AutoSuccessOnline

OCTOBER 21, 2024

Learn how supply chain issues and the pandemic have driven this trend, how dealerships can use high-mileage service contracts to build customer trust and why these plans are becoming a key tool in maintaining long-term customer relationships.

Supply Chain 98

Supply Chain Repairing Dealerships Customer 98

Turbo Marketing Solutions

MAY 7, 2024

Artificial Intelligence plays a critical role in revving up community engagement and driving customer happiness in the automotive industry. This predominantly emerges from technologies like chatbots, virtual assistants, and management systems dedicated to customer relations which collectively work towards enhancing customer experience.

Customer 97

Customer Automotive Supply Chain Logistics 97

Auto Remarketing

JANUARY 8, 2025

Transforming buy-here, pay-here operations BHPH dealers can also leverage blockchain to improve operations and customer relationships: Secure transactions: Payments for cars or services can be recorded on a blockchain, ensuring clear, indisputable records of transactions.

Automotive 52

Automotive Supply Chain Finance Principal 52

AutoSuccessOnline

APRIL 10, 2025

The long-term outcome is yet to be seen and there is a lot of speculation about how tariffs will affect sales, but have you focused on how they will impact service? Some supply chains are moving their plants but that could take years. If you have a busy store, this may be the time.

Supply Chain 52

Supply Chain Repairing Sales Term 52

Autocar

JANUARY 9, 2024

The firm will begin taking orders of the outlandish 'Land Aircraft Carrier' in the final quarter of 2024, before customer deliveries begin in 2025 - making it one of just a few companies globally to have a 'flying car' on the market. Our vision," he said, "is to give cars wings, not just [launch] a regular VTOL."

Supply Chain 115

Supply Chain Electronics Development Marketing 115

Solera

MAY 13, 2025

Tariffs on vehicles and auto parts are directly inflating repair costs, disrupting supply chains, and increasing claim severity across key regionsfrom the U.S. Tariffs are expected to remain at 25% through 2026 before declining modestly, with long-term structural impacts already underway. and Europe to Asia and Latin America.

Insurance 52

Insurance Supply Chain Repairing Marketing 52

Autocar

AUGUST 27, 2024

The electric Frontera, however, will be offered on equal terms to the petrol car. But more important, he said, is working out “how do we give customers the choice?” That list price also makes the Frontera one of the country's cheapest full-size electric cars, undercutting the likes of the MG 4 , Fiat 500 Electric and Mazda MX-30.

Supply Chain 140

Supply Chain Manufacturing Bump Retail 140

Autocar

APRIL 1, 2024

In the medium term, Blundell said he’d like to see BYD “established as a credible brand, with an established infrastructure and dealer network and to be part of the landscape” in the UK. “We We’re switched onto supply chain and logistics and ‘build our own’“ when it comes to components. We control what we can control,” he said.

Supply Chain 109

Supply Chain Logistics Cargo Networking 109

Dealer World

MARCH 25, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. Dealers knew they could make up the profit upon resale simply because supply was low for customers as well.

Supply Chain 94

Supply Chain Management Retail Manufacturing 94

Carscoops

FEBRUARY 9, 2024

In addition to this challenge, Nissan is contending with rising interest rates and bottlenecked supply chains, which are hindering its ability to meet the demand for cars in the U.S. “The high-interest rate inflation is hampering affordability for the customer,” Stephen Ma said on Thursday. percent increase in sales.

Supply Chain 111

Supply Chain Technology Term Customer 111

AutoSuccessOnline

MAY 12, 2025

As global trade tensions and supply chain challenges reshape the automotive industry, the importance of owner retention has become more critical than ever for dealerships. This isnt about superficial customer satisfaction indexes, though they have their place. Are these numbers climbing, declining or plateauing?

Supply Chain 52

Supply Chain Dealerships Retail Customer 52

Auto Remarketing

NOVEMBER 14, 2024

Understanding the reduction in dealership sales As of 2023, the automotive industry has been navigating challenges such as supply chain disruptions, changing consumer preferences, and rising interest rates. During the pandemic, many consumers opted for 72-84 months’ finance terms due to limited inventory and high prices.

Automotive 52

Automotive Principal Supply Chain Dealerships 52

Autocar

JULY 5, 2024

Cars are extremely costly and complicated things to produce – not least because the process relies on hugely complex supply chains and the vehicles themselves must be built to meet all sorts of legislative requirements that are often different in every market. Manufacturing and selling it is quite another.

