Even as they are operating in a challenging environment where customers and employees are staying home and the rules of operation change every day, auto dealers across the country are pitching in and doing their best to help their communities weather the pandemic.
Leading fixed ops solution to provide dealers multiple key features at no additional charge.
Customer retention takes spotlight as 1.8 million auto leases mature between March and July.
Average new-vehicle prices up nearly 3% year-over-year in March 2020, despite COVID-19 impact on the economy, according to Kelley Blue Book.
Crisis triggers a 47.9% decline from 52-week high in December; Kerrigan Advisors release additional insights into automotive retail ramifications.
What does the future hold for our industry?
As more stay-at-home orders go into effect and dealership sales departments are required to close, the buying activity on the lanes has decreased and so have the prices according to this week’s Used Car Market Insights report from Black Book and Laura Wehunt, Vice President, Automotive Valuations.
Defending the company from cyber threats is USEA’s top technology priority.
NADA has launched a new section of its website, the NADA Coronavirus Hub, for local dealerships looking for information on NADA’s government advocacy, regulatory compliance, educational resources, webinars and government resources related to the COVID-19 pandemic.
The CARES Act provides $2 trillion of stimulus to individuals, businesses, and hospitals and other impacted industries in response to the economic distress caused by the pandemic.
Leader Auto Resources (LAR), Resilience Capital Partners enter partnership to enhance services, significantly grow U.S. business.
APCO Holdings announced they will begin providing free access to digital retailing tools and online training courses designed to help dealers as the coronavirus crisis impacts normal business operations.
Passage and signing of CARES Act provides emergency relief to independent auto dealers.
Autotrader debuts Dealer Home Services to help sell and deliver vehicles without requiring a visit to the dealership.
As more state governments enforce a temporary or partial shutdown of dealerships, automotiveMastermind has shared a comprehensive 36-point checklist.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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