Trending Auto Retail News
Confessions of a used-car dealer: The six myths about my job
Confessions of a used-car dealer: The six myths about my job, from Yahoo. It's a glamorous life. You're surrounded by colorful flags, with personalities like walking cartoons, and everything you buy turns into a pot of gold for you (and a rolling disaster for your...
Getting More Customers to Test Drive Your Brand
Getting More Customers to Test Drive Your Brand, from Content Boost. Research shows that one in every six customers skip test driving a car before purchasing it. Specifically, the study of 2,000 automotive customers conducted by DMEautomotive (DMEa) found that:...
Five Reasons Why You Cannot Afford to Ignore Inventory Management
Five Reasons Why You Cannot Afford to Ignore Inventory Management, from MyTechLogy. In a globalized world where even a small firm can cater to a global clientele through digital media, proper management of inventory can have a significant impact on not just an...
Experian’s AutoCheck Integrates with AutoAlert
Experian’s AutoCheck Integrates with AutoAlert, from F&I Showroom. IRVINE, Calif. — AutoAlert, a data mining and sales opportunity and retention provider, has announced the integration of Experian Automotive’s AutoCheck vehicle history reports to its Deal Sheet...
Google Introduces Long-Anticipated Insurance Shopping Site
Google Introduces Long-Anticipated Insurance Shopping Site, from The New York Times. The United States insurance industry has been anticipating — or dreading — Google’s entry into insurance shopping for the better part of a year. The wait is over. On Thursday, the...
Four steps companies can take to better manage operational risk
Four steps companies can take to better manage operational risk, from iHS. After corporate accounting scandals grabbed the headlines in the early 2000’s, most companies established the necessary financial management discipline to avoid such disasters. But from...
Passing the Compliance Test
Passing the Compliance Test, from F&I Showroom. The current regulatory environment demands that dealers take a good hard look at their processes and policies. F&I pro offers some recommendations. The Consumer Financial Protection Bureau (CFPB) has not wavered...
7 Tips for Managing Cash Flow
7 Tips for Managing Cash Flow, from Linkedin. Cash flow is the lifeblood of an operating business. Unfortunately, many entrepreneurs never learn about cash flow – and the differences that exist between cash flow, booking revenues and paper profit. Cash flow is the...
Quick guide to converting ecommerce mobile customers
Quick guide to converting ecommerce mobile customers, from Appath. Mobile traffic is going to be the biggest ecommerce battleground in 2015. Over the past 12 months we’ve seen consumers move away from using their smartphones and tablets primarily as research tools,...
Car Dealers: Do you know your KYC/AML obligations?
Car Dealers: Do you know your KYC/AML obligations?, from Wordpress. On March 6th, John Frank Mussari Jr., the owner of a luxury car dealership was sentenced to 2 years in prison for money laundering. Cars, especially luxury cars, are often used to launder money. Auto...
Terrorism Ramps Up Our Government’s Enforcement
In recent years the government has become more sophisticated in how they fight terrorist organizations. Efforts to cut off terrorist funding have become an increasingly important part of the federal government's strategy. These motivations can help partially explain...
Is It Time to Forget about SEO?
Many dealers are coming to realize that their best opportunities come from 1st party consumer leads, like their own website. Many are also realizing that there are more than a handful of companies who claim to be geniuses when it comes to SEO. This next statement is...
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