Margin Compression? What, if anything, is squeezing profitability in used cars from dealers? Here are 3 Ways to Increase Profitability in Used Cars for 2019. From OEM mandates, incentives, and razor-thing margins, to used vehicle acquisition, time-to-line, etc., this post sets the stage for what challenge lay ahead for auto retailers in 2019.
In a recent twist, automotive veteran and visionary Dale Pollak and his company vAuto have unveiled a new way of thinking. For nearly a hundred years, the standard way of thinking has been that the longer you hold on to a vehicle, the less you will make on it.The myth, Pollak states, is that vehicles have diminished profit opportunity as they age according to calendar days. But Pollak says this is not true.
In this episode of AC ON AIR, host Ryan Gerardi talks with Terry Lancaster from The Get Ya Some Radio Show about his conversation with Marketing Rebellion Author Mark Schaefer, who suggests that the most human companies win. But what does this mean?
In this week’s episode we meet with CarZuz Founder & President Phil Kandera to talk about frictionless car sales, CarGurus’ being under scrutiny from dealers, and the new autonomous flying car – Terrafugia TF-X.
Special Guest Frank J Lopes and Ryan Gerardi evaluate and critique randomly selected dealership website homepages for clear calls to action, consistency, and user experience.
In this week’s episode of AutoConverse ON AIR we welcome three guests from the auto industry to reflect on the death of Marvel legend Stan Lee, autonomous self-driving cars and Waymo ride share, and how giant tech companies have become modern-day monopolies.
In light of the recent attached on CarGurus and their business practices, we decided to initiate a forum where others who might feel differently about CarGurus, or prefer a different approach, could have a voice and chime in
Tweet Margin compression. You could say it’s an industry buzzword. However, it’s been a topic of discussion for a few years now. Profits in new cars are effectively gone for good. And they have been…
Tweet Customer loyalty is often a topic that garners attention…but usually in theory, though, not always in practice. Sure, we can talk about loyalty programs and incentives to retain customers, but what if we’re missing…
Tweet Branding in Auto Retail can be a complicated subject. Auto makers have a brand to think about, as do dealers (or retailers). And individual sales professionals do as well. So, when a household name…