Auto Remarketing

NOVEMBER 14, 2024

The automotive dealership landscape has seen significant changes in recent years, particularly in the wake of fluctuating profitability and high interests. What dealer principals should be focused on — is what they can control. These factors have contributed to a notable dip in profitability for many dealerships.

Dealerships 52

Dealerships Automotive Principal Supply Chain 52

Canadian Auto Dealer

DECEMBER 4, 2024

Raymond and Carrasco knew one another because of their Nissan connection, but in that one meeting they developed a connection because of mutual interests, some related to history, politics, and a business philosophy of how to treat customers. He can draw a lot of customers in, which is what he does. There aren’t any.

Principal 96

Principal Management Dealerships Customer 96

Turbo Marketing Solutions

NOVEMBER 2, 2021

Here’s a list of the top frequently asked questions we receive about how Turbo’s Automotive Conquest Funnelling Method can help you increase your sales from conquest customers. Q: What is Turbo’s Automotive Conquest Funnelling Method ? Q: Who are you? The program works! Q: How does it work? Q: How does it work?

Automotive 52

Automotive Principal Customer Management 52

AutoSuccessOnline

MAY 14, 2024

In automotive, we are back to a competitive, “pre-COVID” market state where many people shop, but sales are far from guaranteed. Modern methods for consumers to convert on your website are definitely part of a plan, but making it a smart long-term plan is integrating it into your store from top to bottom so customers have a smooth experience.

Marketing 105

Marketing Principal Term Consulting 105

Turbo Marketing Solutions

NOVEMBER 1, 2021

Welcome to the world of automotive conquest sales - a thrilling domain where customer acquisition, sales strategies, and market domination converge! If you're on a quest to escalate your sales numbers and secure an unshakable position in the automotive market, you're in the right place.

Automotive 52

Automotive Principal Management Customer 52

Auto Remarketing

OCTOBER 2, 2024

The last couple of years, automotive dealers were making record profits from car sales. Compared to a year ago, according to Cox Automotive, inventory is up by approximately 914,000 vehicles, which correlates to an increase in day supply from 57 to 72 days. The other side of the scale — or the equation — is costs.

ROI 98

ROI Retail Principal Management 98

Carscoops

APRIL 20, 2024

percent fewer vehicles in Q1 2024 than it had a year earlier, according to data obtained by Cox Automotive. “As anticipated, Tesla’s sales took a hit, influencing the overall market dynamics,” said Stephanie Valdez Streaty, Cox Automotive’s director of industry insights. 51.30% Ford 20,223 10,866 86.1%

Sales 119

Sales Principal Manufacturing Automotive 119

Canadian Auto Dealer

MARCH 27, 2024

Shawn Leibold, Director of Industry Relations for Reynolds and Reynolds, was recently selected by the company to fill a vacant seat on the board of directors for the Standards for Technology in Automotive Retail (STAR). STAR is an automotive information technology standards organization.

Principal 52

Principal Retail Technology Automotive 52

Automotive Mastermind

JANUARY 26, 2023

Even as inventory levels begin to normalize , dealers should still expect to see higher interest rates and corresponding monthly payments, likely to continue curbing customer demand and impacting dealership loyalty for the foreseeable future. Customers who are loyal to an automotive brand are invaluable to dealers.

Customer 52

Customer Dealerships Management Buyer 52

AutoSuccessOnline

SEPTEMBER 24, 2024

So, allow me to introduce myself: My name is Erica Bruno, and I am the vice president of business development at an automotive marketing firm. My mom then became the seventh female Toyota dealer principal in the nation. My mom then became the seventh female Toyota dealer principal in the nation. Sounds fancy right? Consistency.

Women 75

Women Principal Networking Automotive 75

AutoSuccessOnline

MARCH 18, 2024

The Reynolds and Reynolds company announced Shawn Leibold, director of industry relations for Reynolds, was selected in a special election to fill a vacant seat on the board of directors for the Standards for Technology in Automotive Retail (STAR), the leading automotive IT standards organization.

Principal 52

Principal Retail Term Technology 52

Automotive Mastermind

DECEMBER 30, 2022

This is an especially important tactic to maintain in today’s automotive space, as inventory supply has been constantly evolving throughout the year (and will continue to do so in 2023). Due to this, the dealership customer experience is playing a progressively bigger role in today’s purchasing decisions.

