Women Automotive Network

JUNE 13, 2024

The Panel Jennifer Brace , Chief Futurist, Ford Motor Company Brandon Faurote , VP Advanced Design, Stellantis North America Marian Maroki , Buyer, Exhaust Systems, General Motors Stephanie May, Commercial Director, Women Automotive Network Meet the Panelists Jennifer Brace : Jen is the Chief Futurist at Ford Motor Company.

Automotive 130

Automotive Women Supply Chain Networking 130

Autocar

APRIL 1, 2024

Chinese firm is "keen to have" Dacia Spring rival in UK, and sees suitable space in its line-up BYD’s UK bosses are keen for the company to offer the low-cost BYD Seagull electric car to British buyers. We’re switched onto supply chain and logistics and ‘build our own’“ when it comes to components.

Supply Chain 109

Supply Chain Logistics Cargo Networking 109

Carscoops

FEBRUARY 26, 2024

Among the many challenges brought about by the pandemic was the erosion of customer loyalty, prompting new vehicle buyers to explore various options. However, as supply chains have returned to something resembling normal, consumer behaviors, including loyalty, have also begun to stabilize.

Supply Chain 116

Supply Chain Manufacturing Customer Dealerships 116

Carscoops

FEBRUARY 9, 2024

However, one notable absence is America, where buyers cannot access it. In addition to this challenge, Nissan is contending with rising interest rates and bottlenecked supply chains, which are hindering its ability to meet the demand for cars in the U.S. percent increase in sales. . percent increase in sales.

Supply Chain 111

Supply Chain Technology Customer Marketing 111

Turbo Marketing Solutions

MARCH 4, 2024

This gives dealerships a powerful tool because they can foresee what customers might do and plan ahead. Now, instead of guessing what customers want, dealerships can make marketing plans that fit each customer's likes perfectly. This level of customization helps optimize inventory management and personalize marketing efforts.

Customer 93

Customer Dealerships Sales Management 93

CarExpert

JANUARY 12, 2025

Australias biggest auto brand, Toyota, said it was impacted by the issue and hoped to reduce delays for customers. At the height of the previous supply chain crisis, Ford leased a dedicated vessel to expedite the shipment of these in-demand models. “We thank our customers for their patience as we deal with the situation.

Shipping and Transportation 98

Shipping and Transportation Logistics Supply Chain Lessee 98

Drive.com

MARCH 29, 2024

Toyota is wary of wait-time dissatisfaction and has implemented new measures to ensure potential Prado buyers are not put through what many RAV4 Hybrid customers experienced during the pandemic. We don’t believe that’s in the best interests of our customers going forward. We’ve had a hard run in the last couple of years.

Supply Chain 98

Supply Chain Banking Customer Buyer 98

Car Examer

JANUARY 10, 2025

From economic pressures to supply chain hiccups, its been a tough year for the entire industry. Mercedes-Benzs electric vehicle (EV) lineup showed impressive growth, proving that the brands shift toward electrification is striking a chord with customers. But not all the news is bad. Whats Driving EV Success?

Supply Chain 59

Supply Chain Sales Buyer Finance 59

Drive.com

DECEMBER 17, 2024

The first batch of BYDs dual-cab ute is on its way to Australia as the local importer plays catch-up after 5000 orders, but says its not concerned about supply. Yet the Smitherman was confident customers wouldnt be waiting and more than enough Shark 6 stock will be available for its expanding dealer network and growing number of customers.

Supply Chain 73

Supply Chain Networking Customer Sales 73

Dealer World

MARCH 25, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. Dealers knew they could make up the profit upon resale simply because supply was low for customers as well.

Management 81

Management Supply Chain Retail Customer 81

Auto Remarketing

MARCH 18, 2024

This scarcity has underscored the resilience of traditional car retail methods, but as the industry evolves, a pivot towards a more omni-channel, customer-centric approach is inevitable. The pandemic’s impact on car supply The initial outbreak of COVID-19 brought the global automotive industry to a near standstill.

Retail 98

Retail Supply Chain Consulting Dealerships 98

Turbo Marketing Solutions

SEPTEMBER 6, 2024

Interestingly, while online research has surged—with 92% of buyers conducting pre-purchase research—79% still prefer visiting dealerships in person. Modern car buyers are placing increasing importance on sustainable solutions, and this significant uptick in EV sales is a strong signal of their commitment towards eco-friendly mobility.

