Full Path

JULY 30, 2024

In today’s automotive landscape, consumers and dealerships are caught in a complex web of economic pressures. Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. This flexibility can make leasing more attractive to a broader range of consumers.

Dealerships 52

Dealerships Floorplan Down Payment Insurance 52

Automotive Addicts

JANUARY 22, 2024

Vroom is set to wind down its used vehicle dealership business and focus on other key assets within its portfolio. 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.

Retail 110

Retail Floorplan Finance Customer 110

Auto Remarketing

MAY 20, 2024

What does that mean to the dealership? You know the day-to-day challenges dealerships face. You know how your dealership fits into the larger automobile retail industry. You know how your dealership fits into the larger automobile retail industry. Why is that important? You know your business. They need to hear from you.

Floorplan 98

Floorplan Dealerships Consulting Finance 98

Drive.com

JULY 28, 2024

“The danger is that you get some brands that force this onto the dealer and then, if the market turns on them, they get stuck with cars and they have to finance them. That would leave dealers paying significant floorplan interest costs. Whether it’s deliberate or not, everybody’s got to hit targets,” he told us.

Floorplan 76

Floorplan Manufacturing Consulting Networking 76