Motor Trader

MARCH 26, 2025

Automotive headhunter Ennis & Co Group has launched an Interim Talent service.The move is in response to a surge in demand by automotive groups for short-term placements at senior leadership level. The post Automotive headhunter sees growing demand for short-term executive placements appeared first on Motor Trader.

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AutoSuccessOnline

JANUARY 29, 2025

The integration, which is set to launch in Q2 2025, will enable dealerships to convert more repairorders by utilizing the Reynolds Retail Management System and Sunbit’s financing technology to leverage real-time data and prescreen customers at different stages of the service journey. billion-plusin revenue while helping more than 1.8

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AutoSuccessOnline

MARCH 10, 2025

Predictive analytics and automation simplify operations and boost efficiency across automotive OEMs. Artificial Intelligence (AI) has significantly improved two key areas of the automotive industry: consumer satisfaction and the employee satisfaction rates. In fact, it is the next horizon that simply cannot be ignored.

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Motor Authority

SEPTEMBER 10, 2024

Hoonigan's finances have hit the skids but the company is determined to stay in operation. The automotive entertainment and aftermarket parts business famous for its Gymkhana videos starring Ken Block announced on Monday that it has filed for chapter 11 bankruptcy protection with a court in Delaware.

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Carcloud Auto Group

MAY 3, 2025

Are you looking for auto loan near you: Car Cloud Auto Group has the Best Car Loan & Auto Financing in Stafford, VA | Apply Online Today” Searching for the perfect auto loan can feel overwhelming, especially with so many options out there. Discover how Car Cloud Auto Group can turn your automotive aspirations into reality today!

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Dealer World

DECEMBER 16, 2024

Following this sale, and the recent sale of Audi Lafayette and Audi New Orleans, Bohn Brothers Automotive also owns Toyota of Slidell. Stephen Dietrich and Brooke Sizer of Holland & Knight served as legal counsel to Bohn Brothers Automotive Group. Bohn in 1924 in New Orleans. Home to over 1.2 Crowe LLP was the sellers accountant.

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Auto Remarketing

JANUARY 8, 2025

For stakeholders in the automotive industry, particularly in the used car market, understanding how blockchain can reshape the sector is not just about keeping pace it’s about seizing opportunities for efficiency, transparency, and growth. Automate compliance: Regulatory compliance in finance is often complex and time-consuming.

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Machines with Souls

OCTOBER 20, 2024

The post Should you buy, lease, or finance this $117k BMW M4 Coupe? A new BMW M4 Coupe with a sticker price of $117,000 was left behind at a dealer. It's a lot for an M4, but this is about how you purchase it. appeared first on Machines With Souls.

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Motor Trader

MARCH 20, 2025

In automotive retail, where costs are escalating, operational streamlining is imperative. The automotive industry has traditionally been slow to adopt new technology, often citing concerns that digital solutions might erode the personal relationships that define car sales. In automotive retail, AI can transform customer interactions.

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Autoleadstar

JANUARY 1, 2025

This blog will focus specifically on why and how to leverage generative AI for automotive dealership marketing, including examples of what different AI tools can do for you and practical dealership GenAI prompts you can use to start leveraging the technology today. Offer exclusive incentives (financing, charging, accessories).

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AutoSuccessOnline

JANUARY 20, 2025

Cox Automotive Inc. As the automotive industry remains stable yet faces major market shifts in the coming year related to fair financing, vehicle electrification and omnichannel buying, dealers must prioritize compliance to protect consumers and themselves from risks.

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Carscoops

SEPTEMBER 5, 2024

VW’s finance chief has warned that it only has “one, maybe two years” to turn the main Volkswagen brand around. “The automotive industry has changed massively in the volume segment in just a few years,” Blume said, per The Guardian.

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Auto Remarketing

JANUARY 10, 2025

At the upcoming Auto Intel Summit in April, Cherokee Media Group is launching the Automotive Intelligence Awards , which expands the program previously known as the Emerging 8. Automotive Intelligence Awards: Emerging Companies. Industry leaders believe these firms are on the cusp of automotive innovation and tech development.

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Shawn Ryder

JANUARY 2, 2025

The digital landscape is constantly evolving, and as an automotive dealer, staying ahead of the curve is crucial for your success. In this blog post, we will explore the future of automotive digital marketing, focusing on trends, technologies, and actionable steps you can take to keep your dealership competitive.

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Dealer World

APRIL 10, 2025

in 2022, according to Experians State of the Automotive Market Q4 2024 Report. Experians State of the Automotive Market Q4 2024 Report also reveals that leasing rates are rising across most vehicle makes and is dominating in key markets including Michigan, New Jersey, and New York, highlighting its growing appeal. in 2023 and 17.2%

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Auto Remarketing

JANUARY 16, 2025

with panel of three experts who discussed not only automotive wholesaling, retailing and financing, but also the general state of the economy. The post PODCAST: Trio of experts on automotive & the economy appeared first on Auto Remarketing. Listen to the episode in the window below and stay tuned for more from UCW 2024.

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Motor Trader

DECEMBER 11, 2024

The just published IMI Automotive Vacancies Report shows that the motor trades vacancy rate has fallen month on month for the past four months. Vacancies in the motor sector have fallen to a three-year low, according to the latest official figures.

