Solera

MARCH 18, 2024

As independent dealers hustling in a competitive market, you’ve probably faced the daunting challenge of getting solid financing. But fear not; we’re breaking down the why and offering game-changing strategies to help you level up your financing game. We get it – the struggle is real. They see volatility; you see innovation.

Finance 130

Finance Banking Software Management 130

Auto Service World

NOVEMBER 16, 2024

Transparent financing practices can make a world of difference in easing their concerns, building loyalty, and establishing a reputation for fairness. This article dives into why transparency matters in auto repair financing. Unclear or misleading financing terms. For many, navigating repair costs is a stressful experience.

Finance 130

Finance Auto Repair Auto Repair Shop Vehicle 130

Tomorrow's Technician

DECEMBER 3, 2024

Over the history of the loan program, DOE has provided billions in financing for American EV manufacturing, including loans to General Motors and Tesla. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 Phase 1 of the project is expected to start production in 2028.

Finance 130

Finance Manufacturing Technical Electric Vehicles 130

AutoShopOwner

NOVEMBER 6, 2024

If this sounds like you, we have a solution to keep your finances on track! A well-organized Chart of Accounts (COA) is essential for navigating the complexities of your business's finances. A COA helps you make data-driven decisions for your finances because you have information on spending trends and profitability at your fingertips.

Auto Repair Shop 130

Auto Repair Shop Finance Auto Repair Insurance 130

Auto Service World

JANUARY 6, 2025

All Alliance executive leadership teams, including those in information technology, sales and marketing, category management and finance, will continue to report to Washbish. Washbish becomes the third CEO in the history of the Alliance, following his father, John R.

Finance 263

Finance Education Management Automotive 263

AutoSuccess

MARCH 14, 2025

Here are the central themes and proposed actions outlined in the report: AI in Financial Services: AIs increasing adoption in areas like underwriting, fraud detection and customer service is modernizing auto finance operations. This approach not only ensures compliance but also fosters a culture of transparency and accountability.

Finance 40

Finance Management Customer Service IT 40

AutoShopOwner

MARCH 6, 2024

However, it’s not just our homes that can benefit – our finances can benefit from intentional tidying up and decluttering as well. In this blog post, we’re sharing 5 essential steps to spring clean your finances each and every year. In this blog post, we’re sharing 5 essential steps to spring clean your finances each and every year.

Finance 130

Finance Software Insurance IT 130

CATI

DECEMBER 26, 2024

You must manage finances, market your services, and ensure smooth day-to-day operations. The idea of starting your auto body shop is exciting. It offers the chance to combine your passion for vehicles with the independence of running your own business. Quality auto body training equips you with all the necessary technical skills for success.

Auto Body Shop 96

Auto Body Shop Technical IT Collision Repair 96

AutoShopOwner

MAY 22, 2024

Read on to see if your current business finances align with the long-term vision you have and what to do to help you plan for success. At the end of the day, sustainable business is key to long-term sustainable finances. As their business evolves over time, their vision may shift to reflect bigger goals.

Finance 130

Finance Insurance Management Education 130

autoevolution

MARCH 12, 2025

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. )

Banking 96

Banking Finance Automotive Marketing Automotive 96

autoevolution

APRIL 18, 2024

On Wednesday, Tesla announced new financing options in the US and Europe as it tries to fight sluggish de. Tesla is overhauling its operations, affecting everything from the employees to the company's strategy. On Tuesday, Tesla removed all inventory discounts in the US, signaling the end of the price cut era. continue reading. )

Finance 105

Finance IT 105

Tomorrow's Technician

NOVEMBER 26, 2024

billion from the Department of Energy Loan Programs Office, pending finalization of financing. EVgo announced it is expanding its partnership with Meijer, a Midwest grocery retailer, to enhance public fast-charging infrastructure at Meijer locations across Michigan, Illinois, Wisconsin, Indiana, Ohio and Kentucky.

Finance 130

Finance Retail IT 130

Tomorrow's Technician

NOVEMBER 26, 2024

billion from the Department of Energy Loan Programs Office, pending finalization of financing. EVgo announced it is expanding its partnership with Meijer, a Midwest grocery retailer, to enhance public fast-charging infrastructure at Meijer locations across Michigan, Illinois, Wisconsin, Indiana, Ohio and Kentucky.

