In his Key Industry Trends for 2020 address, Cox Automotive Chief Economist Jonathan Smoke made several predictions about how used car sales can be expected to trend in the coming year. Used car sales are expected to increase…
CAUSE AND EFFECT: HOW YOU MANAGE YOUR DEALERSHIP NETWORK DIRECTLY IMPACTS REVENUE
The amount of data and devices your dealership requires to compete in today’s market has exploded in recent years. Wireless connectivity, mobile apps, and cloud computing have transformed the car buying experience. On average,…
Why Use An Out-of-State Reg & Title Solution?
Your dealership’s online presence has done its job and brought in a customer from several states away who’s been looking for a vehicle of the exact make, model, trim and color that you have…
Drive to Success: Margin Compression Just One of Many Challenges for Dealers
While shrinking margins continue to plague dealers year over year, a new set of challenges is weighing heavily on the modern franchise dealership. With growing technology costs, privacy concerns, and changing buyer habits and…
Trade-In Titling Highlights from NADA 2020
If you weren’t at NADA or didn’t get a chance to stop by the Dealertrack booth, we don’t want you to miss out on this year’s buzz about Accelerated Title. Here’s a peek at…
“Must-Dos” to Find Efficiencies in Even the Most Routine Tasks and Costs
This article originally appeared in Digital Dealer here. Back in August, we started our article series of “must-dos” by looking at the overwhelming weight of dealer expense structures on gross profit margins. In Q1…
Drive to Success: Is Your Service Lane ‘Smart?’
Your dealership’s service department is a potential gold mine for building long-term customer relationships, establishing trust, and increasing the profitability of your business. Of course, working in the automotive industry, you already know this.…
Your Dealertrack NADA Sneak Peek
The excitement for NADA is building and we have so much to talk to you about! Between new partnerships, deeper integrations and enhanced solutions, there’s a lot of news you’ll want to hear. More…
Dealertrack 2020: True Partners in Performance Management
Welcome to Dealertrack DMS 2020 Vision Series, where leaders and experts dive into their goals, aspirations, and predictions for the automotive industry. This month, you’ll hear from Randy Wilson, Director of Performance Management for…
Drive to Success: Technology and Your Lifelong Customers
When it comes to dealership success factors, size matters. In fact, small to mid-sized dealers are frequently selling to larger dealer groups at a higher rate each year (according to some sources). Yet, access…
New in Compliance for 2020
The regulatory landscape changes every year, so staying compliant with all of the laws and regulations that apply to your dealership can be a challenge. But if you don’t stay on top of it,…
Tomorrow’s Technology, Today at NADA 2020
The National Automotive Dealers (NADA) Show takes place in Las Vegas, February 14-17, and you’re going to love it! You’ll get a chance to preview tomorrow’s technology, today, and discover new ways to take…
