Trending Auto Retail News
Experian: Captives Account for Largest New Vehicle Market Share Since 2010
With consumers increasingly returning to dealerships looking to ride away in a new vehicle, financing is reaching levels it has not touched in almost 15 years According to Experian’s State of the Automotive Finance Market Report: Q1 2024, banks and leasing companies...
Spotlight on….Benchmark Data Suite
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Dan Trinidad, founder and CEO of Benchmark...
Ohio: Auto Dealership at Center of Senate Race Between Sherrod Brown, Bernie Moreno
The car dealership business has been an early focus in a key 2024 U.S. Senate race. U.S. Sen. Sherrod Brown (D-OH) first ad of the general election focuses on Bernie Moreno, his Republican Senate opponent in the November election, that has dealers in the state pushing...
Digital Dealer to Celebrate the Best in the Auto Industry
As part of our continuing efforts to celebrate the auto industry and those involved, Digital Dealer is proud to announce the Digital Dealer awards program for 2024. There are five categories that we are looking for nominations for: Best Dealer Best New Product Best...
Impel Adds WhatsApp Messaging to Platform
Impel on June 6 launched WhatsApp as a communication channel for Impel AI, further enhancing the company’s omnichannel capabilities. In addition to webchat, email, and SMS texting, auto retailers using Impel’s AI platform can now deliver personalized experiences and...
Tips For Closing Every Buyer Who Walks Through Your Dealership Doors
Despite media chatter about the viability of dealerships and emerging direct-to-consumer competitors, car buyers still want to visit dealerships. But they want to visit fewer of them. The latest Ease of Purchase Scorecard from service provider CDK found nearly eight...
CCC Companies Building Standardized NFC Car Access
Editor's note: This article was first published at RFIDJournal.com Technology companies are building NFC-based car access solutions that meet a universal standard related to a vehicle’s digital key. The Car Connectivity Consortium (CCC)—a group focused on advancing...
FTC Files Reply to NADA’s Lawsuit on CARS Act
Last month, the Federal Trade Commission (FTC) filed its 97 page brief in opposition to the legal challenge to the Combating Auto Retail Scams Rule (CARS Rule) filed by National Automobile Dealers Association (NADA) and Texas Automobile Dealers Association. The CARS...
RecovR, Canadian Automobile Dealers Association Join Forces to Combat Vehicle Theft and Enhance Dealership Security
Phoenix, AZ and Ottawa, ON – June 5, 2024 – In a strategic move to address the rising threat of vehicle theft affecting dealerships and consumers across Canada, the Canadian Automobile Dealers Association (CADA) and Kudelski IoT are proud to announce a comprehensive...
What The Q1 Inventory Management Data Means For Today’s Successful Auto Retailers
Inventory management remains critical for auto retailers today in determining profitability, customer satisfaction, and operational efficiency. The traditional methods of inventory management, reliant on manual processes and intuition, are proving inadequate in the...
Haig: Auto Dealership Buy-Sell Volume Sets Record in Q1 2024
A quarterly report from Haig Partners LLC found that the first three months of 2024 sets a record for the highest number of dealerships bought or sold despite declining profits. An estimated 151 dealerships were bought or sold in January, February and March, with...
Dave Cantin Group Introduces First-Ever AI-Powered Data-Mining Software to Accurately Value the Nation’s 18,000+ Franchise Dealerships
NEW YORK – Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new car dealership in the United States, regardless of brand, location or direct input...
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