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F-150 Sales Slump Spurs Ford’s Controversial Dealer Incentive Plan

Carscoops

. “Why cause confusion among the dealers and customers because they won’t know what the price will be week to week? That’s what it is with stair-steps,” Rhett Ricart, CEO of Ricart Automotive Group in Ohio, said. I just want transparency.”

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Maximizing Sales with Dealer Incentives: A Guide to Manufacturer Offers

Shawn Ryder

Introduction In the competitive world of auto sales, dealer incentives play a pivotal role in driving the sale of certain vehicle models. Offered by vehicle manufacturers to dealerships, these incentives aim to boost sales of new cars, trucks, and SUVs through various special offers. What Are Dealer Incentives?

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AI in Video Content Creation for the Automotive Industry: Transforming Car Manufacturing

Turbo Marketing Solutions

Artificial intelligence (AI) is now a vital cog in the machine that is the automotive industry. AI is revolutionizing video content creation in the automotive sector through dynamic enhancements of vehicle photos, personalized dealership branding incorporation, and customization of targeted deals for individual customers based on CRM data.

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Five Cheapest New EVs In Q1 2024: All Under $41,000

Carscoops

Thanks to a combination of government and dealer incentives, consumers could buy these vehicles for less than $41,000. As prices have fallen for new EVs, they have also decreased in the used segment, reports Cox Automotive. However, the American automaker has been cutting prices aggressively this year. times more.

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Bread, Milk, And… A Chevy Equinox? How GM Is Using Costco To Boost EV Sales

Carscoops

GM says it sees value in using Costo Auto, the wholesaler’s automotive arm, at pushing its EV cars out to a demographic that is eager to get a deal. ” Currently, GM offers Costco members a $1,000 incentive on the Equinox, Blazer, and Cadillac Lyriq EVs through July.

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Understanding OEM Incentives in 2024

Automotive Mastermind

Keeping up with manufacturer incentives is important for dealers aiming to boost their bottom line and stay ahead in a challenging automotive marketplace. As this year unfolds for auto dealerships, understanding the small details of new OEM incentives becomes increasingly critical.

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Is there room to negotiate on a new (last year) car from the dealership?

Shawn Ryder

The landscape of automotive sales is frequently changing, influenced by consumer demand, dealer incentives, and seasonal trends. Slow Sales Months: The automotive industry typically experiences slower sales during certain months, such as winter. Dealers may be more willing to negotiate during these low-demand periods.

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