DealerTrack unveils a new inventory-management system, InventoryPro, which the firm says provides dealers with analytical tools to manage inventory turnover by customizing their sales history and market data.
Ever wonder why mass merchandisers employ people to set up displays? The obvious answer is that they want to make sure their product is displayed in a manner that is pleasing to the customer and draws the greatest possible attention in the...
Why do we have aged inventory? I have heard this question asked time and time again in used-vehicle departments. The answers vary. Everyone has an excuse for their aged inventory.
Chrysler Group is attempting to get the inventory monkey off its back, and is revealing for the first time since a stash of unsold vehicles was exposed by Ward's in October a ballpark-number report on its efforts.
GM Certified Used Vehicles has introduced a Web-marketing tool to its dealers. The QuickSpot TV Listing (currently offered through Cox Auto Trader's AutoExtra.com website) features exclusive video-ads with custom audio tracks. A dealer can...
When stocking vehicles for subprime buyers, a good target and rule of thumb is to look for vehicles you can buy $1,000 to $1,500 back of wholesale book. Finding these vehicles allows you to cover the fee structure of your lenders and still make a...