In today’s unprecedented automotive landscape, social distancing and economic hardship have put increased pressure on dealership profits and placed a crunch on cash flow. According to Cox Automotive surveys, dealerships are reporting 60-70% declines…
6 Ways to Drive Digital Transformation at Your Dealership
As the automotive retail industry faces new challenges, forward-thinking dealerships are reimagining their business environments. One of the most obvious and natural evolutions of having socially distanced customers and workers is to leverage technology…
5 Tools for Driving Operational Efficiency
Dealership operations are facing new challenges in the face of uncertainty. All industries will be impacted—either immediately or eventually—in 2020 by new Social Distancing guidelines and new operating models. Yet, the automotive industry…
Drive to Success: Thinking Beyond the Showroom
Our partners in the industry are finding new ways to ensure their future success by meeting the needs of their customers faster, safer, and online. It’s never been more important to think beyond the…
Let Us Help Keep Your Dealership On Track
Amid fears of disruption and loss of revenue, the spirit of innovation is driving chance in the business. Where once physical and social interaction between salespeople and clients was cornerstone, now personal and public…
5 Compliance Tips for F&I Selling
As dealerships look for ways to counter shrinking profit margins, F&I product sales are one of the revenue sources they turn to. Cox Automotive 2022 Car Buyer Journey research shows that 67% of car…
The State of the Used Car Industry in 2020
In his Key Industry Trends for 2020 address, Cox Automotive Chief Economist Jonathan Smoke made several predictions about how used car sales can be expected to trend in the coming year. Used car sales are expected to increase…
Why Use An Out-of-State Reg & Title Solution?
Your dealership’s online presence has done its job and brought in a customer from several states away who’s been looking for a vehicle of the exact make, model, trim and color that you have…
Trade-In Titling Highlights from NADA 2020
If you weren’t at NADA or didn’t get a chance to stop by the Dealertrack booth, we don’t want you to miss out on this year’s buzz about Accelerated Title. Here’s a peek at…
Your Dealertrack NADA Sneak Peek
The excitement for NADA is building and we have so much to talk to you about! Between new partnerships, deeper integrations and enhanced solutions, there’s a lot of news you’ll want to hear. More…
New in Compliance for 2020
The regulatory landscape changes every year, so staying compliant with all of the laws and regulations that apply to your dealership can be a challenge. But if you don’t stay on top of it,…
3 Reasons Lenders Shouldn’t Wait to Start eContracting
Still wondering if you should be using eContracting for your auto loan originations? Let’s examine some of the reasons lending institutions should already be using eContracting or digital contracting. 1. eContracting is the new…
