AutoSuccessOnline

MAY 8, 2024

Mazda North American Operations (MNAO) has opened its 300 th Retail Evolution (RE) dealership with Luther Mazda in Kansas City, Missouri. Across our Retail Evolution locations, dealer owner loyalty is up 4.3 Retail Evolution dealerships consistently outperform non-upgraded facilities in monthly throughput, averaging a 126% increase.

Principal 52

Principal Retail Dealerships Customer 52

AutoSuccessOnline

JUNE 11, 2024

That was followed by a powerful testimony from Laura Murphy, automotive retail specialist from Google Detroit on self-care and how to “Be your Own Best Friend” as well as how to tell yourself “#IAMREMARKABLE” and believe it. This was an incredible session. This was an incredible session. ” The networking reception concluded the day. .;

Women 105

Women Automotive Principal Networking 105

AutoSuccessOnline

JUNE 18, 2024

The union combines BCP’s lead engagement platform, generative AI for SMS/email and BDC operations with PDS’s Brooke AI Digital Voice Assistant, BDC technology and in-store retail performance consulting and training. We combine cutting-edge technology with the humans needed to run it, making it the perfect partner for the market.

Retail 52

Retail Principal Technology Finance 52

AutoSuccessOnline

SEPTEMBER 3, 2024

Karen Sutton-Ford, dealer principal of Sutton Ford in Matteson, Illinois, has been named the winner of the prestigious Ally Sees Her Award. “This award reinforces my belief that I fulfill my purpose when I build others,” Sutton-Ford said about the award. The dealership business was in Sutton-Ford’s blood.

Women 52

Women Principal Retail Finance 52

Automotive Mastermind

JANUARY 12, 2023

“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. auto market is struggling, impacted by supply chain, labor, logistics, inflation, and wider economic concerns,” said Chris Hopson.

Supply Chain 52

Supply Chain Marketing Principal Logistics 52

Canadian Auto Dealer

MAY 14, 2024

David is the managing principal, while Michael is the CEO. In addition to the acquisition of the Mazda store, the company also retails two Hyundai stores, along with Subaru, Nissan, Honda, Chevrolet/Buick/GMC and Corvette. We’re trying to get into bigger markets.” And with market size, we’ve been trying to go upstream.

Principal 52

Principal Networking Dealerships Retail 52

Canadian Auto Dealer

NOVEMBER 4, 2024

Some dealers are branching into other business areas to spread out their risk and reap new rewards S ome auto dealers are transforming into retailers who also happen to sell vehicles. There are also some dealerships that have developed businesses that are not directly related to auto retailing.

Dealerships 52

Dealerships Floorplan Retail Finance 52

Dealer World

NOVEMBER 8, 2023

In 2017, his daughter Sandra Price Amato became the dealer principal, continuing the family’s legacy as one of Charlottesville’s top dealer groups. Kia and Hyundai are among the top brands in the industry: in 2022, Kia and Hyundai gained the most market share of all import non-luxury franchises, increasing 15.5%

Principal 40

Principal Sales Dealerships Retail 40

Shawn Ryder

JANUARY 18, 2025

In the automotive world, the term MSRP (Manufacturer’s Suggested Retail Price) has become increasingly significant, especially in light of recent trends in car pricing. But why are some dealers opting for this pricing strategy, especially in a market that’s seen its fair share of ups and downs?

MSRP 52

MSRP Supply Chain Principal Manufacturing 52

AutoSuccessOnline

AUGUST 9, 2024

The most recent cyber event that affected thousands of dealerships across the country is just the latest example of how dealers, dealership senior leaders and principals must constantly think about the big picture and best practices. These experts can provide valuable insights and support throughout the process.

Principal 52

Principal Insurance Dealerships Retail 52

Canadian Auto Dealer

MARCH 1, 2024

Now as inventories for most franchises slowly replenish, however, it is slowly becoming (once again) a buyer’s market where shopping and negotiation have already made a slow comeback. In the post-pandemic world, many dealerships have struggled to return to a SHOWROOM and DIGITAL sales process. What are you paying commission for?

Sales 52

Sales Principal Consulting Retail 52

Automotive Mastermind

DECEMBER 30, 2022

While the unexpected ups and downs of the early pandemic marketplace are largely behind us, today’s auto retail market is much more volatile than many experts forecasted. Mastermind empowers dealers to approach uncertain market conditions with confidence by identifying revenue opportunities from every corner of their dealership.

Automotive 52

Automotive Quota Principal Retail 52

Shawn Ryder

JANUARY 19, 2024

Vehicle equity refers to the difference between the market value of a vehicle and the amount of money owed on it. Calculating Vehicle Equity Vehicle equity is calculated using a straightforward formula: Equity = Market Value – Amount Owed. In simple terms, it is the value that you truly own in your car.

Down Payment 52

Down Payment Principal Finance Dealerships 52

Automotive Mastermind

NOVEMBER 18, 2022

This is an especially important tactic to maintain in today’s automotive retail space as trends have evolved quicker than ever. With so many external factors, including ongoing inventory shortages, it’s critical for all dealers to look ahead in order to enhance their ability to market to their audience confidently.

