November, 2023

article thumbnail

Jaclyn McQuaid of General Motors Europe talks about how established companies can operate like a start-up.

Women Automotive Network

In the November edition of the Women Automotive Network Leadership Interview Series Andy Fellows, Managing Director of Aquilae speaks with Jaclyn McQuaid, President and Managing Director of General Motors. Did you miss this LinkedIn Live interview? If so you can catch the full interview here as well as read our summary below. Andy started by exploring Jaclyn's early exposure to engineering and her decision to pursue a career in the automotive industry, discussing her experiences as a woman in

Women 130
article thumbnail

Accelerating Sales with Video Marketing: A Comprehensive Guide for Car Dealerships

Get My Auto

In the rapidly evolving world of car sales, standing out in the digital marketplace is essential. Video marketing offers an innovative and effective way to showcase your dealership and cars, creating a dynamic and engaging experience for potential buyers. It’s […] The post Accelerating Sales with Video Marketing: A Comprehensive Guide for Car Dealerships appeared first on Get My Auto.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dealers finding positive impact from digital retailing tools, study shows

Auto Remarketing

An overwhelming percentage of car dealers who use digital retailing tools are reporting encouraging results, according to the latest research by Cox Automotive. The company’s 2023 Digitization of Car Buying Study found 90% of dealers said digital retailing has positively impacted at least one area of their business, with customer satisfaction/experience, customer relationships, ease of completing deals, time spent completing deals, employee workflows and staff efficiency all cited by more than 7

Retail 111
article thumbnail

Benefits of a Used Luxury Car

3 Brothers Autosale

Who doesn’t like to own a luxury car? The design; the svelte, they say the right luxury car can make anybody look cool, and we agree. Besides, what’s not to like about a luxury car; their range-topping tech, distinctive exterior features, and subtly honed engines that would make even a Ferrari blush. Okay, maybe not. But, one thing everybody will agree on is that luxury cars deliver on all fronts.

article thumbnail

Tesla Cybertruck Deliveries Finally Start, Here Are All The Specs You Need To Know

Jalopnik

On Thursday afternoon, Tesla finally delivered a ten-pack of Cybertrucks to company employees and investors. It’s hard to call this a ‘production’ launch, as they’ll still be effectively in the hands of in-house beta testers, but it’s a lot closer to production than the truck was a year ago. During the unveil event,… Read more.

72
article thumbnail

Do I need gap coverage when buying a used car?

Shabana Motors

Protect your car investment with a Guaranteed Asset Protection (GAP) coverage in the event your car is declared a total loss.

article thumbnail

Gi Group Holding releases its Global HR Trends Report on the Automotive Industry

Women Automotive Network

Previewed at the Women Automotive Summit on September 20th, Gi Group Holding has now launched its global report on HR trends in the automotive industry. Featuring qualitative and quantitative data from 11 key countries and over 6500 industry decision makers and candidates, the report offers essential insights to industry leaders on in-demand skills and strategies for supporting and retaining employees in this rapidly transforming industry.

More Trending

article thumbnail

Q3 marked ‘return to normalcy’ for used-car retail prices

Auto Remarketing

When it comes to used-car retail prices, the third quarter pointed to a “return to normalcy,” a trend that was particularly evident by this metric: late-model used cars have prices that are “notably below” those of new vehicles. That’s according to the latest Used Vehicle Report from Edmunds, which detailed, among other trends, the move toward “stability” in the used-car market.

Retail 111
article thumbnail

Different Types of Google Ad Campaigns For Car Dealers

Dealers United

Google Ads are an incredible way to reach your target audience. Due to the many different ad types offered, it can be overwhelming to use. In this article, we cover all of the different types of Google Ad campaigns.