Finance 130

Finance Retail IT 130

Automotive Training Centre

JANUARY 23, 2024

Finance Managers: Mastering the Financial Side of Auto Sales Finance managers handle the financial aspect of the sales process; they help clients obtain auto loans, explain complex financing choices, and carefully monitor paperwork to guarantee accuracy.

Service Advisor 261

Service Advisor Finance Auto Mechanic Training Management 261

Automotive Training Centre

OCTOBER 31, 2023

These loans can be arranged in two ways: Loans arranged through a dealer: Most dealers collaborate with a manufacturer’s financing division, banks, credit unions, or independent finance companies. Knowledge is power; the more information a customer has, the better equipped they are to choose the best financing route.

Automotive 278

Automotive Finance Banking Auto Mechanic Training 278

Auto Service World

MARCH 4, 2025

Digital tools Cox Automotives research suggested that improved digital tools and advances in AI have revolutionized the car-buying experience, offering a more transparent view of pricing, financing details and inventory availability. Spending more time shopping and exploring products and deals can actually be enjoyable for consumers.

Car 130

Car Finance Vehicle Automotive 130

AutoSuccess

DECEMBER 23, 2024

Bob and Brian discuss APC s post-sale service contract program, which aims to offer service contracts to customers who either declined them during the finance process or are using the dealership’s service department without one.

Finance 98

Finance Vehicle IT 98

AutoShopOwner

NOVEMBER 19, 2024

Aside from keeping your finances neat and tidy, we also offer business consulting to help you boost revenue. At Three Rivers Bookkeeping, our auto repair shop clients have experienced significant financial improvements this year – and we’re raising a toast to them in this post! Here’s a look at what we’re thankful for in 2024.

Auto Repair Shop 130

Auto Repair Shop Auto Repair Service Advisor Finance 130

Jalopnik

JANUARY 8, 2025

A federal judge in Georgia is ordering a bankrupt auto financing company to pay out $42.6 million in damages, restitution and penalties for violating the Consumer Financial Protection Act. It apparently carried out wrongful repossessions , over billing and other awful practices and scams. Sometimes car dealers cannot Read more.

Finance 53

Finance Car IT 53

Automotive Training Centre

DECEMBER 12, 2023

Interest rates have reached their highest levels in years, increasing costs for consumers seeking financing for vehicle purchases. However, with these changes come challenges, particularly economic ones. Exceptional Customer Service In automotive sales, exceptional customer service isn’t just a luxury; it’s a necessity.

Automotive 289

Automotive Auto Mechanic Training Finance Media 289

AutoShopOwner

FEBRUARY 19, 2025

Cloud-based accounting software can be a lifesaver here, making it easy to track your finances and generate reports. Hey, auto repair shop owners! With January behind us, it means one thing is coming down the pike: tax season. Keeping your taxes in order is like keeping your shop organized.

Auto Repair Shop 130

Auto Repair Shop Auto Repair Software Finance 130

AutoShopOwner

DECEMBER 17, 2024

Why a Year-End Review is Critical A yearly review is essential for several reasons: You collect data to identify positive and negative patterns within your finances. If youre running a small automotive business, doing a year-end review gives you an accurate picture of your performance over the past twelve months. What went well this year?

Finance 130

Finance Automotive IT 130

Auto Service World

JUNE 18, 2024

The 2024 report provides a comprehensive, data-driven analysis of the current market, including consumer buying attitudes, financing trends and detailed vehicle comparisons. Cars.com has released its second annual Affordability Report, highlighting a more accessible retail environment for car buyers.

Finance 147

Finance Retail Vehicle Car 147

Auto Service World

FEBRUARY 20, 2025

Plan Your finances strategically Financial planning is critical for managing startup costs, operational expenses, and long-term investments. Whether youre just starting or looking to expand, focusing on strategic planning, operational efficiency, and adaptability can position your business for growth.

