Dealers: Page 70
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FCA Announces Dealer-Allocation Plan for ’18 Demon
Dealers can begin ordering a Demon as early as Wednesday if they sold more than one Dodge Challenger SRT Hellcat in the past 12 months, but can order only as many Demons as they are allocated.
By Remi Murrey • June 20, 2017 -
Customer Retention Comes in Different F&I Packages at Dealerships
Dealers use a specific tire-protection program both to get a competitive advantage over aftermarket competitors, and also warm customers to purchasing value-added F&I products.
By Jim Leman • June 19, 2017 -
Explore the Trendline➔
Courtesy of Kia Corporation
TrendlineArtificial Intelligence
Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.
By WardsAuto staff -
Subprime Becomes Too Rich for Some Lenders’ Blood
“Serious auto-loan delinquency rates are approaching levels not seen since the recession,” says TransUnion’s Brian Landau, adding that it’s important to keep it in perspective. He does so in a WardsAuto Q&A.
By Steve Finlay • June 16, 2017 -
Three Common E-Commerce Mistakes (And How To Fix Them)
A car dealer’s website is like a showroom: If it’s empty, it can’t convert shoppers into buyers.
By Aaron Krane • June 15, 2017 -
For Car Dealers (and Everyone), Accountability Rocks
Who knew? It really is all about you.
By Richard Libin • June 15, 2017 -
China Startups Launching Brands Alongside Products
The Lynk & CO startup is leaning heavily on the Volvo brand heritage for legitimacy, but an investment analyst says not having the burden of a parent brand actually may help electric-vehicle startup NIO.
By Alysha Webb • June 13, 2017 -
Potential Lean Car Dealer Stocks Defy Customer Wants
“Consumers in America have shown an absolute fascination with inventory,” says auto-industry veteran David Kain.
By Steve Finlay • June 13, 2017 -
Thai Police Recover Cars Stolen in Insurance Scam
The 42 stolen vehicles included seven BMWs, three Land Rovers, eight Mercedes-Benz and two Rolls-Royce models.
By Alan Harman • June 9, 2017 -
Car Dealer Knows What Customers Want; So Do They
“People are just not ready for autonomous cars,” says Wes Lutz, the owner of Extreme Dodge Chrysler Jeep Ram.
By Steve Finlay • June 8, 2017 -
Minimizing the Rising Cost of Compliance
It’s easy to conclude that with even greater federal oversight in auto finance, compliance costs have continued to grow, further constricting dealership profit margins. The fact is, compliance isn’t going away.
By John Stephens 1 • June 7, 2017 -
Trade-Ins Welcome at Thai Used-Supercar Dealership
Vittawat Chinabarramee, managing director of Niche Cars Group, sold 70 new supercars last year, mainly Lamborghinis and McLarens. He expects to make 60-70 sales this year and 90 in 2018, when the new Lamborghini SUV becomes available.
June 5, 2017 -
Ready, Set, Go! Clock Is Ticking
Other than driving the car off the lot, the F&I process can be the most pleasurable part of the transaction for the customer.
By John Stephens 1 • June 5, 2017 -
Jaguar XE SV Project 8 Breaks Cover
Jaguar expects the Project 8 will become the second Collectors’ Edition vehicle from SVO, following the successful launch of the 567-hp Jaguar F-Type Project 7 in 2014.
By Paul Myles • June 5, 2017 -
Different Words Matter to Different Car Shoppers
“Power” is a high converter across different demographics, including women, Generation X and college graduates, but not so much parents.
By Steven Finlay • June 2, 2017 -
Warning to Dealership Salespeople: If You Act Like a Robot, One Could Replace You
In a WardsAuto Q&A, automotive digital guru David Kain talks about his days as the first employee of FordDirect and the need today for empathic salespeople.
By Steve Finlay • June 1, 2017 -
Augmented Reality Comes of Age, Not a Moment Too Soon
The latest AR apps allow consumers to project, configure and experience vehicles of interest anytime, anywhere.
By Anant Kamat and Christina Raab • May 30, 2017 -
Who’s on the WardsAuto Megadealer 100, Who Isn’t
Annual list shows a growing emphasis on fixed operations as a major revenue source.
By Phil Villegas • May 26, 2017 -
Automotive Info Tech Giant CDK to Acquire Auto/Mate
In a WardsAuto Q&A, CDK CEO Brian MacDonald explains the thinking behind the purchase.
By Steve Finlay • May 24, 2017 -
Mitsubishi to Update Japan R&D Operations
The ¥33 billion investment will include an upgrade of its Okazaki wind tunnel, set for completion in early 2020.
By Alan Harman • May 23, 2017 -
Automakers Assemble Them, He Takes Them Apart
“We end the life of old cars, but ultimately you are giving life to new ones,” says recycler Mike Bassipour.
By Steve Finlay • May 23, 2017 -
Three Easy Steps for a More Efficient Dealership
As the focus turns to maximizing fixed-ops opportunities, better logistics can minimize costs and improve customer service.
By Darryl Barber • May 19, 2017 -
Worst-Case: Hacker Sends Self-Driving Car Off Cliff
Last year, the FBI and NHTSA warned of vehicles becoming increasingly vulnerable to remote exploitation.
By Steve Finlay • May 17, 2017 -
Auto Dealers Who Master New Rules Will Win
More than 40% of shoppers don’t contact a dealership before their visit. Yet, they come armed to the teeth with information from online sources.
By John Clavadetscher • May 16, 2017 -
A Formula for Dealership Success Despite Shrinking Margins
Start by taking a look at what your CRM is telling your people to do. Are any of the processes outdated? Unrealistic? Flat-out wrong?
By Mark Vickery • May 15, 2017 -
New Cars Increasingly Rare as Syrian Civil War Rages
Due to the tanking economy and widespread violence, more than 4 million people have left Syria, either taking their cars with them to neighboring countries or selling them. The automobile sector slowly has morphed into a used-car market.
By Paul Cochrane • May 12, 2017