Dealers: Page
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Column
The AI Automotive Retailing Revolution Is on the Horizon
Machine learning technologies save time, boost sales and satisfaction.
By Kos Jha • June 18, 2024 -
EV Sales Stalled by Lack of Charging Options, Study Finds
Charging concerns may send some EV owners back to ICE vehicles.
By Alysha Webb • June 17, 2024 -
Explore the Trendline➔
Courtesy of Toyota Motor North America
TrendlineTop 5 stories from WardsAuto
Automakers are evaluating their long-term strategies, revisiting their product mix, and approach to both retail and manufacturing approach along the way.
By WardsAuto staff -
AI Presents Benefits, Pitfalls for Car Dealers
“Don’t hide from it,” Erik Nachbahr advises auto dealers about artificial intelligence. “Embrace it carefully. Be thoughtful.”
By Steven Finlay • June 14, 2024 -
AI-Powered Platform Aims to Boost Dealerships’ Service Department Profits
“Think of Numa as a kind of AI agent that is helping people in the service department,” Numa CEO and co-founder Tasso Roumeliotis tells WardsAuto.
By Alysha Webb • June 13, 2024 -
Manheim Used Vehicle Value Index Declines Again
Tumble could boost dealers’ profits.
By Jim Henry • June 12, 2024 -
It’s Tricky Setting Used BEV Residual Values
“It’s the only question that keeps me up at night,” says Tommy Moore Jr., CEO of Stellantis Financial Services.
By Steven Finlay • June 11, 2024 -
Manufacturers, Dealers Seek Consumer Insights Into Selling EVs
As new electric models are released, the dealer-manufacturer partnership gains importance.
By Alysha Webb • June 10, 2024 -
Manufacturers Partner With Dealers to Sell EVs
As new electric models are released, the dealer-manufacturer partnership gains importance.
By Alysha Webb • June 7, 2024 -
EV Charging Networks ‘Improve Dramatically’
J.D. Power reports largest quarter-over-quarter increase in public charging satisfaction.
By Nancy Dunham • June 6, 2024 -
Dealers Who Modernize Marketing Strategies Can Boost Market Share, Profits
“It's really about understanding the behavior of customers,” says Nissan vice president Marisstella Marinkovic.
By Nancy Dunham • June 5, 2024 -
F&I Managers Flock Back to Captive Finance Companies
Experian reports captives’ market share is highest in almost 15 years.
By Jim Henry • June 3, 2024 -
EVs at a ‘Low-Tide Moment,’ Report J.D. Power Experts
Expect more discounts and incentives to move the “all-time high” EV inventory.
By Nancy Dunham • May 31, 2024 -
Empower F&I Managers to Take the Wheel
Strategies to boost sales, satisfaction with more loan approvals.
By Steven Finlay • May 29, 2024 -
Dealers Invest in EV Inventory but Not Training
A knowledge gap keeps EVs on the lots, experts contend.
By Jim Henry • May 28, 2024 -
Memorial Day Deals Likely Offset by Incentives, Leasing
Expect rise in sales volume but sinking profits, reports J.D. Power.
By Nancy Dunham • May 24, 2024 -
Auto Insurance Shopping Booms, Reports TransUnion
Inflation drives consumers toward cost-cutting, but interest in buying or leasing cars still increases.
By Nancy Dunham • May 22, 2024 -
How Far Can Online Car Seller Carvana Go?
“Our goal is to deliver as many cars to as many people possible,” says Carvana CEO Eddie Garcia III.
By Steven Finlay • May 20, 2024 -
Profits Rise, But Not for Long
A pullback on incentives offers short-term relief for some dealers.
By Nancy Dunham • May 17, 2024 -
Used BEVs Boost Dealers’ Profits
Proceeds are higher than for new BEVs, says Penske Auto Group’s CEO.
By Jim Henry • May 10, 2024 -
Gen Z’s Interest in Autos Accelerates Sales
Young buyers have strong credit, eagerness to buy autos.
By Jim Henry • May 10, 2024 -
Extra Effort Wins Dealerships Service Customers
Dealers fight back against aftermarket services with complimentary multipoint inspections, personalized service.
By Alysha Webb • May 9, 2024 -
Auto Dealer Trifecta: Email, Text, Phone Online Shoppers
Chicago dealership group ranks highest in the latest Pied Piper mystery-shopping study of internet effectiveness in car sales.
By Steve Finlay • May 9, 2024 -
Watch Out, Dealers: Aftermarket Services Are Gaining on You!
Wait times are among the key reasons service customers avoid dealers, reports J.D. Power.
By Nancy Dunham • May 8, 2024 -
Leasing Continues Its Comeback
Lease penetration for the whole new-car industry was 24% of retail sales in the first quarter, up from 19% a year earlier, experts report.
By Jim Henry • May 7, 2024 -
Column
ADAS Technology’s Impact on Vehicle Customization
Collaboration between OEMs, aftermarket entities and regulatory bodies is imperative to develop standardized procedures and guidelines for vehicle customization.
By Brian Herron • May 6, 2024