Automotive Mastermind

JULY 26, 2024

From the rise of electric vehicles to shifting consumer expectations, the challenges for dealers in today’s evolving automotive retail market are real. By proactively adapting to changing buying behaviors and using data to create value for their customers, dealers can stay ahead of sales trends and achieve sustainable success.

Dealerships 52

Dealerships Sales Pre-Qualify Retail 52

Automotive Mastermind

JUNE 9, 2023

In today’s increasingly competitive automotive retail industry, dealerships are always seeking innovative ways to increase sales and reach new buyers. And as customers hold onto their cars for longer periods, the demand for vehicle service and repair is inevitably rising. Wondering how to increase car sales with the service drive?

Dealerships 52

Dealerships Pre-Qualify Sales Repairing 52

Automotive Mastermind

JUNE 21, 2024

As inventory levels start to stabilize and customers hold onto their vehicles longer, the service drive holds significant opportunities for dealerships of all sizes. From proactively promoting customer retention to staying ahead of customer defection, effectively working the service drive can support numerous dealership revenue streams.

Pre-Qualify 52

Pre-Qualify Dealerships Customer Sales 52

Automotive Mastermind

MAY 10, 2024

As customers continue to delay their purchases and dealers work to increase their profitability on new and used sales, service appointments have become a strategic touchpoint with prospective customers. By learning how to break down those barriers, dealers can more effectively convert service-not-sold customers into qualified leads.

Dealerships 52

Dealerships Sales Pre-Qualify Finance 52

Canadian Auto Dealer

MAY 2, 2024

Software provider CDK Global did a survey in March 2023 with 230 executives and department heads of dealerships in North America to understand the role of AI in the auto retail business and how it can help identify potential challenges. That was an increase from 56 per cent in the 2021 survey. It’s that simple.

Pre-Qualify 52

Pre-Qualify Dealerships Finance Customer 52

AutoSuccessOnline

JANUARY 29, 2024

New inventory is expected to reach pre-pandemic norms in 2024, with almost 3 million units available, or three times the amount during the chip shortage. Retail new-vehicle sales are forecast to be mostly flat in the year ahead, with fleet sales continuing to improve, although at a pace slower than 2023. million sales.

Marketing 40

Marketing Pre-Qualify Retail Automotive 40

Automotive Mastermind

MARCH 2, 2023

Customer buying habits have changed rapidly in the last few years. According to a recent Vehicle Buyer survey conducted by S&P Global Mobility , 60% of customers now expect their next vehicle purchase to be completed entirely online, up 8% from pre-COVID.

Pre-Qualify 52

Pre-Qualify Dealerships Management Customer 52

Automotive Mastermind

MAY 13, 2022

Unless your dealership has some sort of far-fetched success with first-time car buyers, year-over-year growth can truly only come from winning customers from another dealer. This can include both new customers as well as service-not-sold customers. This can include both new customers as well as service-not-sold customers.

Sales 52

Sales Dealerships Pre-Qualify Customer 52

Terry Lancaster

AUGUST 1, 2023

The Definitive Guide to F & I How the choices your dealership makes in choosing, training, and rewarding your F & I department can boost your profits , improve your customer satisfaction , and skyrocket your customer retention. How to increase customer retention. How to make an appealing proposition to any customer.

Dealerships 52

Dealerships Automotive Finance Management 52