All Blog Posts (12,632)

3C's - The Cause

We often forget that the only reason the manufacturer is paying for a repair is because they did something wrong in the manufacturing of the vehicle that caused the breakdown.

Sometimes the advisor forgets this because he is just trying to please the customer and get a good survey. The customer just wants his car fixed for…

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Added by AWN INC on October 10, 2017 at 12:00pm — No Comments

SUV Depreciation Increases a Little

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. …

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Added by Black Book on October 10, 2017 at 11:33am — No Comments

Jumpstart Announces Partnership With VehicleHistory.com

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company and division of Hearst Autos…
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Added by John Sternal on October 10, 2017 at 10:58am — No Comments

Helion Automotive Technologies and Dealertrack DMS to Co-Present Data Security Session at DrivingSales Executive Summit

Timonium, MD –­ October 10, 2017 –­ Helion Automotive Technologies, the retail automotive industry's leading Information Technology (IT) managed services provider (MSP), today announced that its President and CEO, Erik Nachbahr, will co-present with Kai Nielsen, Director of Strategy and Business Ops with Dealertrack DMS, at the upcoming DrivingSales Executive Summit. Nachbahr's and Nielsen's session is titled "…

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Added by Erik Nachbahr, CISSP on October 10, 2017 at 9:43am — No Comments

Dealership Staff Stressed Out? Try Storytelling Your Way To Increased Productivity

Let’s face it. The car business can be brutal. Many in auto retail fin…

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Added by Mike Gorun on October 10, 2017 at 9:36am — No Comments

Maserati North America Selects Affinitiv to Provide Aftersales Marketing Solutions for Maserati LUX Owner Retention Program

Chicago, IL—October 9, 2017— Affinitiv, a leading provider of marketing and technology services to automotive manufacturers and dealerships, today announced it has been selected by Maserati North America as the exclusive aftersales marketing provider for its LUX owner retention program. The program is designed to bring customers back to Maserati dealerships for service after purchase of a vehicle, continue customer communications with…

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Added by Scot Eisenfelder on October 9, 2017 at 10:12am — No Comments

The Next Evolution of Social Marketing

When social media marketing burst on the scene nearly a decade ago, just about every dealership immediately piled onto the bandwagon. We didn't all know exactly what we were doing; we just knew we had to do it because everyone else was doing it.

At the time I was with AutoNation and we spent a lot of money and time trying to figure out how to market our dealer…

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Added by Scot Eisenfelder on October 6, 2017 at 9:37am — No Comments

Sex appeal still sells, but not in the way you’d think

Sure, you’ll still see female models next to this year’s new vehicles at the car show, and I really think that’s because most dealers are used to it. On the showroom floor, though, males still make up a larger percentage of salespeople.  Working with clients is now very much a business transaction, and engaging and respectfulness are absolute musts no matter who you’re…

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Added by Scott Bergeron on October 5, 2017 at 2:32pm — No Comments

What Dealers Had To Say About Their F&I Products

 

Protective Asset Protection, which operates dealer-owned warranty programs / F&I products (DOWC) for auto dealers, recently conducted an online survey presented to 1,500 auto dealer professionals in the U.S. Here are highlights of the results, which you may be interested in for a story:

 

When asked about the biggest challenge with their current F&I products, 29% of dealer…

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Added by John Sternal on October 4, 2017 at 2:25pm — No Comments

Millennial Women and Your Market Share

Reshaping The Industry’s Economy

The millennial. Individuals born between 1980 and 2000 comprise ‘one of the largest generations in history’. In a recent article “Millennials Coming of Age”, by Goldman Sachs, millennials are not only poised to reshape the economy, but are about to move into prime spending years. Millennials overtook Baby Boomers, ages 51 to 69, as the largest generation according to the U.S. Census Bureau.

Women of all age groups are…

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Added by Anne Fleming on October 4, 2017 at 1:43pm — No Comments

One Small Way to Slay the Recall Dragon

With the influx of recalls, two…

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Added by Chris Miller on October 4, 2017 at 9:54am — No Comments

What’s your worth?

Today I spent some time reflecting after the tragedy in Vegas where hundreds were injured and many lost their life. They went to a concert to have a good time and their lives changed instantly affecting not only them but their families and friends. I live my life in a manner that isn’t focused on money or what’s in it for me…

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Added by Rob Gehring on October 4, 2017 at 9:30am — No Comments

The 3C's - Customer Concern

The 3 C's. They have always been required, so why do we keep messing them up?

All my administrators have asked me to PLEASE write about the 3 C’s.

Since this could be a lengthy TIP, I have decided to break it up into 3 posts.

Today we will do “Customer Concern” The first C. ( I feel like Count Dracula- one C-haha- two C’s haha- 3 C’s)

A great customer concern is important for several reasons:

  • It shows the customer that you are listening and care about…
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Added by AWN INC on October 3, 2017 at 1:35pm — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX JUMPS DURING SEPTEMBER

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for September, with the Index increasing from 112.6 to 113.9, its largest month-over-month gain since March 2012. Click here to obtain a copy of the latest index data.…

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Added by Black Book on October 3, 2017 at 1:30pm — No Comments

CarStory Delivers AI Insights to Flick Fusion

AUSTIN, Texas—October 3, 2017—CarStory, the automotive AI platform from Vast, today announced a partnership with Flick Fusion Video Marketing. An industry first, the partnership combines CarStory's AI-based insights for the automtoive industry with Flick Fusion's video marketing platform, SMARTFLICKS. Dealers can now automatically receive…

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Added by Timmy D. James on October 3, 2017 at 12:35pm — No Comments

Car Buyers Prefer Texting Over Phone Calls for Dealer Communication, According to a Myth-Busting Report from PERQ

Based on the behavior of thousands of consumers on dealership websites, PERQ’s Car Buyer Insights Report upends preconceived assumptions, including finding that the majority are NOT in the BUY PHASE and that PHONE CALLS are their LEAST DESIRED method of contact

Indianapolis, IN – October 3, 2017 - New data from thousands of consumer profiles studied by …

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Added by Crystal Hartwell on October 3, 2017 at 10:27am — No Comments

Most Truck Segments Performed Well

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on October 3, 2017 at 10:20am — No Comments

AutoBuy Expands to 8 Locations: Adesa and Manheim Partnerships Increase AutoBuy Inventory Stream to Nation’s Auto Dealers



New Florida locations open inside Adesa Auction in Sanford and Manheim in Orlando increasing buy/sell volume by over 40%; unique remarketing model brings private seller inventory direct to dealers via auction houses



West Palm Beach, Florida – October 3, 2017 – …

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Added by Crystal Hartwell on October 3, 2017 at 10:19am — No Comments

Auto/Mate Integrates DMS with Oplogic's Dealer Operator™ CRM

ALBANY, N.Y. – Oct 2, 2017 – Auto/Mate Dealership Systems announced today that its dealership management system (DMS) is fully integrated with Oplogic's Dealer OperatorTM, a leading web-based CRM solution for auto dealers. Dealers using both Auto/Mate's and Oplogic's solutions will benefit from the increased sales and operations intelligence that the DMS and CRM deliver via real-time data exchanges between the two…

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Added by Mike Esposito on October 2, 2017 at 10:43am — No Comments

Electric Vehicles Could be Auto Industry’s Biggest Disruption EVER!

The next evolution in the automotive industry will fundamentally transform dealership service departments… and this one will be big: service departments that could be empty.…

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Added by Ujj Nath on October 2, 2017 at 10:14am — No Comments

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