Cash is king for any business, and dealerships are no exception. Even with solid reserves and good fluidity, better cash flow always helps with your dealership’s expenses and overhead. So, how does faster title…
Drive to Success: Build a Solid Retention Plan with Better Training & Development
Happy employees equal happy customers. And happy customers buy cars at your automotive dealership (and then tell all their friends about it). That’s the theory. Obviously it’s a bit more complicated than that, but…
Industry News Roundup: 7/26/19
It’s a week of threes! This week’s news roundup from Dealertrack includes three articles offering three tips each about industry news and trends that affect our customers. 3 Ways to Sell More F&I to…
Let’s Do the Math: Integration Fees Are Hurting Your Dealership
Many dealerships are feeling the pinch of margin compression, strict government regulations and compliance rules, and the high cost of turnover. But there’s another hidden cost impacting your bottom line, and it’s hidden in…
3 Reasons to Prepare for Out-of-State Reg & Title Processing
Unless your dealership is on a state line, you can probably remember a time when out-of-state deals were few and far between. The internet has changed all that. Now, your next customer might be…
Drive to Success: Diversity is the Key to Driving Dealership Success
Reaching more customers, finding top talent, and building better culture all have a central, key ingredient: diversity. That’s because creating a diverse and inclusive environment where everyone has the opportunity to succeed in the…
Industry News Roundup: 7/19/19
This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Calif. data law could send dealers scrambling – Automotive News New compliance…
Why Now Is the Time to Clean Out Your DMS
Just because spring is almost over doesn’t mean you’re in the clear when it comes to cleaning. Tidying up the house or clearing out the garage is on very few people’s lists of…
Drive to Success: Managing the Human-side of Change
Change is coming. Don’t Panic! No, really. When employees hear about change—organizational, strategic, or even technology-driven—the basic uncertainties that accompany change can cause real fear and anxiety. As a General Manager or Dealer Principal…
Industry News Roundup: 7/12/19
This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Customer Trends: 5 Takeaways from the 2019 Cox Automotive Car Buyer Journey…
New Technology, New Opportunity Webinar: Top Reasons To Join
Thinking of making a change to your automotive dealership’s technology stack? You’re well aware that shifting gears and integrating new technology can cause fear and panic among even your most stoic staff members. But,…
How Lenders Can Get the Lion’s Share of their Dealers’ Loans
What’s the number one way for a lender to add value for their dealer partners? Faster funding. In today’s automotive marketplace where profit margins are crunched and sales have plateaued, auto dealers are looking…
