Sales & Variable OPS
Consumer Alert: 3.5 Million Recalled Cars Sold Online In 2013
Carfax today released new data suggesting online shoppers may have unknowingly purchased millions of used cars with unfixed recalls in 2013. The company's annual research on the issue shows more than 3.5 million cars were listed for sale online with an open safety...
Over half of new cars sales will be digitalized by 2020: Frost & Sullivan
Over half of new car sales will be digitalized by 2020, according to The Nation. Factors to influence the changes include high real-estate costs, expensive resources, and need for innovation to stay afloat have compelled many automotive dealerships to shrink store...
Car Lease Credit Approvals Show Patterns Similar to Consumer Credit Trends
Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of January were at 70.5%, down from the 73.3% level in December of 2013. The credit approval levels have witnessed some recent turbulence, going as high as...
We Haven’t Always Run the Shop that Way
From Search Auto Parts: We haven't always run the shop that way... Have you ever had an idea for a new way of doing something, suggested a different way to accomplish a task, only to be told no? If you were bold enough to ask, why not? The answer is usually something...
Toyota nears $1B settlement with feds
Toyota nears $1B settlement with feds, according to The Detroit News. Toyota Motor Corp. and the U.S. Attorney’s Office in New York and are nearing a settlement that could top $1 billion to resolve the Justice Department’s four-year criminal investigation into whether...
Outlook 2014: Auto dealerships retool operations to create a better buying experience
Auto dealerships retool operations to create a better buying experience, according to Mass Live. An auto dealer needs to move a lot of metal to make back a $13 million investment in two new dealership buildings, but Thomas M. Cosenzi and Carla J. Cosenzi,...
Auto Sales Slid in January as Frigid Weather Kept Buyers at Home
Auto sales slid in January, according to TheLedger.com. Auto sales slid 3 percent in January as bouts of snow, ice and frigid temperatures in much of the country kept buyers snug in their homes instead of venturing out to car dealers. People bought just more than 1...
Is the Car the Next Smartphone?
From TechRepublic: Is the car the next smartphone? The automobile is often cited as the next big mobile device. Find out more about connected cars and how they might impact your business. Despite arriving on the scene relatively recently, smartphones and tablets are...
The Future of Car Retailing
The future of car retailing, according to Forbes. Imagine this: you are driving your new Audi R8 along the Californian coastline at sunset, through the panoramic roof you admire the passing clouds – you lean deeper back into the red leather contoured sport seat, the...
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