Canadian Auto Dealer

APRIL 22, 2025

In terms of the impact of tariffs on Canadian car buyers, Reuss said there continues to be a lot of confusion. So theres yes confusion, but thats turning into action at dealerships across the country. The Canadian automotive sector is in turmoil as a result of the U.S. If the requirement for harmonized standards with the U.S.

Automotive 52

Automotive Supply Chain Manufacturing Banking 52

Auto Remarketing

FEBRUARY 26, 2025

As we review the vehicle inventory, carryover, and markdown trends from the Lotlinx Q4 2024 Automotive Market Report , the automotive market has revealed several important insights into the ongoing challenges and opportunities for dealerships and OEMs.

Supply Chain 52

Supply Chain Retail Management Dealerships 52

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.

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Supply Chain Retail Manufacturing Logistics 116

Auto Remarketing

MARCH 18, 2024

Dealerships that embrace this change are poised to thrive in the new era of automotive retailing. 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 Technology 98

Shawn Ryder

JANUARY 18, 2025

Disasters create immediate and often severe disruptions in supply and demand, leading to significant fluctuations in vehicle prices. Supply Chain Disruptions: Disasters can incapacitate manufacturing plants and disrupt the supply chain, resulting in a reduced inventory of vehicles.

Supply Chain 52

Supply Chain Logistics Insurance Dealerships 52

Auto Remarketing

SEPTEMBER 1, 2024

is creating a storm that dealership managers could be seeing for the foreseeable future. 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. Don’t forget the parts,” Caputo said.

Supply Chain 80

Supply Chain Repairing Insurance Consulting 80

Turbo Marketing Solutions

MAY 7, 2024

This predictive approach not only boosts customer satisfaction by delivering personalized experiences but also aids in building long-term relationships that go beyond individual transactions. Now let's explore how AI is revolutionizing customer experiences within automotive dealerships.

Customer 97

Customer Automotive Supply Chain Logistics 97

Motor Trader

DECEMBER 4, 2024

How does an insurer view the dealership sector at the moment? There is a huge amount of change taking place across the sector – zero emission targets, regulatory change, changes to buying behaviour, brands pushing for greater control, consolidation and supply chain difficulties – that is a huge amount of change for anyone to manage.

Supply Chain 52

Supply Chain Insurance Repairing Management 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. Today, many dealerships are offering new cars from 2023 to 2024 at MSRP, attracting keen attention from prospective buyers.

MSRP 52

MSRP Supply Chain Principal Manufacturing 52

Turbo Marketing Solutions

SEPTEMBER 6, 2024

Interestingly, while online research has surged—with 92% of buyers conducting pre-purchase research—79% still prefer visiting dealerships in person. This transformative capability eliminates the need for physical visits to dealerships, enabling consumers to make informed decisions using virtual experiences.

Automotive 97

Automotive Supply Chain Sales Marketing 97

Drive.com

MARCH 18, 2025

billion in fines by 2029 under new emissions rules, claims study Alongside the changes to the NVES, the Federal Government has announced revisions to the Franchising Code of Conduct to better protect dealerships from the decisions of global car companies. MORE: Car brands to pay $2.8 MORE: Honda Australia ordered to pay $13.6

Supply Chain 81

Supply Chain Term Sales Consulting 81

Shawn Ryder

MAY 3, 2025

In the vibrant, community-focused town of Panama, Nebraska, car dealerships have an incredible opportunity to leverage digital marketing to enhance their sales, service, and visibility. At Shawn Ryder Digital, we specialize in helping car dealerships in Panama and beyond embrace innovative digital solutions that drive measurable growth.

Supply Chain 52

Supply Chain Dealerships Marketing Management 52

Turbo Marketing Solutions

AUGUST 7, 2024

Furthermore, AI tools play a critical role in improving inventory management within dealerships. This capability streamlines dealership operations and ensures that vehicles and spare parts are available when customers need them. But it doesn't stop there.

Technology 98

Technology Automotive Supply Chain Manufacturing 98

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. However, it’s not all bad news.

Supply Chain 59

Supply Chain Networking Repairing Manufacturing 59

Automotive Mastermind

SEPTEMBER 1, 2023

We’ll look at the latest developments, trends and shifts that are shaping the automotive landscape in terms of sales and inventory. This bottleneck has led to more unsold EVs at some car dealerships, and even Tesla is expecting to lower its prices anywhere from 14-28%. Put simply, the electric vehicle market in the U.S.

Supply Chain 52

Supply Chain Automotive Sales Manufacturing 52

Shawn Ryder

SEPTEMBER 28, 2024

This transparency fosters trust among users, which is particularly valuable in industries like automotive dealerships where transactions often involve significant sums of money and sensitive information. Enhancing Dealership Efficiency through Blockchain In dealership operations, blockchain can revolutionize various processes.

Technology 52

Technology Supply Chain Finance Manufacturing 52

Automotive Mastermind

NOVEMBER 5, 2021

Despite a strong start to the bottom line of most dealerships in 2021, this year has been progressively challenging for the automotive industry. was just under a million units or approximately 24 days of supply according to NADA , representing a 65% decrease from the start of 2021. million units. compared to September 2020.

Supply Chain 52

Supply Chain Automotive Sales Retail 52

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

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

APRIL 25, 2024

It proudly honours the highly skilled associates who have earned a global reputation for manufacturing excellence and represents Honda’s recognition of the long-term attractiveness of the Canadian electric vehicle manufacturing ecosystem,” he said. That goes all the way from the dealership network to OEMs to supply chains.

