Marketing & Advertising
How AI Transforms Car Dealerships
In a landscape where technology constantly evolves to meet changing consumer demands, Artificial Intelligence (AI) drives significant changes in dealership operations. From marketing to sales, AI is becoming an inseparable asset. This shift is highlighted by a survey...
Washington Top State for Auto Loan Delinquency Increases
A recent Wallet Hub report identify the states where auto loan delinquency is increasing the most as the overall rate for the last three month of 2023 was 4.17 percent. According to WalletHub officials, the year-over-year overall comparison showed a 0.75 percent...
Court: Auto Dealerships Liable for Sales Tax When Employees Use Cars that are for Sale
A recent decision in Arkansas could cost auto dealerships who allow their employees to use vehicles that are up for sale on their lots. In a case brought against Trotter Ford by the Arkansas Department of Finance and Administration (ADFA), the state’s highest court...
Service Management Performance Technology—A Must in Today’s World….
Do you ever feel overwhelmed by the intricacies of managing your dealership’s operational efficiency? In the fiercely competitive landscape of automotive dealerships, fixed operations stand as a battleground where success hinges on heightened visibility and rigorous...
April New-Vehicle Sales Down 2.2 Percent from Last Year: Cox
April new-vehicle sales is continuing a pace that would make 2024 the best in five years despite a decline from a year ago, according to Cox Automotive. Sales volume for April is expected to fall 2.2 percent from April 2023 to 1.34 million units. The seasonally...
automotiveMastermind Enhances Mastermind’s Connectivity Through Tekion Integration
NEW YORK (April 23, 2024) – automotiveMastermind, the automotive industry’s trusted data and technology provider, will integrate its Mastermind technology with Tekion, innovator of the first and fastest cloud-native automotive retail SaaS platform, Automotive Retail...
Bob Howard Luxury, Preston Automotive, Van Horn Automotive: Dealership Sales Roundup
Bob Howard Luxury Auto Group Acquires Colorado Tractor Dealership The Bob Howard Luxury Auto Group acquired Universal Tractor Co. in Lakewood, CO, from the McCarty family in a deal brokered by Performance Brokerage Services. Bob Howard Luxury Auto Group is a...
Take the Wheel, Gen Z: What Drives the Newest Generation to Engage with Auto Brands
As the automotive industry faces a delicate balance of ensuring short-term profitability while remaining focused on long-term growth through electric vehicles, autonomous technology, and connected services, a new generation has come of age. Generation Z may appear...
NADA Details Where 2023 Advertising Dollars Were Spent
Auto industry advertising dollars continued to rebound from the pandemic in 2023, according to the National Association of Automotive Dealers (NADA). In their 2023 Full Year Report, NADA data found the nation’s 16,835 franchised dealers spent four percent more on...
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