Sat.Jan 07, 2023 - Fri.Jan 13, 2023

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Is Porsche Paving a New Sales Model or Will Dealerships Still Have a Collection of Cars?

AutoDealer Today

The Collection, has recently filed a lawsuit against Porsche, AG, in which they are alleging that Porsche has violated Florida statutory law by engaging in inappropriate business tactics.

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Struggling with Ideas for Social Media Posts?

Spidersnet

When it comes to social media you may be unsure of what to post, where to post and how often. Despite posting relevant news articles, links to your stock and videos from your dealership, there’s no reason why you can’t add some fun and engaging content into the mix. Publishing online content and establishing a social media presence allows you to communicate, meet customer needs, and build trust.

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Trending Sources

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Why Dealers Need to Keep Marketing – Even with Low or No Inventory

Automotive Mastermind

December’s monthly projected sales volume of 1.19 million units set a familiar tone for 2022, according to S&P Global Mobility reports. The SAAR reading would be the lowest for a month since May 2022, bringing the full year’s U.S. light vehicle sales total to 13.8%, an 8% decline from 2021. “Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. R

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Congrats to the 2022 Klub Walters crew

Mudd.com

At Mudd Advertising, we believe strongly in recognizing employees for their accomplishments. That’s why we are proud to present 2022’s winners of Klub Walters! This sales award, once known as “Mudd Club”, was renamed in 2011 to honor the memory of Kris Walters after he tragically passed away in a motorcycle accident. We always remember his spirit when awarding it each year.

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PureCars Acquires Customer Data-Management Platform

AutoDealer Today

Addition of first-party data-cleansing and secure storage provider AutoMiner enhances PureCars’ ability to improve effectiveness of sales, fixed operations and retention-marketing programs.

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Is Porsche Paving a New Sales Model or Will Dealerships Still Have a Collection of Cars?

F&I and Showroom

The Collection, has recently filed a lawsuit against Porsche, AG, in which they are alleging that Porsche has violated Florida statutory law by engaging in inappropriate business tactics.

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Rate of uptake of electric vehicles is actually falling

Auto Retail Network

December saw battery electric vehicles claim their largest ever monthly market share, of 32.9%, while for 2022 as a whole they comprised 16.6% of registrations, surpassing diesel for the first time to become the second most popular powertrain after petrol. However, there are concerns that the rate of adoption of EVs is slowing. Mark Newberry,… The post Rate of uptake of electric vehicles is actually falling first appeared on Auto Retail Network.

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Black Book: Weekly Market Insights

AutoDealer Today

With 2022 fully in the rearview mirror, we can begin to evaluate the years performance: the overall market finished down 22.9%, with Cars down 22.7% and Trucks down 23%.

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PureCars Acquires Customer Data-Management Platform

F&I and Showroom

Addition of first-party data-cleansing and secure storage provider AutoMiner enhances PureCars’ ability to improve effectiveness of sales, fixed operations and retention-marketing programs.

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Best new cars coming in 2024

Auto Express

There are some big new models from the likes of BMW, Citroen, Dacia, Ford, MINI, Skoda and more on the way in 2024

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Is the Ford F-150 Lightning a Proper Electric Alternative?

Zero to 60 Times

The electric pickup market is on fire. In the ever-increasing push towards sustainable mobility, big automakers are rolling out electric utility vehicles. Ford is stepping into this new market with the likes of the Rivian RT1, which has taken the world by surprise. Ford’s attempt at an electric pickup comes as an extension of its bestselling F-150 line, along with the resurrected “Lightning” nameplate.

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NHTSA to Propose New Fuel Economy Standards

AutoDealer Today

The National Highway Traffic Safety Administration will propose new fuel economy standards for the 2027 model year and beyond in April.

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Black Book: Weekly Market Insights

F&I and Showroom

With 2022 fully in the rearview mirror, we can begin to evaluate the years performance: the overall market finished down 22.9%, with Cars down 22.7% and Trucks down 23%.

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Steps to Get Your Sales Groove Back

Proactive Training Solutions

Steps to Get Your Sales Groove Back By Michael Renaud Jan 11, 2023 9:20 pm Facebook Twitter LinkedIn Welcome to 2023! To help you power up for a profitable year ahead, this blog focuses on your best and hottest leads in the dealership – your sales calls! Those people who actually picked up the phone and called you first. We will review the top strategies for mastering your sales calls, converting leads, and boosting your sales numbers.

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U.S. EV Sales Spiked in 2022

AutoDealer Today

U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.

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Auto Loan Payments, Rates Hit Record Highs

AutoDealer Today

The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.

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GM Asks Treasury to Classify its Cadillac Lyriq as an SUV

AutoDealer Today

Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.

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New Vehicle Prices Continue to Soar

AutoDealer Today

Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.

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Reynolds Unveils Expanded Service Offering at NADA

AutoDealer Today

Says inefficiency in capacity is a major issue that dealerships must address in order to improve.

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Car-Buying Grabbing More Wallet Share

AutoDealer Today

Report shows car loan amounts, down payments rising along with interest rates.

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GM, Ford in Electric Grid-Backing Partnership

AutoDealer Today

‘Virtual power plant’ initiative could also benefit automotive industry.

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PureCars Names CFO, CPO

AutoDealer Today

Company says two executives strengthen its leadership, vision-driving.

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Chip Problem Continues to Lesser Degree

AutoDealer Today

Report forecasts production cuts resulting from issue this year.

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New-Vehicle Prices End 2022 at Record Highs

AutoDealer Today

Kelly Blue Book data show prices up year-over-year in December.

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US Loses North American Trade Fight

AutoDealer Today

Ruling could mean more auto manufacturing outside the States.

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Luxury German Brands Dip in 2022

AutoDealer Today

Make up for some lost sales in Q4 with help of electric push.

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EV Sales Keep Up Growth in 2022

AutoDealer Today

Report shows pace of adoption building as ICE vehicles wane.

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Odometer Rollbacks Up

AutoDealer Today

Report shows fraud on increase, despite digital devices.

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Big Chunk of Lincoln Dealers Onboard With EV Sales

AutoDealer Today

Brand says 60% enrolled in certification program.

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Used-Car Prices Tick Down in 2022

AutoDealer Today

Steep decline signals return to new normalcy.

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Tesla Passes BMW for US Luxury Sales Lead

AutoDealer Today

Its 2022 deliveries were up 44%.

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Three Powerful Truths of Consultative Selling!

F&I and Showroom

When customers see the process is centered around them and effort is applied to make sure they understand the entire transaction, the trust level is extremely high.

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NHTSA to Propose New Fuel Economy Standards

F&I and Showroom

The National Highway Traffic Safety Administration will propose new fuel economy standards for the 2027 model year and beyond in April.

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U.S. EV Sales Spiked in 2022

F&I and Showroom

U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.

Sales 52
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Auto Loan Payments, Rates Hit Record Highs

F&I and Showroom

The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.

52
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GM Asks Treasury to Classify its Cadillac Lyriq as an SUV

F&I and Showroom

Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.

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New Vehicle Prices Continue to Soar

F&I and Showroom

Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.

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