52
article thumbnail

It's Still Very Funny That 1,000 People Gave Tesla $250,000 For A Roadster Six Years Ago

Jalopnik

The Tesla Semi launch event was held on November 16th, 2017, exactly six years ago last week. At the end of that launch event, Elon Musk had a signature “one more thing” that was the unveiling of the incredible second-generation Tesla Roadster. Back then the car was promised to be delivered in 2020, which obviously… Read more.

Finance 72
article thumbnail

The importance of highlighting EV inventory on your website

DealerFire Blog

Why more drivers are adopting electric vehicles In the fast-paced world of automotive technology, the shift towards electric vehicles (EVs) is gaining momentum. While many states embrace clean energy, three states stand out for their innovative approach to accelerating EV adoption—Colorado, Vermont, and California. Let’s explore how these states drive change by implementing scrappage programs that encourage the transition from gas-guzzlers to environmentally friendly electric vehicles.

Rebate 52
article thumbnail

Female Leadership in Global E-Mobility Start-Ups

Women Automotive Network

Dr, Angelika Berger-Sodian, a business builder and entrepreneurial leader recently sat down with Roger Atkins Founder of Electric Vehicles Outlook Ltd as part of our LinkedIn Leadership Interviews to discuss "Female leadership in global e-mobility start-ups". If there‘s something Dr. Angelika Berger-Sodian is certain of it’s that female leadership is pivotal in advancing business.

Women 130
article thumbnail

Streamlining Claims in the Face of Adversity: The Power of XpertEstimate

Solera

Redefining Claims Processing in an Evolving Insurance Landscape The insurance industry is at a critical crossroads, challenged by natural disasters, market changes, and internal resource constraints. Carriers are pressured to maintain service levels despite staff shortages. This blog examines these challenges and introduces Solera’s XpertEstimate as a revolutionary tool for insurers to efficiently manage claims with limited staff. 1.

article thumbnail

Used EV prices drop further than overall market, but are slow to sell

Auto Remarketing

Average prices on 1- to 5-year-old vehicles in October were down 5.1% year-over-year, according to analysis from iSeeCars.com. Moreover, the latest CARFAX Used Car Price Index shows that those declines continued “across the board” in November. But the price drops for used electric vehicles (and to a lesser extent, hybrids) have been far more extensive, approaching 34%, the iSeeCars data shows.

Marketing 105
article thumbnail

Revolutionizing Your Drive!

Own a Car Fresno

Welcome to the future of driving! At Own a Car Fresno, we're excited to guide you through the innovative technology transforming today's automotive world. From enhanced safety features to connectivity and entertainment advancements, modern vehicles are more than just means of transportation; they're your partner on the road. 1. Advanced Safety Features: Safety is paramount, [.

article thumbnail

'I Hope It Bankrupts Them': Las Vegas Residents Enraged Ahead Of Formula 1 Grand Prix

Jalopnik

Listen to the powers that be in Formula 1 , and you’ll likely believe that the inaugural Las Vegas Grand Prix will be a smashing success. It’s an unprecedented event, the series says, one that will transform the Las Vegas Strip into a high-speed race track for just four days in November. It’s going to be a riotous… Read more.

72
article thumbnail

Harness the Power of Influencer Marketing in Auto Dealerships

Market Doctors

Influencer marketing has become an essential tool for many businesses to effectively connect with their target audience, enhance brand visibility, and drive sales. For automotive dealerships, leveraging influencer marketing can be particularly impactful in capturing potential buyers’ attention and humanizing your brand in a competitive market.

article thumbnail

November Member of the month Patrícia Cavaco, Sustainability Manager at Yazaki

Women Automotive Network

An interview with Patrícia Cavaco, Sustainability Manager at Yazaki! Why did you join the Women Automotive Network? I became a member of the Women in Automotive Network because I strongly believe in the impact of professional communities. This network has provided me with valuable support and clarity through its mentoring program. I aim to engage in ongoing learning and collaboration with fellow members to promote a more gender-inclusive and equitable automotive industry.

