Recently, Isabelle Helms, Cox Automotive VP of Marketing Intelligence and Jonathan Smoke, Cox Automotive Chief Economist, presented an in-depth webinar for lenders outlining current economic and market movement, trends and KPIs, as well as…
Hands-Off Tools for No-Contact Deals
As cities are “reopening” around the country, we see buyers returning cautiously, with just 2% of consumers considering things to be “back to normal” according to the Cox Automotive COVID-19 Consumer Impact Study (June…
Industry News Roundup: 9/20/19
Our latest news roundup from Dealertrack addresses best practices for the F&I office, a heads-up about the next generation of auto buyers, and an update on the state of the economy and the automotive…
Industry News Roundup: 8/16/19
This week’s news roundup from Dealertrack includes some surprising best practices for the F&I office, a heads-up about the next generation of auto buyers, and an update on the state of the economy and…
Industry News Roundup: 7/19/19
This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Calif. data law could send dealers scrambling – Automotive News New compliance…
Industry News Roundup: 7/12/19
This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Customer Trends: 5 Takeaways from the 2019 Cox Automotive Car Buyer Journey…
Industry News Roundup: 6/21/19
Introducing our new weekly Dealertrack blog feature designed to keep you up to date on industry news and trends that affect our customers. F&I continues to be a sweet spot for biggest dealers –…
Drive to Success: Training is the key to retention
Hiring and training employees is important in any industry. But in the auto sales industry, where retention is low and turnover is high, focused training programs that teach new hires the ins and outs…
Cloud Optimization, Your DMS, and You
As technology evolves, so does its language. And one of the newest tech buzz terms “the cloud” can be a little confusing. What is the cloud? How can it help your business? And what…
Drive to Success: Enhancing Online Presence
Customers shop for cars online. Because of this simple fact, it’s the job of every savvy dealership to have an online presence that caters to customers’ shopping preferences and attracts consumers to the dealership.…
Drive to Success: Preparing for a Technology Switch
Making a switch to new technology is a big decision that can have big profit implications for a dealership. To reduce the pain sometimes involved, dealerships should research and choose the right vendor that…
Drive to Success: Efficiency in Your Fixed Ops
Unlike the periodic fluctuations in the numbers and margins of new and used car sales, service lanes provide consistent opportunities for profit. But many dealerships fail to place adequate emphasis on their fixed operations…