Trending Auto Retail News
BLACK BOOK USED VEHICLE RETENTION INDEX CONTINUES TO RISE THROUGH JULY
Continued Strength & Demand for Used Vehicles Drives Additional Increases in the Market LAWRENCEVILLE, GA (August 6, 2018) – Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, released its...
Morgan Auto Group Purchases First Hyundai And Third Mitsubishi Dealer, Representing Acquisitions No. 31 and 32
The Tampa-based automotive group closed on Brandon Hyundai and Brandon Mitsubishi on Thursday, Aug. 2. This move marks two separate milestones for Morgan Auto Group: Its first Hyundai dealership as acquisition No. 31 and its third Mitsubishi dealership as acquisition...
Welcome to the Circus…See Cars, Elephants and the Wolf Boy!
When automobiles were first introduced into society, people didn’t know what to think. For the most part, early automobiles were reserved for the wealthy, while everyone else continued their transportation needs with the use of horse and carriage. However, people were...
Insights for a Competitive Edge.
What do customers expect during the vehicle purchase process? What do they value most? In a survey included in the AutoLoop 2017 Digital Experience Study, we discovered valuable insights to these questions and more – insights that can give your dealership the...
DALLAS/FT. WORTH-BASED LUXURY CAR DEALER PARTNERS WITH FLEXDRIVE TO ENHANCE DEALERSHIP BUSINESS MODEL AND ECONOMICS, MEET GROWING CONSUMER DEMAND
eCarOne and Essence Maserati and Alfa Romeo represent first independent dealerships offering Alfa Romeos as part of car subscription service ATLANTA, July 30, 2018 – Dallas/Ft. Worth-based eCarOne and Essence Maserati and Alfa Romeo tapped Flexdrive, a car...
LotLinx Adds Senior Sales Leader to Executive Team, Enhancing the Company’s Ability to Expand Award Winning AI-Driven Marketing Solutions to Auto Dealerships Across the Country
CHICAGO – August 3, 2018 – LotLinx, the automotive industry’s No. 1 artificial intelligence (AI) company, announced today it has hired Michael Morrison as Senior Vice President of Sales in support of its mission to help auto dealers optimize their marketing spend and...
Hard Facts: Google My Business Insights – Optimizing Your Google My Business Page
Google My business has just upped their Insights game, and YOU need to be taking advantage of what they're offering. Within Insights on your Google My Business page, you can now see... 1- What your competitors are doing. 2- What search queries your customers are...
4 Tips to Capture More Declined Services
The benefits of having a mobile check-in and MPI process in the service department have been widely confirmed. You’ve probably heard all about the three “T’s;” specifically transparency, timing and trust. However, one of the biggest unsung benefits is the considerable...
Are You Selling Cars or Acquiring Customers?
Most dealers know how many cars they sell on a weekly, monthly and annual basis. But if I asked you how many new customers you acquired this year, would you know the answer? On the service side, you probably know how many ROs were closed last month and how much...
Time Matters: A Sale Can Be Won or Lost in Just 8 Seconds
It’s no secret that transaction time is increasingly important to consumers when purchasing a vehicle. And, by the time they arrive on the lot they have already spent countless hours trying to not only figure out what vehicle they are interested in, but where they may...
Why the Automotive Industry Needs Diversity
Diversity continues to be a hot-button topic across many industries including automotive. You don’t have to look very far to find insights addressing this important issue, an example being a recently published blog post on the National Automobile Dealers Association...
How and Why You Should Build Brand Ambassadors
Salespeople sell cars. But brand ambassadors make your customers so happy that they tell other people about you and return to do business with you time and again. It’s obvious which type of person a dealership would prefer to have on staff. And more than ever,...
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