article thumbnail

Why Selling Automotive Accessories Makes Your Job Easier | Insignia Group Blog

Insignia Group

Automotive sales are an ever-evolving industry where competition is fierce and customers are discerning. To stay ahead of the game, automotive salespeople must look beyond the car itself and explore opportunities to enhance the customer experience and increase sales. A highly effective approach is to focus on selling accessories at the point of sale.

article thumbnail

Lexus, Honda continue to dominate Residual Value Awards

Auto Remarketing

It’s about repeat champs when it comes to the winners of the J.D. Power 2024 U.S. ALG Residual Value Awards. For the fourth year in a row, Lexus earned the top prize among premium brands, and Honda led mass-market brands for the third consecutive year. The awards recognize vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price following a three-year period of ownership.

Retail 105
article thumbnail

PROVEN STRATEGIES AUTO DEALER GENERAL MANAGERS USE TO INCREASE SALES

Dealer World

As an auto dealer general manager, you’re responsible for everything from bringing the newest inventory onto the lot to making sure the employee bathroom gets cleaned. No matter what you’re dealing with today, somehow, some way, all of it contributes to the one overarching goal of the business: making sales. And when it comes to the bottom line, one of the biggest parts of your mission is training and coaching your team into world-class closing machines.

article thumbnail

Nearly 400 Dealers Drop Out Of Ford’s EV Program

Jalopnik

Ford’s EV dealer requirements have caused a bit of drama since they were announced in late 2022. With EV sales slowing , some dealers are getting antsy at the thought of sinking thousands or even millions of dollars into a lukewarm EV market. Still, 2,000 dealers bought into the program. Now, Electrek reports,… Read more.

Sales 72
article thumbnail

Enhance Dealership Operation in 2024 With DMS Tech Trends

Autosoft

Enhance Dealership Operation in 2024 With DMS Tech Trends Executive Summary “Revolutionize your dealership in 2024 with cutting-edge Dealer Management Software (DMS) tech trends. From AI-driven automation to cloud-based solutions and IoT integration, these innovations redefine efficiency, security, and customer experiences. Embrace these trends for sustained growth and unparalleled success.” If you’re as passionate about cars as we are, you know that the automotive industry is

article thumbnail

Automotive Business Merchant Services Statement: What You Need To Know

Solera

Automotive Business Merchant Services Statements: What You Need To Know Reviewing your business’s merchant services is crucial for managing costs, staying competitive, ensuring security and compliance, and providing a better customer experience. Regular assessments help you make informed decisions that can benefit your automotive business. Things to look for in every statement: Understanding the fees associated with your merchant services allows you to control your costs effectively.

article thumbnail

Tis the Season for Profits

DealerTrack Insights

Learn how leveraging technology to increase the efficiency of your operations will boost profitability across your business.

article thumbnail

COMMENTARY: 8 tips to be adaptive & thrive in a down market

Auto Remarketing

The world of car dealerships is a dynamic and ever-evolving industry that operates in tandem with economic cycles. In a down market, car dealerships face unique challenges that test their adaptability and resilience. Having insight at CarOffer into thousands of dealerships nationwide, it is interesting to see what some of the best dealers are doing in these more challenging times.

Marketing 105
article thumbnail

Elevating Dealership Sales Through Proper F&I Training

Vanguard Dealer Services

In the dynamic realm of automotive sales, competition is fierce, and customer expectations are ever-evolving. Therefore, if you want to stay ahead of rivals and satisfy clients, getting your dealership's Finance and Insurance (F&I) side right is non-negotiable.

article thumbnail

Formula 1 Didn't Realize Las Vegas Would Be Cold In November

Jalopnik

Desert climates are fascinating. While you might be roasting under a beating sun during the daytime, cool temperatures sweep in at night to bring you the opposite form of misery. According to Ross Brawn, who left Formula One Management ahead of the 2022 season but who had been around for initial talks regarding the Las… Read more.