Electric Vehicles 130

Electric Vehicles Management General Repair Electricity 130

autoevolution

APRIL 15, 2024

You're probably a bit tired of hearing about revolutionary aircraft designs being in the works, and also a bit disappointed that many of these projects usually fail, just like the startups behind them, long before they can actually take off. I'm not sure how many of you heard about. continue reading. )

Finance 105

Finance IT 105

AutoSuccess

MARCH 4, 2025

Over 90% of people who applied for financing through Sunbit technology were approved, and more than 75% decided to move forward with the financing offer. Dealership auto service, parts and repair financing is a tool for supporting customers through this shift. expanding its BNPL footprint in service and repair drives.

Finance 52

Finance Service Advisor Automotive Services Management 52

AutoSuccess

NOVEMBER 26, 2024

Personalization and Customization: Texts can be tailored to a customer’s specific interests using data-driven insights, such as updates on a specific vehicle model or financing options. This immediacy makes it ideal for initiating contact with potential customers. This personalized approach makes communications more relevant and engaging.

Finance 95

Finance Car Dealership Management Automotive 95

Auto Remarketing

JANUARY 8, 2025

Revolutionizing subprime auto finance For businesses involved in subprime auto financing, blockchain offers transformative potential: Improve credit scoring: Decentralized data can help create more accurate and dynamic credit profiles, enabling lenders to better assess risk and potentially increasing access to financing for underserved populations.

Automotive 52

Automotive Finance Consulting Education 52

AutoShopOwner

JANUARY 29, 2025

Separating your business and personal finances is crucial. As we kick off 2025, its a great time for you, an auto repair shop owner, to focus on financial organization, especially with tax season just around the corner. Its best practice to keep all invoices and receipts organized by vendor and date.

Banking 130

Banking Auto Repair Shop Finance Auto Repair 130

AutoSuccess

DECEMBER 4, 2024

You realize the potential buyer has no credit history, so you conclude that they have no chance of being able to finance the car. While it’s been common practice to prejudge and dismiss someone who appears unlikely to secure financing, it can needlessly cost your dealership the sales it needs to meet its goals.

Finance 52

Finance Education Retail Car 52

autoevolution

APRIL 11, 2024

The beauty of living out in the wild is one of those lifestyle changes that almost everyone wants to achieve, but very few have the right finances to do so. Well, one team is making a business out of transforming your existing vehicle into a camping-ready machine. However, we never fully covered all the conversi. continue reading. )

Finance 98

Finance IT Vehicle 98

Auto Service World

SEPTEMBER 26, 2024

I was expecting it to look a lot more like the US, where we’d see flattish numbers for battery electric vehicles,” he told Yahoo Finance. “I I was expecting it to look a lot more like the US, where we’d see flattish numbers for battery electric vehicles,” he told Yahoo Finance. per cent (BEVs: 9.9 per cent; PHEVs 3.5

Electric Vehicles 288

Electric Vehicles Electricity Vehicle Finance 288

Tire Review Magazine

NOVEMBER 8, 2024

According to Yokohama Rubber, double materiality emphasizes both the social and environmental impacts on a company’s finances and the impact of the company’s activities on the environment and society. Companies with a high overall evaluation in their industry are awarded “Prime” status.

Finance 71

Finance Management IT 71

Shop Marketing Pros

AUGUST 23, 2023

Listen in and hear my plea for you to become an ace at managing your business’s money as well as your personal finances. The importance of managing personal finances (00:14:50) The need to manage personal finances effectively and the benefits it brings to business owners.

Management 130

Management Finance Auto Repair IT 130

Jalopnik

JANUARY 4, 2025

These days, it seems like all the desirable, interesting cars are staying expensive instead of getting cheap so they can ruin the finances of normal people willing to roll the dice on maintenance and repairs. Those may be bad decisions, but we at least want the opportunity to make them, dammit. The BMW i8 , on the Read more.

Finance 50

Finance Car Electric Vehicles IT 50

AutoShopOwner

SEPTEMBER 20, 2023

This strategy helps business owners transform the way they manage their finances in order to ensure stability, growth, and confidence knowing they’ll always get paid. This strategy helps business owners transform the way they manage their finances in order to ensure stability, growth, and confidence knowing they’ll always get paid.

Management 130

Management Finance Banking IT 130

Autoblog: Repairs

JULY 22, 2024

Pras Subramanian is a reporter for Yahoo Finance covering the auto industry. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance The answer: It made it to Ad Age’s “America’s hottest brands” list for 2024. Take that, Boomer.

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Finance IT Media Car 90