Turbo Marketing Solutions

APRIL 9, 2024

This helps dealerships enhance transparency and accuracy in pricing, leading to better customer satisfaction and improved returns on investment How AI is Revolutionizing the Automotive Pricing Process In the past, deciding on a price for a car was a long and labor-intensive process. But today, AI is changing this entire process.

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AutoSuccessOnline

SEPTEMBER 20, 2024

Lotlinx announced results of its latest industry survey, which took the pulse of today’s auto retailers in understanding how they are managing inventory carryover strategies, and where they are seeing the greatest challenge with markdowns as it relates to aging inventory. Click here to see the full survey results infographic.

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Extended Warranty Retail Management Technology 52

Drive.com

APRIL 8, 2024

The used electric car market in Australia is still in its infancy but growing steadily, according to 2023 data from automotive insights company AutoGrab. According to data shared by Autograb and the Australian Automotive Dealers Association (AADA), used EVs more than two years old see a substantial drop in their retained resell value.

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Repairing Insurance Extended Warranty Manufacturing 111

AutoSuccessOnline

SEPTEMBER 16, 2024

Vehicle Service & Warranty Lifecycle Summit Series is back, poised to bring together leading automotive, powersport, bus, truck, construction and agricultural OEMs, parts and equipment suppliers, their retailers, dealers, distributors, logistics and services providers for networking, benchmarking and insights.

Supply Chain 52

Supply Chain Logistics Extended Warranty Networking 52

Shawn Ryder

MARCH 13, 2024

This warranty covers defects in materials and workmanship for a specified period after the purchase date, providing consumers with peace of mind regarding the product’s quality. These contracts offer additional protection beyond what the manufacturer’s warranty covers, such as repairs, maintenance, and other services.

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Automotive Mastermind

SEPTEMBER 16, 2022

The ongoing conversations surrounding unexpected shifts in the automotive industry are not likely to slow down anytime soon. By analyzing how the automotive industry has evolved, dealership managers can better train their sales team and, in turn, ensure upward trending sales for the future.

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Automotive Mastermind

DECEMBER 15, 2023

The future of the automotive retail industry is undergoing a significant transformation, ultimately changing how dealerships operate and communicate with customers. Industry-wide Brand Loyalty Stalls While retail advertised inventories have risen substantially, brand loyalty has not followed.

Dealerships 52

Dealerships Retail Extended Warranty Buyer 52

Shawn Ryder

FEBRUARY 7, 2024

The automotive industry is rife with specific terminology that can be confusing to the uninitiated. The F&I manager will also offer additional products such as extended warranties and GAP insurance. MSRP (Manufacturer’s Suggested Retail Price) The price that the manufacturer recommends the dealership sell the car for.

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Drive.com

AUGUST 29, 2024

A new incomer has usurped the crown for the longest warranty coverage in Australia, but other brands are still looking to compete. But which brands are ahead of the race when it comes to the longest warranties on offer? Kia Australia CEO Damien Meredith has cited Kia’s extended warranty as a key factor in the brand’s growth. “If

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Drive.com

JULY 26, 2024

Drive sat down with Michael McKenna, the Industry Policy Advisor of the Victorian Automotive Chamber of Commerce (VACC) , to learn about the ins-and-outs of demo cars and what consumers need to know before purchasing. ” It’s also worth noting the manufacturer’s warranty begins when the vehicle is first registered.

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Manufacturing Extended Warranty Retail Dealerships 61

Shawn Ryder

JANUARY 13, 2024

Trends Digital Transformation The automotive industry is undergoing a digital transformation, and car sales professionals need to adapt to these changes. Terminology MSRP MSRP stands for Manufacturer’s Suggested Retail Price. Online research and virtual showrooms have become increasingly popular among car buyers.

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Sales Mileage Limit Extended Warranty Finance 52

Automotive Mastermind

NOVEMBER 3, 2023

New to Market With the rise of digital retailing, dealership’s primary market area (PMA) has expanded significantly, offering greater room for variability and growth. According to U.S. census data , the share of movers from a different state or county rose by 2.4 to 4.9% – the highest since 2018.

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Buyer Extended Warranty Dealerships Repairing 52