Marketing & Advertising
Optimize Your Car Dealership’s Social Media Posts: Proven Strategies
In today's digital landscape, consumers demand quick access to information without visiting a dealership. So, to stay competitive, car dealerships must develop unique content strategies tailored to their modern car buyers’ needs. This enables them to enrich their...
New Benchmark Data Suite Takes KPIs from Marketing, Inventory, Leads, Sales and F&I for Actionable Decision Making Across the Dealership
Chicago, Illinois – April 24, 2024 – Benchmark Automotive Data, the leading automotive suite for actionable decision making across the dealership, announced the launch of Benchmark Data Suite, their platform designed to easily track and manage important data in one...
Stella Automotive AI Raises Nearly $20M in Latest Financing Round
Stella Automotive AI raised $19.7 million in a Series A financing round that just closed, according to a May 1 statement. The Tampa-based technology provides artificial intelligence for car dealers, in what company officials say is providing the equivalent of an...
How To Avoid a $15k Loss On An EV Trade-in
One of the most pressing challenges dealerships face is properly evaluating the influx of battery electric vehicles (BEVs) and hybrids taken in on trade or purchased from auctions. Unlike an internal combustion engine-equipped vehicle, battery-powered vehicles contain...
Dahl Automotive, Fred Beans Automotive Group, Holman, Zeigler Auto Group: Dealership Sales Roundup
Zeigler Opening Subaru Dealership in Indiana Zeigler Auto Group will be hosting a grand opening event for Zeigler Subaru of Schererville on May 6. Formerly known as Zeigler Subaru of Merrillville, the dealership will officially open its doorse at its new location,...
Conversions API, The Dealer’s Goldmine
Every decision made in your dealership revolves around money. Each day, questions like "What is the margin in that deal?", "How should I allocate my coop funds?" and "What's the cost of the part the porter just broke?" require careful consideration. The decision to...
April Auto Sales to Sustain Spring Volume Push: S&P Global Mobility
New light vehicle sales volume will hit 1.34 million units in April, according to the latest S&P Global Mobility report releases April 30. Despite what appears to be a downturn from March 2024 (down 7%) and from April of the previous year (down 2%), adjustments...
Price Cuts Alone Won’t Solve EV Adoption Dilemma
In 2023, the electric vehicle (EV) industry experienced a significant milestone, with global sales surpassing 1.1 million units, marking the first time that annual sales exceeded the seven-figure threshold. This represented a surge of nearly 50% in EV adoption...
Going Inside Electric Vehicles Growth on 2023
While dealers continue to worry about inventory issues, the domination of the electric vehicle market that Tesla has enjoyed in recent years is declining. According to Experian’s recently released Electric Vehicles 2023 Year in Review, the Elon Musk-owned company only...
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