Marketing & Advertising
SafePoint Introduces Enhanced Features to Monitor Inventory, Recapture Lost Service Revenue, and Super Charge Retention
Metairie, LA – SafePoint Dealer Services, the leading lot management and telematics (GPS) monitoring solution for dealers, announced on May 20, 2024, the launch of several new features designed to give dealerships control over communication with their customers while...
ZT Automotive, Paradise Motors, Fiskers, Mall Chevrolet: Dealership Sales Roundup
ZT Automotive Enters Alabama Market ZT Automotive has expanded to 13 dealerships and officially entered the Alabama market after completing a deal with Florida-based Greenway Automotive group. The acquisition includes brands such as Toyota, Honda, Nissan, and Chrysler...
Ford Tells Dealers They Can Delay EV Investments
Ford has told dealers they can pause capital investments related to selling electric vehicles (EV) until the company completes a review of its requirements. The automaker had set a June 30 deadline for dealers to invest in Level 2 EV charging stations to qualify for...
Inventory Continues to Increase at Auto Dealerships
As dealerships get ready for a big Memorial Day Weekend, they have plenty of cars on the lot to sell. According to Cox Automotive, brands with 100+ average days’ supply pulled the average days’ supply up two days at the start of May to 76 days An analysis of vAuto...
Physical Audits Support Compliance Software in Thwarting CARS Rule Violations and Other Auto Dealership Cyber Crimes
CRYSTAL LAKE, IL, May 22, 2024 -- As cyber crimes against auto dealerships escalate, dealers must recognize the importance of conducting frequent physical security audits to supplement any software-driven compliance tool they may be using. This advice comes from Terry...
Urban Science: Auto Dealers Relevance Increases for Buyers
Urban Science recently released their annual 2024 Urban Science Dealership Transformation Index (DTI) shows improvement from the year before, especially with Gen Z consumers. The 2024 Urban Science DTI score overall stands at 56, up a percentage point from the year...
EpiCar Announces First Auction Event for Dealers on June 17
EpiCar, a new unique platform, has recently announced its first auction event scheduled for June 17. This platform facilitates direct connections between dealers and private car sellers, providing a streamlined, efficient inventory sourcing solution. EpiCar's...
EV New Vehicle Price Remains Virtual Unchanged in April
Kelly Blue Book’s (KBB) estimates for electric vehicles (EV) sales forecast no marginal difference in April from the previous month. EV transaction prices in April were up roughly 0.1 percent at $55,252, an increase of only $75 from the prior month. Year-over-year,...
Reynolds Looks at What Dealers, Customer Want in Service Check-In
You never get a second chance to make a first impression—and a recent survey shows what dealers and customer are looking for from each other when it comes to this all-important initial interaction when it comes to the drop off for vehicle service. Reynolds and...
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