Sales & Variable OPS
Used-Vehicle Prices Rise in First Half of November
Wholesale used-vehicle prices were up 1.6 percent for the 15 days of November, according to data from the Manheim Used Vehicle Value Index. The mid-month index sat increased to 206.1, rising 0.5 percent from the full month of November 2023. The non-adjusted price...
Navigating the Inventory Landscape: Why Dealers Are Taking A New Look At Technology-Driven Acquisition Strategies
The automotive retail landscape has undergone significant change in recent years, with dealerships facing new challenges with their inventory acquisition strategies. The traditional methods of sourcing vehicles through trade-ins and wholesale auctions are no longer...
Petra Automotive Products Partners with Christian Brothers Automotive as Preferred Premium Chemical Provider
Petra Automotive Products is proud to announce its new partnership with Christian Brothers Automotive (CBA), becoming a preferred premium chemical provider for CBA franchise locations nationwide. This collaboration provides franchise owners with access to Petra's...
Customers Favor AI-Based Technologies, J.D. Power Survey Finds
The results of the J.D. Power’s 2024 U.S. Tech Experience Index (TXI) Study found owners offer praise for some advanced vehicle technologies features, others are found to be lackluster. New artificial intelligence (AI)-based technologies, like smart climate control,...
From Search to Sale: How FAQ Pages Drive Dealership Success
As the e-commerce landscape evolves, consumers increasingly turn to online platforms to make informed purchasing decisions. This shift has sparked a growing expectation for instant, reliable information accessible when needed. Research supports this trend, revealing...
Meridian Audio Hosts Event at Kia America Headquarters
Meridian Audio hosted a two-day event at Kia America’s headquarters to demonstrate our innovative automotive audio and our groundbreaking Vibrohaptic Audio technology. The event showcased how premium sound is reshaping the driving experience. Meridian presented in-car...
Don Franklin, Sutherlin, Sam Leman, Taverna Collection: Dealership Deals
Don Franklin Adds Ford Dealership in Kentucky The Don Franklin Automotive Group has acquired Knox Ford in Radcliff, KY. The dealership was sold after owner Gary Haupt decided to simplify his portfolio and focus on his larger Ford dealership in the Louisville area....
Are You Chasing Leads? Or Are You Pursuing Active Buyers?
Dealerships today face an ever-increasing challenge to maximize their marketing efforts and drive sales. While the industry has long focused on lead generation as a primary metric for success, savvy dealers are beginning to recognize that not all leads are created...
JM Family Enterprises Names President Dan Chait as next CEO
JM Family Enterprises, a privately held company with more than $20 billion in revenue, announced that Dan Chait, currently president and chief operating officer (COO), has been named president and CEO, effective January 1, 2025. He is succeeding Brent Burns as CEO,...
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