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cardealerships fell to 34% in 2021, according to JM&A’s 2022 Ultimate Guide to Dealership Growth. Little of this investment is for training staff on following various regulations governing the dealership’s business. Dealers must train staff on proper email and other data usage hygiene.
Volkswagen announced plans to bring back the Scout name back in 2022, and late last year, we saw the first vehicles Scout plans to sell the Traveler SUV and Terra pickup truck. We were big fans, the general public were big fans and VW dealers were mad because Scout plans to use a direct-to-consumer sales model, Read more.
The average American household earned $74,580 in 2022 across all industries, according to U.S. The salary gap between women who work at cardealerships and men who work at franchised cardealerships is approximately one average American household, according to new survey data from Automotive News.… Read more.
Aside from having just four models to sell, dealers have a bunch of cars from one and two model years ago that they haven’t been able to move. Lincoln dealers have a big problem. As Automotive News reports, this means Lincoln dealers have some of the highest inventory levels in the industry. This also means that there… Read more.
It’s no secret that dealers are facing a complex set of challenges when sourcing used car inventory. While supply constraints have been a major focus, it’s also important to consider how demand dynamics are influencing the used car market and complicating dealerships’ ability to source inventory effectively.
For cardealerships, this translates to websites that mirror the positive online shopping experience customers have elsewhere. A dealership’s website is the battleground for converting digital window shoppers into potential buyers. To succeed, traditional relationships must be supplemented with strong digital engagement.
A prime example is the 2022 Black Friday/Cyber Monday weekend, seeing sales total $20.43 For cardealerships, this translates to websites that mirror the positive online shopping experience customers have elsewhere. A dealership’s website is the battleground for converting digital window shoppers into potential buyers.
Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new-cardealership in the United States, regardless of brand, location or direct input from the dealership.
Several high-profile data breaches have highlighted the vulnerabilities in the automotive retail sector: DriveSure Data Breach (2020) : A cyberattack on DriveSure, a company providing customer retention tools for cardealerships, exposed the personal information of 3 million customers, including names, addresses and vehicle details.
Today, we’re sharing an interview our sister publication aftermarketNews conducted, which we think you’ll find informative and insightful for the new cardealership as well. It also calibrates around the car — not just forward-facing cameras and sensors. Louis-based company doesn’t do when it comes to wheel service.
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