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.

Finance 130

Finance Automotive 130

CarExpert

AUGUST 14, 2024

Two people have been arrested and charged following a New South Wales Police investigation into an alleged $10 million financing fraud scheme that targeted a Sydney automotive group. The Strike Force’s investigations were centred around an alleged criminal syndicate targeting automotive financing companies.

Finance 98

Finance Banking Deal Automotive 98

Motor Trader

JULY 31, 2024

Marriott Motor Group, Howards Motor Group, VR EPS Warrington, Phantom Motor Company, Eastern Western Group and Hippo Motor Group are among dealer groups who have signed up to Alphera’s motor finance code. Alex Royall, director of ALPHERA Financial Services, said: “The automotive sector doesn’t stand still, and neither do we.

Finance 101

Finance Customer Automotive 101

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.

Finance 94

Finance Repairing Manufacturing Deal 94

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.

Automotive 52

Automotive Retail Finance Term 52

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.

Finance 131

Finance Automotive Sales Marketing 131

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.

Supply Chain 52

Supply Chain Automotive Manufacturing Technology 52

Best Selling Cars Blog

JANUARY 14, 2024

When it comes to parting ways with your financed car , the decision between trading it in or selling it privately can be a daunting one. How to trade in a financed car? Trading in a financed car involves several steps to ensure a smooth and successful transaction. Is it a good idea to trade in a financed car?

Finance 130

Finance Asking Price Dealerships Term 130

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).

Automotive 52

Automotive Dealerships Marketing Finance 52

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.

Banking 52

Banking Automotive Retail Finance 52

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.

Automotive 52

Automotive Retail Finance Technology 52

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.

Automotive 75

Automotive Retail Sales Banking 75

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.

Technology 52

Technology Automotive Marketing Dealerships 52

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.

Retail 105

Retail Finance Automotive 105

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.

Buyer 116

Buyer Rebate Networking Insurance 116

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.

Supply Chain 130

Supply Chain Automotive Rebate Finance 130

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.

Customer 95

Customer Finance Dealerships Sales 95

Dealer World

OCTOBER 7, 2024

Fulfilling credit union projections recorded in CULA’s last survey in January, where 40% of respondents said they expected to see growth in their auto finance portfolio in 2024, 42% of credit union respondents reported year-over-year loan volume increases.

Finance 89

Finance Term Marketing Development 89

Shawn Ryder

FEBRUARY 7, 2024

Introduction As we step into 2024, the automotive market continues to evolve with a plethora of options for potential car buyers. This guide aims to provide comprehensive insights into selecting the right vehicle, understanding financing options, and effectively navigating dealership negotiations in 2024. Choosing the Right Vehicle 1.

Finance 98

Finance Mileage Limit Rebate APR 98

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.

Finance 59

Finance Technology Dealerships Customer 59

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.

Finance 75

Finance Insurance Term Marketing 75

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.

Dealerships 52

Dealerships Repairing Finance Technology 52

Turbo Marketing Solutions

SEPTEMBER 12, 2024

Staying ahead in the competitive world of automotive marketing requires more than just traditional strategies—it demands innovation powered by cutting-edge technology like Artificial Intelligence (AI). Let's take a closer look at how AI-driven chatbots are enhancing the customer experience in automotive marketing.

Automotive 91

Automotive Marketing Finance Customer 91

Shawn Ryder

OCTOBER 6, 2024

In today’s competitive automotive market, creating compelling digital advertising campaigns is essential for driving sales and attracting customers to your dealership. For example: “Get 0% Financing on New Models This Month!” Use strong action words and clear messaging about what you offer.

Automotive 104

Automotive Sales Networking Demographic 104

Turbo Marketing Solutions

FEBRUARY 6, 2024

Comprehending a client’s preferences, finances, and purchase motivations enables a tailored approach yielding high success rates. One crucial negotiation tactic for automotive professionals is to employ the "Anchoring" technique, setting a favorable reference point for price discussions.

Automotive 98

Automotive Sales Finance Extended Warranty 98

Dealer World

MARCH 4, 2025

How Machine Learning and Vertical AI are Reshaping Inventory Management and Sales Strategy DETROIT (March 4, 2025) Artificial intelligence is no longer an emerging technology in automotive retailits a necessity.

Retail 75

Retail Dealerships Technology Finance 75

Turbo Marketing Solutions

JUNE 18, 2024

Success in the automotive industry lies at the intersection of supplies and satisfying the customer demand. Creating high-converting landing pages for the automotive industry involves focusing on clear headlines, addressing pain points, using social proof, personalizing the page, and incorporating a single call-to-action. The secret?

Automotive 98

Automotive Dealerships Finance Customer 98

Auto Alert

JANUARY 24, 2024

The Feed: Navigating the Future of Automotive AI, Virtual Reality, and Hyper-Personalized Experiences by 2029 Welcome to a new episode of The Feed Podcast Featuring Jim Kaskade, CEO at Conversica. In this podcast, Jim and Charles dive deep into the transformative landscape of the automotive industry.

Automotive 104

Automotive Retail Finance Dealerships 104

Dealer World

DECEMBER 12, 2024

We are pleased to have completed our second transaction with Bohn Brothers, and their second luxury franchise in New Orleans most desirable automotive market, Metairie, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors. Crowe LLP was the sellers accountant.

Automotive 89

Automotive Retail Sales Banking 89

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

Dealerships 97

Dealerships Technology Customer Retail 97

Shawn Ryder

MARCH 2, 2025

Industries such as healthcare, finance, marketing, and automotive are increasingly integrating AI into their daily operations. The automotive sector particularly showcases how AI is transforming customer engagement through personalized marketing and enhanced service delivery.

Finance 59

Finance Technology Automotive Marketing 59

Turbo Marketing Solutions

JUNE 13, 2024

Boosting conversion rates in the automotive industry starts with a deep understanding of what these rates are. The average conversion rate in the automotive industry is approximately 4%. Now, let's delve into the pivotal factors that contribute to conversion rates in the automotive industry.

Automotive 94

Automotive Dealerships Finance Customer 94

Turbo Marketing Solutions

JUNE 18, 2024

Automotive lead generation tactics are evolving, largely owing to cutting-edge technologies like predictive analytics. Our expert analysis predicts an increased emphasis on AI-driven personalization in automotive lead generation, along with a surge in virtual test drive experiences as a key lead conversion tool.

Automotive 94

Automotive Technology Dealerships Customer 94

Dealer World

JANUARY 20, 2025

This represents the sale of the final of four dealerships in the Bohn Brothers Automotive Group, including Audi of New Orleans, Audi Lafayette, Hyundai Genesis of Metairie and Toyota of Slidell. We are confident that the dealership will thrive under the leadership of Carlock Automotive. Founded by George W.

Automotive 89

Automotive Sales Retail Banking 89

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.

Finance 52

Finance Modification Term Buyer 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.

Deal 52

Deal Sales Quota Finance 52

Turbo Marketing Solutions

JULY 30, 2024

Generating high-quality leads in the automotive industry is no small feat. To pinpoint your ideal customers more effectively, you need tactical precision and strategic insight specific to the automotive domain. Additionally, integrating with automotive CRM systems and focusing on local SEO can greatly enhance lead generation efforts.

Automotive 97

Automotive Marketing Insurance Management 97