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Solution Provider
LEASE CREDIT APPROVAL RATES PERFORM BETTER THAN USUAL IN DECEMBER

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 62.0% approval rate for December. The lease credit approval rate decreased slightly from November’s rate of 67.5%.…
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Added by John Sternal on January 10, 2018 at 11:01am — No Comments


Solution Provider
Market Decline Continues in the New Year

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. …
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Added by Black Book on January 10, 2018 at 10:58am — No Comments


Solution Provider
Give Them Some Skin in the Game, Stop the Silos

There can be no arguing that most dealerships operate in silos. Typically, four exist: New Car Sales, Used Car Sales, Service and Finance. These four departments usually work independently of each other, each with its own revenue and volume goals, yet…

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Added by Ujj Nath on January 10, 2018 at 9:59am — No Comments


Solution Provider
How to Avoid Repeat Repairs in Warranty

Repeat repairs, similar repairs, or ineffective 1st repairs seem to be the biggest driver in causing trend report problems. Not only is it a trend issue but it affects the customer's satisfaction as well. And if you have this issue in warranty you also have it in customer pay. No customer likes to come back for the same issue. It is…

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Added by AWN INC on January 10, 2018 at 9:57am — No Comments


Solution Provider
When It Comes to Marketing, Don’t Be The Horse With Blinders On!

One of the most frustrating things for marketers and public relations professionals is that companies tend to be so focused on producing sales, and/or marketing to prospective clients, that they become a bit like horses with blinders on -- focused on the single carrot in front of them – namely, customer acquisition.

Don’t misunderstand me; whether you’re a…

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Added by sara callahan on January 10, 2018 at 9:30am — No Comments


Training Provider
What Now?

The moment you notice something may be going wrong the very first thought that comes into your mind might be “what now.” Many people I know have the expectation that their life is just going to be full of problems no matter what they do. In a way, with this mentality, it justifies their life being miserable. The truth is this attitude…

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Added by Rob Gehring on January 9, 2018 at 1:00pm — No Comments


Solution Provider
BLACK BOOK UNVEILS HISTORY-ADJUSTED VEHICLE VALUES FOR AUTO PROFESSIONALS

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today its most precise valuation yet, VIN-specific History-Adjusted Valuations, an analytics-driven process for determining the impact a vehicle’s history has on its value.…
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Added by Black Book on January 9, 2018 at 12:10pm — No Comments


Training Provider
Success in Sales Podcast- Episode 10

This week, Jeff discusses the 6 steps to closing the sale! Sometimes we study our product or service effortlessly, train consistently, build rapport, and still can't close the sale! This podcast will give you simple steps and tips to closing the sale, every time.

Click here to watch now!

Also available on iTunes, Stitcher, and GooglePlay.…

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Added by Jeff Cowan on January 9, 2018 at 12:00pm — No Comments


Solution Provider
Consumer Perception of Dealerships Improves Significantly when Financing is Completed Online

New data from SpringboardAuto reveals that consumer likelihood to provide the dealer a 5-star rating increases by 133% and the percentage stating they would return to the dealer for future service visits nearly doubles when financing is completed online; 86% surveyed prefer to finance online before going to dealership

 

Irvine, CA –…

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Added by Crystal Hartwell on January 9, 2018 at 9:47am — No Comments


Solution Provider
It’s 2018. Now What?

If you work in a dealership, my bet is that you are either celebrating because you exceeded your goals, are breathing a sigh of relief that you met them, or are extremely nervous because you didn’t.

This time of year is generally crammed with reports, RDRs, OEM face downs and…

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Added by Mike Gorun on January 9, 2018 at 9:16am — No Comments


Solution Provider
BLACK BOOK USED VEHICLE RETENTION INDEX FINISHES DECEMBER ON A SLIGHTLY WEAKER NOTE

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for December, with the Index falling -0.7% from 115.0 to 114.1 last month, its first decline in the last four months dating back to August.…
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Added by Black Book on January 8, 2018 at 1:11pm — No Comments


Solution Provider
Brand Centric Growth

I once heard influential thinker Michael Porter say that strategy is as much about what you choose not…

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Added by Scot Eisenfelder on January 8, 2018 at 9:26am — No Comments


Solution Provider
Auto/Mate Presents “Turnover Costs Dealerships Billions: How to Retain Your Best Employees” in Automotive News Webinar

ALBANY, N.Y. – Jan 8, 2018 – Auto/Mate Dealership Systems (http://www.automate.com) will present a free Automotive News PowerTRAINING webinar titled “Turnover Costs Dealerships Billions: How to Retain Your Best Employees.” The webinar is scheduled for Tuesday, Jan. 23 at 2 p.m. EST.  

 

"Your top-performing employees are the most valuable assets in your dealership. Yet, dealerships are still experiencing a sales…

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Added by Mike Esposito on January 8, 2018 at 9:21am — No Comments


Solution Provider
Sadly Dealers Still Believe In Conquest Email

I have written extensively in the past two years about conquest email campaigns and have warned dealers that most companies offering these services generate highly suspicious worthless traffic.

Most conquest campaigns generate website traffic that does not act like a consumer, does not asks questions like a consumer or researches vehicles like the other…

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Added by Brian Pasch on January 6, 2018 at 2:43pm — 1 Comment


Solution Provider
Could Subscription Services & Autonomous Vehicles Solve the Recall Epidemic?

While the struggle to decrease unrepaired recall vehicles on the road continues, new business models…

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Added by Chris Miller on January 5, 2018 at 9:27am — No Comments


Training Provider
Why Should We Focus on Women? Part 2

-by Sally Whitesell for AutoSuccess Service Magazine

You know from Part 1 that women are crucial to your business. So are you making women a top priority?

If you meet the expectations of women you will exceed the expectations of…

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Added by Sally Whitesell on January 4, 2018 at 4:27pm — No Comments


Training Provider
Episode 10- Write Service Podcast

Do you have numbers or goals that you can't seem to reach? You do all the training, all the role plays, all the walk-arounds, but can't seem to get there? Why? Don't be afraid to hold your people accountable! This week, Jeff discusses accountability and the best steps to maintaining consistency with your entire staff. Copyright 2017 Wm. Jeff Cowan

Click here to watch!…

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Added by Jeff Cowan on January 4, 2018 at 12:00pm — No Comments


Solution Provider
Are Autonomous Vehicles the Future of Automotive Marketing?

If you backtrack through the history of advertising and marketing, you’ll find it’s always been about pushing the message to the consumer. In the old days radio and television were the dominant media and consumers had little choice but to watch and listen.…

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Added by Steve White on January 4, 2018 at 9:26am — No Comments


Solution Provider
Record Decline for Car Segment

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. …
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Added by Black Book on January 3, 2018 at 2:38pm — No Comments


Training Provider
Did you leave money on the table in 2017?

Gross profit is critical to the bottom line and warranty parts and labor reduce our results. The cost of training, equipment, special tools, and labor continue to rise making profit a challenge for dealerships. Our new Margin Plus program can get your dealership additional gross profit to offset the challenges. Let’s see what you are leaving on the…

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Added by Rob Gehring on January 3, 2018 at 12:30pm — No Comments

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