Dealers: Page 98


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    F&I Managers Tell How to Handle Rejections, Objections

    Managers say they go on to the next finance and insurance customer at the dealership even though six in a row might have said, “Thanks but no thanks.”

    By Sept. 19, 2012
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    Name Your Dealership Successor

    If a successor is not named during the dealer’s life, the result can be lengthy negotiations, scrambling to meet qualifications and bending to the demands of the franchisor.

    By Michael Charapp • Sept. 19, 2012
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    Trendline

    Artificial 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
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    Study Questions Search-Engine Marketing’s Effectiveness

    On average, 55% of dealer online advertising budgets are for so-called SEM, but only 6% of dealership website traffic comes from paid search keywords, Dataium says.

    By Sept. 17, 2012
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    Targeted Emails Match Cars to Customers

    Customer-relationship management software allows dealerships to systematically and specifically market new and used cars to people who are most interested in them.

    By Sept. 10, 2012
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    Chevy Dealers Enroll in Mickey Mouse Courses

    The Disney Institute is teaching auto retailers to place less emphasis on the transaction and more on interaction with customers.

    By Tom Beaman • Sept. 6, 2012
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    Keeping Customers a ‘Must’ at Crest Auto Group

    Mike Brosin wants his Cadillac-Infiniti dealership in Plano, TX, to provide over-the-top customer service.

    By Lillie Guyer • Sept. 5, 2012
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    It’s Illegal for Dealer to Copy a Military ID

    Dealers selling vehicles to military personnel need to follow a specific set of dos and don’ts.

    By Gil Van Over • Aug. 27, 2012
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    Internet Reshapes How Dealers Sell Used Cars

    Millions of prospective auto customers go to the major Web portals in search of vehicles that fit their needs, fulfill their dreams and meet their budgets.

    By Maureen McDonald 1 • Aug. 24, 2012
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    Consumers Expanding Considerations When Making Car Purchase

    Car buyers now and in the future will place a greater importance on vehicle quality, product cadence, expected cost of ownership, fuel economy and connectivity, a Polk forecaster predicts.

    By Aug. 9, 2012
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    Auto Competition to Heat Up, NADA Says

    Inventory shortages are over and dealers are ready to sell, says Paul Taylor, the group’s chief economist.

    By Aug. 7, 2012
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    Five Things Dealers Must Know About Surety Bonds

    Danielle Rodabaugh, chief editor of the Surety Bonds Insider, writes about what dealers can – and shouldn’t – expect from surety bonds.

    By Danielle Rodabaugh • Aug. 3, 2012
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    Dealership Going to the Dogs

    Jill Green thinks her remodeled Chevy dealership looks great, even though it doesn’t conform to General Motors’ lookalike designs.

    By Tom Beaman • Aug. 1, 2012
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    Certified Vehicles Act as ‘Bridge’

    Autos makers operate CPO programs to remarket off-lease vehicles, cultivate brand loyalty and introduce people to the brand in hopes they ultimately buy a new vehicle.

    By James Flammang • July 30, 2012
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    Service Departments to the Rescue

    Service managers throughout the U.S. aid their communities and stranded motorists and distressed tourists as a regular part of doing business.

    By Maureen McDonald 1 • July 30, 2012
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    Fight Flat Fees for Auto Financing

    Dealer “markup” is an incorrect term based on the false assumption that wholesale loan rates available to dealers are available to consumers.

    By Michael Charapp • July 17, 2012
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    New Fiat 500 Marketing Campaign Looks to Continue Brand’s U.S. Resurgence

    After a rocky advertising start, Fiat tries again with more focus on the car and less on celebrity with a new TV spot titled “Immigrants” that playfully portrays the brand’s journey from Italy to the American shores.

    By Aaron Foley • July 16, 2012
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    Marketing Missteps Impede Toyota Kirloskar in India

    The auto maker’s deliberate approach to decision-making may leave it vulnerable to market trends.

    By Sudhakar Shah • July 16, 2012
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    Study Shows Need for Balanced Dealership Marketing

    To see what would happen, the Larry H. Miller dealership group splits stores into two test groups, one heavy on digital marketing, one not.

    By July 13, 2012
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    F&I Flies High

    During the recession, dealerships honed their skills in relating better to customers, finding financing options and revisiting training. It’s paying off now.

    By Maureen McDonald 1 • July 12, 2012
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    Speed Counts in F&I Office

    More of the F&I process will be automated in the future to speed transaction time. But despite the emerging technology, F&I remains a people business, says Robert Gault of Classic Chevrolet.

    By Maureen McDonald 1 • July 12, 2012
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    Extended Warranties Remain Popular

    Some dealerships such as Earl Stewart Toyota in West Palm Beach, FL, provide their own extended-warranty contracts and work to get every customer covered.

    By Maureen McDonald 1 • July 12, 2012
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    Top Trends in Dealership Finance and Insurance

    The F&I function is an integral component of the vehicle-acquisition process. It will not be relegated to a relic of the past any time soon.

    By David Robertson • July 12, 2012
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    Mitsubishis, Suzukis Popular With Subprime Set

    Here are the top 10 vehicles bought the most by people with imperfect credit scores.

    By June 29, 2012
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    Lustine Focuses on What it Can Control

    In this economy, a dealership can’t afford to make a mistake, says Jim Giddings of Lustine Automall.

    By Lillie Guyer • June 27, 2012
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    Thailand Seeks to Amp Up Auto-Parts Industry

    The federal government is offering generous incentives to certain high-technology parts makers.

    By June 21, 2012