Correcting the Chip Shortage Will Take Time
As the automotive industry spins its wheels waiting for chips, analysts say the road to correcting the chip shortage won’t clear until at least 2022.
As the automotive industry spins its wheels waiting for chips, analysts say the road to correcting the chip shortage won’t clear until at least 2022.
Research highlights how to get customers to return after the sale.
Pirate ships, and we all know a few, are an “everyman for themselves” environment. Cruise ships on the other hand, have well-established processes.
While it’s true that disruptors have taken some pre-owned market share from dealers, there is nothing these retail outlets are doing that dealerships can’t do even better.
Unlocking critical data through a digital-first approach is the most important step in understanding long-term patterns, trends, and issues, while also driving continuous improvement.
Overall, the data shows encouraging signs for the automotive finance market.
A quality website will not only help you land more business, but it will also give your dealership a professional look that builds credibility.
How electric vehicles will spark new opportunities in dealerships ready for change.
The service customer/service department relationship is built on trust. If your customers don’t trust you to be open, upfront, and honest, they won’t trust you with their business. When you increase your efforts to improve communication throughout the service process, you build trust with your customers and boost your bottom line.
What’s your team capable of? If you think about it, the most powerful resource you have to build or grow your business are the people you pay to work with you — if you would just get out of their way and let them work.
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