AutoSuccess

DECEMBER 3, 2024

The speed with which AI tools are advancing is incomparable to any software development we have ever seen,” said Chris Walsh, president of Reynolds. “We We launched Spark AI at Reynolds Retail Summit in August, and we are already two iterations beyond that version with additional products being released at the show.”

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AutoSuccess

JANUARY 30, 2024

Space Auto has announced a new integrated Digital Retailing and Digital Desking feature as part of its software suite beginning in January 2024. The new feature will allow car dealerships to offer customers different options for their vehicle purchases, including terms, monthly payments and rates.

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Retail Software Car Dealership Management 52

Tomorrow's Technician

AUGUST 6, 2024

I had no idea what CDK was until I made the connection that most of the parts pros complaining were at new car dealerships.CDK Global is a company that makes software to run new car dealerships called a DMS. The software is integrated into the sales, service and parts operations. It gets worse.

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AutoSuccess

JANUARY 19, 2024

We discussed how the market continues to evolve and push further into a digital retailing-first approach, despite many dealerships simply not being ready for the change. Among the most glaring issues are the lack of personalization and consistency across digital retailing solutions.

Retail 52

Retail Finance Car Dealership Education 52

AutoSuccess

MAY 22, 2024

Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new-car dealership in the United States, regardless of brand, location or direct input from the dealership. franchise dealerships.

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Software Retail Automotive Car Dealership 52

AutoSuccess

DECEMBER 6, 2024

Central to this process is the use of encryption in safeguarding customer data in automotive retail to avoid privacy breaches and how dealerships can implement encryption to protect their customers and businesses. This may include: Database encryption software File-level encryption tools Secure communication protocols (e.g.,

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Retail Automotive Management Software 52

AutoSuccess

NOVEMBER 7, 2023

Space Auto is a cloud-based, dealership software designed to work across one platform with websites, retailing and communications optimized to generate more traffic, convert more leads and sell more cars. Visit Space.Auto. Watch the video above to learn more about this and more!

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AutoSuccess

FEBRUARY 25, 2025

CDK will provide its 30 dealerships with the CDK Dealership Xperience , an open and integrated platform that transforms how dealerships sell and service cars and operate their businesses in a digital world. Over the past decade, CDK has proven to be a reliable partner that understands the needs of our retail and wholesale businesses.

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Automotive Retail Software Management 52

AutoSuccess

JUNE 18, 2024

Better Car People (BCP) announced the acquisition of Proactive Dealer Solutions (PDS). The union combines BCP’s lead engagement platform, generative AI for SMS/email and BDC operations with PDS’s Brooke AI Digital Voice Assistant, BDC technology and in-store retail performance consulting and training.

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Car Retail Automotive Software 52

AutoSuccess

APRIL 9, 2024

Fleet allocations will only continue to grow, and it is important for fleets and auto retailers to identify new solutions via advanced connected vehicle data to maintain profits and customer expectations. Arora focuses on creating a comprehensive ecosystem of partners to monetize untapped connected car data.

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Retail Management Vehicle Transportation 52

AutoSuccess

MAY 15, 2024

Fleet allocations will only continue to grow, and it is important for fleets and auto retailers to identify new solutions via advanced connected vehicle data to maintain profits and customer expectations. Arora focuses on creating a comprehensive ecosystem of partners to monetize untapped connected car data.

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Retail Vehicle Transportation Management 40

AutoSuccess

FEBRUARY 2, 2024

Impel announced in a press release that Impel’s advanced generative conversational AI platform will become a capability of the CDK Modern Retail Suite within the CDK Dealership Xperience, an open and integrated platform that transforms how dealers sell and service cars and operate their businesses simply in a modern and digital world.

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AutoSuccess

JULY 16, 2024

To maintain a healthy stance on the Combating Auto Retail Scams (CARS) Rule, consider conducting a “temperature” check of your dealership. The CARS Rule must be at the top of your temperature checklist because it is essential to your operating well-being. Do these well and correctly, and the CARS Rule should take care of itself.

