What’s the number one way for a lender to add value for their dealer partners? Faster funding. In today’s automotive marketplace where profit margins are crunched and sales have plateaued, auto dealers are looking…
Drive to Success: Margin Compression Continues to Stress Auto Dealers
Automotive dealerships continue to battle for profits every day. With changing consumer buying habits, more options for buying and using cars, and a highly competitive market, dealers are still struggling with shrinking margins. Can…
The Race for Talent: Why the Right DMS and Technology Partner are Key to Attracting Quality Candidates
Finding and retaining the right talent has never been more important or challenging for dealerships. They’re now facing the double whammy of historically low unemployment rates and high employee turnover. Fortunately, it turns out…
Drive to Success: Dreaming of Big Data in the Auto Industry
The automotive business changes fast, and technology even faster. But leaving it all up to chance is just risky. With technology integrating into every step of the buying and selling process, and with more…
Industry News Roundup: 6/28/19
This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Disruption is speed bump for auto sales – Credit Union National Association…
Your Dealership’s All-Access Pass
A customer is at your dealership ready to buy a vehicle from you and they’ve brought a trade-in. It’s game time! But trade-ins come with a lot of questions that can leave you feeling…
Leadership Lessons: Technology Transitions Tips with Susan Moll
Does your dealership desperately need new technology, but the idea of making a huge change keep you up at night? The longer you wait, the worse it feels to face the challenge. Change management…
Drive to Success: Measure What Matters When It Comes to KPIs
Whether you’re busy selling new cars, marketing your franchise business, or managing the day-to-day functions of your growing automotive dealership, it’s likely you’re really, really busy. But, you don’t want to stay busy spinning…
Industry News Roundup: 6/21/19
Introducing our new weekly Dealertrack blog feature designed to keep you up to date on industry news and trends that affect our customers. F&I continues to be a sweet spot for biggest dealers –…
Thinking Fresh: Today’s Modern, Adaptive Auto Dealer
Mandi Fang, Vice President and General Manager of Dealertrack DMS, a Cox Automotive company, recently joined Auto Remarketing’s podcast to share her perspective on digital transformation and its impact to the industry. With more…
Faster Paper Contract Processing for Lenders
The car buying process is getting more digitally connected with each passing year, yet most dealerships are still finalizing purchase contracts on paper. During this time when contract processing is a hybrid of traditional…
Drive to Success: Technology Change is All in Your head. (In a Good Way.)
Is your automotive dealership considering a change to your technology stack? Shifting customer needs are causing general managers, controllers, and owners to rethink their software systems. But dealers have a lot to consider. After…
