Motor Trader

MAY 31, 2024

Aston Martin has selected Lloyds Banking Group as its retail finance provider for UK vehicle sales. The new partnership will operate as Aston Martin Financial Services, the registered trading name of Lloyds Banking Group’s motor finance business, Black Horse. The partnership will support Aston Martin’s growth.

Banking 99

Banking Finance Retail Customer 99

Carscoops

MARCH 13, 2025

Rivian and Chase Bank launched a buyback scheme for Fisker Ocean owners. It’s been months since Fisker pulled the plug and left its customers high and dry, but now, there’s a glimmer of hope for those who were left holding the bag. Fisker owners can sell their car to Rivian or even use it in a trade for a new EV.

Deal 119

Deal Down Payment Banking Buyer 119

Carscoops

DECEMBER 7, 2024

A new report claims retailers could bank thousands of dollars on every 2024 / 2025 Charger Daytona they sell, and that’s before the inevitable markups enter the conversation. The official invoice price for one of those is $61,746, so if the dealer sells at MSRP, he could bank $3,246. For dealerships, it’s a windfall.

MSRP 105

MSRP Banking APR Retail 105

Carscoops

DECEMBER 10, 2024

A new report from Deutsche Bank says Tesla plans to use remote drivers for robotaxis in 2025. On December 5, Deutsche Bank hosted an Autonomous Driving Day in New York City, featuring Tesla executive Travis Axelrod. Now, we know more about that plan based on documents from the Deutsche Bank meeting reviewed by Carscoops.

Banking 111

Banking Development Customer 111

Automotive Addicts

NOVEMBER 26, 2024

With unemployment skyrocketing and banks failing, few Americans had the financial means to purchase vehicles, especially premium ones. Banks no longer issued auto loans, forcing buyers to rely solely on cash transactions, which most could not afford.

Banking 98

Banking Manufacturing Automotive Buyer 98

Car Examer

DECEMBER 3, 2024

Let’s break down what happened and how it might affect car finance customers. Because many car dealers have been earning hidden commissions from lenders without telling their customers. These commissions were rarely disclosed, leaving customers in the dark about potential conflicts of interest.

Finance 59

Finance Customer Deal Banking 59

Autocar

MARCH 6, 2025

The company, which is owned by four major banks including Barclays and HSBC, blamed rises in the cost of servicing, insurance and new cars, including EVs. As a result, the firm said the increases in its costs will result in new customers paying higher advance lease payments. billion in 2023 to 6.9bn last year.

Lease Payment 137

Lease Payment Insurance Pre-Qualify Banking 137

CarExpert

NOVEMBER 22, 2024

Toyota Australia is keen to reclaim the large SUV sales crown it will lose to the Ford Everest for the first time this year, and it’s well on the way with a solid order bank and an even bigger number of new-generation LandCruiser Prado 250 Series vehicles on their way Down Under in the next 12 months.

Banking 98

Banking Retail Deal Sales 98

Motor Trader

MARCH 20, 2025

There is a pressing need to find efficiencies across businesses, and technology can support margins while enhancing the customer experience. Automated customer relationship management (CRM) systems can streamline sales processes, enhancing lead conversion rates while reducing administrative overhead.

Retail 98

Retail Banking Finance Technology 98

Autocar

NOVEMBER 13, 2024

The move comes after some car makers paused sales in the wake of the Court of Appeal judgement, which also threw banks and dealers into a state of disarray, given that it effectively bans dealers from profiting on finance deals unless the buyer gives their consent.

Finance 64

Finance Buyer Banking Insurance 64

Carscoops

DECEMBER 5, 2024

Mercedes is embracing customization and opening a new Manufaktur Studio in Germany, which will enable visitors to see custom components installed in their vehicle. The company also announced a new PixelPaint technology, which will usher in a new era of custom paint jobs.

Customer 116

Customer Banking Manufacturing Technology 116

CarExpert

JANUARY 5, 2025

Having said that, Toyota will continue to focus on quality sales and providing customers with the best experience. I can assure you our order bank remains strong, so we are optimistic for the future. per cent market share. Despite rampant competition, Mr Hanley is adamant there is scope for further sales growth at Toyota.