Automotive 96

Automotive Marketing Sales Supply Chain 96

Automotive Mastermind

FEBRUARY 17, 2023

As dealerships’ new and used vehicle inventories slowly begin to normalize, now is the time for automotive industry dealers to focus on proactively retaining their loyal customers and improving retention. light vehicle market has risen slightly alongside days’ supply to 50.3% While brand loyalty in the U.S.

Customer 52

Customer Dealerships Supply Chain ROI 52

Automotive Mastermind

NOVEMBER 18, 2022

One of the biggest keys to success for dealers in the automotive industry is to consistently keep up with their buyers’ preferences. By looking at industry trends and data, auto dealers are empowered to navigate today’s evolving automotive market and adapt to changing customer buying behaviors. APR in August versus 5.4%

Buyer 52

Buyer Finance Supply Chain APR 52

Auto Remarketing

SEPTEMBER 1, 2024

But if the longshoreman strike on the East Coast and Gulf ports goes forward, the car market could face an even bigger challenge — a double whammy of supply chain disruptions,” Caputo wrote on LinkedIn. Dealers need to be prepared for a wave of customers who will gradually enter the market, depending on when their claims are settled.

Supply Chain 80

Supply Chain Consulting Repairing Insurance 80

Automotive Mastermind

MAY 26, 2022

At the same time, diminished customer loyalty and extended path to purchase due to production delays and inventory shortages are emphasizing why it’s so important for dealers to stay in consistent communication with customers. Customer loyalty has also taken a dip in recent months, with brand loyalty among U.S.

Customer 52

Customer Supply Chain Dealerships Logistics 52

Autocar

FEBRUARY 29, 2024

However, in 2023 the tide finally began to change as strained supply chains regained their strength, consumer confidence snowballed, and inflation began to drop. It is hoped that, as new EV sales grow, more will continue to trickle down to the used market, freeing up ICE used car supplies. The result: a healthy 17.9%

Supply Chain 100

Supply Chain Retail Manufacturing Logistics 100

Automotive Mastermind

JUNE 17, 2022

Now, amid inventory shortages and historically high vehicle prices, nurturing a dealership’s automotive customer retention program against competitor’s conquest attempts has become key – critical to both immediate and long-term success. buyers dropping to a six-year low in 2021.

Customer 52

Customer Dealerships ROI Term 52

Automotive Mastermind

MARCH 31, 2023

Looking ahead, it’s important for dealers to assess their performance across multiple departments, including: Service drive Inventory Customer loyalty Sales and beyond By doing so, they can identify areas where they have done well and where they need to improve.

Supply Chain 52

Supply Chain Dealerships Customer Management 52

Automotive Mastermind

SEPTEMBER 1, 2023

Aside from the obvious, as a source of transportation, the industry as a whole fuels innovation, creates endless employment opportunities and drives tech advancements from a unique perspective for active customers. For the most part , buyers are still holding onto the extra money they may have saved during the COVID-19 pandemic.

Supply Chain 52

Supply Chain Automotive Sales Dealerships 52

Turbo Marketing Solutions

FEBRUARY 5, 2024

This isn't sci-fi; it's what custom GPTs , or Generative Pre-trained Transformers, are bringing to the automotive world today. In an industry as competitive as auto sales, using custom GPTs is like adding a powerful engine under the hood of your marketing strategy. And when it comes to video content?

Customer 52

Customer Dealerships Automotive Sales 52

Autocar

FEBRUARY 5, 2024

There have been signs that demand for EVs has softened as firms look to expand sales from early adopters to the mass market, with those buyers put off in part by higher prices, while manufacturers are concerned about lower profit margins. “The So at least we as Volvo Cars in the premium segment have already reached parity in margins.”

Supply Chain 59

Supply Chain Manufacturing Development Sales 59

Shawn Ryder

SEPTEMBER 28, 2024

When potential buyers can access verifiable information about a vehicle’s past, decisions are made with more confidence, ultimately improving customer satisfaction. Traditional methods of verifying a customer’s identity can be vulnerable to document forgery and other forms of deceit.

Technology 52

Technology Supply Chain Finance Dealerships 52

Shawn Ryder

JUNE 30, 2024

How do car dealerships typically attract customers in the traditional model? The showroom floor is the battleground where salespeople engage with customers, trying to navigate them towards a deal. In what ways can technology integration enhance customer service and satisfaction in the automotive industry?

