COVID-19 Update: Strength on Your CPO Bench Now Is More Important Than Ever

By Desiree Homer Re-evaluating How You Market Your Certified Pre-Owned Inventory As we started off the month, new vehicle inventory numbers were in decline by nearly...

COVID-19 Update: Leasing Isn’t Rallying As Expected

By Desiree Homer Dealers nationwide are experiencing a welcomed and much-need rally of sales numbers as local economies reopen for business. While the sales transactions...

COVID-19 Update: Uber Announces 2Q Losses

By Desiree Homer ...And What It Means to Dealers Last week, the ride-sharing giant, Uber announced significant 2Q losses. Of course, most businesses within the automotive...

COVID-19 Update: Ford Is Embracing a Work-From-Home Culture

By Desiree Homer How Dealers Feel About Remote Working Ford shared that it would be embracing a work at home environment, at least for its salaried...

COVID-19 Update: Penske Reporting Rebounds & It’s a Good Sign

By Desiree Homer Penske Automotive Group Inc. is one of the country’s largest new model retailers. With their size and scope reaching across regions, the...

COVID-19 Update: One NY Dealer Says Business is Anything but Usual

By Desiree Homer A New York dealer had a customer come into his showroom. She was wearing a mask at first, but then she removed...

COVID-19 Update: Light & Heavy-Duty Pickup Sales Face an Uncertain Summer

By Desiree Homer As consumers make their way back to the showroom floors nationwide, some dealers are anticipating an interesting summer. In the truck market,...

COVID-19 Update: Automakers Are Planning Massive Launches According to ‘Car Wars’ Study

By Desiree Homer Easing back into the market may seem like the economic pace for automakers right now. But a recent Car Wars study is...

COVID-19 Update: To Mask or Not to Mask in Advertising?

By Desiree Homer Dealers have been easing back into business, and with traditional marketing to re-engage those car buyers who may have been hunkering down...

COVID-19 Update: There’s Good News Coming Out of China

By Desiree Homer  There is a great deal of talk lately about China. Most news isn’t favorable as the government there aims to tighten its...

COVID-19 Update: Momentum CRM & automotiveMastermind’s Market EyeQ Join Forces

By Desiree Homer The Digital Landscape Ahead Means Better Integration Dealers get it now. Going digital is no longer just a best practice; it’s a necessity...

COVID-19 Update: New Inventory Is Slim Pickings

By Desiree Homer Leveraging FOMO to Drive Car Buying Traffic Everyone anticipated fluctuation of used vehicle pricing and new vehicle availability, post-COVID-19. But as the market...

COVID-19 Update: Nissan Recalls Models with Faulty Hood Latches

By Desiree Homer Dealers Capitalizing on Service to Spur Sales Nissan Motor Co. recently announced a recall of more than 1.8 million Altima sedans. The recalled...

COVID-19 Update: Senate Passes Bill that Offers More PPP Flexibility

By Desiree Homer Loosening the Requirements for Businesses Using the Paycheck Protection Program The Senate passed a bill that introduced changes to the Paycheck Protection Program,...

COVID-19 Update: Volkswagen Sealed the Investment Deal with Startup Argo AI

By Desiree Homer It’s been a deal eleven months in the making. Volkswagen Group finally announced the $2.6 billion investment into the Argo AI is...

COVID-19 Update: Vroom Starts the Process for Public Offering

By Desiree Homer Online used car retailer, Vroom Inc. has officially announced this week that it’s ready for public offering. This company operates within the...

COVID-19 Update: What the Virus Crisis Has Taught Dealers About Navigating the Recent Protests

By Desiree Homer Dealers are building strategies to rebound from the economic shutdown due to COVID-19. And as owners and managers reflect on the past...

COVID-19 Update: Data Emerges Regarding the Used Car Rollercoaster

By Desiree Homer Knowing what to expect in the used car market these days requires a crystal ball. Consumers are coming back, although many dealers...

COVID-19 Update: Could Amazon Be in the Car Game Soon?

By Desiree Homer Amazon.com Inc. is reportedly in talks to buy Zoox, Inc. Zoox, an autonomous vehicle startup company, has been piquing interest from other...

COVID-19 Update: Trade Groups Call on Congress for Liability Relief Legislation

By Desiree Homer More than 200 trade groups, including the American International Automobile Dealers Association and the National Automobile Dealers Association, are now urging Congress...

COVID-19 Update: AutoAlert & AutoFi Join Forces to Develop a New Solution

By Desiree Homer Two of the industry’s most prominent car sales platforms have joined forces for good. AutoAlert and AutoFi are embarking on a mission...

COVID-19 Update: The Gaudin Go Van Takes F&I to the Customers

By Desiree Homer  Innovating during the Coronavirus has led to some pretty remarkable ideas. Dealers nationwide have been jumping in and adapting to their markets,...

COVID-19 Update: A New Market for Parts Departments

By Desiree Homer With the major upset in operations brought on by COVID-19, there are a few silver linings and unintended benefits arising. Dealers learned...

COVID-19 Update: Tesla Back on the Move

By Desiree Homer While some automakers have put their EV innovations on hold, for now, Tesla has continued to surge forward. Recently, Elon Musk was...

COVID-19 Update: Outlook Improves in the Used Car Market

By Desiree Homer The reopening has been a cautious endeavor for dealers nationwide over the last few days. Dealertrack’s Mandi Fang discussed the changing industry...

COVID-19 Update: How Carvana Is Winning & Why You Should Prepare to Compete

By Desiree Homer The global pandemic confined millions to their homes, and there isn’t a used car retailer who didn’t feel the sting of declining...

COVID-19 Update: Free Oil Changes & Car Washes for Healthcare Workers

By Desiree Homer How One Dealer Is Getting Extra Mileage Out of Existing COVID-related Automaker Incentives The country will begin to reopen in phases, and at...

COVID-19 Update: Rural Dealers vs. Metro Dealers in a Race to Reopen

By Desiree Homer The county lines between communities have become a hot topic in many regions. As states roll out plans for continued mitigation and...

COVID-19 Update: When Is It Ok to Go Back to Traditional Advertising Again?

By Desiree Homer One aspect of getting back to normal includes dealer advertising. Right now, you may have shifted your messaging to offer help, with...

COVID-19 Update: Trends & Economic Predictions from the Experts

By Desiree Homer What Dealers Can Expect from the Market Right Now As the country ventures to reopen, we’re starting to see more and more economic...