Tag: automotive industry trends
How dealers are building ‘Amazon-like’ buying experiences – Rusty West | Market...
Although the automotive industry and its stakeholders are rapidly adjusting to modern technology, dealers must speed up their processes to meet customers where they...
The importance of maximizing customer lifetime value — Jay Ku |...
Jay Ku is relatively new to the automotive industry. Roughly nine months ago, he joined TrueCar, one of the industry's leading online marketplaces for...
Why dealers should explore opportunities in the commercial vehicle segment —...
The commercial vehicle segment presents exciting new opportunities for dealers looking to serve a wider array of consumers and enter new markets. However, many...
General Motors’ Q3 report met with new United Auto Workers strike
General Motors on Tuesday included a revised profit forecast for 2023 in its third-quarter earnings report, published hours before the United Auto Workers union...
Hudson Automotive Group to acquire Vic Bailey Automotive of Spartanburg
Hudson Automotive Group is set to acquire South Carolina dealership group Vic Bailey Automotive.
According to a Monday press release, the two businesses have already...
How to bridge the gap between online and in-store experiences —...
In this new age of digital marketing, dealers must juggle two different car buying journeys: one being online and the other in-store. Although retailers...
2 crucial steps sales teams have forgotten — Sean Gardner |...
Dealers must regularly audit and improve the skills of their sales teams to ensure that their businesses continue to grow regardless of the market's...
Tracking events on your dealership website with Google Analytics 4 —...
Earlier this year, Google launched Google Analytics 4, discarding outdated features and processes in favor of modern tools that better align with today's internet...
Fixed operations earnings, activity see declines in September
Fixed operations were less busy and less profitable in September, a sudden departure from form in what has otherwise been a triumphant year for...
Fisker adjust prices as electric vehicle segment faces demand cool down
Electric vehicle maker Fisker today adjusted prices across its lineup several weeks ahead of the release of its third-quarter report.
Prices for some models increased...