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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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DealerSocket has upgraded its mobile CRM, adding a mobile driver’s license scanner, push alerts for website visits and the ability to attach images and videos to outgoing emails within the mobile application.
Read More →The finalized rule updating overtime regulations will automatically extend overtime pay protections to more than four millions workers within the first year of implementation. The NADA said it is developing outreach materials on the rule’s impact on dealerships and is evaluating potential participation in potential litigation and Congressional oversight.
Read More →The connection will allow dealers to rate and contract Wise F&I's product line electronically through MenuSys, ensuring up-to-date pricing and product information.
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The most targeted vehicles were those worth more than $30,000. However, the average value of recovered vehicles in 2015 was $10,287. Thieves are also targeting specific vehicle colors, with black and white cars accounting for 20% and 18% of vehicles recovered, respectively.
Read More →The 500,000 units sold in the first three months of the year has California dealers on track to sell more than million units in 2016, according to the California New Car Dealers Association.
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With inspiring training sessions, enthusiastic speakers and an esteemed group of attendees, exhibitors and sponsors, Dealer Summit was time well spent! Photos by Eric Tillotson
Read More →Republican Presidential candidate Donald Trump told Reuters he would release a plan in about two weeks for overhauling the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
Read More →The platform is designed to enable vehicle-to-government transactions across the entire lifecycle of a vehicle. After the platforms launch in Oregon, the company plans to expand it to California, Virginia and Illinois by the end of the year.
Read More →The hard plastic, dry-erase tags give dealers the ability to reuse them instead of throwing them away, as is the case with traditional paper tags. These tags also eliminate the possibility of misprints due to their dry-erase nature.
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The integration will eliminate redundancies while increasing dealer efficiency, according to the announcement. Now both new and existing Skywerks dealers will be able to take advantage of the Selly Automotive platform, the announcement adds.
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