In this video and podcast RevolutionParts CEO Ibrahim Mesbah and auto retail marketing and e-commerce specialist Dave Rozek talk about the importance of modernizing your dealership in fixed ops with 100% absorption rate by selling OEM parts online.
This podcast and video features a conversation with CATA Director Mark Bilek sharing how his organization measures the engagement and impact that the Chicago Auto Show has on the local Chicago car market.
Are franchise dealers sourcing used vehicles these days from a decreasing pool of the right cars? If so, where can dealers go to better source the right kind of vehicles for their dealerships? This video and podcast features auto industry veterans talking about tips and insights for wholesale sourcing dependability this Spring.
Carvana wants to buy your car and let you conduct 100% of the transaction online. They will give you a quote, come get your car, and hand you a check. But is this the best way to go? Here’s what to consider with Carvana’s offering.
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 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…