Elo GPS

Featured image for “Hiring for Auto Dealerships May Soon Be Getting Better”

Hiring for Auto Dealerships May Soon Be Getting Better

November 1, 2022
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For dealerships, 2022 has been more profitable than previous years. Inventory is growing and, according to a Cox Automotive study from 2021, the majority of car dealers aim to expand their headcount. As CBT news noted in an interview with Angela Drake, “this means that competition for new job candidates is extremely high.” And with 36 percent of the people...
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The Scariest Thing This Halloween Is Your Car Being Stolen

October 25, 2022
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It’s that time again when ghosts, goblins, and witches come out to play. But, while most people are focusing on what costumes they will wear or what tricks they will play on their friends, the scariest part about Halloween is the thought of your car being stolen.  Unfortunately, vehicle theft is a common occurrence on Halloween. Criminals know that there will...
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Featured image for “California’s New Legislation to Prevent Catalytic Converter Theft: What You Need to Know   ”

California’s New Legislation to Prevent Catalytic Converter Theft: What You Need to Know   

October 11, 2022
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Governor Gavin Newsom just signed a new piece of legislation to help prevent catalytic converter theft in California. This is intended to help deter criminals, as catalytic converter theft has been rising sharply in recent years. Why? Catalytic converters contain numerous rare earth metals, such as platinum, palladium, or rhodium, and thieves can sell them for a high price. Priced...
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Top Benefits of Lot Management Software for the Next Quarter

October 4, 2022
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Cox Automotive surveyed over 1000 US dealerships last month and saw many dealerships express concern over inflation, dealer inventories, and rising costs. In addition, the “Dealer Sentiment Index” showed that dealers have a negative outlook regarding the challenges ahead for the quarter and beyond.  Cox Automotive Chief Economist Jonathan Smoke said, “unique market conditions are causing worry among car dealerships...
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What is the Kia TikTok Challenge And Is Your Car Safe?

September 27, 2022
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The Kia Boyz TikTok Challenge is a recent social media trend that has caught law enforcement officials’ attention across the United States. This challenge, which consists of using a USB cable and a phone to hot-wire and steal a Kia or Hyundai car and posting a video of the joyride hoping for viral attention, is growing in popularity. So, as you...
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Featured image for “Looking Forward—Lot Management for the Modern Dealership”

Looking Forward—Lot Management for the Modern Dealership

September 20, 2022
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The US auto industry suffered severe losses during the recent pandemic. Only now are dealerships slowly returning to production and car sales. However, as businesses start to rebuild, many dealerships now face ripple effects from COVID-19 restrictions. The pandemic revealed how unprepared dealers were for business stalling for long periods. As a result, dealership lot management has become increasingly complex....
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Tips for Making Your Auto More Fuel Efficient

September 13, 2022
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With gas prices currently at all-time highs, gas consumption is a primary concern among drivers. The average household annual transportation costs are nearly as much as what’s spent on rent or mortgage payments. Let’s go over several efficient auto driving habits and maintenance tips that can increase your vehicle’s gas mileage and help save you money. Driving Habits One of...
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Why You Should Invest in Upskilling Your Automotive Service Tech Team

September 6, 2022
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If your dealership is suffering from a lack of automotive service tech support, you aren’t alone. Two years of the pandemic, global chip supply shortages, increasing demands for Electric Vehicle (EV) solutions, and the great resignation have changed the auto industry in unpredictable ways. Despite these compounding problems facing the automotive industry, dealers are now in a unique position. Technological...
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Featured image for “What is an Auto Dealer Buy-Back Program And is it Right for You?”

What is an Auto Dealer Buy-Back Program And is it Right for You?

August 31, 2022
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A dealer buy-back program is becoming a popular option amongst both dealerships and consumers. Convenience, peace of mind, and cost-effectiveness are some of the key benefits this type of program provides consumers. Let’s discuss what a buy-back program is and if it’s the best option for you.  What Is A Dealer Buy-Back Program? An automotive buy-back program is a relatively...
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