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How to keep your independent car dealership competitive

Solera

Independent car dealerships must remain competitive compared to other independent dealers in their area and large national chains with big budgets, a strong brand identity, and access to a nationwide inventory. It can be tough out there, but many independent dealerships are not only competitive, but they thrive.

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KPA’s Trust Survey Says Many Still Distrust Dealerships

AutoSuccess

KPA recently announced the results of its 2024 KPA Dealership Trust Survey conducted by The Harris Poll. The survey reveals that about one-third of Americans have experienced things like deceptive selling, hidden fees or dishonest salespeople at car dealerships. 76% don’t trust car dealerships to be honest about pricing.

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COMMENTARY: 8 tips to be adaptive & thrive in a down market

Auto Remarketing

The world of car dealerships is a dynamic and ever-evolving industry that operates in tandem with economic cycles. In a down market, car dealerships face unique challenges that test their adaptability and resilience. This means offering a wider range of vehicles that cater to varying customer demands and budgets.

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Benefits of Outsourcing Title Work

AutoSuccess

While this is a significant concern, other employees are responsible for internal processes that are equally complex and vital to dealership operations. One such process is the time-consuming vehicle registration and ownership transfer process. This crucial aspect of the sales process requires speed, accuracy and expert knowledge.

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Tesla Drops Range Estimates On Every Vehicle But One

Jalopnik

Happy Wednesday! It’s January 10, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Read more.

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COMMENTARY: AI and auto — perfecting pricing strategies

Auto Remarketing

Auto dealerships are also embracing new AI tools for enhancing customer service and reshaping how they price their vehicles. In a traditional book value pricing method, auto remarketing dealerships list the base retail value on their website, leaving out factors such as mileage and vehicle condition.

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Weekend Car Buying Roundup March 23, 2024

Jalopnik

A sucker walks into a new car dealership every minute. Dealership showroom floors are practically delivery rooms for freshly-born suckers. There are shiny new cars on the floor, and rapacious young sales professionals just waiting to lure you into something you can’t afford , don’t need, or otherwise shouldn’t own.…