The Dealer 5 | April 27, 2015
Dealer news and information from WardsAuto and around the web.
Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet. So let's go:
1. | Relationships need repairs at dealership service departments. Two groups with different backgrounds and pay plans don’t often see eye to eye. What’s the problem? |
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2. | The new reality: Kids sleep with their smartphones, and adults wield them at dealerships. The new calling card: Have phone, will car shop. |
ADVERTISEMENT The auto accessories industry is $40 billion and dealers represent less than 5%. Could accessories be the new profit center for dealerships? It is one new frontier that may hold the most profit potential dealers have seen since adding the F&I department 40 years ago. | |
3. | Surprise. Everyone, everywhere still wants to own a car. In a worldwide survey, more than 90% said driving is convenient, fun and “very sensible.” |
ADVERTISEMENT F & I Resource Center sponsored by Ally Auto. Valuable content to help you boost profits in this all-important division of your business. | |
4. | CarMax is stampeding into Buffalo, NY, seeing it as a market “that fits into our current growth plan.” But first the used-car chain must knock down a hotel with a prime location but a hard past. |
5. | People think they won big in a dealership’s game of chance. They find out otherwise. They feel tricked. The store, saying contests with asterisks are common, might want to read this. |
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