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September 18, 2023
Tesla has gained widespread recognition during the previous ten years. An acknowledged powerhouse, the business has seen exponential expansion while dominating the automobile sector. How does Tesla draw in clients? Let’s examine the company’s history to date. There is plenty to be learned from both the brand’s successes and failures. Tesla’s Ascendancy Tesla first appeared […]
September 18, 2023
When purchasing and selling cars, some things are a given. A desking is when pricing, payment, and financing arrangements are agreed upon. Desking has always been a protracted, arduous procedure. Despite not liking it, consumers have come to tolerate it because it has become standard in the retail car sector. Fortunately, advances in technology have […]
September 18, 2023
A single-point-of-contact (SPOC) sales model transition is one of the few situations in the company where increasing efficiency does not detract from the pleasure of customers or employees. Actually, the reverse is true. Single-point-of-contact selling benefits both customers and workers. Dealerships that want to save money and maximize their returns find SPOC to be more […]
September 18, 2023
The dreaded moment for reporting to management has arrived. How many of us assemble a ton of nonsense on an Excel or Google Sheet the night before, expecting no one will question us? Let’s be real here. The time-honored and all-encompassing “it depends” response is already on our lips! I adore it! Consider how […]
September 18, 2023
There is much speculation about Apple getting into the vehicle industry. Will they only make an iOS for cars that others can integrate? Will they produce an electric passenger car for the public? Will they instead turn to autonomous vehicles right away? According to analyst Ming-Chi Kuo, Apple’s next breakthrough product will be an automobile, […]
September 15, 2023
Consumer behavior is constantly evolving; therefore, it’s more crucial than ever to recognize industry trends and how they might and should affect the money you spend on media advertising. Particularly in the automobile sector, it’s crucial to maintain visibility and remain in front of customers throughout the purchasing process. You must continue spending to keep […]
September 15, 2023
Although driving across borders in your car might be enjoyable, you must first do a lot of preparations. For both you and your car, it requires a lot of grit and stamina. The Fortuner is a fantastic vehicle for such lengthy trips, but there are many things to watch out for to keep you safe. […]
September 15, 2023
The rapid increase in production and popularity of electric automobiles has likely had the biggest impact on the automotive industry, which boasts more than 300 new car types available to the public each year. Automakers have redesigned their lines to accommodate an increasing number of electric cars (EVs) with each passing year, driven by both […]
September 15, 2023
ATLANTA Many college students who are graduating this semester will require a new vehicle as they enter this new stage of their lives, armed with diplomas in hand and ready to change the world. Recent graduates around the country will be looking for a new vehicle to assist them move forward along their chosen route, […]
September 14, 2023
For a vehicle lover, owning their own auto dealership can be a great way to make a living. After all, it enables them to interact with the cars they adore and match clients with the vehicles they want. This kind of business has the potential to be very successful when done properly. Knowledge of […]
September 14, 2023
components of your marketing plan. It’s what potential consumers see first when they search for you online, which means it’s frequently where they form their initial opinions of you. In other words, they will judge whether they want to do business with you based on what they see online, just as if they were […]
September 14, 2023
You take care to keep your car looking good as a car owner. But even with extreme caution, oxidation and scratches are still possible. These flaws don’t just detract from the appearance of Nevertheless, if they are not addressed, they might do more harm to your car. Thankfully, there are several substances that can efficiently […]
September 14, 2023
With an increased emphasis on electric cars (EVs) as a sustainable and environmentally friendly transportation choice, the automotive industry is undergoing a substantial transition. Ford Motor Company, one of the biggest manufacturers in the world, has been making investments in battery technology to power its line-up of electric vehicles. This article examines the vital function […]
September 14, 2023
The invention of the Global Positioning System (GPS) has completely changed how we travel. Finding the closest coffee shop or receiving driving instructions to a friend’s house isn’t enough anymore. Today, GPS technology is a vital element for maintaining vehicle security and safety. You can keep your automobile and its occupants secure by using a […]
September 14, 2023
One of the biggest expenditures you’ll ever make is a car, second only to a home. You probably want it to last as long as possible as a result. And fortunately, an automobile can be kept operating for a lot longer than you might think. According to information provided by the Society of Motor […]
September 14, 2023
daily use, lengthy journeys, and storage in the garage Our vehicles are members of our family. We look after it, it travels with us, and we have a close bond with it. Do you actually understand how to care for your car according to how it is used, though? Do you only perform the […]
September 14, 2023
A new car purchase is thrilling and enjoyable, but it can also be rather stressful. If you’ve ever entered a car dealership, you may have observed how the salespeople prowl about like a school of sharks searching for their next meal. Looking for a car can be a little frightening, especially when the salespeople attempt […]
September 14, 2023
Many people are taking a close look at their current position and questioning whether it really delivers the kind of security that they are looking for in light of how tumultuous the job market and economy have been over the past couple of years. Everyone is concerned about having enough money to support themselves and […]
September 14, 2023
We have to go through many options while making purchases as consumers. It’s time to do our homework so we can make the greatest decision when we need to make a purchase or choose the best business or service for the task. We gain from making sensible decisions in a number of ways. We will […]
September 12, 2023
The findings of annual 2022 Car Buyer Journey Study made it abundantly clear that not only were current consumers feeling the effects of digitalization, but that dealerships and OEMs should reevaluate and reinvent how they conduct online business. Some of the findings from the study of more than 10,000 potential auto buyers came as […]
