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I think you may find this post useful! 2 month access to a new appraisal tool for free. For any dealer. Vehicle history reports included as well. Check it out.
Added by Alice Coleman on August 23, 2023 at 2:37pm — No Comments
HUNT VALLEY, MD, AUGUST 22, 2023 – Armatus Dealer Uplift, the industry leader in retail warranty reimbursement submissions, has developed yet another tool to help new car dealers improve their customer-pay parts and labor rates, which in turn translates into higher warranty rates.
S.W.A.T., Statutory Warranty Analysis Tool, is an interactive, one-of-a-kind tool that provides unique insights into dealership operations. Using dealership data, an Armatus Specialist puts S.W.A.T. to work…
ContinueAdded by Linda Snyder on August 23, 2023 at 1:57pm — No Comments
Sale of seven dealerships underscores strong buyer demand for growth markets like South Carolina, one of the top 10 markets requested in Kerrigan Advisors’ proprietary Buyer Database
Greeneville, SC – August 23, 2023 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Greenville, South Carolina-based MCE Automotive Group, owned and operated by the Escude family, in…
ContinueAdded by Crystal Hartwell on August 23, 2023 at 12:46pm — No Comments
As July marked Right to Repair Awareness Month in the automotive aftermarket, there hasn’t been a better time than now to spread awareness about the importance of preserving Americans’ right to repair their vehicles, especially as congress continues to debate the necessity of the federal Right to Equitable and Professional Auto Industry Repair (REPAIR)…
ContinueAdded by John Sternal on August 11, 2023 at 3:30pm — No Comments
The automotive industry has seen remarkable advancements over the years, and the realm of finance and insurance (F&I) is no exception. As technology…
Added by Michael DePeazer on August 9, 2023 at 1:50pm — No Comments
National sales leader and a top 10 auto group has had record sales for each month in 2023, with its best month ever set in July 2023, retailing a total of 2,633 new and used vehicles
RENTON, WA – August 9, 2023 – Car Pros Automotive Group, one of the fastest growing automotive…
ContinueAdded by Crystal Hartwell on August 9, 2023 at 12:51pm — No Comments
Added by Richard Nimphie on August 7, 2023 at 2:33pm — No Comments
New survey from Kerrigan Advisors reveals that OEMs are looking at a new normal when it comes to dealership profitability, lower inventory levels and more OEM involvement in pricing; 68% expect some form of non-negotiable pricing to be part of future EV retail model
Incline Village, NV – August 7, 2023 – Dealership new vehicle gross margins to remain above pre-Covid levels say 90% of automotive OEMS, according to the just-released annual…
ContinueAdded by Crystal Hartwell on August 7, 2023 at 1:47pm — No Comments
In the world of finance and insurance (F&I) within the automotive industry, challenges are inevitable. F&I managers often face objections from customers who are concerned about the financial aspects of purchasing a vehicle. These objections can range from concerns…
Added by Michael DePeazer on August 3, 2023 at 2:50pm — No Comments
WOLTERS KLUWER SECOND QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX SHOWS DIGITAL ADOPTION RATE UP SLIGHTLY
Budgetary Pressures Setting In for Digital Adoption; Lenders Realizing Importance of Digitizing the Entire Transaction Process
NEW YORK – August 2, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, announced second quarter results and analysis from its Auto…
ContinueAdded by John Sternal on August 2, 2023 at 2:40pm — No Comments
Welcome to EpicVIN! As the leading provider of comprehensive vehicle history reports, we are dedicated to supporting dealers in the competitive automotive market. Our mission is to provide innovative solutions that empower dealers to make informed decisions and overcome challenges.
Dealers face constant pressure to meet customer expectations…
ContinueAdded by Alice Coleman on August 1, 2023 at 11:00am — No Comments
The automotive industry has always been dynamic and constantly evolving. Over the years, we have witnessed significant advancements in technology, changing consumer preferences, and shifting market trends. One crucial aspect of the industry that has seen considerable transformation is the finance and insurance (F&I) department. As the automotive landscape continues to evolve, F&I training becomes an indispensable tool for professionals in this field. In this blog post, we will…
ContinueAdded by Michael DePeazer on July 25, 2023 at 11:03am — No Comments
In today's competitive automotive industry, staying ahead of the curve is crucial for dealerships to thrive. One way to achieve this is through a comprehensive training program that empowers your Sales Consultants and BD Agents to excel in their roles. Here are the top four ways Onsite & Virtual Dealership Training will help your dealership excel. …
ContinueAdded by Chris Vitale on July 23, 2023 at 9:54am — No Comments
Career is a long-term and needs to be chosen after considerations. You might like one profession, but you have to love it from the core to make a career out of it. So, the next time you are trying to make it big, it is rather important to get hold of the position, which is booming right now in the market. That position has to be right now. An automotive electrician is not a mechanic, as the services are way more advanced than basic mechanical work.…
ContinueAdded by Mark Simon on July 22, 2023 at 2:00am — No Comments
CULA’s Used Vehicle Loan Snapshot, based on a survey of credit unions, reveals that they continue to offer car buyers a significant percentage of longer-term loans –70% offer 72 months or more – with low down payments, on high-mileage, older vehicles
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ContinueAdded by Crystal Hartwell on July 20, 2023 at 9:30am — No Comments
Dealership Sales Coaching is a game-changing approach to training that equips your Sales Consultants and BD Agents with the skills and knowledge needed to excel in phone interactions with customers. By providing continuous and personalized coaching, your team will be prepared to handle a variety of scenarios, resulting in improved performance and increased appointment set rates. In this article, we will explore the key benefits of Dealership Sales Coaching and how it can transform your…
ContinueAdded by Chris Vitale on July 18, 2023 at 6:19am — No Comments
CerebrumX Industry Survey Highlights Challenges That Remain For Insurance Companies In Leveraging AI Analytics Data
Most Executives Say They Don’t Have Access To Resources That Help Collect Data From Disparate Sources
DETROIT - July 11, 2023 - CerebrumX Labs Inc. (CerebrumX), a leading AI-driven automotive data management company, announced today results of a recent industry survey designed to take the pulse of…
ContinueAdded by John Sternal on July 11, 2023 at 1:38pm — No Comments
Car Pros Automotive Group’s new state-of-the-art facility in Washington boasts significant investment in EV charging and repair infrastructure
RENTON, WA – July 12, 2023 – Car Pros Automotive Group announces the grand re-opening of its Car Pros Hyundai Renton, Washington, in a new, state-of-the-art facility. To mark the occasion, a celebration and ribbon-cutting ceremony were held on June 28th with local community…
ContinueAdded by Crystal Hartwell on July 11, 2023 at 12:04pm — No Comments
You never hear a prize fighter say he fired his trainer directly after he won the championship belt, right? Well, that's why it's important to continue coaching and training the salespeople and BDC employees. Even after they seem to have mastered the phones and their appointment set rate is off the charts, continued coaching and training are paramount. This is what keeps them sharp! …
ContinueAdded by Chris Vitale on July 10, 2023 at 11:24am — No Comments
Scripts aren’t just important, they’re critical! And it’s not just the importance of scripts themselves but the strict adherence to them with ongoing inspection and confirmation of progress to their correct deployment.
A strong process sets you free, we all know that. It’s proven time and again in the military, business, and academia.…
ContinueAdded by Chris Vitale on July 10, 2023 at 11:20am — No Comments
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