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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.
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.
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.
It’s no secret that Mexican racer Pato O’Ward is one of the hottest commodities in motorsport right now. As an official member of the McLaren Driver Program, O’Ward will be taking a Formula 1 car out for practice ahead of the Abu Dhabi Grand Prix later in November, but during the racing season here in America, O’Ward… Read more.
ATLANTA, Nov. 17, 2023 – Nearly all car dealers currently using digital retailing tools claim it has positively impacted their business, especially in customer experience and satisfaction, according to Cox Automotive’s 2023 Digitization of Car Buying Study. Capturing data from shoppers, buyers, and franchise dealers, Cox Automotive’s latest research on the state of digital retailing … Continued The post Digital Retailing Tools Save Time in Car Buying, Improve Customer Satisfaction While Of
From Miami’s upscale beaches to the opulent neighborhoods of Palm Beach, luxury cars have become a symbol of status and success in the Sunshine State. The thriving luxury car market is a reflection of the opulence and affluence that characterizes the very essence of Florida. Preferences are dictated by the wants of high-net-worth individuals, the impact of lifestyle on car choices, and the growing role of technology in the luxury automotive industry.
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.
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.
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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.
Working Your Car Sales Pay Plan For More Income Car sales pay plans are like opinions; everybody has a different one. However, there is one thing you can’t ignore. You should be working your car sales pay plan for all it’s worth. I am not talking about doing anything sneaky […] The post Working the Car Sales Pay Plan For More Income first appeared on Car Sales Professional.
From Miami’s upscale beaches to the opulent neighborhoods of Palm Beach, luxury cars have become a symbol of status and success in the Sunshine State. The thriving luxury car market is a reflection of the opulence and affluence that characterizes the very essence of Florida. Preferences are dictated by the wants of high-net-worth individuals, the impact of lifestyle on car choices, and the growing role of technology in the luxury automotive industry.
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.
As it turns out, car dealers seem to know even less than buyers do when it comes to electric vehicles , and they don’t really seem too keen on learning about them. The Washington Post spoke with a number of customers who said dealers tried to redirect them to gas cars or gave them unclear or downright incorrect answers … Read more.
At automotiveMastermind, we talk a lot about auto dealership sales platforms. With Mastermind, our proprietary automated sales and marketing platform, and dedicated consultative service, we empower dealers to maximize their success In our experience talking with dealership owners, managers, staff, and other stakeholders in the auto industry, it’s become clear that while many have a general understanding of what a sales platform is, there are still questions about what exactly they do, their valu
How to Streamline Parts Management for Your Auto Dealership? You’ll be surprised to learn that in the first half of 2023, the total service and parts sales of dealerships in the U.S. was more than $73 billion [ Source ]. The data proves that the demand for automobiles and spare parts is only going to rise each year and this makes the automotive industry lucrative.
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.
Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.
The choice to purchase a car is a complex one, requiring a careful assessment of both your preferences and the practicality of your budget. Individuals who prioritize financial responsibility and wise spending may find the idea of acquiring a new car financially challenging. However, there’s a road less traveled that budget-conscious buyers often find to be a wider choice: buying a used car.
The automotive industry is undergoing a digital transformation, reshaping how cars are bought and sold. With the rise of online shopping and changing consumer expectations, automotive dealerships face increasing pressure to adapt and provide a seamless digital retailing experience. To stay competitive in this ever-evolving landscape, dealerships should consider integrating accessories into their digital retailing tools.
The picture of how wholesale used-vehicle prices behaved in October and what’s in store for the final two months of the year may very well depend on what data set you’re considering. Black Book’s Used Vehicle Retention Index came in at 161.0 for October, up 1.1% from September and down 7.6% year-over-year. It remains 41% higher than March 2020. That index is based on Black Book’s published wholesale average value of 2- to 6-year-old used vehicles, as a percent of original MSRP for typically equ
A flight from New York’s JFK airport to Belgium had to turn around after a horse got loose in the Boeing 747 ’s cargo hold shortly after takeoff. The incident was reconstructed on the aviation YouTube channel “You can see ATC ,” and claims it happened shortly after 6 p.m. EST on November 9. Read more.
The choice to purchase a car is a complex one, requiring a careful assessment of both your preferences and the practicality of your budget. Individuals who prioritize financial responsibility and wise spending may find the idea of acquiring a new car financially challenging. However, there’s a road less traveled that budget-conscious buyers often find to be a wider choice: buying a used car.
In the highly competitive automotive industry, dealers need to employ a robust digital marketing strategy to stand out from the competition, attract potential customers, and achieve sales success. With the ever-increasing role that digital channels play in the car buying journey, it is crucial for dealers to understand, adapt, and excel in their online marketing efforts.
