Trending Auto Retail News
Assume Nothing: 5 Tests Every Manufacturer Should Run Quarterly
Assume Nothing: 5 Tests Every Manufacturer Should Run Quarterly, from Industry Week. Spring brings showers, flowers and a fresh round of decluttering at homes and offices all around North America. Others will use the time to perform an annual review of broken work...
IT Disruption Risk in the Supply Chain
IT Disruption Risk in the Supply Chain, from Supply Chain Management Review. A recent survey conducted by APQC indicates that many organizations have been affected by various types of IT disruptions within the last two years. Although high-impact natural disasters...
Online startups offer dealers faster, cheaper ways to wholesale vehicles
Online startups offer dealers faster, cheaper ways to wholesale vehicles, from Automotive News. Bob Gault, president of three dealerships in Endicott, N.Y., tried the usual ways to liquidate unwanted trade-ins. Wholesalers tended to show up at the wrong time and...
4 Ways to Get Rid of Excess Inventory
4 Ways to Get Rid of Excess Inventory, from Retail Online Integration. Out-of-date inventory is holding many retailers back. This issue can strike at any time of the year and keeps warehouses full of the wrong products. Inventory costs can account for up to 90 percent...
Oil Prices Jump on Inventory Data, Demand Outlook
Oil Prices Jump on Inventory Data, Demand Outlook, from The Wall Street Journal. Prices rise to highest of the year on signs production may be peaking and global demand is rising U.S. oil prices surged to their highest point of the year on signs that the country’s...
Volkswagen Credit and Audi Financial Services to Support Automotive Financing Options in Puerto Rico in Agreement With Reliable Auto
Volkswagen Credit and Audi Financial Services to Support Automotive Financing Options in Puerto Rico in Agreement With Reliable Auto, from MarketWatch. SAN JUAN, PR, Apr 16, 2015 (Marketwired via COMTEX) -- Volkswagen Credit and Audi Financial Services are pleased to...
Mercedes’ captive boosts dealership training on branded F&I products
Tips to help manage the spring service rush, from Automotive News. NEW YORK -- Mercedes-Benz Financial Services’ U.S. insurance unit is gearing up to train more dealership F&I managers to sell its First Class-branded F&I products, says Don Berry, the insurance...
Dealership gross profits see bigger impact from F&I
Dealership gross profits see bigger impact from F&I, from Automotive News. The average dealership gained more from F&I last year, even though retailers’ overall sales penetration for products such as extended service contracts and GAP dropped a fraction of a...
Mobile Strategy: 8 Cool Insurance Apps
Mobile Strategy: 8 Cool Insurance Apps, from Insurance & Technology. There is vast potential for insurers that build strong mobile strategies to cater to evolving customer demands. As more employees and customers interact via mobile devices, insurers need to...
Weak New Car Buys Could Fuel These Auto Dealer Stocks
Weak New Car Buys Could Fuel These Auto Dealer Stocks, from Investors.com. American consumers aren't new-car shopping as much as it looks from first glance at the data. But dealers that focus on used cars, parts and service are poised to thrive, according to an...
Low rates will continue to help auto sales, financing in 2015, experts say
Low rates will continue to help auto sales, financing in 2015, experts say, from Automotive News. NEW YORK -- Interest rates should remain low for the rest of 2015, helping auto dealerships sell vehicles, experts say. “Very low interest rates have been a great boon to...
Lenders’ outcry against CFPB ‘narratives’ is justified
Lenders' outcry against CFPB 'narratives' is justified, from Automotive News. It’s no wonder auto lenders cried foul last month when the Consumer Financial Protection Bureau announced its plan to begin posting consumers’ first-person tales of their grievances with...
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