Dealer OPS & Leadership
Own the Tire – Own the Customer
Own the Tire – Own the Customer, from Dealer Marketing Magazine. The key to the ever elusive customer retention has been rolling in your service drive all along…literally! For years car dealers have viewed selling tires as a low margin pain in the neck. This is...
Low Gas Prices Help Auto Sales Heat Up 2014
Low Gas Prices Help Auto Sales Heat Up 2014, from MediaPost. Gasoline prices are incredibly low. I was upstate last week and had to do a double take: It was close to $2 a gallon. December's strong sales numbers certainly reflect that fact, as the month was driven by...
Supply of Used & CPO Cars — How It Relates to Incentives
Supply of Used & CPO Cars — How It Relates to Incentives, from Auto Remarketing. In discussing potential automaker incentive spending amid forecasted slower new-car sales growth in 2015, AutoTrader.com senior analyst Michelle Krebs — who said this year will be a “true...
Used Car Deals
Used Car Deals, from U.S. News. Best Used Car Financing Deals Used car sales with low interest rate financing on certified pre-owned (CPO) vehicles are available from several auto brands this January. Some used car deals also include a payment credit. Used car prices...
Hertz raises U.S. prices as fleet costs increase
Hertz raises U.S. prices as fleet costs increase, from Automotive News. Hertz Global Holdings Inc. raised prices for rental cars to be picked up Jan. 1 or later. The stock had its biggest gain of the year, and Avis shares soared, too. Investors, cheered by the...
10 Models with Largest Auction Price Gains
10 Models with Largest Auction Price Gains, from Auto Remarketing. Recapping a month where auction values jumped 0.9 percent year-over-year, Kelley Blue Book has shared the 10 individual models whose prices climbed the highest in the lanes during December. In its...
Survey: Americans Want Used Car and Truck Lease Options
Swapalease.com: Lower Monthly Payments; Women Want Hybrids & Men Want Luxury CINCINNATI, OHIO (January 8, 2015) – Swapalease.com, the nation’s largest car lease marketplace, unveiled results of its latest survey showing that 82% of drivers across the U.S. would...
Manheim: Year-End Used-Car Values Stay Strong
Manheim: Year-End Used-Car Values Stay Strong, from F&I Magazine. Wholesale used-vehicle values increased in the fourth quarter by nearly 2% to finish the year slightly higher than last year, as consumer demand for used car and trucks remained strong, according to the...
Are You Loyal or a Defector? An Overview of Consumer Vehicle Replacement Preferences
Are You Loyal or a Defector? An Overview of Consumer Vehicle Replacement Preferences, from Experian. Just how loyal are consumers to a particular make or model of vehicle? A new Experian Automotive study answers this question by highlighting the loyalty behavior of...
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