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Trending Auto Retail News

CheckVentory allows car dealers to self-audit more accurately

CheckVentory allows car dealers to self-audit more accurately, from The Irish Times. “When most people see shiny new cars on a garage forecourt they don’t know that the dealer doesn’t own the cars. A financial institution or the distributor for the brand they...

Building a profitable F&I department

Building a profitable F&I department, from Boating Industry. Advice from leading dealers and providers on maximizing F&I It can be one of the best ways to increase dealership profits, but a strong finance and insurance department isn’t often top of mind for many...

New vs Used Customers – Identifying Their F&I Hot Button

New vs Used Customers – Identifying Their F&I Hot Button, from GSFS Group. We have seen major shifts in customer buying behavior since the great recession. In fact we have realistically seen more changes in their buying habits in the last five years than we have...

A Wealth of Data Is Key to Improving Risk Management

A Wealth of Data Is Key to Improving Risk Management, from The Center for Auto Finance Excellence. What’s needed to stay innovative in auto finance risk management today? Data, data, and more data, according to Preston Cecil, vice president of risk management at...

Burned Out in F&I? Here’s How to Relight the Fire

Burned Out in F&I? Here’s How to Relight the Fire, from Wards Auto. F&I managers are a tough group, but everyone needs to regroup now and then. Ever felt you were spiraling down and hoping you don’t catch your boss on a bad day for fear he might tear into you for poor...

Ford Unveils E-bike Prototypes, App at Mobile World Congress

Ford Unveils E-bike Prototypes, App at Mobile World Congress, from Phys.org. As roads become more congested across the globe, one major automaker is examining the role electric bikes could play in our future. Ford Motor Company just introduced two new experiments as...

Customer Loyalty and Car Count Averages: The Connection

Customer Loyalty and Car Count Averages: The Connection, from eService Intelligence. Automotive service shops that help customers by taking the lead increase loyalty. Far from bugging customers with suggestions and reminders, they grow to appreciate that you’re going...

Self-Managed vs. vBDC Managed Chat

Self-Managed vs. vBDC Managed Chat, from Elead1One. Chat solutions on your website will generate incrementally more leads, as we well know. But that doesn’t give you a clear answer on how you can arrive at those lead increases. There are essentially two types of...

The Five Absolute “Musts” for a Successful Automotive Sales BDC

The Five Absolute “Musts” for a Successful Automotive Sales BDC, from Dealer Elite. If you’re like most dealers I speak with lately, you’re either looking to add a Business Development Center (aka BDC) or trying to find ways to make your current BDC more successful?...

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