All Blog Posts (12,628)

Tennessee manufacturer warranty reimbursement rate “retail on warranty”

You heard right! Legislation has passed in the state of Tennessee effective July 1st that will allow you to submit for an increase regarding your current warranty labor rates and parts margins from your current levels, up to full retail!



Tennessee has now passed this legislation, which…

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Added by Rob Gehring on June 24, 2021 at 7:00am — No Comments

Tesla Model 3 Snags No. 1 Spot on Cars.com’s 2021 American-Made Index®; First All-Electric Vehicle to Top the List in Its 16-Year History

Detroit Three, Honda, Toyota Also Top 2021 Index, With GM Claiming the Most Spots

 

Americans Care Where Their Cars Are Made, Buying Non-American Considered “Unpatriotic” by More than a Quarter of Americans 

CHICAGO, June 23, 2021 — Leading digital automotive marketplace…

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Added by Allison Phelps on June 23, 2021 at 3:57pm — No Comments

How to retool your floorplan for today’s market

Floor planning is not a new topic; but it’s gotten a lot more interesting lately. As Auto News reported in a recent article, floorplan swung from a $96-per-vehicle-expense on average in 2019 to a $140-per-vehicle gain last year. The gains are attributed to slim vehicle…

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Added by Travis Peterson on June 23, 2021 at 7:37am — No Comments

Capturing Customer Moments and Making them Marketing Gold

Today’s car buyers are usually excited to show off their new car to their friends, families, and associates, either in person or by posting a video of their new vehicle on social media. This creates a huge opportunity for your dealership to earn sales referral business while building a strong library of customer testimonials to utilize across all your online…

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Added by Timmy D. James on June 23, 2021 at 6:11am — No Comments

PURECARS’ LAUREN DONALSON RECOGNIZED IN AUTOSUCCESS WOMEN AT THE WHEEL PROGRAM

Inaugural Awards Honored 19 Women From Across The Automotive Industry

ATLANTA – (June 22, 2021) – PureCars, a leading provider of digital marketing technology and services for automotive dealers, today announced Lauren Donalson was recognized in the inaugural “Women at the Wheel” awards by AutoSuccess magazine. The class of 19 award winners appears in a special section of the magazine’s June 2021 issue as well as…

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Added by John Sternal on June 22, 2021 at 1:16pm — No Comments

Kerrigan Advisors Represents Lithia Motors in Sale of Audi Valencia

Transaction marks the 117th Kerrigan-led dealership sale since 2015

INCLINE VILLAGE, NV – June 22, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented Lithia Motors (NYSE: LAD) in the sale of Audi Valencia to Ghreiwati Auto Group, owner of Surf City Nissan and Corona Nissan of Southern California.    

 

This transaction marks the 117th dealership that Kerrigan Advisors has advised…

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Added by Crystal Hartwell on June 22, 2021 at 8:05am — No Comments

How long does Roadside Assistance take to arrive?

Generally, the estimated time roadside assistance takes to reach the destination depends on where the help has been asked for. If the breakout zone is undeniably distant from the help zone, i.e., the assistance place, you may probably have to wait for a while, but otherwise, if the assistance is nearby.

However, there…

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Added by Aadam Alford on June 22, 2021 at 6:22am — No Comments

Latest news from 321 Ignition

Cindy Carrasquilla 

321 Ignition 

Cindy@321Ignition.com 

 

321 Ignition Puts Dealers in the Drivers’ Seat with Industry-Leading 

Ecommerce…

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Added by Cindy Carrasquilla on June 21, 2021 at 9:03pm — No Comments

Auto Dealership Buy/Sell Market Sets Another Record in Q1 2021, as Dealership Earnings, Revenue, Blue Sky Values, and Market Caps Hit Unprecedented Highs

A perfect, and unique, combination of market factors - record auto sales and grosses, soaring valuations, waning pandemic crisis and potential new tax laws - fueled acquisition activity to 66 completed transactions in Q1, and an unprecedented 300 completed over the past 12 month period, according to the First Quarter 2021 Blue Sky Report® by Kerrigan Advisors

 

Incline Village, NV - June 21, 2021 – The auto…

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Added by Crystal Hartwell on June 21, 2021 at 8:06am — No Comments

