Trending Auto Retail News
Consumer Car Shopping Experience
The consumer car shopping experience is no longer a linear path to purchase. Industry statistics show consumers are spending hours doing online research and visiting multiple online touch points. Dealers need to influence consumers throughout the entire journey....
Millennials Claim They’re Better Car Shoppers than Their Parents, Reports Edmunds.com
Millennials Claim They're Better Car Shoppers than Their Parents, Reports Edmunds.com, from PR Newswire. SANTA MONICA, Calif., March 27, 2015 /PRNewswire/ -- When it comes to car shopping, it's not uncommon for young adults to turn to their parents for experienced...
NYC aims to remove dealers as middlemen on used-car loans
NYC aims to remove dealers as middlemen on used-car loans, from Automotive News. The City of New York is campaigning to remove dealer reserve from used-vehicle financing. And it’s enlisting lenders’ help to do it. Last month, the New York City Department of Consumer...
5 Simple Best Practices for Great Inventory Management
5 Simple Best Practices for Great Inventory Management, from ToolKit Group. Whether you’re an EMS service, Fire Department, Police Department or any other business you probably have some form of inventory that needs to be managed and monitored. These 5 best practices...
New Strategic Venture Looks To Make A Splash with U.S. Independent Auto Dealers
New Strategic Venture Looks To Make A Splash with U.S. Independent Auto Dealers, from 24-7 Press Release. ROCKLIN, CA, March 28, 2015 /24-7PressRelease/ -- Vantage Finance, a turnkey F&I services provider for the automotive industry, has selected Pure Conquest, a...
FTC launches new sweep targeting deceptive dealer practices
FTC launches new sweep targeting deceptive dealer practices, from Dealertrack. The FTC today announced Operation Rush Control, an ongoing 32-partner law enforcement sweep against deceptive auto dealer practices, including both civil and criminal actions. To date, 252...
US Equity Advantage Expands Its Dealer Services Support
New Business Development Specialists Will Work Hand-In-Hand with F&I Managers ORLANDO, Fla. (April 1, 2015) – US Equity Advantage® (USEA) has expanded its dealer services team to include business development specialists. This new position works directly with...
Get Dialed Into Your Phone Process and Your Financial Statement
52% of callers that do reach an agent in sales do not obtain the customers' information. At the 18th Digital Dealer Conference & Exposition, we will present more mind-blowing stats, give you the tools you need to learn how to fix what you measure and put your...
Cross-Generational Selling Important as Ever
Cross-Generational Selling Important as Ever, from WardsAuto. Veteran F&I managers selling to young buyers, and junior F&I managers selling to older buyers must learn a thing or two. Older dealership finance and insurance managers, especially Baby Boomers,...
New Autotrader Study: Consumers Want Big Changes to the Car Buying Process
New Autotrader Study: Consumers Want Big Changes to the Car Buying Process, from Automotive Finance & Insurance. ATLANTA, March 31, 2015 /PRNewswire/ -- Autotrader's Car Buyer of the Future study, which was released today, shows that only 17 out of 4002 people...
Ensuring Auto Care Financial Success
Ensuring Auto Care Financial Success, from Shop Owner. Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination? Not quite. Any business owner knows you need to make numerous...
Dick Hannah Honda Moves To No. 1 In Their District And Increases Sales by 15% In Just 5 Months
Dick Hannah Honda has been Vancouver, Washington’s No. 2 Honda store for years. Recently, General Manager Joe Orr and his team executed a new targeted marketing strategy that lead them to become the No. 1 Honda dealership in their district. As a result of this...
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