Total Dealer Compliance (TDC), a car dealership compliance-auditing firm, today announced key findings from its latest consumer survey which found almost 90% of consumers believe that car dealers should be held more accountable for their combative sales techniques. The survey also revealed that nearly 85% of consumers said that they believe US car dealers are given unrealistic sales goals and in turn conduct aggressive sales tactics.
The survey results confirm the notion that…
ContinueAdded by Max Zanan on February 2, 2017 at 3:55pm — No Comments
While auto sales increased in 2016, so did the penalties dealers potentially face for violating government regulations.
The Department of Labor upped penalties levied by its agencies, including the Occupational Safety and Health Admin., which implemented inflation-adjusted increases.
The maximum fine for non-compliance jumped from $70,000 to $124,709, a 78% increase.
The Federal Trade Commission has increased penalties from $16,000 to $40,000, a 150%…
ContinueAdded by Max Zanan on January 13, 2017 at 9:42am — No Comments
Total Dealer Compliance shows the impact of offering a clear complaint resolution has on sales and reputation
Total Dealer Compliance (TDC), a car dealership compliance-auditing firm, today announced key findings from its latest auto dealership survey conducted online in September among 200 U.S. adults age 18+. With over thirty percent of…
ContinueAdded by Max Zanan on October 25, 2016 at 10:55am — No Comments
As the car-shopping landscape continues to change and compliance issues continue to dog dealers, investing in training and professional development remains essential.
Offering employees career-development opportunities creates loyalty and fosters a team environment as the dealership grows. As the saying goes, “You are the company you keep,” and it’s imperative to hire great people, retain them to create a solid company culture and manage a car dealer’s positive…
ContinueAdded by Max Zanan on August 17, 2016 at 1:34pm — No Comments
Auto dealerships that are not compliant feel the impact directly in terms of their loss of profits and reputation. Without a comprehensive compliance training program, car dealers’ bottom lines are affected.
Studies show that more than 73% of consumers prefer dealing with dealership staff that has completed compliance training and has certificates of completion on display. And more than 80% of dealers think compliance training and…
ContinueAdded by Max Zanan on August 5, 2016 at 10:12am — No Comments
Auto dealerships that are not compliant feel the impact directly in terms of their loss of profits and reputation. Without a comprehensive compliance training program, car dealers’ bottom lines are affected.
Studies show that more than 73% of consumers prefer dealing with dealership staff that has completed compliance training and has certificates of completion on display. And more than 80% of dealers think compliance training and…
ContinueAdded by Max Zanan on August 5, 2016 at 10:12am — No Comments
Auto dealerships that are not compliant tend to feel the impact directly in their profit, loss and reputation. Without a comprehensive compliance training program, car dealers’ bottom line is truly affected. More than 73% of consumers are more comfortable dealing with dealership staff that has completed compliance training and has certificates of completion on display.
Dealers need to understand that a partial solution is not the answer. The average dealer is more likely…
ContinueAdded by Max Zanan on July 19, 2016 at 3:07pm — No Comments
© 2024 Created by DealerELITE. Powered by