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Best Selling Cars Blog

OCTOBER 21, 2024

As the automotive industry propels into a future dominated by cutting-edge technology, electric vehicles (EVs) stand at the forefront of this transformation. This article delves into the key trends, obstacles, and growth potential that define the future of EVs in the automotive landscape.

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Carscoops

JANUARY 5, 2025

The complaint, filed jointly by the FTC and Maryland authorities, targets the Lindsay Automotive Group, comprising Lindsay Chevrolet of Woodbridge, Lindsay Ford of Wheaton, Lindsay Chrysler-Dodge-Jeep- Ram , and Lindsay Management Company, LLC, as well as three individuals, including company president Michael Lindsay.

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AutoSuccessOnline

NOVEMBER 26, 2024

Studies reveal that 80% of consumers avoid answering calls from unknown numbers, and this reluctance is especially strong in the automotive industry, where potential buyers fear high-pressure tactics. Customers often associate unsolicited calls with unwanted sales pitches or scams. This approach sets a positive tone for the interaction.

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Motor Trader

FEBRUARY 17, 2025

The deal was advised on by Castle Square Corporate Finance and Freeths, with funding from Barclays. A number of automotive businesses have revently been sold to Employee Ownership Trusts including Glyn Hopkin , Anderson Clark Motor Repairs and Helensburgh Toyota.

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Dealer World

FEBRUARY 24, 2025

Pittsburgh, PA February 24, 2025 Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Ascent Automotive Group in the sale of its Toyota of Greensburg, Pennsylvania dealership, in the Pittsburgh metropolitan area, to Jim Shorkey Auto Group. times the U.S.

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Motor Trader

APRIL 28, 2025

When data from sales, finance and aftersales is connected, dealers can build a 360-degree profile that reflects purchase history, servicing behaviour, and communication preferences. Robotic process automation (RPA) reduces errors in routine tasks such as finance approvals and service bookings.

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Auto Remarketing

MARCH 10, 2025

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

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Auto Remarketing

MARCH 13, 2025

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. Roberts, who is from Detroit, has a deep family background in automotive.

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Auto Remarketing

MARCH 14, 2025

As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

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Automotive Banking Retail Finance 52

Autoleadstar

APRIL 8, 2025

The April 2nd announcement of a 25% tariff on all imported passenger vehicles and auto parts is significant news for the automotive industry. Background on Automotive Tariffs Tariff increases, whether they apply specifically to the automotive industry or to other sectors, fall under Section 232 of the Trade Expansion Act of 1962.

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Auto Alert

APRIL 17, 2025

Learn where everything isshowroom, service department, finance offices, used car lot, customer lounges, etc. Sales managers, finance managers, BDC agents, service advisors, etc., You should also begin learning the basics of financing: key terms, calculating monthly payments, and common programs available to different credit profiles.

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Finance Deal Dealerships Management 69

Motor Trader

MAY 1, 2025

koda is the first European automotive brand to offer an Amazon car showroom. Customers can browse the full koda range, check local availability, request a test drive, and explore finance options before visiting a chosen koda retailer to make a purchase. With the click to drive experience, customers start their journey at the Amazon.co.uk

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Carscoops

MARCH 22, 2025

While you’ve been trying to keep your finances from going off the rails, luxury vehicles are having their moment again. Cox Automotive’s latest Kelley Blue Book report a rather surprising uptick in the number of people splurging on vehicles that cost six-figures. Acura $53,166 $50,857 4.5% Audi $64,591 $64,620 0.0%

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Dealer World

MARCH 18, 2025

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold for months.

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Shawn Ryder

MARCH 8, 2025

As automotive dealerships strive to thrive in a competitive landscape, a recurring question emerges: “Is this reasonable?” Customers conduct extensive online research before visiting a showroom, comparing prices, reading reviews, and exploring financing options. Inferior service can overshadow even the best pricing.

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AutoSuccessOnline

NOVEMBER 15, 2024

With so many dealership employees involved in customer communications over the phone — whether it be sales, service, finance, you name it — it can be hard to conceive of bringing these communication channels together. The company also created TestTrack, the automotive industry’s first AI-powered, immersive, customizable training platform. “At

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Dealerships Technology Retail Finance 97

Shawn Ryder

JANUARY 18, 2025

In the world of automotive financing, the term “cosigning” has become increasingly relevant, especially when it comes to purchasing a vehicle. This agreement allows individuals with less favorable credit traits to access financing options they may not otherwise secure. The general answer isit depends.

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Dealer World

MARCH 10, 2025

This partnership reinforces FORUM's dedication to offering members a diverse range of options and access to flexible and cost-effective vehicle financing solutions. "Our Partnering with FORUM Credit Union furthers our mission of expanding consumer access nationwide to leasings more affordable options.

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AutoSuccessOnline

MARCH 4, 2025

Sunbit announced it had achieved more than 50% market share among authorized automotive dealerships in the U.S., Over 90% of people who applied for financing through Sunbit technology were approved, and more than 75% decided to move forward with the financing offer. expanding its BNPL footprint in service and repair drives.

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Repairing Dealerships Finance Technology 52

Shawn Ryder

JANUARY 19, 2025

Understanding Year-End Sales Year-end sales in the automotive industry are typically driven by multiple factors, including inventory clearance, sales targets, and new model releases. As dealerships aim to clear their lots of older inventory, they often offer substantial markdowns, trade-in incentives, and financing deals to attract buyers.

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