Automotive 52

Automotive Quota Principal Dealerships 52

Terry Lancaster

AUGUST 1, 2023

The Definitive Guide to F & I How the choices your dealership makes in choosing, training, and rewarding your F & I department can boost your profits , improve your customer satisfaction , and skyrocket your customer retention. How to increase customer retention. How to make an appealing proposition to any customer.

Dealerships 52

Dealerships Automotive Finance Management 52

Drive.com

MARCH 3, 2024

Per The Guardian , car theft in the UK and Wales from March 2023 to this year “was at its highest level for more than a decade” In response to the concerning rising trend of keyless car thefts, some manufacturers have invested in upgrading their security systems to better protect customers.

Insurance 108

Insurance Electronics Principal Manufacturing 108

Autoleadstar

NOVEMBER 13, 2024

With an overwhelming 81% of dealerships expecting their AI budgets to rise in 2025, the automotive industry is on the cusp of a technological transformation aimed at enhancing operational efficiency and customer experience. Acknowledging these hurdles is critical for maximizing the benefits of AI in enhancing customer experiences.

Dealerships 52

Dealerships Principal ROI Management 52

AutoSuccessOnline

MAY 8, 2024

Mazda’s Retail Evolution program, in the market since 2014, is focused on uplifting customer experience through upscale, open-concept floor plans that offer a higher level of business transparency and customer satisfaction. “Throughout this journey, we have remained focused on elevating the in-dealership experience. .”

Dealerships 52

Dealerships Retail Principal Customer 52

AutoSuccessOnline

APRIL 24, 2024

This is Fairfield Automotive Partners’ third California dealership. The joint venture is between the Denver-based, family-owned Schomp Automotive Group and Third Set Partners, a family-owned African-American business. Fairfield Automotive Partners also owns and operates BMW of Fairfield and Volkswagen of Fairfield.

Principal 52

Principal Consulting Dealerships Electronics 52

AutoSuccessOnline

JUNE 18, 2024

Better Car People’s mission is to equip automotive dealerships and OEMs with digital solutions that streamline operations and enhance the customer experience,” stated Aaron Kleinhandler , BCP’s CEO. “We PDS helps with automotive dealership training and advanced software solutions.

Retail 52

Retail Principal Consulting Technology 52

AutoSuccessOnline

JUNE 10, 2024

As a result, traditional auto dealerships are under pressure to adapt their service models and customer approach to stay competitive and retain their customer base. He sees several prevailing challenges that hinder customer retention in dealership services. They don’t make the customers feel special.”

Consulting 52

Consulting Principal Repairing Dealerships 52

Motor Trader

NOVEMBER 15, 2024

He said: “I am a director of the Retail Automotive Alliance and we know from some of the discussions there that dealers are not doing the numbers that they had anticipated.” Peoples has the highest customer satisfaction score in the UK for BYD. Peoples began representing BYD in January and Omoda and Jaecoo followed in September.

Principal 59

Principal Deal Retail Development 59

Dealer World

JANUARY 9, 2024

Since its founding in 2014, the firm has led the industry with the sale of over 225 dealerships representing more than $7 billion in client proceeds, including the third largest transaction in auto retail history – the sale of Jim Koons Automotive Companies to Asbury Automotive Group.

Dealerships 83

Dealerships Sales Retail Principal 83

Canadian Auto Dealer

JANUARY 11, 2024

It’s easy to take for granted how much your car knows about you,” said Kurt Baumgartner, Principal Security Researcher at Kaspersky’s Global Research and Analysis Team, in a statement. The report, entitled “Is my car spying on me?”

Supply Chain 52

Supply Chain Principal Retail Technology 52

Terry Lancaster

MARCH 29, 2024

talk about how to close more car deals with special guest Chris Martinez, former Platform Director at Read More How To Sell More Cars With Radio Advertising 5 ways to sell more cars with automotive radio advertising that gets noticed, gets remembered, and gets them on the lot. It's car sales, and it doesn't have to be hard.In

Principal 52

Principal Dealerships Automotive Sales 52

AutoSuccessOnline

AUGUST 9, 2024

In today’s ever-changing and increasingly digital world, the automotive industry faces a growing array of operational challenges. F&I plays a crucial role in ensuring that customers leave the dealership satisfied, informed, and confident in their purchase.

Principal 52

Principal Insurance Dealerships Consulting 52

Canadian Auto Dealer

JUNE 3, 2024

We may have to tell a customer what type of fuel to put into the car, but for EV we have to explain about charging capacity, weather degradation and all of these new things that are not big deals at all, but for the average salesperson it’s a real shift in the way that they historically sold the products that we sell.” Decide for yourself.”

