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S&P/Experian Credit Default Indices: Consumer Credit Default Rates Remain Near Recent Lows in July 2012
NEW YORK — Data through July 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan types s
Aug 24, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Survey: Negotiating Price Worst Part of Buying a New Car
CarFinance.com survey finds consumers apprehensive about new car price negotiations and low interest rates; offers car buying and auto finance tips to simplify process IRVINE, Calif. — In part two of a recent survey from CarFinance.com, a webs
Aug 23, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Research: Preference for Auto Body Style Shifts for US Female Shoppers
Real-time Research Shows Midsize Sedans Most Preferred in July Palo Alto, California, USA—According to Market Insight Corporation, although still popular with US female auto shoppers, preference for the “Crossover” body styles have been decreas
Aug 23, 2012
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Dealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
How Will 2013 Models Impact Used Car Dealers?
No doubt about it, the used-vehicle market is experiencing some shifting trends that we all knew would take place in the fall. After a few years of short supply, pricing strength and fluctuating gas prices, dealers now find themselves with an easing
Aug 22, 2012
Mobile Creates New Opportunities for Email Marketers
88% of mobile phone users check their email via a handheld device daily NEW YORK, NY — Though email increasingly competes with other digital channels for consumers’ time and attention, a new eMarketer report finds it continues to be an effective
Aug 22, 2012
Retail Automotive Expert Discusses How The Internet is Not the Primary Marketing Channel
Larry Bruce, partner, MotorTrends Online and president/CEO, MicrositesByU, will share with you a nine-month study done with over 3,000 in-market automotive customers. The following things were addressed in the study: Why customers get on the Intern
Aug 22, 2012
Owner of Team Velocity Marketing and General Manager at Red McCombs Ford Reveal How Red McCombs Ford Uses an Integrated Marketing Strategy to Increase Sales and Service Revenue
Using an integrated, targeted and digital marketing strategy to attract, sell, service and retain customers for less cost helped Red McCombs Ford finish number one in the San Antonio market, with sales up 24% over the same period last year, 160% with
Aug 22, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Maritz Research Study Finds More than 1 in 10 Car Buyers Skip the Test Drive
Test drives are fundamental to car dealership operations, and from the customer’s point of view they are a great touch point to experience everything a car has to offer, but according to a recent Maritz Research study 11.4% of car buyers didn’t t
Aug 21, 2012
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Dealer ManagementDealer/GM NewsDigital DealerExpense ManagementMarketing StrategiesSales & Marketing
Digital Marketing Arena – Three Critical Questions
My team and I recently concluded a large number of spend assessments, across many dealerships, in various cities, under various ownership structures. We interviewed many dealer principals and CFO’s as a routine part of our process and as such, I
Aug 21, 2012