Automotive Mastermind

DECEMBER 30, 2022

While the unexpected ups and downs of the early pandemic marketplace are largely behind us, today’s auto retail market is much more volatile than many experts forecasted. In the past, pricing and selection played a significant role in buyers’ purchasing decisions. How Have Trends Evolved Throughout 2022?

Automotive 52

Automotive Quota Dealerships Principal 52

DealerTrack Insights

JUNE 13, 2022

The General Managers and Dealer Principals that I speak to are always brainstorming new ways to improve their business. In retail automotive, there’s simply no time to sit back and watch your business run, thinking, “Things are just fine the way they are.” Buyer satisfaction rates are up, year-over-year, to 72%.

Principal 52

Principal Dealerships Retail Management 52

Automotive Mastermind

JANUARY 12, 2023

“Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. As of mid-December, used retail days’ supply was 49 days, up two days year over year but down three days compared with the same week in 2019.

Marketing 52

Marketing Supply Chain Dealerships Principal 52

Automotive Mastermind

JANUARY 26, 2023

However as shortages grew on, buyers began to grow more aware of high prices and fewer OEM incentives. a 7% increase from the estimated 2022 tally,” noted Chris Hopson, principal analyst at S&P Global Mobility in a December report. According to S&P Global Mobility , U.S. light vehicle sales totaled 13.8

Customer 52

Customer Dealerships Management Buyer 52

Canadian Auto Dealer

JULY 29, 2024

The Motor Vehicle Retailers of Ontario (MVRO) had many concerns about the proposal, feeling it would create red tape and make it harder to do business for salespeople and others involved in a vehicle sale if enacted. The rationale being that consumers need to be protected from themselves.

Rebate 52

Rebate Insurance Repairing Principal 52

Dealer World

NOVEMBER 8, 2023

With these two highly sought-after brands in a business-friendly state, we knew buyer demand would be high and a successful sale would be defined by finding a buyer with a track record of commitment to customer service and community, and who knew and understood this region.

Dealerships 40

Dealerships Principal Sales Retail 40

Terry Lancaster

AUGUST 1, 2023

The number one reason why people leave automotive retail is spousal pressure. Because the number one reason why people leave automotive retail is the spousal pressure. But at some point when the viewer principal sees that the finance manager is earning too much, whatever too much means, right? Because you're never home.

Dealerships 52

Dealerships Automotive Finance Management 52