Sales & Variable OPS
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...
The Strategic Imperative for Auto Dealers to Prioritize F&I Product Sales & Wealth Building in Challenging Times
In today’s constantly evolving automotive industry, dealerships face the challenge of maximizing revenue amidst fluctuating market conditions and consumer preferences. Particularly in today’s times of economic uncertainty, it becomes paramount for auto retailers to...
EpiCar Partners with EpicVIN to Offer Free Vehicle History Reports for Dealers
EpiCar, an online platform connecting car sellers with dealers, has announced a new partnership with EpicVIN, a trusted provider of vehicle history reports. As part of this collaboration, all car listings on EpiCar will now include complimentary vehicle history...
Digital Dealer Conference & Expo 2024 Registration Now Open
Attendee registration is open for the 2024 Digital Dealer Conference & Expo! Oh, and did you know the show will be at a new venue? That’s right! Digital Dealer will be at MGM Grand, October 8-10, 2024! Digital Dealer Conference & Expo, a 2.5-day event, brings...
Navigating the Intersection of AI Literacy and Emotional Intelligence: Elevating the Customer Experience in Dealerships
Unless you've been under a rock, I'm sure you're aware of the AI-powered data platforms available today. This kind of data is a critical component for efficient marketing and operational optimization. However, amidst the sea of algorithms and analytics, we must not...
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