Trending Auto Retail News
The Importance of Streamlining Inventory Management to Reduce Costs
Reducing costs and maximizing efficiency are essential exercises for any business aiming to increase revenue and grow profitability. There are many traps and bad habits that companies often fall into that can cause unnecessary amounts of revenue to leak from the...
Four Tech Tools That Decrease Employee Turnover
Employee turnover continues to be a problem in many dealerships, and especially in fixed ops. The ability to attract and retain service technicians, for example, is a problem so prevalent that in a recent Carlisle Dealer Principal Survey, more than 40 percent of...
Black Book Market Insights: Depreciation Decelerates
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report. This week’s Black Book Market Insights report takes a look...
TagRail™ Digital Retailing Platform to be Highlighted at Digital Dealer 23
DUBLIN, CA – September 5, 2017 – Attendees of the Digital Dealer 23 Conference and Expo later this month interested in providing a livingroom-to-showroom journey for their customers should plan now to visit Booth 131, TagRail™. TagRail helps dealerships provide a...
Witt’s Wise Words: Is There Brand Loyalty Anymore?
In this week's Witt's Wise Words, Bill Wittenmyer discusses whether brand loyalty still exists.
AutoLoop’s Stephen Coambes Reveals “The Best Service Experience: Back to Basics in a Digital World,”at Digital Dealer 23
CLEARWATER, FL –September 5, 2017 – AutoLoop LLC, the leading provider of auto industry marketing and customer relationship management solutions that successfully drive the Sell, Service, Repeat cycle, today announced that Stephen Coambes, AutoLoop’s Director of...
Accomplished Product Executive Eric Cotter Joins SpinCar® as Chief Product Officer
New York, September 5, 2017 – SpinCar®, the global leader in automotive merchandising tools, today announced that Eric Cotter, an accomplished product executive with a long history of success in the automotive industry, has joined the company as Chief Product Officer....
How Car Sellers Can Use Free Data from Their Store’s Website to Make More Money
When it comes to finding ways to make more money, Good Car People understand the power of utilizing data to minimize waste. Good Car People are the ones who plan, measure, monitor, and focus their efforts - and their spending - on the specific things that reliably...
A Fresh Look at Valuing Reinsurance Cash Streams
Finance and insurance (F&I), and associated reinsurance programs, have long played an important role in the profitability of the dealership model. These service lines provide a consistent flow of gross margin (often routed outside of the dealership P&L...
What Ever Happened to the Sales-to-Service Introduction?
A college buddy of mine relocated to the Deep South many years ago. We’ve stayed in touch with each other and in a recent phone conversation he was telling me about his car-buying experience earlier this spring. Let me tell you at the outset that he is not a...
Make It Happen, Watch It Happen, Wonder What the Hell Happened! (You do have a choice)
“Learn how to control and manage service department work input or pay the consequences – don’t end every work day wondering what the hell happened.” Two of the most expensive weaknesses I encounter in dealer service departments are pre-loading planning and dispatch...
12 Questions to Answer for Social Media Success
Put 20 people in a room and ask them, "What is social media success?" With the overabundance of social media "information" supplied today, chances are you'll get 20 different answers. Some people will say vanity metrics such as the number of likes or followers you've...
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