Blog

Vehicle thefts are surging at an alarming rate. To put it into perspective, the NCIB reported that nearly 500,000 vehicles were stolen nationwide in the first half of 2023 alone. Certain states, such as Illinois, have seen thefts spike by as much as 38% during the same period. Dealerships, unfortunately, have borne a significant brunt of this surge. These thefts...

Managing dealership inventory audits has always been vital, yet often overwhelming for dealerships. The core objective of these audits is for the floor plan finance companies to have a comprehensive and accurate account of all vehicles on the floor.   In many dealerships this is a manual, often grueling process: physically verifying each car, meticulously noting down VINs, bills of sale,...

The hum of the engine, the freedom of the open road – for many teenagers, acquiring their driver’s license is a thrilling rite of passage. For parents, however, it sparks a new set of anxieties.  Shocking but true, the CDC reports that “About eight teens ages 13–19 die every day from motor vehicle crash injuries.” Thankfully, with technological advances, GPS...

As October rolls in, many eagerly anticipate the vibrant fall foliage and a deluge of pumpkin-spiced delights every year. However, another vital reason for this month’s anticipation is National Car Care Month. With winter approaching, it’s a great time to ensure your vehicle is winter proof. And with tools like CarRx by your side, preparing has never been easier. Let’s...

In an era marked by rapid technological advancement, the once-challenging task of managing remote dealership lots has undergone a digital transformation.  The Critical Role of Remote Lot Management  Every vehicle at a dealership represents an investment, a promise of future revenue. But when these vehicles are stored in remote lots, away from the primary premises, they can become vulnerable.   The...

The Dealership’s Road to Profits   Behind the polished showroom floors and the exhilaration of closing a deal lies an even more exciting journey – the road to sustained dealership profitability. It’s a path that separates the industry frontrunners from the rest, where data-driven decisions pave the way. Beyond the sale, Elo GPS and CarRx redefine how dealerships operate and thrive....

Imagine clocking out after a long day at work. You’re eager to put your feet up, spend quality time with family, or disappear into that new TV series. As you approach the parking spot where you left your car in the morning, a sinking realization hits you: your vehicle is gone—one of the over 1 million stolen vehicles this year. ...

The Ongoing Relationship: More Than Just a Sale and Service Retention  For dealerships, the end of a sale should never signify the end of a customer relationship. Closing a deal and watching customers drive off in their new car is just the beginning. Ensuring service retention requires proactive steps. How can you guarantee they keep returning, not just for another...

In the heart of every car buyer’s decision-making process lies a simple yet significant question: “Will this purchase make me feel secure?”  While aesthetics, horsepower, fuel efficiency, an infotainment system, and quality materials play a crucial role, the underlying theme of safety and security often drives the final choice. And for many, protecting their vehicle during this time of skyrocketing...

An Evening Dilemma   You’ve just wrapped up a delightful evening dinner in the city center. As night falls and the ambiance of streetlights and neon signs takes over, you walk towards a dimly lit alley where you parked your car earlier, your steps a little hesitant. A prickle of unease creeps up as you wonder, “Did I make the right...