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 HomerÂ
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 HomerÂ
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...