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20% Inflation Happened Before, Will It Happen Again?
May 25, 2021
When an esteemed Wharton finance professor and the country’s largest private vehicle wholesaler independently warn of the same future, it’s probably worth taking notice.
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Think Twice Before Renting Your Vehicle to ‘Gig’ Drivers
Apr 21, 2021
What do Uber eXchange Leasing, Fair.com and Maven all have in common? They thought they could make money renting to “gig” rideshare or delivery drivers, and they are all out of that business, or out of business.
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Chasing Down the Direct-Sales, EV and Used-Car Pucks
Mar 19, 2021
Volvo says it will be an all-electric vehicle company by 2030 and by that time will convert entirely to online sales, essentially relegating dealers to delivery and service centers. Such an announcement puts car...
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Fixed Ops Pick-Up & Delivery – Now a Necessity
Feb 24, 2021
The pandemic has accelerated many changes. Some customer-centric services, such as vehicle “concierge” or pick-up and delivery, went from a convenience to the price of admission for most fixed operations.
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Car Market Shifting As More Work, Shop From Home
Jan 25, 2021
For those dealers not in the premium luxury end of the market, wouldn’t it make sense to investigate the marketing, technologies and new ways of securing business in the subprime, deep subprime and first-time buyer...
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Delivery Among Pandemic Trends That May Not Continue
Jan 19, 2021
Home delivery for many items such as prepared food and groceries are costing everyone more money, and everyone is losing: the merchant, the delivery company, the driver and, most importantly, the consumer.
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Dealers Need to Go ‘All the Way’ With Digital Retailing
Oct 19, 2020
In this second of a two-part series, the author urges auto dealers to open up to new ways of thinking about digital retailing, free of the constraints currently in the market. Incumbents resisting adaptation and...
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Fact, Fiction of the ‘Carvana Advantage’
Oct 15, 2020
In this first of a two-part series, author John Possumato says new arrivals in the used-car retailing space aren’t making any real money yet, but Carvana is highly valued because it has enough customer momentum and...
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Four Ways Car Dealers Can Survive, Thrive
Jul 13, 2020
If I were time warped from January to now, I’d think I was in a sci-fi remake of “The Andromeda Strain.”
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Car Dealers Should Lead Way to New Mobility
Mar 03, 2020
NADA Chairman Rhett Ricart is right: “Dealers will be more than just fine” as the world changes.
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