Carscoops

JANUARY 23, 2024

Customers who have already signed a contract to buy or sell a vehicle should reach out to Vroom’s support team at (855)-524-1300. Vroom intends to expand this segment of its business to cater to third-party customers. What remaining vehicle inventory it has left, it plans to sell through wholesale channels.

Floorplan 121

Floorplan Retail Sales Finance 121

Automotive Addicts

JANUARY 22, 2024

Vroom’s move comes as a response to challenges in securing additional capital for its operations, particularly in extending the vehicle floorplan facility beyond its current expiration date of March 31, 2024. Both entities will continue to serve their third-party customers and focus on growth in their respective domains.

Retail 110

Retail Floorplan Finance Automotive 110

Autocar

MARCH 20, 2024

Measuring 4520mm long and 1908mm wide, it takes up about as much road as a Hyundai Tucson but is substantially taller at 1800mm, which, with a unique slimline battery packaged just behind the front seats rather than across the floorplan, allows a much higher ceiling than is allowed in conventional EVs of this size.

Floorplan 145

Floorplan Manufacturing Customer 145

AutoSuccessOnline

JANUARY 31, 2025

We listened to customers and made our existing space-saving lift more versatile by engineering a wider platform that lets operators open vehicle doors wider to make it easier get in and out, says Sean Price, BendPak director of sales operations.

Floorplan 52

Floorplan Term Automotive Customer 52

Auto Remarketing

OCTOBER 22, 2024

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Data from Black Book, Cox Automotive and J.D.

Floorplan 98

Floorplan Rebate Retail Automotive 98

CarExpert

MAY 15, 2024

Aion V “We’ve kept all of our options open, however the one that does stand out to us at the moment is the hybrid agency model,” said Mr Lau, confirming the company wants to have more control over how vehicles are sold to ensure a consistent – and excellent – customer experience.

Sales 111

Sales Floorplan Networking Retail 111

Full Path

JULY 30, 2024

For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers. Solutions for Dealerships Many dealers ask how they can help customers while maintaining profitability. The current market demands agility and the ability to adapt to changes.

Floorplan 52

Floorplan Dealerships Down Payment Insurance 52