Tag: automotive industry trends
The disconnect between sales and finance
In my three recent articles, “From the Fax Machine, to the Future: Auto Finance Disruption Time is Here,” “Digital Finance: Consumer Expectations and Today’s...
Dealer principal warns: affordability challenges loom for car buyers – Cole...
Independent dealers typically have a price advantage that is attractive to consumers, especially now as inflation remains high. Cole Frankman, Dealer Principal of Frankman...
The role of mentorship in creating diverse leadership — Sean Johnson...
As American society has become more diverse, so too has the automotive landscape, with dealers, manufacturers, and suppliers welcoming minorities in increasing numbers. However,...
Alleviating frustrations in F&I departments for enhanced customer satisfaction and profitability
Introduction
The Finance and Insurance (F&I) department, a critical component of any automotive dealership, plays a pivotal role in driving profitability. We all know the...
Consumers shift to used cars amid frustration with tech-heavy new models
Welcome back to the latest episode of the Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Raise your hand for sales success: Matt Easton shares key tips...
In today's ultra-competitive business environment, where we fight to have the best marketing, the coolest social media, and the lowest prices, it's easy to...
Cox Automotive enhances digital experiences with Canopy Connect partnership – Paulo...
Earlier this month, Cox Automotive and Canopy Connect announced a collaboration to enhance the online car buying experience for consumers and dealerships through insurance...
Cox Automotive dealer sentiment holds steady amid market uncertainty
The latest Cox Automotive Dealer Sentiment Index (CADSI) for Q2 2024 remained stable compared to Q1, indicating a consistent outlook among U.S. auto dealers...
The 10 best and worst used cars, trucks and SUVs you...
Buying a used car instead of a new vehicle can be an intelligent financial decision. However, doing so comes with its own set of...
Stellantis recalls over 200,000 SUVs and trucks due to stability control...
Car manufacturer Stellantis is recalling 211,581 SUVs and pickup trucks due to a software malfunction that may cause the electronic stability control (ESC) systems...