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Genesis Motors Australia is set to open its first agency-model retail site in mid-2025, with a brand-new showroom in Sydneys northwest. Located on Victoria Avenue in Castle Hill, the upcoming Genesis Castle Hill Showcase marks a major milestone in the brands Australian expansion and introduces a new chapter in its retail approach.
Cadence, whether marching, speaking or servicing automobile customers, has the power to transform work processes into something more persistent and assertive. Quick lane oil services drop from two- to three-hour waits to 90 minutes or less, and customers are happy. A 5% increase in customer loyalty increases profits considerably.
By delving into emerging trends, challenges, and regulatory considerations, the report highlights AI's significant impact on the financial sector and their auto retail partners, and outlines a path toward a more responsible and innovative future. Without effective governance, these risks could undermine consumer trust and market stability.
Current geopolitical challenges and mandates aside, automotive retail is constantly evolving, and is impacted by many factors. Real estate, technology, changing demographics and government regulations, digitization, customer expectations and the quest for talent are but a few of the challenges dealerships face every day.
Interactive EQ, an interactive talent assessment platform that combines AI and interactive videos to measure emotional quotient (EQ), launched its Auto IEQ product for dealers/retailers, service providers, and OEMs. 25, 2025 -- InteractiveEQ launches Auto IEQ - AI-based Talent Assessment Platform Custom-Built for Auto Industry Needs.
Jag Doesn’t Want To Push Old Customers Away One of the biggest criticisms leveled at Jaguar when the campaign kicked off was that they risked alienating the traditional, stiff-upper-lip customer base. ” The Change That Is Needed Perhaps Jaguar doesn’t want to push old customers away with their marketing efforts.
AiAuto announces its launch and suite of innovative AI-powered F&I and customer experience products designed to transform how dealerships operate, engage with customers and drive sales. With a focus on innovation and real-time customer experiences, the company aims to reshape the future of automotive retailing.
Polestar’s UK retail partners will soon be able to actively sell from each Space. Customers can still configure and order their Polestar online, and through the expanding network of Polestar Spaces. Matt Galvin, MD, Polestar UK says: “Expanding our retail operations with new and existing partners will enable us to reach more customers.
The automotive industry faces unprecedented challenges in protecting customer data privacy. The Data Privacy Landscape in Automotive Retail The automotive retail sector has undergone a significant digital transformation in recent years. million customers and potential buyers in North America.
In the modern marketing landscape, understanding where to find your target audience for customer discovery is crucial for the success of any automotive dealership. Customer discovery is the process of brainstorming, validating, and refining your understanding of who your potential customers are and how you can meet their needs.
Cadillac has revealed the location of its first Australian experience centre, one of two retail locations it has announced for our market. The General Motors luxury brand is set to begin work on developing its 841m² premises within the Rosebery Engine Yards retail and lifestyle precinct.
The Reynolds and Reynolds Company reported the company was pleased to welcome 2025 with a look back at the previous year and the accomplishments that allowed its customers to grow and be more profitable. Reynolds grew its footprint again in 2024, increasing its number of new customers by 30%, building on outstanding growth in 2023.
He added that the new model will be everything our customers expect from us, both in terms of design and performance. Lochscheller described the UK-developed 5 as an "amazing sports car".It It's unclear whether Polestar will develop a bespoke new platformor use existing platforms. too will [the] Polestar 7.
Since its founding in 2014, the firm has led the industry with the sale of over 280 dealerships representing over $9 billion in client proceeds, including the third largest transaction in auto retail history the sale of Jim Koons Automotive Companies to Asbury Automotive Group. To access The Kerrigan Index, click here.
The proliferation of BEVs will require automotive retailers to adopt new technologies to serve their customers better and build closer and more meaningful relationships. It has navigated the challenges presented by the pandemic, the cost of living crisis, and new technology and retail models.
Joining the IMDA is Allan Thompson, MD of County Garage Ford and chairman of the National Ford Retail Dealers Association (NFRDA). He holds a Retail Automotive masters degree with Loughborough university, developed in collaboration with Ford Motor Company and is a fellow with the IMI.
Hicks, previously sales director for Kia UK, joined the business in 2017, leading all sales channels across retail and fleet, for new and used cars, in collaboration with the 190-strong dealer network. Hicks will now lead Kia UKs marketing function as it enters an era of product introductions and brand development.
This reassessment led to a more nuanced approach to F&I product selection, with dealers tailoring their offerings to align more closely with changing customer demands. Renewed Focus on Training and Technology The year 2024 also saw a shift in how dealers approached F&I training and customer presentation.
As businesses strive for growth and customer retention, many overlook the potential locked within their old lead lists. Industries with Abundant Old Leads Several sectors hold significant numbers of outdated leads, simply due to the nature of their businesses and customer relationships. Why Engage Old Leads?
We are honored to continue to support the Bohn family, this time in the sale of their Hyundai Genesis dealership, a transaction that, again, underscores the enduring strength of the auto retail market in the South, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors. To access The Kerrigan Index, click here.
JLR (UK) is aiming to improve how it interacts with customers, in-person and digitally, under Costa Delis, the recently appointed UK customer experience director. The focus on customer experience is part of a wider digital transformation at JLR. The focus on customer experience is part of a wider digital transformation at JLR.
While this age of new technology introduces successful tools for the retail automotive business, there are no magic bullets that will, by themselves, improve ALL aspects of your dealership. The best dealerships still get better at executing the basics of the business.
