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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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ADT Magazine
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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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Although used vehicle prices have risen steadily in recent years due to a deluge of off-lease, option-rich SUVs, and trucks hitting used lots, experts say this trend is set to hit a turning point, according to new research from Edmunds.
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TireHub logistics centers relocated and improved to better serve customers.
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Edmunds’ revamped Industry Center page compiles digital product offerings, additional resources to support shoppers and dealers while shelter-in-place orders limit in-store interaction and sales.
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COVID-19 cases keep growing in the U.S., but the pace of increase is slowing as the peak in new cases occurred a week ago. Cox Automotive offers a quick, five-minute review of the key data points that drive our business.
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Global light vehicle sales are forecast to be down 22 percent to 70.3 million units this year in the wake of COVID-19, according to the most recent analysis from IHS Markit.
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New national corporate partner provides F&I geared toward independent dealers.
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NADA wants to highlight what dealers are doing to support their local communities, including first responders, charitable organizations and families, during this difficult time. Tell us about your experience and your staff, community and store.
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The “Still Moving’” spot highlights the various home services now offered by dealers to bring convenience and comfort to in-market shoppers while minimizing in-person contact.
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Offer extends beyond Binary’s client base and is open to any dealership as a way to provide support and needed resources during COVID-19 pandemic.
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MBPI recently hired Jason Caley in a newly created role as National Fixed Operations Director.
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