Technology 52

Technology Dealerships Supply Chain Finance 52

Auto Remarketing

OCTOBER 24, 2023

However, with the current erratic economy brought on by the vagaries of supply chain disruptions and the looming labor strikes, embracing the power of data can be the difference between success and struggle for dealerships. Utilizing data can considerably streamline the process of ordering custom work trucks.

Supply Chain 52

Supply Chain Dealer Invoice Finance Dealerships 52

AutoSuccessOnline

JUNE 4, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. Dealers knew they could make up the profit upon resale simply because supply was low for customers as well.

Management 52

Management Supply Chain Retail Customer 52

Drive.com

APRIL 14, 2024

Recent research by the Australian Automotive Dealer Association (AADA) has shown that more and more people are holding on to their existing vehicles due to tough times financially, with industry bodies concerned that, while the bump in custom might be good for small businesses, it comes at the cost of safety.

Supply Chain 66

Supply Chain Repairing Bump Finance 66

AutoSuccessOnline

NOVEMBER 24, 2024

A 2023 McKinsey survey found that a third of buyers want to purchase their next vehicle online, citing “speed” and “simplicity” as major factors. In the automotive supply chain, ongoing shortages create unpredictable delays for manufacturers and make it difficult for dealers to receive inventory.

Supply Chain 52

Supply Chain Retail Customer Dealerships 52

Motor Trader

JUNE 25, 2024

“The safety, performance and build quality of the marque are clear for customers to see. That’s driven strong interest and good sales across private individuals and fleet buyers.”

Supply Chain 52

Supply Chain Manufacturing Dealerships Development 52

Shawn Ryder

SEPTEMBER 28, 2024

The Importance of Understanding International Market Trends Global Innovations Shaping Local Approaches Understanding international market trends is crucial for local dealerships to remain competitive and responsive to customer needs.

Marketing 52

Marketing Supply Chain Dealerships Finance 52

AutoSuccessOnline

MARCH 20, 2024

Unlike outdated online platforms that mirrored print catalogs and failed to capture the nuances of work truck configurations, modern data-driven systems empower both dealers and customers with a more intuitive and tailored approach to vehicle selection. Utilizing data can considerably streamline the process of ordering custom work trucks.

Dealer Invoice 52

Dealer Invoice Supply Chain Finance ROI 52

Auto Remarketing

JANUARY 8, 2025

This innovation could: Reduce fraud: By ensuring that all data related to a vehicles past cannot be altered, dealers and buyers can trust the information, reducing the risk of misrepresentation in vehicle sales. Imagine a system where every vehicles maintenance, ownership, and accident records are securely recorded on a blockchain.

Automotive 52

Automotive Supply Chain Finance Consulting 52

AutoSuccessOnline

FEBRUARY 27, 2024

Even as supply chain issues continued to dissipate, new challenges emerged, including the ongoing threat of a potential recession, persistently high inflation and the effects foreign conflicts continue to have on financial markets. In a separate category, 89.2%

Customer 40

Customer Supply Chain Retail Dealerships 40

Autoleadstar

FEBRUARY 4, 2024

Leading automotive manufacturers are integrating AI into their operations, leveraging its potential to gain a competitive edge, and offering customers unparalleled, personalized experiences. AI has revolutionized traditional automotive practices by optimizing manufacturing processes, reducing costs, and enhancing supply chain management.

Automotive 52

Automotive Supply Chain Manufacturing Dealerships 52

Shawn Ryder

SEPTEMBER 12, 2024

As we move into 2024, the automotive industry is witnessing rapid transformations that are reshaping how dealerships operate and interact with customers. Emerging technologies are paving the way for enhanced customer experiences, streamlined operations, and improved sales processes. Train your staff to use the system effectively.

Technology 52

Technology Dealerships Automotive Supply Chain 52

CarExpert

DECEMBER 3, 2024

Ford Australia has cancelled its plans to introduce the just revealed Puma Gen-E small electric SUV as part of its ongoing electrification strategy, following confirmation of the new Transit Custom Plug-in Hybrid commercial van. ” 100s of new car deals are available through CarExpert right now.

Supply Chain 52

Supply Chain Customer Deal Marketing 52

Car Examer

DECEMBER 25, 2024

From electric vehicles (EVs) to advanced tech, the merger could have a huge impact on car buyers, industry players, and the future of driving. Financial Pressures Building innovative cars isnt cheap, and rising production costs, supply chain issues, and the need for advanced technologies have made it harder to stay competitive.

Supply Chain 59

Supply Chain Technology Automotive Buyer 59