Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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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.

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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.

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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.

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'They Want To Be The Gatekeepers': Car Dealers Are Stopping Customers From Buying EVs

Jalopnik

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.

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Florida’s Luxury Car Market: Trends and Insights

Fladco

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.

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Digital Retailing Tools Save Time in Car Buying, Improve Customer Satisfaction While Offering Dealers Opportunities to Create More Personalized Experiences

Cox Automotive inc

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

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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.

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Florida’s Luxury Car Market: Trends and Insights

Fladco

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.

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Working the Car Sales Pay Plan For More Income

CarSalesProfessional.com

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.

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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.

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Nine Killed By One Speeding Car Sparks Fed To Call For Speed-Restrictors

Jalopnik

The National Transportation Safety Board is asking automakers to install anti-speeding technology in all new vehicles to cut down on the number of deaths caused by people driving way too fast , according to an NTSB post. Read more.

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6 Reasons to Incorporate Automotive Accessories into Digital Retailing | Insignia Group Blog

Insignia Group

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.

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Why Opting for a Pre-Owned Vehicle Is a Smarter Choice for Buyers on a Budget

MforceLA

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.

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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.

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Horse Gets Loose On Airplane, Forces It To Return To Airport

Jalopnik

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.

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Toyota Unveils the Powerful and Purely Hybrid Next Generation 2025 Camry

Conicelli Toyota of Conshohocken

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!

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Credit Card Payment Processing Challenges in the Auto Industry

Solera

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.

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2 perspectives on wholesale vehicle price movement

Auto Remarketing

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

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Pato O'Ward Says IndyCar Can Stop Competing With F1

Jalopnik

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.

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2024 Toyota Prius Named Motor Trend's Car of the Year!

Conicelli Toyota of Conshohocken

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.

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Unveiling the Cost Dynamics: EVs Face Higher Repair Bills Than ICE Models in Global Study

Solera

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

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Dealership Online Visibility and Sales: The Impact of SEO

Vanguard Dealer Services

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.

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2025 Lucid Gravity Is Queen Of The Electric SUVs With A 440-Mile Range

Jalopnik

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.

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First-Ever Toyota Crown Signia SUV Revealed, Arrives in 2024

Conicelli Toyota of Conshohocken

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

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Google Ads For Car Dealerships: The Beginner’s Guide

Dealers United

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.

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Agency agreements: the UK automotive brand-by-brand list

Auto Retail Network

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.

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Investors Are Finally Criticizing Elon Musk's Antisemitism

Jalopnik

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.

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Mobile Manager Override

VinSolutions

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.

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Thanksgiving in Fresno

Own a Car Fresno

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 [.

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Dealership Training: Handling Phone Leads That Convert to a Sale

Dealer World

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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Sure EVs Are Nice, But E-Bikes Are Slashing Oil Demand By A Million Barrels A Day

Jalopnik

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.

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Used Car for Sale by Owner – How to Find Them

Carcloud Auto Group

In the quest for a great deal on a vehicle, buying a used car for sale by owner can be a savvy move. Not only can you often find a vehicle at a better price, but the process can also be more transparent, with direct communication between you and the seller. This comprehensive guide will provide you with the insights and tips you need to find the perfect used car sold by its owner.

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Optimize Meta Data for Dealership SEO

Dealers United

Metadata like page titles, descriptions, and structured markup remain vital for car dealership SEO success. Let us show you some tips.

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Why Bother Hiring an Appraiser?

Dealership Valuations

Why bother hiring a business appraiser? For the same reasons you would hire any professional: We “profess” something. We commit to using our knowledge and skills with our best ability and judgement to help others. Doctors commit to healing and doing no harm. Attorneys commit to upholding the law and pursuing justice. Appraisers commit to upholding the public good.

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Lucid Lost $433,000 For Every Car It Sold In Q3, Reports $2.17 Billion In Losses So Far This Year

Jalopnik

California-based automaker Lucid reported third quarter results on Tuesday, and the numbers aren’t great. The company announced that it built 1,550 Air sedans in Q3, and delivered 1,456 to customers. Each of those cars delivered accounted for $433,000 worth of red ink on the company’s balance sheets , which is… Read more.

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Embracing Change in Auto Industry Amidst Evolving Credit & Consumer Dynamics

Selly Automotive

The used car industry stands at a crossroads, shaped by the dynamic interplay of credit availability, consumer confidence, and technological advancements. The Dealertrack Auto Credit Availability Index from October 2023 paints a complex picture: a slight increase in credit access, yet tighter conditions compared to the previous year and pre-pandemic levels.

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Don’t Let Bad Credit Keep You From the Car You Need

Davey Auto Sales

How Do You Get a Bad Credit Car Loan? There are very few people who purchase a used vehicle without financing. That means finding a loan provider that will provide the most affordable solution. If someone has experienced a run of bad financial luck, their credit profile might not be in the best shape. Getting a car loan these days can already be a fraught affair and having a low credit score isn’t going to make the process easier.

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