Sales 52

Sales Principal Retail Customer 52

Canadian Auto Dealer

MARCH 1, 2024

Customers simply wanted our new and used vehicles, regardless of the customer experience and price. Refine it: Recently a Canadian dealer principal shared with me that he paid out a $13,000 commission on a single vehicle sale (domestic pick-up truck). Expose customers to your sales process (be proud of it!) No surprises.

Consulting 52

Consulting Sales Principal Management 52

Terry Lancaster

OCTOBER 25, 2023

I’ve worked with thousands of dealer principals, managers, and salespeople providing proven strategies for making the cash register ring. I’ve been featured in Automotive News & Forbes, spoken at the NADA national convention and from the TedX stage, and came in second place at my Eighth Grade debate championship. Winner Winner.

Principal 52

Principal Dealerships Automotive Sales 52

DealerTrack Insights

DECEMBER 27, 2021

It’s the proverbial catchphrase of progress, and in the past 18 months, it’s practically become the new motto of automotive sales. Yet, a revealing look back at the 2020-2021 year in automotive revealed something fascinating. Going digital is a no brainer, for your customers at least. But, going at it alone?

Deal 52

Deal Marketing Principal Dealerships 52

Automotive Mastermind

JANUARY 12, 2023

“Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. The SAAR reading would be the lowest for a month since May 2022, bringing the full year’s U.S. sales volumes are expected to reach 14.8

Marketing 52

Marketing Supply Chain Dealerships Principal 52

Automotive Mastermind

NOVEMBER 18, 2022

One of the biggest keys to success for dealers in the automotive industry is to consistently keep up with their buyers’ preferences. This is an especially important tactic to maintain in today’s automotive retail space as trends have evolved quicker than ever. APR in August versus 5.4% for captives and 6.2%

Buyer 52

Buyer Finance Supply Chain APR 52

Terry Lancaster

AUGUST 18, 2023

Turn your daily commute into automotive sales training gold. What car sale audiobooks have helped you master the art of automotive sales? Audiobooks for car sales that keep you learning while the gas is burning. Share 0 Share 0 Tweet 0 The best car cales audiobooks Let's call it commuter college. That's a pretty good place to start.

Sales 52

Sales Principal Automotive Dealerships 52

Terry Lancaster

JUNE 28, 2023

Earlier this year they turned the tables and wrote about me in their expert panel profile series: Meet Terry Lancaster Keep scrolling for a completely incomplete list of my free automotive sales training via Dealer Marketing magazine. It's car sales, and it doesn't have to be hard.In How can I help you tell yours?

Marketing 52

Marketing Dealerships Principal Automotive 52

DealerTrack Insights

JUNE 26, 2024

To help guide you through this transition, we tapped into insights from Susan Moll, Vice President of Client Implementation at Cox Automotive. Dealer principals and general managers often postpone this move until it’s absolutely necessary.

Management 52

Management Principal Technology Dealerships 52

DealerTrack Insights

JANUARY 12, 2022

According to a recent 2021 Cox Automotive Study , the greater majority (more than half) of your business has shifted online. With 2022 already in full swing, automotive experts are quick to weigh in on new technology trends—with flashy bells and whistles—that promise to “revolutionize” your business like never before. Sound familiar?

Dealerships 52

Dealerships Technology Principal Management 52

VinSolutions

JULY 12, 2018

Keynote speakers and a customer panel will focus on a variety of topics relevant to auto dealerships today while breakout training sessions will go in depth on topics such as processes, desking and effective reporting. About Cox Automotive Cox Automotive Inc. If you are a VinSolutions user, it should be a must-attend event.

Principal 40

Principal Dealerships Management Automotive 40

Automotive Mastermind

FEBRUARY 11, 2022

According to a recent survey by CDK Global and NADA, 86% of dealership respondents plan on continuing to focus on customer experience despite inventory shortages – and 94% are reevaluating their sales processes with an eye on the future. Customer loyalty and pre-owned vehicle acquisitions also serve as key contributors to sales revenue.

Dealerships 52

Dealerships Supply Chain Principal Customer 52

Dealer World

NOVEMBER 8, 2023

Flow Automotive, with multiple dealerships in Charlottesville, proved to be a natural fit.” The Jim Price Auto Group, a family-run dealership group, was founded in 1968 by Henry James "Jim" Price in Charlottesville. Since the firm’s founding, Kerrigan Advisors has sold over 225 dealerships. and 14.6%, respectively.

Dealerships 40

Dealerships Principal Sales Retail 40