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Team Velocity’s Automotive Leadership Roundtable Tackles Industry Challenges

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Explore how leveraging AI and real-time data can help predict consumer behavior, optimize sales funnels and deliver hyper-targeted marketing that drives engagement and conversions. Competing with Direct-to-Consumer Giants: Disruptors like Amazon and Carvana are reshaping the automotive market with speed, transparency and convenience.

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DealerAI Introduces MAGS

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DealerAI announced the launch of Multi-Agent Generative System (MAGS), a next-generation AI platform designed to provide car dealerships and auto groups with an advanced, customizable AI solution that enhances online customer interactions, automates key workflows and scales with business needs. ” Now available in the U.S.

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Inventory Management Tools Drive a Successful Used Vehicle Strategy

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Back in the early days of his career, Jose Mendoza was simply looking for an office job at a local car dealership. During his interview process with the dealership’s general manager, their general sales manager actually convinced Mendoza to the sales side of the business with an odd persuasion method. “He

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Benefits of Outsourcing Title Work

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Outsourcing allows car dealerships to streamline operations and their employees to focus on what they do best — sales and customer service. In today’s competitive automotive market, efficiency must be a priority. Outsourcing title work also provides an ideal solution when staff goes on vacation or turnover occurs.

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How CarGurus Is Changing the Car Buying Process

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Simplifying the Car-Buying Experience CarGurus has fundamentally changed the way consumers search for and purchase vehicles. The platform simplifies every step of the process, making it more accessible and manageable for both new and experienced buyers.

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The Smart Shift: How Dealerships Are Slashing Processing Costs

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Among the myriad of industries, car dealerships stand out for their keen adoption of innovative financial practices to sustain profitability. The Cost-Saving Potential For car dealerships, where transactions are typically high-value, the cost savings from adopting these strategies can be substantial.

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Cox study shows dealership service lanes losing market share, consumer trust

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The service business continues to be a key part of any dealership operation,” Cox Automotive senior manager of market and customer research Vanessa Ton said in a news release. As a result, they’re bringing their vehicle in for service or maintenance more often: an average of 2.5 times a year, up from 2.3