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AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
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Makes key addition in automotive veteran Averi Tucker, who brings decades of sales leadership and business-development experience.
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The strategic imperative for auto dealers is to prioritize F&I product sales and wealth-building in challenging times.
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Though rates may be stabilizing, many pay out of pocket for repairs, shop for new carriers.
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Potential short-circuit issue covers many brands from model years 2012 through 2018.
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Reynolds says new report proves improving operational efficiency, engaging technicians in selling maximize profitability, even for very busy service departments.
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Expert says building trust and brand loyalty among all customers can be achieved by tailoring the car-buying experience to women.
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Access to Tesla fast chargers for other brands helped lift satisfaction two straight quarters, but many public chargers still unreliable, survey finds.
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Advocate for AI in auto retail encourages dealerships to embrace it despite reservations due to the power it holds to rev business.
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July conditions tighter for consumers despite average loan rate decline.
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Poll shows growing aversion to technology’s accelerating part in process.
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