportive role in sustaining dealership profitability alongside sales and other services. According to the National Automobile Dealers Association (NADA), dealership service and parts sales amounted to an impressive $1
Oct 31, 2024

Goldilocks and the Three Dealerships – Integrating AI

Innovations in technology can be both exciting and intimidating as new breakthroughs gradually develop throughout society. Mobile phones are one of the most important innovations of the 21st century, enhancing communication while eventually evolving
Oct 29, 2024

9 Automotive Retail Trends to Watch for the Rest of 2024

As we inch closer to the end of 2024, auto dealers are seeing several shifts and developments that will shape their vehicle inventory levels and marketing strategies through the remainder of the year. With inventory levels rising and more car buyers
Oct 25, 2024

Are Auto Lenders Prepared for A Potential Rise in Auto Loan Refinancing?

As we approach 2025, auto lenders are keeping a close eye on the reduction of interest rates. With economic forecasts indicating additional rate reductions following the Fed’s recent decision to begin lowering, the auto finance industry is preparin
Oct 24, 2024

How Digitization Can Revolutionize Car Dealerships

In today’s fast-paced automotive industry, car dealerships are under immense pressure to streamline operations, deliver exceptional customer experiences and stay ahead of the competition. The adoption of digital solutions offers a powerful way
Oct 23, 2024