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Electric vehicles will need 'battery passports' to enter EU from 2027

Autocar

Battery passports are intended to shine light on supply chains and the pre-production process Digital document will detail provenance, state of health, and more Battery passports will be mandatory for electric vehicles sold in the European Union from February 2027 to provide greater visibility of what has gone into them and where it has come from.

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The Essential Guide To Sales Management In The Automotive Industry

Shawn Ryder

You want to excel in sales management in the fast-paced world of the automotive industry? Whether you are a seasoned sales manager looking to refine your skills or a newcomer to the industry aiming to establish a strong foundation, this guide is your roadmap to achieving excellence in sales management within the automotive sector.

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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

Your credit score is a numerical representation of your creditworthiness, and a higher score opens doors to lower interest rates and better loan terms. This not only makes your monthly payments more manageable but also ensures that a significant portion of your payment goes towards reducing the principal amount.

Finance 100
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Leveraging ChatGPT for Car Dealerships Success: A Comprehensive Guide

Shawn Ryder

Optimizing Lead Generation and CRM Management Managing leads efficiently is one of the biggest challenges for any dealership. Description: “Browse our inventory of luxury and pre-owned vehicles. Special rates available for qualified buyers.”

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Can I Afford to Buy a Used Car? Here’s How to Find Out

Car Examer

With so many factors to consider, from monthly payments to maintenance, figuring out what’s manageable can feel overwhelming. Monthly Loan Payments If you’re financing, the monthly payment amount depends on the loan’s term and interest rate. 4-Year Loan Term : Limit the loan to four years to avoid higher interest costs.

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5 Things You Can Do to Accelerate Your Dealership Deals

Autosoft

These platforms often offer robust tools for managing listings, responding to inquiries, and facilitating online transactions, making it easier to close deals efficiently in the digital space. Implement digital document management systems to facilitate electronic signatures and document exchange, reducing the need for manual paperwork.

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How to Increase Your Dealership’s BDC Experience

Automotive Mastermind

According to a recent Vehicle Buyer survey conducted by S&P Global Mobility , 60% of customers now expect their next vehicle purchase to be completed entirely online, up 8% from pre-COVID. How to Manage Your BDC Dealership leaders should begin at the top level when building a BDC.