article thumbnail

CAR DEALER SALES TRAINING PROGRAMS THAT WORK

Dealer World

You’ve hired some wonderful people to help your dealership sell vehicles, but the numbers just aren’t where they should be. Why are the KPIs not spiking? The first place to look is training. Talent is important, but if it’s not supported by disciplined on-brand messaging even the best team is going to struggle. Every dealership needs training programs that are reliable, data-driven, and based on real-world feedback, but a lot of programs are just well-packaged videos, dull slideshows, or impers

Sales 52
article thumbnail

Exploring the Process of Petroleum Refining

DealerXT

Understanding the Stages and Significance of Refining Crude Oil Oils, petroleum products, chemicals, biofuels, and gasses play essential roles in our daily lives worldwide. Many of these essential substances originate from the complex process of refining petroleum. Petroleum refining, also known as oil refining, is a sophisticated procedure designed to separate various hydrocarbon fractions from unprocessed crude oil, commonly referred to as petroleum.

article thumbnail

Cox Automotive Forecast: New-Vehicle Sales Pace Remains Muted Despite Higher Inventory Levels

Cox Automotive inc

Updated, Dec. 5, 2023 – Early indications suggest the new-vehicle sales pace in November came in at a seasonally adjusted annual rate of 15.3 million, aligned with the Cox Automotive forecast released late last month. Industry sales volumes were likely up more than 7% year over and year November and slightly higher than October. As … Continued The post Cox Automotive Forecast: New-Vehicle Sales Pace Remains Muted Despite Higher Inventory Levels appeared first on Cox Automotive Inc.

article thumbnail

CPO programs are crucial even as new-car inventory recovers

Auto Remarketing

Inventory shortages the last few years may have hurt new-car sales, but they were a boon for used-vehicle sales, including those that were certified pre-owned. New inventory may be improving, but consumer interest in CPO models will remain and dealers and manufacturers should take note, said participants on the “Top Used Car Strategies from ‘Best CPO Dealers’” panel during Used Car Week.

article thumbnail

Four ways car comparison tools on automotive websites empower informed choices

Jato

In today’s fast-paced automotive market, making the right car buying decision can be like navigating a complex maze. With numerous brands, models, specifications, options, colors, packages, and prices to consider, potential car buyers often find themselves overwhelmed by choices. JATO’s recent survey of 2,500 future car buyers revealed that 29% of people would research online first when buying a new car.

article thumbnail

If You Bought A Tesla One Year Ago It Has Lost As Much As $40,000 In Value

Jalopnik

“Buying a car today is an investment into the future. I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset.” Elon Musk said that in 2019 , and like many of his bold vision statements, has continually been proven wrong every minute of… Read more.

Finance 72
article thumbnail

Navigating the Most Common Subaru Issues and Solutions

Dealer World

Subaru, renowned for its commitment to safety and performance, has garnered a loyal following of drivers. However, like any automobile, Subaru is not immune to common issues that can arise over time. In this comprehensive guide, we'll navigate through some of the most frequently encountered problems Subaru owners may face and provide practical solutions to keep your ride running smoothly.

article thumbnail

Renovating the Vehicle Purchase Experience in the Digital Age

DealerXT

Modernizing Car Buying for the Tech-Savvy Consumer Technology’s Impact on Car Buying As technology continues to modify industries and redefine conventions, it becomes imperative to assess the automotive scenarie’s current position and its future trajectory. A recent study by Cox Automotive delivers a striking revelation: 8% of contemporary car buyers express their preference for an exclusively in-store car shopping experience.

article thumbnail

How Your Dealership Can Attract the Best Employees

Vanguard Dealer Services

If you own a dealership, you know your success is only as prosperous as your team allows it to be. A quality salesforce and infrastructure is critical to building your profit, and to get the salesforce you desire, you need to know how to attract the right people. Here are some steps you can take to ensure you attract the right people to help your business thrive.