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How Is Automotive Inventory Management Expected to Look in Q2?

Automotive Mastermind

By analyzing their inventory turnover rate and comparing Q1 to the same period last year, dealers can proactively identify areas for improvement and make data-driven decisions to optimize their sales tactics. Dealers should review inventory levels to ensure they align with their sales goals for the upcoming quarter.

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5 Ways To Improve Dealership Customer Loyalty & Retention

Automotive Mastermind

Looking from a broader perspective, brand loyalty has been declining since March 2020 when it stood at 56.3%, immediately before the start of the pandemic and the start of the supply chain challenges, according to S&P Global Mobility, Is Car Inventory Improving?

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Guide to Dealership Customer Loyalty

Automotive Mastermind

This process empowers dealers to meet their short-term sales goals by maximizing their available inventory – all while protecting against competitor’s conquest efforts by reaching buyers before they start shopping around. Despite consumer demand remaining high, NADA reported new light-vehicle sales fell 12.6%

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Porsche still pulling new buyers with electric Taycan

CarExpert

Macan Electric Taycan The heavily updated Taycan and all-new electric Macan are launching in an interesting period for electric vehicles (EV), as a number of manufacturers – including Porsche – have softened their EV goals after reporting cooling demand globally.

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