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Trending Auto Retail News

Eddie Hall III Receives Cox Automotive and NAMAD Rising Star Award

Eddie Hall III Receives Cox Automotive and NAMAD Rising Star Award

This recognition emphasizes the importance of diversity in the automotive industry. Cox Automotive is donating $5,000 to the University of Michigan, Hall’s non-profit of choice. A disaster response vehicle is being donated to the American Red Cross on Hall’s behalf....

The Power of Managing the Now: Radically Improving the Vehicle Sale

The Power of Managing the Now: Radically Improving the Vehicle Sale

By Dave Bowling, Automotive Product Specialist, Reynolds and Reynolds You have plenty of tools and processes to help you manage before the sale. Your ad budget is robust, your website merchandises your inventory well, you capture leads, and you send emails and place...

Optimize Your Digital Marketing and Advertising Campaigns

Optimize Your Digital Marketing and Advertising Campaigns

By Erica Danford, AVP of Managed Services, Dealer.com Great marketing is never accidental. Think back to what campaigns have stuck with you over the years. What do you remember about them? In all likelihood, it was the content, presented in a compelling way through...

Shifting to a Razor and Razor Blade Business Model

Shifting to a Razor and Razor Blade Business Model

In the last seven years, new vehicle gross margins have declined from four percent to two percent. If that pace continues, profit margins will be wiped out by 2025. It appears that the front-end grosses dealers enjoyed 10 or 15 years ago are never coming back. F&I...

A Simple Way to Capture Additional Service Revenue

A Simple Way to Capture Additional Service Revenue

In a quick review of dealership’s websites, I find that many are almost entirely sales focused and tend to neglect the one department that brings the most significant percentage of profit… service. Go ahead. Take a look at a few dealership websites. Service tends to...

Is Carvana Creeping into your Market?

Is Carvana Creeping into your Market?

We’ve all heard the hype around Carvana, and their mission to change the way consumers purchase vehicles. In the end, there are likely some learning lessons from Carvana for dealers, and I would argue that this has created much of the drive around digital retailing...

Warning: BlueKeep Malware Could be as Bad as WannaCry

Warning: BlueKeep Malware Could be as Bad as WannaCry

Dealers, do your computers still run the Windows 7, Windows XP, Windows Vista or Windows 2003 operating systems? Do you have a Windows Server 2008? Be aware that your machines are vulnerable to a new type of malware called BlueKeep that’s seeking to infect thousands...

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