The Q1 2023 CADSI is based on 1,022 U.S. auto dealer respondents, comprising 571 franchised dealers and 451 independents. The survey was conducted from January 30 to February 13, 2023. Dealer responses were weighted by dealership type and sales volume to represent the national dealer populatio...
Being intentional and organized around sustainability is necessary to maximize the benefits. Also, local community engagement is a key enabler of long-term success of dealership environmental sustainability efforts. Learn more about brands featured in the video: Do… Read Article Speaker Sessions ...
In a conversation withAutomotive Newspublisher KC Crain, Lori Wittman, President of Retail Solutions at Cox Automotive, outlines how a tightly-integrated dealership technology stack can maximize profits, boost efficiency and create next-level experiences for car shoppers....
Lately, I’ve sensed a similar staring contest emerging in the new car business between consumers, dealers, and automakers. The question is who will blink first? Before 2020, when dealership lots were overflowing with new-vehicle inventory, manufacturers were always quick to blink—offering bigger ...
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not contact the dealership prior to their first visit. However, the way car buyers prefer to communicate with dealerships is gradually changing with the expanded use of technology. Phone and email contact is down since 2018, while online chat and text have grown as the first point of contact...
Consumers are now able to better evaluate monthly budget requirements prior to engaging further down the purchase funnel. Likewise, dealers have implemented multiple price and payment tools which help consumers view, engage and structure transactions without having to visit the dealership. These initiative...