Turbo Marketing Solutions

SEPTEMBER 6, 2024

Service packages encompassing routine maintenance and repairs offer convenience while fostering long-term relationships with customers. Supply Chain Disruptions One significant challenge reverberating across the automotive sector is the ongoing supply chain disruptions, particularly due to semiconductor shortages.

Automotive 97

Automotive Supply Chain Sales Marketing 97

Shawn Ryder

SEPTEMBER 28, 2024

Additionally, smart contracts—self-executing agreements encoded on the blockchain—can automate and enforce terms of sale, reducing paperwork and minimizing the risk of disputes. These self-executing contracts are programmed to automatically enforce the terms and conditions agreed upon by both parties involved in a transaction.

Technology 52

Technology Supply Chain Finance Manufacturing 52

Car Examer

JULY 7, 2024

Decrease in New Car Financing Car finance payments have risen, prompting longer contract terms. Masson highlighted that average finance terms have extended from three to four years, leading to consumers holding onto their cars longer and delaying new purchases. Running costs are another factor.

Supply Chain 59

Supply Chain Sales Finance Insurance 59

Shawn Ryder

JANUARY 18, 2025

In today’s fast-paced automotive environment, many consumers find themselves contemplating whether to extend their car lease or return the vehicle at the end of the term. Leasing agreements involve lower monthly payments compared to purchasing a car, as you are only paying for the vehicle’s depreciation during the lease term.

Lease Extension 52

Lease Extension Lease Payment Supply Chain Repairing 52

Shawn Ryder

JANUARY 26, 2025

If your vehicle is approaching its fifth year, it might be wise to evaluate its current market value versus potential repair costs. Mileage: A vehicle with high mileage may require more maintenance and repairs, which can cost more over time. Age of the Vehicle: Cars typically lose value as they age.

Supply Chain 52

Supply Chain Insurance Repairing Finance 52

Auto Remarketing

OCTOBER 20, 2023

The strikes are too recent to predict the short and long-term impact on the wholesale and retail markets. However economic principles would indicate that a decreased supply of new vehicles creates scarcity, which is likely to move prices upward for late-model used vehicles. It could also mean higher recon and higher risk.

Management 52

Management Retail Supply Chain Repairing 52

Shawn Ryder

SEPTEMBER 28, 2024

Understand that customers may prioritize essential repairs over new purchases, leading to shifts in sales patterns. Leveraging Supplier Relationships Strong relationships with suppliers can provide leverage for better pricing or payment terms. It’s essential to recognize these factors early on to adapt your strategies appropriately.

Dealerships 52

Dealerships Supply Chain Finance Customer 52

Auto Remarketing

JULY 31, 2024

In reality, though, the pre-owned market might be the most critical aspect of the long-term viability of the EV/BEV market in the U.S. However, despite the growth, the challenge for many consumers remains giving a BEV a try when there are still so many questions about the long-term viability and value of their investment.

Sales 52

Sales Supply Chain Manufacturing Retail 52

Automotive Mastermind

FEBRUARY 11, 2022

This technology allows dealers to identify and engage service customers who are approaching the end of their lease or finance term, or the end of their warranty. These are the customers who are over their lease mileage or warranty, have declined repairs, or those with equity in their vehicle.

Dealerships 52

Dealerships Supply Chain Principal Customer 52

Automotive Mastermind

JUNE 17, 2022

Now, amid inventory shortages and historically high vehicle prices, nurturing a dealership’s automotive customer retention program against competitor’s conquest attempts has become key – critical to both immediate and long-term success. Despite consumer demand remaining high, NADA reported new light-vehicle sales fell 12.6%

Customer 52

Customer Dealerships Supply Chain ROI 52

Automotive Digital Marketing

AUGUST 1, 2023

The automotive industry encompasses a myriad of businesses – from car dealerships to parts distributors, and from repair shops to specialty services where one can bulletproof luxury vehicles. Are the terms and conditions in your favor? Next, consider the terms of payment.

Automotive 40

Automotive Supply Chain Insurance Customer 40

Autosoft

NOVEMBER 10, 2023

Whether you need to identify slow-moving items, establish reorder points, evaluate the profitability of specific products, or optimize your supply chain, this software provides a wealth of data-driven insights to enhance your bottom line. Enhanced Customer Service The core of any business is a satisfied customer base.

Management 52

Management Dealerships Supply Chain Retail 52

Canadian Auto Dealer

JANUARY 17, 2025

The lack of clarity out of Ottawa is impacting dealers in key areas like capital gains taxes, the right to repair legislation, ZEV mandates, and the scrapping of federal purchase incentives for zero-emissions vehicles. Bernard said new car sales in Quebec were up 13 per cent in 2024, which was the biggest growth of any province in Canada.

Supply Chain 52

Supply Chain Rebate Insurance Repairing 52

Car Examer

NOVEMBER 17, 2024

That’s what car subscriptions are all about (terminology is just created to confuse consumer it’s just a short term rental). It’s perfect for people who want flexibility without the long-term commitment. Supply Chain Problems Are Still a Factor Remember the chip shortages that sent car prices soaring?

Supply Chain 52

Supply Chain Marketing Banking Insurance 52