Supply Chain 52

Supply Chain Manufacturing Finance Networking 52

Canadian Auto Dealer

OCTOBER 1, 2024

Car dealerships are becoming prime targets for cybercriminals in part because they handle sensitive customer data, high-value transactions and operate with complex supply chain networks. The automotive industry has recently experienced a surge in cyber attacks, posing significant challenges for dealerships.

Supply Chain 52

Supply Chain Dealerships Networking Insurance 52

Shawn Ryder

FEBRUARY 6, 2024

The automotive industry is undergoing significant transformation, with current trends signaling a decisive shift towards sustainability, consumer preferences for larger vehicles, and the unavoidable impact of global supply chain challenges. For dealerships, the rise of EVs represents both a challenge and an opportunity.

Supply Chain 40

Supply Chain Automotive Logistics Marketing 40

Shawn Ryder

SEPTEMBER 20, 2024

In today’s fast-paced automotive landscape, emerging technologies are reshaping how dealerships operate and connect with customers. This blog explores the key technologies revolutionizing the industry and provides actionable insights for dealerships to implement.

Technology 52

Technology Automotive Supply Chain Rebate 52

Full Path

JANUARY 22, 2025

” Dealership training helps streamline the buying process, making it more efficient and enjoyable. Additionally, training helps sustain high levels of buyer satisfaction and fosters greater loyalty, driving repeat business and long-term success. Let’s work together to position your dealership for success in 2025 and beyond.

Supply Chain 52

Supply Chain Automotive Retail Manufacturing 52

Automotive Mastermind

OCTOBER 12, 2023

There are many questions that continually pop up around dealerships across the country: Should we keep this vehicle or send it to auction? While most OEMs have bounced back in terms of manufacturing, pressure on the supply chain remains with risk of further disruption. Is this vehicle worth reconditioning for the lot?

Management 52

Management Supply Chain Dealerships Retail 52

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 Supply Chain Dealerships MSRP 52

Automotive Mastermind

FEBRUARY 9, 2023

While dealership inventories are beginning to normalize in 2023, customers have demonstrated they are willing to wait for a vehicle that specifically matches their wants and needs. 70% of US customers would be willing to select a dealership further away from their homes because the retailer allowed for more online purchase/comparison options.

Dealerships 52

Dealerships Supply Chain Retail Buyer 52

Shawn Ryder

SEPTEMBER 28, 2024

Understanding the Impact of Economic Recessions on Dealerships Recognizing the Challenges Ahead Economic recessions bring a host of challenges for dealerships, including decreased consumer spending, tighter credit conditions, and increased competition among sellers. Begin by conducting a comprehensive audit of all operating costs.

Supply Chain 52

Supply Chain Dealerships Finance Repairing 52

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. Car dealership loyalty has also taken a dip in recent months, with auto brand loyalty among U.S.

Customer 52

Customer Dealerships Supply Chain ROI 52

Automotive Mastermind

FEBRUARY 11, 2022

As ongoing inventory shortages continue to limit the number of vehicles on dealerships lots, many are taking the opportunity to reassess how they achieve sustainable success. Regularly found to be a critical factor in dealership customer satisfaction, many dealers have looked to their service department to improve their approach.

Supply Chain 52

Supply Chain Dealerships Principal Repairing 52

Full Path

APRIL 18, 2025

The surge in tariff and tax refund car sales is driving this momentumsome buyers are making the most of their refunds, while others are acting early to avoid potential price hikes tied to tariffs or supply chain shifts. Let us explore how to lead with value, address price sensitivity, and turn todays urgency into long-term trust.

Supply Chain 52

Supply Chain Sales Repairing Marketing 52

Shawn Ryder

JANUARY 22, 2025

In the incredibly competitive realm of automotive sales, you might have heard of dealerships offering alluring discounts like $1,000 off the Manufacturer’s Suggested Retail Price (MSRP) on vehicles that havent even hit their lots yet. This practice can spark curiosity and skepticism among potential buyers.

MSRP 52

MSRP Supply Chain Spread Retail 52

Fladco

JULY 5, 2024

Managing vehicle inventory efficiently is crucial for auto dealerships. This blog will delve into best practices for managing vehicle inventory, optimizing stock levels, and reducing overhead costs for Florida dealerships. This seasonality requires dealerships to be agile in adjusting inventory levels.

Management 52

Management Dealerships Networking Manufacturing 52

Shawn Ryder

JANUARY 18, 2025

In today’s fast-paced automotive environment, many consumers find themselves contemplating whether to extend their car lease or return the vehicle at the end of the term. Leasing agreements involve lower monthly payments compared to purchasing a car, as you are only paying for the vehicle’s depreciation during the lease term.

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Lease Extension Lease Payment Supply Chain Repairing 52

Canadian Auto Dealer

JUNE 3, 2024

The forces of nature that historically impacted automobile dealership operations are giving way to a wider array of uncontrollable factors. For example, gone are the days when new inventory was readily available and dealerships were able to conduct normal and somewhat predictable business activities.

Supply Chain 52

Supply Chain Retail Finance Banking 52

AutoRaptor

APRIL 23, 2024

In the highly competitive automotive industry, dealerships constantly strive to achieve outstanding performance. This article will explore five key areas of dealership performance that can benefit from continuous enhancement. Building a positive brand image and fostering customer loyalty are key components of dealership performance.

Dealerships 52

Dealerships Supply Chain Management Customer 52

Shawn Ryder

JANUARY 26, 2025

Here are some important factors to consider: Current Vehicle Prices Due to supply chain issues, new car prices have soared, resulting in higher trade-in values for used vehicles. Spend Time at Dealerships: Contact local dealers, such as those listed in this guide on dealership interactions.

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Supply Chain Insurance Repairing Finance 52