Supply Chain 128

Supply Chain Manufacturing Automotive Marketing 128

Autocar

FEBRUARY 29, 2024

However, in 2023 the tide finally began to change as strained supply chains regained their strength, consumer confidence snowballed, and inflation began to drop. What we have, through this policy, is perhaps a compelling policy to drive supply – but not really a 360-degree strategy to drive the transition that’s required.

Supply Chain 115

Supply Chain Retail Manufacturing Logistics 115

Autoleadstar

APRIL 8, 2025

While its challenging to predict the precise impact of these tariffs, several significant concerns have emerged, including the potential for rising vehicle prices, supply-chain disruptions, and low inventory levels that echo the not-so-distant COVID-19 pandemic.

Automotive 52

Automotive Supply Chain Dealerships Manufacturing 52

Auto Remarketing

FEBRUARY 26, 2025

The data highlights the importance of OEMs refining their supply chain and pricing strategies to align with consumer demand. Those that effectively manage supply and demand will be in a stronger position to succeed in the evolving marketplace.

Supply Chain 52

Supply Chain Retail Management Dealerships 52

Auto Remarketing

MARCH 18, 2024

This scarcity has underscored the resilience of traditional car retail methods, but as the industry evolves, a pivot towards a more omni-channel, customer-centric approach is inevitable. The pandemic’s impact on car supply The initial outbreak of COVID-19 brought the global automotive industry to a near standstill.

Retail 98

Retail Supply Chain Manufacturing Consulting 98

Jato

JANUARY 9, 2024

This year’s focus: the competitiveness and global market entry barriers facing China’s electric vehicle (EV) manufacturers and the new paradigm of global automotive supply chain.

Automotive 106

Automotive Supply Chain Manufacturing Technology 106

Automotive Mastermind

FEBRUARY 17, 2023

As dealerships’ new and used vehicle inventories slowly begin to normalize, now is the time for automotive industry dealers to focus on proactively retaining their loyal customers and improving retention. light vehicle market has risen slightly alongside days’ supply to 50.3% While brand loyalty in the U.S.

Customer 52

Customer Dealerships Supply Chain MSRP 52

Car Examer

MARCH 28, 2025

customers Fortunately, those specific tariffs didnt materialize broadly, and as of 2025 the transatlantic auto trade remains robust. The implementation of NAFTA in 1994 (now updated as USMCA) was a game-changer it eliminated tariffs and integrated Mexico into North American auto supply chains Automakers from the U.S.,

Supply Chain 85

Supply Chain Shipping and Transportation Sales Manufacturing 85

Auto Remarketing

SEPTEMBER 1, 2024

But if the longshoreman strike on the East Coast and Gulf ports goes forward, the car market could face an even bigger challenge — a double whammy of supply chain disruptions,” Caputo wrote on LinkedIn. Dealers need to be prepared for a wave of customers who will gradually enter the market, depending on when their claims are settled.

Supply Chain 80

Supply Chain Repairing Insurance Consulting 80

Drive.com

MARCH 11, 2025

“Nissan is in the midst of transformation, we believe that we chose the right person [Espinosa] who is qualified to lead the company in these times.” The post Nissan CEO fired amid financial struggles, collapsed Honda merger appeared first on Drive.

Supply Chain 85

Supply Chain Manufacturing Management Term 85

Automotive Mastermind

JUNE 17, 2022

Now, amid inventory shortages and historically high vehicle prices, nurturing a dealership’s automotive customer retention program against competitor’s conquest attempts has become key – critical to both immediate and long-term success. more for new vehicles in January 2022 than the previous year.

Customer 52

Customer Dealerships Supply Chain ROI 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. However, the actual transaction price can vary significantly due to various factors such as supply and demand, dealer markups, or promotional offers.

MSRP 52

MSRP Supply Chain Principal Manufacturing 52

Turbo Marketing Solutions

AUGUST 7, 2024

Its advanced capabilities make it a valuable asset for handling customer inquiries and feedback within the automotive sector, contributing to improved customer experience and operational efficiency. This capability streamlines dealership operations and ensures that vehicles and spare parts are available when customers need them.

