Posted on February 2, 2017 at 3:55pm 0 Comments 0 Likes
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…
ContinuePosted on January 13, 2017 at 9:42am 0 Comments 0 Likes
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%…
ContinuePosted on October 25, 2016 at 10:55am 0 Comments 0 Likes
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…
ContinuePosted on August 17, 2016 at 1:34pm 0 Comments 0 Likes
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…
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