Sales 105

Sales Banking Networking Deal 105

Carscoops

OCTOBER 20, 2024

An employee from a family-run dealership in Florida was convicted of carjacking a customer. In the world of car dealerships, payment disputes typically unfold with a few phone calls to the bank or a stack of paperwork behind closed doors, not in the streets with threats and guns. Department of Justice.

Customer 122

Customer Finance Banking Dealerships 122

Motor Trader

FEBRUARY 5, 2025

Zopa Banks 2025 UK car dealerships survey has revealed dealer business priorities and the industrys key challenges. Tim Waterman, chief commercial officer at Zopa Bank, said: “Zopas 2025 UK car dealership survey captures a need to meet customers where they are online, offline and in between.

Banking 59

Banking Finance Dealerships Customer 59

Drive.com

MARCH 24, 2024

“We delivered one to our first customer in Canberra … who’d openly told us that they’d been waiting for Toyota to bring out a BEV, they wanted a BEV for quite some time, but they wanted to wait, and when they realised we’re bringing one in, they waited. “So, You’ll see those customers. And some new ones, maybe.

Customer 111

Customer Banking Networking Buyer 111

Shawn Ryder

APRIL 19, 2025

In the picturesque region of East Bank, West Virginia, local car dealerships are increasingly recognizing the power of digital marketing to transform their business practices and drive sales. The automotive market is fiercely competitive, and being able to stand out digitally is crucial for attracting local customers.

Banking 52

Banking Dealerships Marketing Demographic 52

Shawn Ryder

APRIL 12, 2025

The automotive industry is undergoing a transformative shift, particularly in rural and semi-rural areas like Paint Bank, Virginia. By employing effective digital strategies, dealerships can not only augment visibility but also drive customer engagement and sales. This involves understanding what potential customers are searching for.

Banking 52

Banking Dealerships Marketing Customer 52

Carscoops

JANUARY 9, 2025

VW has also announced it’s offering a $10,500 customer bonus for those who lease or purchase a new and unused 2024 ID.4. Thanks to this cut from the old 6.9% APR / 72-month financing deal on the ID.4 4 S Plus to this new 0% APR could represent a saving of up to $12,300. All current deals are valid until March 3, 2025.

APR 98

APR Gap Insurance Banking Finance 98

Motor Trader

FEBRUARY 6, 2025

Our retailers go above and beyond to ensure each of their customers feel valued, and tonights winners are a shining example of the type of retail excellence we strive for across the BMW Group. Winners were selected across other categories, from Sales, Customer, Used Cars and Electric.

Retail 85

Retail Banking Customer Sales 85

CarExpert

DECEMBER 17, 2024

per cent to under 36 per cent last year leaving the Japanese brand searching for a long-term, steady shareholder such as a bank or insurance group to provide financial stability. Between January and November 2024, Nissan delivered 41,060 vehicles to Australian customers. billion yen (~A$3bn) to 32.9 billion yen (~A$334 million).

Banking 98

Banking Insurance Networking Deal 98

CarExpert

MARCH 13, 2024

“In the future, we are planning to carefully evolve our model portfolio to accelerate the opportunity for all customers to reduce their carbon footprint, ensuring we deliver on Toyota’s commitment to provide mobility for all and leave no one behind on this journey.”

Banking 105

Banking Sales Marketing Customer 105

Shawn Ryder

FEBRUARY 11, 2025

In today’s digital landscape, car dealerships in Banks, Alabama, have a unique opportunity to leverage digital marketing strategies that can significantly enhance their visibility and sales. As a small community, Banks offers a tight-knit market where local engagement can make all the difference in attracting customers.

Banking 52

Banking Dealerships Marketing Customer 52

Carscoops

MARCH 1, 2025

kWh Battle Born lithium battery bank as well as 600W worth of roof-mounted solar panels. This enables customers to easily add an additional 300W worth of solar panels. Another big concern when going off-grid is water use, so Airstream took that into consideration as customers can order an optional composting toilet.

Banking 66

Banking Customer 66

Motor Trader

OCTOBER 25, 2024

The Court of Appeal has upheld an appeal against Close Brothers, First Rand Bank and MotoNovo Finance ruling that motor dealers acting as credit brokers have a duty of loyalty to their customers. In September, we extended the pause, in part, so we could account for the outcome of legal cases that may be relevant to our review. “We

Finance 122

Finance Banking Customer Marketing 122

Call Revu

FEBRUARY 28, 2025

Why Cybersecurity is Critical for Auto Dealerships And this ripple effect can be felt straight through to customer relations, Security Intelligence adds, dealerships are likely to incur a significant impact on their customer loyalty. Financial Data: Credit card details, bank information, and credit scores for financing applications.