Technology 98

Technology Automotive Supply Chain Manufacturing 98

Automotive Mastermind

MAY 26, 2022

At the same time, diminished customer loyalty and extended path to purchase due to production delays and inventory shortages are emphasizing why it’s so important for dealers to stay in consistent communication with customers. Customer loyalty has also taken a dip in recent months, with brand loyalty among U.S.

Customer 52

Customer Supply Chain Logistics Retail 52

Turbo Marketing Solutions

SEPTEMBER 6, 2024

This steadfast inclination towards in-person interaction signifies the intrinsic emotional connection that customers seek when purchasing vehicles. Artificial Intelligence (AI) and Machine Learning have emerged as game-changing tools, empowering marketers to optimize advertising performance and target customers more effectively.

Automotive 97

Automotive Supply Chain Sales Marketing 97

Turbo Marketing Solutions

AUGUST 8, 2024

It plays a pivotal role in areas such as vehicle design, testing, autonomous vehicles, and the development of low emission and electric vehicles, ultimately leading to improved sustainability, supply chain management, quality, productivity, marketing strategies, and dealership placement within the industry.

Automotive 93

Automotive Supply Chain Manufacturing Technology 93

Drive.com

MARCH 18, 2025

It was planned for vehicles to be counted when they arrive in Australia once they are added to a government database known as the Register of Approved Vehicles rather than when they are sold to a customer. Dealers deserve fair treatment, reasonable contractual terms, and the ability to make business decisions with confidence.

Supply Chain 81

Supply Chain Term Sales Consulting 81

Autocar

JUNE 9, 2024

Electrification poses both challenges and opportunities for the world of aftersales, as we discovered in a recent webinar with Ford, Hendy and Keyloop From servicing and repairs to customer care and warranty work, aftersales is the margin-rich lifeblood for dealerships and their in-house service teams.

Supply Chain 59

Supply Chain Networking Repairing Manufacturing 59

Autocar

MAY 7, 2024

We have always been telling you that electrification makes sense depending on the customer's choice," he said. "We It's a matter of whether we can provide the appropriate product to the customer demand - and of course customer acceptance and taste will need to be carefully monitored."

Supply Chain 72

Supply Chain Technology Term Development 72

Automotive Mastermind

SEPTEMBER 1, 2023

Aside from the obvious, as a source of transportation, the industry as a whole fuels innovation, creates endless employment opportunities and drives tech advancements from a unique perspective for active customers. Since the start of the pandemic, supply chains have faced troubles due to countless global issues.

Supply Chain 52

Supply Chain Automotive Sales Manufacturing 52

Shawn Ryder

SEPTEMBER 28, 2024

When potential buyers can access verifiable information about a vehicle’s past, decisions are made with more confidence, ultimately improving customer satisfaction. These self-executing contracts are programmed to automatically enforce the terms and conditions agreed upon by both parties involved in a transaction.

Technology 52

Technology Supply Chain Finance Manufacturing 52

Autocar

FEBRUARY 5, 2024

Rowan also said those new EVs will match or better Volvo’s combustion cars in terms of gross profit margins. Rowan also highlighted the extra efficiency and margins that can be gained through the reduced complexity of the supply chain from an EV, due to the vastly reduced number of parts.

Supply Chain 59

Supply Chain Manufacturing Development Sales 59

Automotive Mastermind

APRIL 28, 2022

But looking ahead to Q2, S&P Global reduced its forecast slightly due to continued supply chain struggles and additional logistical concerns. and Mexico in Texas which could exacerbate already strained conditions in the near-term. In reality, actual production for Q1 2022 came in a bit higher than initially forecasted at 3.55

Supply Chain 52

Supply Chain Automotive Sales Logistics 52

Canadian Auto Dealer

MAY 22, 2025

Dealers cant control supply chain disruptions, inventory shortages, manufacturer incentives and inflated sales targets, or knee-jerk reactions from their OEMs that go all in on EVs and then suddenly pull back. Im sure many dealers suffer from vertigo and whiplash as these short-term decisions impact their long-term plans.

Supply Chain 52

Supply Chain Manufacturing Term Buyer 52

AutoSuccessOnline

JUNE 4, 2024

However, as the market dynamics for supply chains have reverted back to a more pre-pandemic landscape, combined with a still-challenging economy, dealers find themselves facing new challenges. Dealers knew they could make up the profit upon resale simply because supply was low for customers as well.

Management 52

Management Supply Chain Retail Manufacturing 52