Dealers: Page 12
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Time to Push BEVs Ahead of Looming Loss of Tax Credit
Cox E-Vision Intelligence Report shows how BEV tax credits spur sales.
By Nancy Dunham • Dec. 2, 2024 -
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Sales Figures Begin to Shift Upward
Cox Automotive forecasts higher sales as consumer confidence rises.
By Nancy Dunham • Nov. 27, 2024 -
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Mobility Options Hit a Speed Bump
Scooters, bikes and other mobility choices flourish, but cars still rule the road.
By Steve Finlay • Nov. 26, 2024 -
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Podcast
WardsAuto Podcast: Auto Dealer M&A Maven Dave Cantin
While the atmosphere around automakers trying to navigate a transition to battery-electric vehicles is fraught, especially with the changing of White House administrations, there are many challenges for car dealers, as well.
By Wards Staff • Nov. 25, 2024 -
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Opinion
Industry Voices | Navigating the 2025 Auto Loan Refinancing Bump
As consumers become aware of the opportunity to lower their monthly payments, lenders should prepare for an increase in refinancing requests. This trend is likely to gain momentum in early 2025.
By Jessica Gonzalez • Nov. 25, 2024 -
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Opinion
Industry Voices | Using Technology to Grow Used-Car Inventories
Advanced digital platforms directly connect dealerships and individual car owners looking to sell their vehicles. This approach bypasses the middlemen typically involved in wholesale auctions.
By Brad Parker • Nov. 22, 2024 -
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Do Your Customers Suffer From ‘Subscription Fatigue?’
Here’s why and how F&I can fix the ailment.
By Steve Finlay • Nov. 21, 2024 -
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Car Dealers Praise ‘Power of the Phone’
Timely customer satisfaction leads to more sales.
By Steve Finlay • Nov. 20, 2024 -
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Retail Automotive Market Sees Signs of Steadying
TransUnion reports monthly car payments, delinquencies beginning to stabilize.
By Nancy Dunham • Nov. 19, 2024 -
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Subprime Originations Rise
The increase is the first since early 2019, according to the Federal Reserve.
By Jim Henry • Nov. 18, 2024 -
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Manufacturers Help Dealers Clean Out Their Lots
It’s hoped enhanced incentives will move excess inventory and make way for new models.
By Nancy Dunham • Nov. 15, 2024 -
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Improve Warranty Processing, Improve Revenue
Dealers can rely on software, data analytics to speed processing.
By Alysha Webb • Nov. 14, 2024 -
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Opinion
Industry Voices | Electric Vehicles: Serious Customers, Serious Business
Driftrock’s latest research shows automotive brands and dealerships that focus their marketing efforts on digital channels have seen a 210% year-on-year increase in EV leads.
By Matt Wheeler • Nov. 13, 2024 -
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Customer Satisfaction Up, But Dealers Need to Shore Up Processes
Dealer satisfaction scores rose minimally, J.D. Power reports.
By Nancy Dunham • Nov. 11, 2024 -
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Curbee Carves a New Path for Dealership Service
CEO Amit Chandarana steps up driving innovation to dealers’ service offerings.
By Jim Henry • Nov. 11, 2024 -
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Dealers Want to Put the Brake on Used-Car Prices
Used-vehicle supplies remain at low levels, reports Manheim.
By Jim Henry • Nov. 8, 2024 -
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Minimal Savings Can Maximize Auto Sales
Adding $50 to $150 to consumers’ monthly budgets can win deals.
By Nancy Dunham • Nov. 7, 2024 -
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Opinion
Industry Voices | From 5% to 40%: How a Dealer Cracked the Code on Selling to a Diverse Customer Base
It all comes down to streamlining communication.
By Juan Alarcon • Nov. 6, 2024 -
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Opinion
Industry Voices | Scary Times for Vehicle Subscription Services
Just when you thought the whole subscription model was doomed, a new breed of survivors emerges from the shadows, leveraging learnings from the past to make quick progress.
By John Possumato and Nick DiPrima • Nov. 5, 2024 -
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Unexpected Boost: Dealers Find EVs Increase Fixed Ops Revenue
Public reports show BEVs drive higher average repair orders than ICE vehicles.
By Jim Henry • Nov. 4, 2024 -
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Dealership Profitability Plunge Slows Thanks to Fixed Ops
Latest Presidio-NCM report sees brighter days ahead.
By Alysha Webb • Nov. 1, 2024 -
Courtesy of WardsAuto
High Insurance Rates Pump the Brakes on Car Sales
F&I managers don’t sell insurance, but they can suggest tools for customers to steer past sticker shock, says Polly’s Mike Burgiss.
By Nancy Dunham • Oct. 29, 2024 -
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Customer Pay vs. Warranty Work
Dealers need to court aftersale work to boost profits, say dealer group leaders.
By Jim Henry • Oct. 28, 2024 -
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AM/FM Radio A-One for Most Drivers
Consumers shun infotainment systems due to their complexity.
By Steve Finlay • Oct. 28, 2024 -
Courtesy of WardsAuto
Opinion
Industry Voices | Is CFPB’s Focus on Junk Fees Justified?
The CFPB’s ongoing campaign against what it terms “junk fees” doesn’t reflect consumer experience in the auto lending space, based on what consumers are actually complaining about.
By Tom Oscherwitz • Oct. 28, 2024
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