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Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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SEARCHMENUSEARCHWhile new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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DealerPolicy’s survey of dealers and car buyers confirms auto insurance is a major influencer on customer satisfaction, spending power, and dealership profitability.
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Black Book recently published an update to their weekly COVID-19 Market Insights report.
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Auto dealers are justifiably worried about how latest surge in pandemic will affect service business; this guide helps answer what can be done about it.
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At a time when it was sink or swim for many dealerships, Brian Kramer rose to the challenge and turned lost time into a digital transformation.
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A quarter of companies are seeing higher sales with self-service materials and chat.
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Online auto retailing is here, it’s vital, and it’s valuable — This expansion has to include evolution in the online F&I presentation to ensure the full scope of revenue opportunity is being captured.
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Black Book recently published an update to their weekly COVID-19 Market Insights report.
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Dealerships that participated in the 2020 pilot program saw cost recovery increases of 114% and rental fleet utilization rates above 85%.
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2020 is on track to surpass 2015’s record transaction levels; mega dealer transactions on the rise, dealership earnings spike blue sky values, Toyota is most valuable non-luxury franchise, according to Third Quarter 2020 Blue Sky Report®.
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It is critical to look at what happens with your sales team once a lead is submitted. Meet the consumers where they are and you’ll see the sales roll in.
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