Sales & Variable OPS
Document Management Solutions Keep Your Dealership FTC Compliant
Safeguards Rule as compliance officers and auditors tasked with this very job are being sent across the country right now. For dealers, staying in compliance can be an overwhelming and costly endeavor, requiring a complex suite of information technology solutions. But...
Can Co-Op Ad Spend Help Soften the Rising Price of New Vehicles?
The average transaction price for a new vehicle in January is $48,759, a more than $10,000 spike from just five years ago, according to Cox Automotive. Surprisingly, luxury vehicle prices have dropped 7.4% compared with a year ago, an anomaly driven by Tesla, which...
Rapid Recon and Velocity Automotive Close the Trade Appraisal Gap
Rapid Recon and Velocity Automotive, driven by Vehlo, will announce an integrated system for closing the trade appraisal gap at the National Automobile Dealers Association convention on February 1. This powerful appraisal-assist system delivers deep internal vehicle...
Auto Brand Retention Grew in 2023: Reynolds and Reynolds
Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles that were purchased...
January U.S Sales Expected to Show Gains as Cox Predicts a Return to Normal in 2024
Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year returning to normal for...
CDK Delivers Innovation Across the Dealership Xperience Platform at NADA Show 2024
There’s no shortage of news in the automotive industry about vehicle affordability, high interest rates, confusion about electric vehicles, and a lack of used car inventory. But there is one headline that rises to the top: consumers are struggling with the automotive...
Reynolds/CARFAX Collaboration is a Big Win for Dealerships and Consumers
The Reynolds and Reynolds Company and CARFAX are announcing a collaboration simplifying automobile dealerships’ integration with CARFAX, while enhancing consumer confidence. Through the Reynolds Certified Interface program, dealerships that opt into CARFAX Car Care...
The Future of AI-Assisted Inventory Management: Lotlinx Sentinel Helps Dealers Mitigate Inventory Risk
Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, recently launched Lotlinx Sentinel – a highly evolved vehicle risk mitigation platform. Sentinel protects dealers by forecasting risks and implementing targeted...
Quantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities
Ander, and its automotive division Quantum5, the first holistic learning ecosystem in automotive to drive measurable performance through engagement and proficiencies, is proud to announce the acquisition of Trivie, a modern workforce engagement platform that utilizes...
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