Increasing inventory levels, rising floor plan costs and margin compression are the latest twists in what continues to be a rapidly evolving automotive retail market.
It’s crucial to strike a balance between stocking sufficient inventory to meet demand and avoiding overstocking, which can lead to financial strain.
“Industrywide performance improved substantially,” Pied Piper’s Fran O’Hagan says of responsiveness to customers' online inquiries.
The collaboration allows four DC-area residents to own cars, build credit.
In a WardsAuto Q&A, Car Pros CEO Matthew Phillips tells how he became a megadealer.
Average transaction prices dip as incentives grow.
Kelley Blue Book releases car lists with best resale margins.
The awards are based on DealerRater.com scores.
A slump in BEV residual values sees owners struggle to off-load their aging cars, survey suggests.
Auto retail insiders say shoppers value dealers, even if they begin their purchases online.
