Tag: inventory
Can the auto industry maintain its torrid recovery pace?
After a devastating first half of 2020, the automotive industry sustains its strong recovery, outpacing retail recovery figures in other industries. CNN reports that...
Winning the inventory game – Scott Dreisbach, Valuinsight
In a time where inventory is hard to come by, dealers are looking at every opportunity to manage inventory more efficiently. Today on CBT...
An untold truth: are price reductions good for your dealership?
Since the early days of the industry, price reductions (markdowns) have been “the” tool used to move inventory as it ages, but now post-pandemic,...
Facebook seeks to optimize mobile shopping through new automotive ad initiative
According to J.D. Power, 53% of automotive internet shoppers use a mobile device to gain information about automobiles. The world of automotive research is...
As dealer sentiment improves, inventory woes deepen
On Sept. 8, Cox Automotive released the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI). Information collected from dealers surveyed in late July through...
Dr. Evelyn Cardenas says CFADA dealers are ‘very optimistic’ about auto...
Just a few short months ago as the pandemic hit, we were all left to figure out what’s next for retail automotive businesses and...
How dealers can drive leads when inventory slows down
Dealerships across the nation have run low on cars to sell amid the COVID-19 pandemic. Motor vehicle and parts dealers’ sales dropped to a...
Corwin Automotive Sees Strong Sales Despite Inventory Challenges
Even during the pandemic, consumers have shown that cars are still a necessity. Many dealerships are dealing with a shortage of inventory as sales...
Dealers Cite Sales Bottleneck Due to Low New Car Inventory Levels
Cases of the novel coronavirus have been on the rise in Florida with more than 12,000 new cases being reported per day. In Texas,...
Tips to Use Online Auctions to Find Used Car Inventory
Car dealers are in a race against time.
The mission: Find the best used car inventory, at the best prices, before the competition does.
The challenge:...