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.

Principal 40

Principal Sales Retail Dealerships 40

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 Principal Retail 52

CarExpert

MAY 18, 2024

Under Australian Consumer Law, new car buyers have rights pertaining to the vehicle they are sold. However, a manufacturer warranty combined with Australian Consumer Law is just about all-encompassing according to Melbourne BMW dealer principal Daniel Odman. “Our warranty is comprehensive. . ”

Insurance 52

Insurance Shipping and Transportation Manufacturing Principal 52

Canadian Auto Dealer

NOVEMBER 4, 2024

Some dealers are branching into other business areas to spread out their risk and reap new rewards S ome auto dealers are transforming into retailers who also happen to sell vehicles. The fact we’ve accommodated (new EV buyers) on that front is great. We make sure we always have them in stock.”

Dealerships 52

Dealerships Floorplan Retail Finance 52

Shawn Ryder

JANUARY 18, 2025

In the automotive world, the term MSRP (Manufacturer’s Suggested Retail Price) has become increasingly significant, especially in light of recent trends in car pricing. Today, many dealerships are offering new cars from 2023 to 2024 at MSRP, attracting keen attention from prospective buyers.

MSRP 52

MSRP Supply Chain Principal Manufacturing 52

Shawn Ryder

JANUARY 19, 2024

Whether you are a car buyer, seller, or even a dealership, understanding vehicle equity can be helpful in making informed decisions. This includes the principal amount borrowed, interest, and fees that need to be paid back to the lender. Vehicle equity is crucial for both buyers and sellers. What is Vehicle Equity?

Down Payment 52

Down Payment Principal Finance Dealerships 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.

Supply Chain 52

Supply Chain Marketing Principal Logistics 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 Principal Management 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

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.

Automotive 52

Automotive Dealerships Finance Banking 52

Canadian Auto Dealer

NOVEMBER 22, 2024

Todd Bourgon, CEO and Executive Director of the Motor Vehicle Retailers Ontario (MVRO) Todd Bourgon, CEO and Executive Director of the Motor Vehicle Retailers Ontario (MVRO) talked to dealers about the work his association is doing to recruit foreign-technicians to help the province’s dealerships fill their labour shortages.

Principal 52

Principal Dealerships Retail Management 52

AutoSuccessOnline

NOVEMBER 15, 2024

Many dealers question the viability of buying cars from private sellers at scale, assuming private sellers prefer dealing directly with other private buyers. “If They’ve checked their car’s value on KBB and seen the retail price — naturally, they’ll aim high. Dedicate a buyer: Assign a team member specifically to this task.

Principal 52

Principal Retail Spread Deal 52

Auto Remarketing

NOVEMBER 14, 2024

This downward trend has resulted in fewer transactions and a more conservative approach from both buyers and sellers who also must consider the onslaught of EV and its impact — with many questions still unanswered. What dealer principals should be focused on — is what they can control.

Automotive 52

Automotive Principal Dealerships Supply Chain 52