September 12, 2023
Every auto dealer today needs to have both a digital presence and online skills in order to conduct business. It’s not only a case as in Field of Dreams, though; if you construct it, they will come. customers of today have certain requirements, wants, and preferences when it comes to how they might buy automobiles, […]
September 12, 2023
There is little doubt that the effects of digitalization, economic difficulties, and industry pressures are being felt. You might be as surprised by the findings of the poll of over 10,000 car buyers as our research team was. Not all the news is negative… To win and keep an auto shopper’s business in the […]
September 12, 2023
Auto dealers need to learn how to sell the car they may or may not have on their lot more than ever because of ongoing inventory shortages, rising loan rates, and a persistent consumer demand. How can they accomplish that effectively? By putting an emphasis on improving their experiences and brand. Changing consumer purchasing habits […]
September 12, 2023
In the past year, new car pre-ordering has become more common at dealerships, regardless of whether you’re just starting to learn how to properly and successfully sell it or you’ve been doing it rather successfully for a while. As we all know, new car pre-order is now a reality and a way of doing […]
September 12, 2023
Everyone in the auto industry is aware that the previous year provided auto dealers with a series of obstacles to overcome. Inventory was low, consumer habits and our sector were still undergoing fast change, and the global macroeconomic environment still faced some pretty significant difficulties. Today’s successful dealers have discovered that it’s time to […]
September 7, 2023
It’s not easy to start an auto dealership. Fortunately, there are online resources like SimpSocial.com that can help you learn how to start your own company. When creating the budget for your company, there are a few hidden expenses you need to be aware of. For that reason, I’ve compiled this list of business expenses […]
September 7, 2023
As we all know, manufacturers have been pressuring dealers to renovate for years. Dealers are spending millions to “Keep up with the Joneses” whether it be a full rebuild, a redesign, or even just a makeover. The majority of dealers consider these remodels to be major events, spending thousands on temporary structures and off-site storage […]
September 7, 2023
I want to open this post with a joke about “Captain Obvious,” but I’m not sure as I’ve discussed this topic with several dealers recently. Whatever your short-term objectives (better inventory management, increased lead conversion, lower operational costs, etc.), the ultimate objective is to increase the amount of money you have left over at […]
September 7, 2023
On the marketing budget for 2022, all of the i’s and t’s have been crossed. You’re coming to the end of another successful sales summer. Although you’d always like to sell more, you’re happy with the way your store is going. The money you’ve set aside for marketing is wisely allocated and well-understood. What more […]
September 7, 2023
Consumers of today expect and deserve a quick and contemporary (digital) car-buying experience. Although our industry has made enormous steps in that direction, there is still a long way to go. Particularly in terms of F&I. The F&I procedure takes forever. While purchasing a car probably won’t ever be as quick as buying […]
September 7, 2023
Although the subject of floor layout is not new, it has recently become much more engaging. According to a recent article by Auto News, floorplans increased from an average expense of $96 per vehicle in 2022 to a gain of $140 per vehicle in 2021. Gains are attributed to cheap interest rates, small vehicle inventories, […]
September 7, 2023
Do you find yourself questioning whether online retailing is really worth the hassle? To be honest, do you secretly hope it’s a trend that passes after the pandemic ends? If you answered yes to those questions, you might be disappointed to learn that digital retailing probably isn’t going away anytime soon. In fact, about […]
September 7, 2023
You recently paid another hefty DMS fee, your 20 Group told you about a wonderful new system, or you want improved support. Dealers may change DMS providers for a variety of reasons. Whatever the motivation, it’s a significant choice because your DMS affects every facet of your company. I understand. I worked as a […]
September 7, 2023
The A-Team was fantastic. They were the coolest, in my opinion—even the van was fantastic! They collaborated better as a team, which was ultimately what made them great. It is simple to apply the “better together” principle to a separate A-Team, the “Accounting Team.” Simply put, gathering your team and switching to centralized accounting makes […]
September 7, 2023
According to an eye-opening story in Auto Dealer Today, dealers can earn up to $12,000 more in gross profit each month from retail reimbursement for warranty parts. Given that the majority of manufacturers spend, on average, 40% more than cost, this makes sense. A dealer will effectively quadruple warranty gross profit without raising volume […]
September 5, 2023
Right now, the independent merchants I’ve spoken to are dominating. Before the chip problem, which continues to make purchasing high-quality used cars difficult, they bought up inventory. The price of used cars rose by a record 10 percent in April due to consumer demand, the largest monthly gain in more than a decade. How long […]
September 5, 2023
An excellent Forbes article describes the surge in used automobile values as well as their anticipated decline. It’s interesting that the headline of the piece used the words “crash” and “brace for impact.” Without a doubt, the used automobile market might explode as the real estate bubble did not so long ago. Customers are turning […]
September 5, 2023
“Blind Spots” is a fact-based manual for automobile retailers that offers tried-and-true, simple strategies for lowering their marketing expenses per sale and repair order (RO), growing their market share, enhancing their profitability, and outpacing the competition. ATHENS – Auto dealers have followed the same strategy for many years, but they’ve been hoping for different […]
September 5, 2023
You desperately need inventory if you’re reading this. We are all. I’ve never seen anything like it—there aren’t any new cars on the road. When OEMs and dealerships closed during the pandemic, chipmakers turned their attention to electronics like PCs, as CNBC reported. They are finding it difficult to keep up with the increased […]
September 5, 2023
Autonomous technology is being developed by numerous car suppliers and manufacturers and is being included in the newest automobiles. The necessity of testing this technology is the crucial element here. Additionally, real-world driving scenarios with all of their potential variations were investigated. A typical motorist might run into other passenger vehicles, people walking or biking, […]