Tag: car dealership
How often should you mystery shop your car dealership?
Mystery shopping is one of the most effective ways to identify areas where your team and processes are succeeding, and where they’re falling short....
General Motors launches new energy business to expand electric power solutions
General Motors unveiled its new business unit, GM Energy, and outlined plans to use the unit as a conduit for finding solutions to existing...
JPMorgan Chase CEO Jamie Dimon predicts US recession in 6 to...
JPMorgan Chase CEO Jamie Dimon made predictions about a future economic recession while speaking to CNBC's Julianna Tatelbaum on Monday. Dimon said a "very...
Auto credit access expanded in September — Dealertrack
Cox Automotive released its Dealertrack Credit Availability Index for the month of September, showing that access to auto credit expanded for the first time...
IIHS Study: Many drivers using partially automated vehicles treat them as...
A new report from the Insurance Institute for Highway Safety (IIHS), an industry-funded group working to convince automakers to create safer vehicles, found that...
Who is buying electric vehicles and how can you best market...
Did you know there are more than 1.7 million EVs in operation in the US today? Well, that is just one of the surprising...
The value lifelong customers bring to your car dealership
Building a loyal base of customers is one of the most challenging endeavors for any automotive retail store.
Research shows that a commitment to building...
Rivian shares tumble after recalling 13,000 vehicles
Rivian saw its shares drop about 7% in pre-market trading on Monday after the California-based electric vehicle maker was forced to recall almost all...
UBS downgrades Ford, GM stock, expects consumer demand to wane
According to UBS, the largest vehicle manufacturers in the US are likely to face difficult times in the coming months, as consumers continue to...
Wholesale used vehicle prices dropped 3% in September — Manheim
Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed a steep decline year-over-year for the month of September.
Wholesale used-vehicle prices decreased...