Autoleadstar

APRIL 8, 2025

While its challenging to predict the precise impact of these tariffs, several significant concerns have emerged, including the potential for rising vehicle prices, supply-chain disruptions, and low inventory levels that echo the not-so-distant COVID-19 pandemic.

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Automotive Supply Chain Dealerships Manufacturing 52

Carscoops

JUNE 4, 2024

Related: 2025 Volvo EX90 Combines Electric Power With Three-Rows For $76,695 But the passport will also show information about a battery ’s health, which will help provide peace of mind for buyers when the cars hit the used market, and make it easier to assess the value of a used EV.

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Canadian Auto Dealer

APRIL 22, 2025

Canadian auto dealer asked CADA some questions during the press event, and Reuss expanded on the impact that changing regulatory standards would have on models and choices from Korea, Japan, and European OEMs that would be available for Canadian buyers. So theres yes confusion, but thats turning into action at dealerships across the country.

Automotive 52

Automotive Supply Chain Manufacturing Banking 52

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. In 2022, brand loyalty stood at 50.2

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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%

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Auto Remarketing

MARCH 18, 2024

Dealerships that embrace this change are poised to thrive in the new era of automotive retailing. The pandemic’s impact on car supply The initial outbreak of COVID-19 brought the global automotive industry to a near standstill.

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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.

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Automotive Supply Chain Sales Marketing 97

DealerTrack Insights

APRIL 25, 2022

With threats against your bottom line, people poaching your top talent, and inventory dwindling every time you take count, it might feel like the challenges facing your dealership just keep adding up! Here are just a few… Supply Chain Shortages It’s no secret that inventory is taking a hit from industry-wide supply chain shortages.

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Call Revu

JANUARY 27, 2025

By leveraging data from previous purchases , online interactions, and even social media, car dealerships not only increase operational efficiency, but also create a highly personalized buying experience. But the benefits of technologys biggest breakthrough to date do not end with the dealership.

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Auto Remarketing

SEPTEMBER 1, 2024

is creating a storm that dealership managers could be seeing for the foreseeable future. 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. Don’t forget the parts,” Caputo said.

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Full Path

NOVEMBER 21, 2023

The automotive landscape is shifting due to affordability, increasing interest rates, and supply chain issues. With a shift in the automotive landscape where buyers are holding onto their vehicles longer, dealerships […] The post 5 reasons why your dealership can benefit from a loyalty program appeared first on PRO Consulting.

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Supply Chain Dealerships Consulting Automotive 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. The ability to accurately predict exactly when a buyer will be returning to market poses an invaluable opportunity for dealers to proactively engage customers.

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Shawn Ryder

JANUARY 18, 2025

Today, many dealerships are offering new cars from 2023 to 2024 at MSRP, attracting keen attention from prospective buyers. Below, we dive into the factors influencing this pricing approach, unraveling how it impacts both dealerships and consumers alike.

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Shawn Ryder

JUNE 30, 2024

Over the past few decades, technology has revolutionized many industries, and car dealerships are no exception. From virtual showrooms to online financing applications, the future of car dealerships is evolving rapidly. The Traditional Business Model - What are the key components of the traditional business model in car dealerships? -

Technology 52

Technology Supply Chain Finance Dealerships 52

Drive.com

AUGUST 15, 2024

Buyers are now turning to the used car market to find a good deal on their next vehicle, but at the same time fewer people are listing their current ones for sale – as values finally start to even out after years of higher prices and unprecedented demand as a result of the COVID-19 pandemic and it’s impact on new vehicle supply chains.

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Motor Trader

DECEMBER 4, 2024

How does an insurer view the dealership sector at the moment? There is a huge amount of change taking place across the sector – zero emission targets, regulatory change, changes to buying behaviour, brands pushing for greater control, consolidation and supply chain difficulties – that is a huge amount of change for anyone to manage.

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Automotive Mastermind

SEPTEMBER 1, 2023

This bottleneck has led to more unsold EVs at some car dealerships, and even Tesla is expecting to lower its prices anywhere from 14-28%. Economic Factors and Sales Performance Economic conditions across the market majorly influence auto buyer purchasing power, which in turn shapes sales performance.

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Automotive Mastermind

MARCH 31, 2023

With Q1 in the rearview mirror, it’s important dealership leaders assess which predicted trends have come to fruition – and which are still evolving. Overall, taking a close look at dealership performance in Q1 can provide valuable insights that can lead to better performance and success for the rest of the year.

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Supply Chain Technology Dealerships Customer 52

Shawn Ryder

JANUARY 23, 2025

” has become increasingly common among car buyers waiting eagerly for their new vehicles to hit the road. Understanding the delays in plate acquisition is essential, as it impacts customer satisfaction and dealership reputation. Supply Chain Issues: The global pandemic has highlighted vulnerabilities in supply chains.

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Supply Chain Modification Technology Dealerships 52

Turbo Marketing Solutions

MARCH 4, 2024

Predictive analytics in car dealerships uses past information, like old sales data and market patterns, to guess what could happen in the future. This gives dealerships a powerful tool because they can foresee what customers might do and plan ahead. Personalizing Marketing Efforts Customization is paramount in today's market.