Buyer 52

Buyer Finance Supply Chain APR 52

VinSolutions

JULY 12, 2018

They need to be proactive,” said Lori Wittman, Senior Vice President of Retail Dealer Solutions at Cox Automotive and General Manager at VinSolutions. VinWorx is all about helping our clients learn how to better utilize their CRM tools to get in front of consumers and make more deals.

Principal 40

Principal Retail Dealerships Automotive 40

Automotive Mastermind

JANUARY 26, 2023

Ongoing inventory shortages are having costly effects on OEM and dealer loyalty rates in 2023 as vehicle prices remain high across the market. light vehicle market rose from 49.2% a 7% increase from the estimated 2022 tally,” noted Chris Hopson, principal analyst at S&P Global Mobility in a December report. in October.

Customer 52

Customer Dealerships Principal Management 52

Turbo Marketing Solutions

FEBRUARY 28, 2024

For instance, the Federal Trade Commission (FTC) introduced the Combating Auto Retail Scams Rule (CARS Rule) in 2024, setting new requirements on the sale, financing, and leasing of vehicles by motor vehicle dealers. Staying informed about these industry-specific regulations is vital for complete compliance.

Dealerships 52

Dealerships Customer Principal Finance 52

Terry Lancaster

AUGUST 1, 2023

The number one reason why people leave automotive retail is spousal pressure. A lot has to do with training, you know, with having certain values with an ability to utilize software and marketing everything right. I'm I come from the marketing side, and I've done training on the sales side. But it's really, really complex.

Automotive 52

Automotive Dealerships Finance Banking 52

Canadian Auto Dealer

OCTOBER 1, 2024

The strong employee team we have built is also the best and have made it much easier to compete in the auto retail space. What I like most about the business: The auto retail business is very dynamic and that always keeps me interested in the business. What I like most about the business: Retail automotive is complicated.

Retail 52

Retail Automotive Principal Customer 52

Canadian Auto Dealer

SEPTEMBER 17, 2024

GoAuto has been involved in the auto retail industry for more than 30 years and has established itself as one of the major retail groups in Canada. Earlier this year, the Alberta-based group opened L’OCA Quality Market in a suburb of Edmonton, retailing produce and also featuring two restaurants — all under one roof.

Principal 97

Principal Retail Marketing Automotive 97

Canadian Auto Dealer

NOVEMBER 5, 2024

CarGurus recently introduced a new digital retail solution that it says more efficiently connects Canadian dealers with consumers that are ready to buy a new vehicle. They can start their financing application online for new and used vehicles, book an appointment, and start a trade-in before completing the process at the dealership.

Principal 52

Principal Finance Retail Deal 52

Canadian Auto Dealer

JANUARY 3, 2025

Depending on which dealer you talk to and the brand or multiple brands they retail, there is reason for optimism or concern for vehicle sales in Canada this year, according to some people interviewed by Canadian auto dealer. Carson Grant, Managing Partner and Dealer Principal of Comox Valley Dodge in B.C.,

Principal 98

Principal Rebate Manufacturing Retail 98

Canadian Auto Dealer

NOVEMBER 22, 2024

Erik Johnson, Vice-President and Senior Economist at BMO Economics Erik Johnson, Vice-President and Senior Economist at BMO Economics, presented a market outlook, starting with an update on the outcome of the United States Presidential election. The upside for the Canadian economy is that generally the stronger the U.S.

Dealerships 52

Dealerships Principal Retail Management 52

Canadian Auto Dealer

MARCH 10, 2025

D epending on which dealer you talk to and the brand or multiple brands they retail, there is reason for optimism or concern for vehicle sales in Canada 2025, according to some people interviewed by Canadian auto dealer. Carson Grant, Managing Partner and Dealer Principal of Comox Valley Dodge in B.C., Thats what Im really pushing for.

Principal 52

Principal Rebate Manufacturing Retail 52

Canadian Auto Dealer

JANUARY 21, 2025

They also bring experience in various industries, from insurance to retail to the auto sector. Advisors provide expertise in areas like biodiversity, forestry, education, youth engagement, Indigenous partnerships, data, business, and climate adaptation.

Principal 52

Principal Retail Insurance Networking 52

AutoSuccessOnline

NOVEMBER 15, 2024

They’ve checked their car’s value on KBB and seen the retail price — naturally, they’ll aim high. When a seller lists their car for retail they won’t only get beat up by local dealers, but savvy buyers as well. Sure, most sellers won’t budge on their retail price at first — but we expect that. Put yourself in their shoes.

Principal 52

Principal Retail Spread Deal 52

Auto Remarketing

NOVEMBER 14, 2024

According to GlobalData, the automotive M&A market in Q2 2024 saw a 4% increase in deal value, but a 21% decline in deal volume compared to Q2 2023, reflecting a challenging and changing market during a time of margin compression. What dealer principals should be focused on — is what they can control.

Automotive 52

Automotive Principal Dealerships Supply Chain 52