Elon Musk’s Twitter is a different place than it was a year ago. What was once a website where journalists networked and talked to sources is now a place where conspiracy theories and the alt right abound — most of them provably wrong, and many of them antisemitic. Now, those theories are being endorsed by Musk… Read more.
Get a sneak peek into the future with the 2025 Toyota Camry! This video unveils the next generation of the iconic sedan, emphasizing its evolution as a hybrid powerhouse. The nation's top-selling sedan for over two decades, the 2025 Camry continues to set the standard for quality, reliability, and innovation. Get ready for a new era of driving excellence!
Businesses in the automotive industry often face substantial challenges when it comes to credit card payment processing. Within this sector, transactions can vary significantly in size, from minor sales to major purchases, resulting in potential issues with processing fees. Some providers apply higher percentages for larger transactions, impacting profitability and potentially necessitating higher costs for customers in this fiercely competitive market.
Having an online presence today is vital for all businesses, including auto dealerships, to remain relevant in a competitive marketplace. However, simply having a website or social media channel is not enough—it needs to be optimized to reach the right target audience. In comes SEO or search engine optimization. SEO involves optimizing on-page elements like titles, meta descriptions, headings, and content to be more relevant to targeted keywords.
When the Fédération Internationale de l’Automobile (FIA), Formula 1 's sanctioning body, opened an expression of interest for prospective new teams to join the series, many of us assumed we knew who that application was designed for. Andretti Global , helmed by Michael Andretti of the American motorsport empire and… Read more.
LOS ANGELES, Calif (Nov. 16, 2023) – Today, MotorTrend named the 2024 Toyota Prius as the 2024 Car of the Year during the Los Angeles International Auto Show. This marks the second time that the Prius has won the award – the first being in 2004. The Toyota Camry also received top honors in 2007. Twenty-three years ago, this high-tech sedan rolled into U.S.
By Javed, Sonia Solera Holdings, LLC, a global leader in vehicle lifecycle management, has unveiled a pioneering study that compares repair costs between electric vehicles (EVs) and internal combustion engine (ICE) vehicles. This landmark research offers insights into the evolving landscape of the auto industry as it shifts towards electrification. Study Overview: A Comprehensive Analysis Across 20 Countries Data Source: The study draws on Solera’s extensive global claims database, examining app
Google Ads can deliver highly qualified customers to your dealership's website and drive more sales. Learn how to set up an effective Google Ads strategy with keyword research, geo-targeting, optimized ad copy, call tracking, remarketing, and analytics.
A spate of battery fires has rocked New York City this year after they were started by electric bikes charging in tightly-packed apartment buildings. So far, the fires have claimed 17 lives in 2023 after another blaze killed three people this weekend. Read more.
Second Toyota Crown Model Adds Distinctive Crossover SUV to US Lineup Exclusively Equipped with Hybrid Powertrain with Impressive 243 HP, 36 MPG Comb. and AWD Standard Stylish Exterior with Monochromatic Grille, Sleek Design, and Available 21-inch Wheels Premium Interior with Soft Touch Materials, Available Leather-trimmed Seating, and Panoramic Glass Roof Quiet Cabin with Fold Flat Second Row and 6.5-foot Long Cargo Area 12.3-inch Toyota Audio Multimedia touchscreen and Toyota Safety Sense 3.0
A handful of car manufacturers switched to agency agreements last year, but 2023 looks set to be the year when many more take the plunge and switch the new retailer model. Below is our regularly updated brand-by-brand list of what each car brand in the UK is doing or is understood to be doing in… The post Agency agreements: the UK automotive brand-by-brand list first appeared on Auto Retail Network.
With Mobile Manager Override, VinSolutions CRM app users can: Reduce duplicate customer record creation Request ownership of existing customer records Have visibility into duplicate customer creation Improve timing of customer communications Push notifications allow managers to oversee what’s being created in the mobile customer record without having to be in front of a desktop computer.
Sales of electric vehicles are on track to hit a million cars this year for the first time, which is helping cut down fossil fuel usage across America. However, the amount being saved by our slow and steady switch to EVs pales in comparison to the amount of fossil fuels being burned by people making the switch to… Read more.
Welcome to the heart of the Central Valley! As Thanksgiving approaches, Fresno, CA, blossoms with a vibrant array of local events that embody the spirit of gratitude and community. Whether you're a longtime resident or just visiting, our guide to Fresno's Thanksgiving festivities promises to enrich your holiday experience. From family-friendly activities to unique local [.
Picture this: it’s the end of the quarter, and your dealership is so close to hitting your targets, and you can almost taste the victory champagne. You’ve been burning the midnight oil, the team’s been cranking out calls—but you’re still a hair’s breadth away from the goal line. Then, you discover all the near-misses your team has swung while handling phone leads.
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