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Car Management Retail Software 75

AutoSuccess

JANUARY 9, 2024

Autosoft has announced in a press release its collaboration with Amazon Web Services (AWS), Inc to provide a seamless flow of data through dealership management software to allow for a revolutionary way of car buying for consumers. The post Autosoft Collaborates with AWS for Seamless Car Buying appeared first on AutoSuccessOnline.

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Auto Remarketing

JANUARY 10, 2024

million and retail used sales (those involving a dealer) projected to climb from 19.0 The year closed a positive note, with dealers seeing approximately a 3% month-over-month rise in used-car sales in December, with year-over-year sales up 1%, Cox said, citing an initial estimate based on data from its vAuto unit. million sales to 36.2

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Used Cars Car Retail Software 52

AutoSuccess

JUNE 13, 2024

CarNow announced the introduction of Conversion+, a shopper-centric software solution designed to provide independent automotive dealers with the tools they need to simplify the car shopping process, increase velocity to the sale and boost lead to sale conversion ratios. This is one of our highest converting lead sources.

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Car Retail Software Management 52

AutoSuccess

JUNE 3, 2024

This enhancement introduces new solutions focused on Used Car Pricing, Service Management, and New Car Sales Negotiation, further empowering dealerships to optimize their operations and profitability. “Our upgraded AI Factory is not just a technological advancement.

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Retail Customer Service Management Used Cars 52

Auto Remarketing

OCTOBER 2, 2024

The last couple of years, automotive dealers were making record profits from car sales. Optimize inventory turn: Prioritize assessing every car in inventory to ensure that the dealership isn’t overstocking. And that analysis should not be limited to new cars.

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AutoSuccess

DECEMBER 18, 2023

The Federal Trade Commission has finalized a new rule to fight two common types of illegal tactics consumers face when buying a car: bait-and-switch tactics and hidden junk fees. The CARS Rule will prohibit exploitative junk fees in the car-buying process, saving people time and money and protecting honest dealers.”

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Vehicle Car Finance Software 52

AutoSuccess

SEPTEMBER 28, 2024

Private-party vehicle acquisition is one of the most talked-about trends in retail automotive. Pros: o Complete Control: You pick the cars and the price. When using a private-party management software, dealers see up to an 84% reduction in acquisition costs and two to three times total purchases per month.

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Used Cars Car Management Retail 52

AutoSuccess

JUNE 6, 2024

If you want to manage inventory holding costs and bolster your earnings per share, consider how your used car reconditioning operates. Cars get sale-ready within three to five days of acquisition. These vehicles retail faster, which means more margin and cash flow are flowing back into your operation. days you speed up recon.

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Software Management Used Cars Vehicle 52

AutoSuccess

SEPTEMBER 26, 2024

With a career spanning my entire adult life in the automotive industry, I have witnessed firsthand the gradual evolution of retail (where I began), which has been greatly accelerated by the COVID-19 pandemic. The pandemic accelerated this shift as consumers increasingly sought an “Amazon-like” experience in car buying.

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Automotive Retail Finance Management 52

AutoSuccess

JANUARY 18, 2024

The latest book from Rapid Recon founder Dennis McGinn, “ASPIRE to Predictable,” outlines ways the dealership reconditioning software company brings predictability to a general manager’s day. This problem has been – and continues to be — a challenge for used car profitability, particularly regarding mechanical repairs.

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Used Cars Software Mechanical Repairs Retail 52

AutoSuccess

OCTOBER 16, 2023

a leading provider of modern software platforms for financial institutions and consumer reporting agencies. “Consumer preference to complete more car buying activities online has increased beyond researching vehicle features, price, and availability. .”

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Retail Automotive Software Vehicle 52

AutoSuccess

MAY 22, 2024

CarNow , a digital retailing company in the automotive industry, announced it has joined the Amazon Web Services (AWS) Partner Network (APN) as a Software Partner. The company’s open API integrates with existing DMS, CRM and desking tools, helping to simplify traditionally cumbersome aspects related to car-buying.

