Trending Auto Retail News
Feds put add-on products in their cross hairs
Feds put add-on products in their cross hairs, from Automotive News. The Federal Trade Commission has set its sights on what it calls add-on products: F&I products sold at dealerships such as anti-theft etching or biweekly payments. “The cases we brought today...
Are your investments on promoting your company on the web gaining the results you are hoping?
A Dealership’s website is visited far more than its physical location yet; little regular attention is paid to its marketability and results. Colors and pictures do not necessarily make for an engaging site. Social media does not necessarily communicate with the most...
Your Customer’s Perception Is Reality
Your Customer’s Perception Is Reality, from KPA Blog. It’s tough out there. Customer access to information on the internet continues to shrink margins. Dealerships are just trying to scrape by in a highly competitive marketplace. You have to do whatever it takes to...
FDIC Encourages a Risk-Based Approach in Assessing Customer Relationships
FDIC Encourages a Risk-Based Approach in Assessing Customer Relationships, from Risk Management Blog. In a January 28, 2015 Financial Institution Letter (FIL), the FDIC attempted to further publicly clarify its position regarding the propriety of banks offering...
Fitting Culture Into Your Compliance Program
Fitting Culture Into Your Compliance Program, from Compli. Culture is tricky. Culture isn’t who we think we are, but instead, exactly what your organization’s workforce is. When taking an inside look, it is often difficult to be honest when those two ideas come...
Heads Up
Heads Up, from Auto Dealer Monthly. The NFL’s concussion crisis went from bad to worse last month. Chris Borland, the San Francisco 49ers’ rookie linebacker sensation, abruptly announced his retirement from professional football at the age of 24. He was afraid that,...
Carmakers Can Relax, A Bit, Apple Car Threat Looks Years Away
Carmakers Can Relax, A Bit, Apple Car Threat Looks Years Away, from Forbes. The world’s car manufacturers can breathe easy, at least for a while; the threat that mega-rich technology company Apple AAPL -0.33% is about to launch a vehicle which would fatally undermine...
NCM® Associates Announces DrivingSales Alliance and New Internet Marketing Composite for 20 Group Clients
Overland Park, Kan., April 8, 2015 -- NCM Associates (www.ncm20.com), a 100% employee-owned company and leading provider of the 20 Group peer collaboration model, automotive retail consulting, management training, operations Benchmark® analysis services, and data...
The Port City Nissan transformation: How Digital Retailing helped boost new car profit by an average of $900
The Port City Nissan transformation: How Digital Retailing helped boost new car profit by an average of $900, from Dealertrack. Step into the Port City Nissan Showroom in New Hampshire and you’ll immediately notice how busy it is. True, as one of the leading Nissan...
Text and Engage with Today’s Changing Consumers – The Importance of Texting Consumers and How to Stay Compliant
Technology is constantly providing an ever expanding list of how people communicate with one another. Over the decades, communication channels have gone from the Pony Express, to the Postal System, to overnight delivery, to fax machines, to e-mails to social...
How to Teach Your CRM to Think – and Learn from Big Data
How to Teach Your CRM to Think - and Learn from Big Data, from CMSWire. The problem with big data is, well, it’s big. Even with the best CRM to record and organize every interaction with your customer, if you don’t know how to leverage that data, you could risk...
Getting inside the mind of the digital car buyer
Getting inside the mind of the digital car buyer, from Automotive Management. Digital retail lessons from the US Chip Perry, Auto Trader Car dealers in the UK could learn from their American colleagues, according to Chip Perry, who established America’s Autotrader.com...
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