Sales & Variable OPS
What The Q1 Inventory Management Data Means For Today’s Successful Auto Retailers
Inventory management remains critical for auto retailers today in determining profitability, customer satisfaction, and operational efficiency. The traditional methods of inventory management, reliant on manual processes and intuition, are proving inadequate in the...
Haig: Auto Dealership Buy-Sell Volume Sets Record in Q1 2024
A quarterly report from Haig Partners LLC found that the first three months of 2024 sets a record for the highest number of dealerships bought or sold despite declining profits. An estimated 151 dealerships were bought or sold in January, February and March, with...
Dave Cantin Group Introduces First-Ever AI-Powered Data-Mining Software to Accurately Value the Nation’s 18,000+ Franchise Dealerships
NEW YORK – Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new car dealership in the United States, regardless of brand, location or direct input...
Dealer Magazine: He Who Is Faithful with Little Will Be Entrusted with Much!
Editor's Note: This article was originally published in the May/June edition of Dealer magazine A parable: A successful car dealer had ten mid-sized buy-here-pay-here used car lots. He called ten of his employees and gave them each one of the used car stores to...
Automotive Lenders Are Overlooking the Value of Alternative Data and Instant Decisioning, Open Lending Research Finds
Open Lending Corporation, an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, released its second annual Lending Enablement Benchmark Report. Report findings reveal that traditional methods of assessing...
Spotlight on…. QoreAI
As we look to tell the stories about people and the products that support auto dealerships, Digital Dealer is shining the spotlight on companies that help dealers do their job more effectively. We recently interviewed Todd Smith, CEO of QoreAI, reflected on his...
May New Light-Vehicle Sales up 7% from a Month Earlier: S&P
May is looking to be a good month for auto dealers as sales are projected to increase from last month as well a year ago. S&P Global Mobility projects new U.S. light vehicle sales volume in May to reach 1.4 million units—up approximately 7 percent from the April...
Gosch Auto Group, Keeler Automotive Holdings, Moffitt Automotive, Family Car Group: Dealership Sales Roundup
California-based Gosch Toyota Sold Kerrigan Advisors represented California-based Gosch Auto Group in the sale of Gosch Toyota to Kevin Naderi, general manager of Toyota of Hemet. Gosch Toyota dealership is located in the Hemet Auto Mall, a high-volume, non-luxury car...
“A Next-Level Experience:” Top Highlights from DealerPoint 2024
Digital Dealer's inaugural DealerPoint event took place in Orlando, May 21-23, 2024, bringing dealership attendees and auto retail solution providers together for an unparalleled experience. Powered by a high degree of matchmaking, DealerPoint facilitated dealerships...
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