Auto Retail News
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Sales & Variable Ops
Navigating the Shift: Key Insights from the Q3 2024 Automotive Market Report
As we look back on the third quarter, the automotive market has revealed key trends that highlight the complexities of inventory management for auto retailers. In Q2, dealers experienced a 10 precent sales increase for new vehicles despite challenges
Dec 11, 2024
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Dealer/GM News
Soracom Concentrates on Connected Car Strategy
Soracom recently announced its global strategy for the connected car industry by addressing connectivity and cloud management challenges faced in putting more connected cars on the road. To that end, it showcases a proof of concept (PoC), developed i
Dec 11, 2024
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Sales & Variable Ops
How to Turn the F&I Challenges into a Dealership Advantage
The finance and insurance (F&I) process is a challenging part of the car-buying journey. Customers frequently encounter issues like lengthy wait times, high-pressure upselling of additional products, hidden fees, and confusing financing terms, al
Dec 10, 2024
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Dealer/GM News
CDK Extends Service Agreement with Three Dealership Groups
As a tumultuous year comes to an end for CDK Global, the company has announced multi-year deals with three of the largest dealerships in the U.S. in the last few months Since September, CDK, the leading automotive retail software provider, announced
Dec 10, 2024
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Dealer Ops & Leadership
3 Ways Car Dealers Can Protect Their Business When Working with Third-Party Vendors
I’ve had the unique opportunity to witness the evolutionary impact of technology on dealer operations throughout the years, and the automotive industry moves faster than you might think. Tech has grown to become the main focus and the biggest pain
Dec 9, 2024
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Dealer/GM News
Rivian CEO Slams U.S. Dealer Franchise Laws
Rivian CEO RJ Scaringe is not a fan—to put it mildly—of current U.S. laws that he sees as protecting franchised auto dealers. The electric vehicle company has gone the direct-to-consumer model to sell its vehicles. But much like fellow EV car com
Dec 9, 2024
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Dealer/GM News
Audi Pushes Ahead with New Innovations
In its bid to continue to be the on the leading edge of auto technology, Audi has entered with companies advancing hands-free secure car access modern chat and digital retailing tools. NXP’s TrimensionNCJ29Dx family is the technology foundation bei
Dec 6, 2024
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Dealer/GM News
Webinar Recap: MNTN Trumpets CTV for Auto Advertising
“Do you have any good recommendations to binge?” “What are you going to stream this weekend?” and “That is such a good podcast” are regular conversations made by all of us these days. While television has long been a staple of the auto ad
Dec 6, 2024
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Sales & Variable Ops
How Dealerships Can Use Canada’s EV Tax Incentives to Drive Sales
As the automotive industry pivots toward electric vehicles (EVs), Canadian dealerships are uniquely positioned to assist small businesses in navigating a lucrative but underutilized government tax incentive. This program allows eligible businesses to
Dec 5, 2024