CULA Partners with Metro Credit Union to Offer Vehicle Leasing in New Hampshire

 CULA caps record-setting start to year by powering vehicle leasing for Metro Credit Union, the only credit union to offer the benefits of vehicle leasing in New Hampshire

 

San Diego, CA and Chelsea, MA–June 17, 2021 – Credit Union Leasing of America (CULA) has further expanded its vehicle leasing footprint through its partnership with Metro Credit Union, which launched vehicle leasing in New Hampshire this month.…

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Added by Crystal Hartwell on June 17, 2021 at 11:32am — No Comments

No Vehicles on the Ground? You Can Still Keep Customers.

If you’re reading this, you’re crying for inventory. We all are. The lack of new vehicles on the ground is like nothing I’ve ever seen before.

 

As CNBC reported, chipmakers shifted their focus to electronics like computers when…

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Added by Dan Dillingham on June 16, 2021 at 5:11pm — No Comments

How to Sell the Invisible Car

Right now, inventory is difficult to come by. Used cars are scarce and dealers are paying thousands over market value simply to have vehicles on their lots to sell. When it comes to new vehicle inventory the situation is even more dire. Many dealers’ lots have low new inventory because of chip shortages or transportation times. A…

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Added by Timmy D. James on June 16, 2021 at 7:43am — No Comments

Having Trouble Sourcing Used Vehicles? Get Creative!

A drive around town quickly identifies an odd reality: dealers’ lots are bare bones. It is honestly shocking how few new cars are on the ground. As new car inventory continues to fall, consumers are turning to used cars – putting a big strain on supply and driving up prices.

 

As a result,…

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Added by Travis Peterson on June 15, 2021 at 10:29am — No Comments

Life Widgets is a must have app for everyone - especially in Automotive!

One thing we often don’t think about is just how many businesses we interact with on a daily basis. Think about it, you order food from restaurants, you get your hair done at salons, travel around using Uber, book airfare & travel, and buy things online. But, to complete these tasks, you have to use several apps and visit multiple websites. And it’s in…

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Added by Chris Vitale on June 15, 2021 at 7:42am — 1 Comment

What Do You Do With An Obstacle?

In our video series, Ali Reda’s Road to Sales Success, we’ve been bringing you up to speed on the career of our friend, Carlos - a salesman working under the tutelage of Ali Reda. We’ve been discussing all the good stuff…

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Added by Damian Boudreaux on June 14, 2021 at 9:17pm — No Comments

Understanding Finance

Ladies and gentlemen, we are back with our video series, Ali Reda’s Road to Sales Success! We’ve been talking about the obstacles that Carlos was finding as he approached the end of his second month in the business. If…

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Added by Damian Boudreaux on June 14, 2021 at 9:00pm — No Comments

Need some tips on your newsletter?

Last week in our video series, Ali Reda’s Road to Sales Success, we began to tell you about that initial connection. So now that you’ve made that connection, what’s next? How do keep them engaged? 

Are you…

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Added by Damian Boudreaux on June 14, 2021 at 9:00pm — No Comments

Privacy or Safety -- Why Should We Choose Which Is More Important?

When it comes to vehicle recalls, I have always believed that safety comes first. One major challenge is the millions of vehicles on the road with open safety recalls and, with many vehicles changing hands privately, it is a monumental effort to identify those owners and notify them about an open safety recall and the risk to them, their families, and fellow…

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Added by Sean Reyes on June 14, 2021 at 9:58am — No Comments

MME



Ladies and gentlemen, we are back with our video series, Ali Reda’s Road to Sales Success! We’ve been talking about the obstacles that Carlos was finding as he approached the end of his second month in the business. If you…

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Added by Damian Boudreaux on June 13, 2021 at 11:30am — No Comments

Inventory Shortages Drive Car Shoppers to Neighboring States: Cars.com Reports 10% of Recent Buyers Traveled Across State Lines to Purchase a Car

Car Supply Shortage Squeezes Sellers and Shoppers as Cars.com Finds Nearly 1 in 3 Recent Buyers Drove 100 Miles or More for the Car They Want1 

CHICAGO, June 10, 2021 —…

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Added by Allison Phelps on June 11, 2021 at 4:30pm — No Comments

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