Trending Auto Retail News
Want More Service Revenue? Make Technician Videos!
Would you like to hear a ridiculous, unbelievable ROI statement? Well, one luxury brand dealership integrated technician videos into its service processes and, in only seven days, made +$250K in customer pay recommended work revenue. In fact, 80% of all closed repair...
Affinitiv and AutoLoop Sign Definitive Agreement to Merge
Combination creates a leading provider of marketing technology and software solutions exclusively serving automotive manufacturers and dealerships in the U.S. Chicago, IL and Clearwater, FL—July 18, 2019— Affinitiv, Inc. (“Affinitiv”) and Loop LLC (“AutoLoop”),...
AudioEye Expands Relationship to Become Dealer.com’s Premier Partner for Digital Accessibility
TUCSON, Ariz. – July 18, 2019— AudioEye, Inc. (NASDAQ: AEYE), a leading developer of digital accessibility solutions that provide barrier-free website access for individuals with disabilities, has entered into a premier partnership with Dealer.com, a Cox Automotive...
MAX Digital and LotVantage Partner to Make Social Lead Generation Easy for Dealerships
LotVantage Joins MAX Digital Approved Vendor Circle CHICAGO — July 11th, 2019 — MAX Digital, the dealer-first digital retail software provider for the automotive industry, announced a service partnership with LotVantage. Participating dealers can leverage the full...
LEASE CREDIT APPROVAL RATES DIP TO 65% IN JUNE
More Demand From Consumers Seeking Existing Lease Contracts at Price Points Negotiated When Dealer Incentives Were More Prevalent CINCINNATI, OHIO (July 18, 2019) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants...
Kelley Blue Book Names 10 Most Awarded Cars, Brands of 2019
2019 Jeep Wrangler Achieves Top Spot Among Vehicles, Honda Leads Among Brands IRVINE, Calif., July 18, 2019 – With more than 350 automotive models available in the marketplace and new nameplates being introduced each year, the process of choosing a new car can be...
Digital Retailing: Let’s Talk About F&I
Conversations about digital retailing in the automotive industry tend to center around two things: customer experience and an increase in sales volume. But some dealers feel that it just leads to decreased margins on the front-end in the “race to the bottom", and that...
Do You Know Your Customers’ Service Share of Visits? Here’s Why You Should
In the automotive industry, the ability to earn a greater share of a customer’s spend is the key to driving higher customer lifetime value. To that end, many dealers utilize flawed retention strategies designed to achieve a minimum number of service visits rather than...
Local Charities Win Big in Manheim Corporate Challenge
Cox leadership donates $20,000 between two charities in San Antonio and the Philadelphia area ATLANTA, Ga. (July 16, 2019) – An organization that helps veterans with housing and employment needs and a nonprofit that fights hunger are the big winners of a corporate...
Xtime Launches New Service Tracker to Help Bring Trust and Transparency to Every Vehicle Service Visit
Introducing real-time vehicle service status updates from the palm of your hand REDWOOD CITY, Calif., July 17, 2019 – Dealerships and customers can both agree that the vehicle service experience needs improvement. Hindered by poor communication, the relationship...
A Tidal Wave of Change May Be on Its Way to Dealerships
Federal law currently prohibits dealerships from selling any new vehicle with an open safety recall to consumers. And now, Democratic Senators Richard Blumenthal (Democrat - Connecticut) and Edward Markey (Democrat - Minnesota) have reintroduced legislation that also...
The Best Leads are in Your CRM
New leads are important, and you always want to keep the pipeline full. Yet, it can cost as much as five times more to attract a new customer than to retain an existing one. Doesn’t it make more sense to spend time nurturing the leads you already have? According to...
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