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Full Path

JANUARY 22, 2025

According to the 15th edition of the 2024 Car Buyer Journey Study, satisfaction with the new vehicle buying process has reached an all-time high, with 75% of buyers reporting they were “highly satisfied.” ” Dealership training helps streamline the buying process, making it more efficient and enjoyable.

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Supply Chain Automotive Retail Manufacturing 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. Virtual Reality (VR) Showrooms Virtual reality offers an immersive way for potential buyers to experience vehicles without stepping foot in a physical showroom.

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Technology Automotive Supply Chain Dealerships 52

Shawn Ryder

SEPTEMBER 28, 2024

This transparency fosters trust among users, which is particularly valuable in industries like automotive dealerships where transactions often involve significant sums of money and sensitive information. Enhancing Dealership Efficiency through Blockchain In dealership operations, blockchain can revolutionize various processes.

Technology 52

Technology Supply Chain Finance Manufacturing 52

Shawn Ryder

SEPTEMBER 20, 2024

In today’s fast-paced automotive landscape, emerging technologies are reshaping how dealerships operate and connect with customers. This blog explores the key technologies revolutionizing the industry and provides actionable insights for dealerships to implement.

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Technology Automotive Supply Chain Rebate 52

Automotive Mastermind

NOVEMBER 5, 2021

Despite a strong start to the bottom line of most dealerships in 2021, this year has been progressively challenging for the automotive industry. was just under a million units or approximately 24 days of supply according to NADA , representing a 65% decrease from the start of 2021. million units. compared to September 2020.

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Motor Trader

JUNE 25, 2024

Peel said: “We have been very encouraged in the first few months by the performance of our BYD dealership on our Pentagon Motor Village site in Lincoln. That’s driven strong interest and good sales across private individuals and fleet buyers.” The safety, performance and build quality of the marque are clear for customers to see.

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Supply Chain Manufacturing Development Buyer 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.

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Supply Chain Marketing Finance Manufacturing 52

Auto Remarketing

OCTOBER 24, 2023

Despite its significance to local, national and global economies, the commercial vehicle opportunity has often been relegated to the periphery of the automotive dealership. These catalogs, complete with extensive displays of various build outs and capabilities, enable buyers to navigate their options with greater clarity and confidence.

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Shawn Ryder

JANUARY 21, 2025

Here are some key points on how the fund has shaped the landscape for dealerships: Increased Sales Volume: The availability of incentives has motivated many consumers to consider purchasing EVs, leading to an uptick in sales for dealerships. Supply Chain Constraints: Access to EV inventory is critical.

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Supply Chain Technology Dealerships Manufacturing 52

Automotive Mastermind

FEBRUARY 9, 2023

While dealership inventories are beginning to normalize in 2023, customers have demonstrated they are willing to wait for a vehicle that specifically matches their wants and needs. 70% of US customers would be willing to select a dealership further away from their homes because the retailer allowed for more online purchase/comparison options.

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Automotive Mastermind

OCTOBER 12, 2023

There are many questions that continually pop up around dealerships across the country: Should we keep this vehicle or send it to auction? While most OEMs have bounced back in terms of manufacturing, pressure on the supply chain remains with risk of further disruption. Is this vehicle worth reconditioning for the lot?

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Management Supply Chain Dealerships Retail 52

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 Supply Chain Dealerships MSRP 52

Shawn Ryder

JANUARY 19, 2025

One critical question that dealerships and customers alike are contemplating is whether the anticipated dip in the automotive market will significantly impact specific models like the Ford Ranger. The 2025 automotive market is poised for various changes as globalization, economic shifts, and evolving consumer preferences converge.

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Supply Chain Marketing Finance Technology 52

Shawn Ryder

SEPTEMBER 28, 2024

Understanding the Impact of Economic Recessions on Dealerships Recognizing the Challenges Ahead Economic recessions bring a host of challenges for dealerships, including decreased consumer spending, tighter credit conditions, and increased competition among sellers. Begin by conducting a comprehensive audit of all operating costs.

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Shawn Ryder

APRIL 6, 2025

One interesting practice that some dealerships have adopted is displaying the production cost next to the retail price of vehicles. This article will explore the motivations behind this practice, its potential benefits, and the challenges it may pose for dealerships. Reasons for Displaying Production Costs 1.

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Retail Supply Chain Manufacturing Dealerships 59

Full Path

APRIL 18, 2025

Buyer energy is highand the numbers back it up. The surge in tariff and tax refund car sales is driving this momentumsome buyers are making the most of their refunds, while others are acting early to avoid potential price hikes tied to tariffs or supply chain shifts. year over year.

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Autoleadstar

FEBRUARY 4, 2024

AI has revolutionized traditional automotive practices by optimizing manufacturing processes, reducing costs, and enhancing supply chain management. Improved Dealership Services Traditionally, car dealerships operated in a straightforward, albeit outdated, manner, with negotiations and vehicle showcases happening in person.

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