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Retail Automotive Technical Software 52

AutoSuccess

APRIL 29, 2024

The software suite includes a user-friendly dashboard that offers analysis and reporting across key dealership areas including digital marketing, inventory retailing, lead handling, sales performance and finance performance.

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Finance Software Insurance Retail 52

Autoblog: Repairs

AUGUST 30, 2024

As Car and Driver reported and VinFast's site confirms , the new price for an entry-level VF9 Eco is around $71,000 after destination, $12,000 off the previous amount. The company's retail site doesn't make mention of this that we can find. According to the spec sheet at the retail site, both come with a 15.6-inch

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Retail Software Electricity Car 52

AutoSuccess

JUNE 4, 2024

Now more than ever, it’s imperative for auto retailers to return to a pre-pandemic mindset where they were hungry and searching for the right competitive edge in their approach to inventory management and pricing strategies. Auto retailers must continuously reevaluate their inventory management and pricing strategies.

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Management Retail IT Software 52

AutoSuccess

AUGUST 8, 2024

How many days does it take to get a vehicle retail-ready? Step 3: Optimize and Monitor With your goals in place, use reconditioning software to continuously monitor and optimize your recon process. A car generating leads while stuck in recon is a lost opportunity.

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Vehicle Retail Body Repair Transportation 52

AutoSuccess

APRIL 30, 2024

Energy Toolbase , Socomec and Sprocket Power have deployed an energy storage system (ESS) at an expansive New York car dealership to provide microgrid capabilities, reduce demand charges and participate in the state’s demand response programs.

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Electric Vehicles Software Electricity Car Dealership 52

Auto Remarketing

JANUARY 17, 2024

We’ve got just tons of data that can be very helpful for both the auto industry, the OEMs themselves and for the dealers who are ordering cars and selling their cars,” he said. For those interested in driving electric vehicle retail share, a panel at the Summit will explore information stemming from the data set J.D.

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Auto Remarketing

OCTOBER 16, 2024

Inventory management and pricing tools : Machine learning software and AI algorithms analyze market trends, competitor pricing, and historical data to optimize inventory levels and pricing strategies, improving profitability. This immersive experience not only engages customers but also accelerates decision-making.

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Transportation Finance Management Automotive 96

AutoSuccess

JANUARY 9, 2024

We hire smart people that have little to no retail experience. With AutoFi’s technology and training they are up and running in two weeks and selling 18-19 cars per month. We were a pioneer developing the industry’s first finance-centered digital retailing solution for dealers,” said Kevin Singerman, CEO and founder of AutoFi.

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Retail Finance Software Car 40

CATI

AUGUST 17, 2023

Mobile Mechanic Mobile mechanics carry out routine maintenance, large repairs, parts replacement, refurbishing, and general servicing of cars of all types at the request of their customers. And if you’re pretty good at it, you could command more than decent wages, commissions, and earnings from car owners, dealerships, body shops, etc.

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Mechanic Technical Auto Body Shop Retail 52

AutoSuccess

JUNE 11, 2024

Why, as a software engineer with 29 years in the car business, should I care? I have been in the car business since I was 21. Recently, I was taken aback. I attended the 2024 Women In Automotive Conference in Colorado Springs, Colorado. What makes Women In Automotive different? What could I possibly learn? Iron sharpens iron.

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Automotive Retail Management Media 105

AutoSuccess

FEBRUARY 15, 2024

This profit per vehicle strategy couldn’t have come at a better time,” said Jared Ricart, president of the Ricart Automotive Group, whose used car operation sells 600 to 800 used cars monthly. Increase profits from parts, customer-pay services, and used cars. Eliminate chargebacks to sales.

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Automotive Used Cars Hospitality Management 52

AutoSuccess

JULY 30, 2024

Let’s break down key considerations for selecting the best chat tool for your car dealership. As more car shoppers initiate the purchasing process online, trained chat agents engage online shoppers. Buying a car is a big, emotional decision, and humans excel at responding to various customer concerns.

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Finance Software Car Automotive 52