
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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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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Autotrader announced the 2020 Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO is a perfect option for a cheaper vehicle that has a manufacturer-backed warranty.
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Understanding the differences in target audiences, their feelings about brand, loyalty, preferences, and shopping habits is vital for success.
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New feature allows dealership customers to pay ROs & parts invoices remotely.
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David Jorgensen announced as co-owner and President of new division.
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Portfolio's reinsurance website was redesigned to offer dealers and agents an intuitive, interactive experience in a mobile-friendly format.
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The F&I Providers Relief Fund for F&I Managers raised more than $500,000 in only about a month – half of its $1 million fundraising goal – but the board is still looking for donors to meet the overwhelming need for financial assistance grants to F&I managers.
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Black Book recently published an update to their COVID-19 Market Updates.
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As vehicle margins continue to compress, dealers need to differentiate themselves beyond vehicle prices and offer consumers a premium experience. An excellent reputation and finding the right vendor to manage it are vital first steps.
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Dealers begin rehiring staff and opening up for sales, but challenges remain.
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Ron Reahard of Reahard & Associates, Inc. announces their popular F&I product videos will be made available to dealers free of charge for 120 days.
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