Together, we’ve made significant progress in building a fast-growing, trusted brand and launched some of the industry’s most advanced and safety-oriented products – benefiting our customers and the broader community. I wish everyone at Volvo Cars continued success as the journey continues.”
In a dealership, phone calls carry the brunt of the load when it comes to communication with customers. With so many dealership employees involved in customer communications over the phone — whether it be sales, service, finance, you name it — it can be hard to conceive of bringing these communication channels together. Chodor asks.
As potential customers increasingly shift towards online research and shopping, implementing robust digital marketing strategies can significantly boost visibility and drive sales. In this blog, we explore how automotive retailers can leverage various digital marketing tactics to thrive in the Van Voorhis and greater Pennsylvania market.
Vertu will use all data points required from cap hpi to assist in the retailing of vehicles, supporting operational efficiency and bolstering its omnichannel retail strategy. We use data-driven decision-making across our organisation to generate enhanced returns and deliver a better customer experience.
We took the difficult decision to pause lending for the right reasons, to keep our customers, partners and our business safe. “I I want to say a special thank you to my colleagues for reacting so quickly to the new requirements for commission disclosure, working night and day to develop an effective solution very quickly. “I
The results underscore the continuing evolution of the auto retail marketplace, particularly regarding the demand challenges associated with EVs. These results are an indication that auto retail profits are beginning to normalize for many franchises.
Dealers also have the option to purchase additional backdrops, incorporate their own logo or request custom backdrop designs tailored to their branding needs. Weve always taken a view that we are not just a warranty and aftersales product provider to each of our dealers, but that we are here to help them grow and prosper as a business.
Most recently, Carney was commercial and retail operations director at Inchcape. Carney said: After years of strengthening and developing the UK presence of some of the worlds most established brands, its an exciting challenge to lead the introduction of a new brand and a fantastic new product.
JudgeService has appointed Rupert Pontin as its business development director, with immediate effect. He said: With online reputation and customer reviews an increasingly important and strategic part of profitable car retailing, Im delighted to join JudgeService and look forward to working with the team at this exciting time for the business.
The partnership brings Impel’s conversational AI products to Ford dealers and Lincoln retailers throughoutthe U.S. Automotive retailers generate vast amounts of customer behavioral data, yet due to siloed legacy systems and a patchwork of digital platforms, aggregating and accessing this valuable asset has been a longstanding struggle.
Understanding The Shift in Consumer Behavior Prior to the pandemic, customers typically preferred traditional buying experiences; however, the pandemic has ushered in a new wave of digitalization. According to recent studies, online car purchases surged as customers sought convenience and safety.
The duo has developed nine new products including a limited edition heritage set. The 1:64 scale models have already been sold out and customers lucky enough to get their orders in will get two Spectraflame cars as well as a display box. Ferrari and Hot Wheels have joined forces for the first time in more than a decade.
Under their leadership, we have no doubt that Greensburgs highest-volume dealership will continue to thrive and serve the community with the highest level of dedication to customer service." average on retail sales annually. times the U.S. To access The Kerrigan Index, click here. To read the 2024 Kerrigan Dealer Survey, click here.
Laurence Vaughan, CEO of Big Motoring World, said: Our Motor Ombudsman accreditation showcases our willingness to always do the right thing by our customers, and to strive to go above and beyond to create a positive and memorable Big Motoring World experience for which we have become renowned.
Yet, making online retail into a reality has remained a challenge for auto dealers. While that number is expected to grow to as high as 40% in the next five years, dealers continue to struggle with creating the quick and seamless experience that customers expect, putting both customers and revenue at risk.
The speed with which AI tools are advancing is incomparable to any software development we have ever seen,” said Chris Walsh, president of Reynolds. “We We launched Spark AI at Reynolds Retail Summit in August, and we are already two iterations beyond that version with additional products being released at the show.”
Certified learners will gain highly marketable skills, positioning them as leaders in the rapidly evolving automotive retailing landscape. This partnership with Impel , and the launch of an industry-wide AI certification program, represents a transformative step for automotive retailing, said Matthias Stoever, CEO at RockED.
In the ever-evolving world of automotive retail, car dealerships in Edison, Georgia, have an unprecedented opportunity to leverage digital marketing for enhanced visibility and sales. The Importance of Digital Marketing for Car Dealerships in Edison As a local car dealership, being found by potential customers online is paramount.
The National Automobile Dealers Association (NADA) Show, which will be held in New Orleans in January 2025, is one of the most impactful events in the automotive retail sector. These sessions enable dealers to refine their internal processes and adopt best practices that translate into higher efficiency and better customer experiences.
The expansion of the Japanese firm’s line-up is part of an £8 billion electrification investment package, which will result in seven new EVs being introduced worldwide – three of which will be SUVs developed with technical partner and 20% stakeholder Toyota , as was the bZ4X-based Solterra. The south-east is a good example.”
Hosted by the Motor Vehicle Retailers of Ontario (MVRO) at the sold-out Village Loft in Toronto, the association representing Ontarios car dealers held the latest of its Women Driven events. On April 10, Canadas auto industry experienced more than just another networking night it experienced a movement.
The expansion of the Japanese firm’s line-up is part of an £8 billion electrification investment package, which will result in seven new EVs being introduced worldwide – three of which will be SUVs developed with technical partner and 20% stakeholder Toyota , as was the bZ4X-based Solterra. The south-east is a good example.”
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