Dealerships 68

Dealerships Retail Banking Finance 68

CarExpert

JANUARY 9, 2024

Scammers recently defrauded Mercedes-Benz Australia customers of more than $270,000 by intercepting email invoices and changing their BSB and account details, in what appears to be the same way. “The dealership has subsequently provided the customer with support, going above and beyond despite no involvement in the incident.

Buyer 119

Buyer Banking Customer Dealerships 119

Dealer World

MARCH 25, 2025

The report noted that beginning in 2023 and continuing into 2024, there has been an increase in suspicious activity reported by financial institutions, describing the suspected use of deepfake media in fraud schemes targeting their institutions and customers. About The Author Tom Oscherwitz is Informeds General Counsel.

Banking 77

Banking Networking Customer Development 77

Autosoft

JANUARY 2, 2025

Perhaps the biggest challenge is finding a dealer management system that doesn’t break the bank but still gets the job done. Wheres the technology that fits your budget while keeping customers happy and operations smooth? You can add local shops or users without breaking the bank.

Dealerships 52

Dealerships Banking Technology Sales Goals 52

AutoSuccessOnline

MARCH 3, 2025

Rose Bryant will join the team as assistant vice presidentof corporate operations and risk management on March 10, 2025, overseeing all aspects of the companys flooring, titles and records, customer care and risk departments. Bryant has been with Cox Automotive since 2017.

Banking 52

Banking Retail Management Customer 52

Shawn Ryder

APRIL 17, 2025

In your first month, focus on creating a consistent brand identity that resonates with your target customers. Craft a Marketing Strategy Marketing is vital for customer acquisition. Content Creation: Generate valuable content that addresses customer pain points and positions your business as a trusted resource.

Networking 59

Networking Banking Customer Development 59

Dealer World

DECEMBER 19, 2024

Led by a team of veteran industry experts with backgrounds in investment banking, private equity, accounting, finance and real estate, Kerrigan Advisors does not take listings, rather they develop a customized sales approach for each client to achieve their personal and financial goals.

Sales 88

Sales Retail Banking Dealerships 88

Best Selling Cars Blog

MAY 13, 2024

Cryptocurrency: Transforming Automotive Finance In the past, automotive financing involved a bank, credit union or any other company that deals with loans for vehicle purchases. Moreover, digital credits might have quicker approval processes and more adaptable conditions than standard financial lending.

Finance 130

Finance Automotive Banking Deal 130

Motor Trader

DECEMBER 11, 2024

The Court of Appeal h ad upheld an appeal against Close Brothers, First Rand Bank and MotoNovo Finance, ruling that motor dealers acting as credit brokers have a duty of loyalty to their customers.

Finance 52

Finance Banking Customer 52

Drive.com

MARCH 20, 2024

According to a major bank, in the past year one in five car loans were used for electric or hybrid vehicles – with the Tesla Model 3 and Model Y considered the most popular among customers. One of Australia’s largest banks says electric vehicles purchased on finance has increased by 37 per cent in the last six months.

Banking 105

Banking Finance Customer Management 105

Canadian Auto Dealer

MARCH 10, 2025

We talked to the banking leaders for automotive from five banks who do regular business with dealers and their customers to get their perspectives. Grant Simons, VP & Head, RBC Automotive Finance RBCs Grant Simons said the bank is feeling optimistic about 2025.

Banking 95

Banking Pre-Qualify Finance Deal 95

Carscoops

AUGUST 19, 2024

These fake citations lead users to fraudulent websites that ask for their banking details. A clever new phishing scam is making the rounds in North American cities, using fake parking tickets to trick unsuspecting drivers into handing over their banking information. It’s a new low, even for lowlifes.

Banking 116

Banking Spread Customer 116

AutoSuccessOnline

APRIL 18, 2025

So, let me ask: Who loses the most when a cyberattack siphons off financial and customer data from your store, from whatever system in whatever department the data Pac Man got into your network? The ripple effect is vast, but the loss is in the owners investment, retirement plans and shareholder, stakeholder and market confidence.

Networking 52

Networking Banking Management Dealerships 52