Elo GPS

car sales

Featured image for “Biggest Auto Trends of 2022 So Far”

Biggest Auto Trends of 2022 So Far

August 16, 2022
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The automotive industry is one that is constantly changing and evolving each year, and 2022 is proving to be no exception. Every day we are hearing about new technology, features, or automotive brands hitting the market. Now more than ever, the automotive industry is evolving rapidly, and auto trends must be identified for companies to survive and thrive. In this...
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Featured image for “How Does a Car Trade-in Work? Everything You Need to Know About Trading in Your Old Vehicle”

How Does a Car Trade-in Work? Everything You Need to Know About Trading in Your Old Vehicle

August 2, 2022
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The auto industry is no longer as stable as it was a few years ago. Due to new car supply shortages, the demand for used vehicles has skyrocketed. Used vehicles have never had more value and now might be the perfect time to consider selling. We’ll take you through the benefits of dealership car trade-ins and the disadvantages of selling...
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Featured image for “4 Benefits of Implementing a Direct to Consumer Marketing Strategy”

4 Benefits of Implementing a Direct to Consumer Marketing Strategy

June 14, 2022
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Direct to consumer marketing is completely revolutionizing the way we buy products and services. Instead of relying on crowded retailer environments and expensive advertisements to sell a product, brands are leveraging the vast digital landscape to reach customers.  This marketing tactic isn’t just for selling subscription boxes and packaged mattresses—auto dealers can utilize direct to consumer (DTC) marketing to connect...
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Featured image for “How to Combat the Vehicle Inventory Shortage”

How to Combat the Vehicle Inventory Shortage

June 1, 2022
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Whether you own a car dealership or simply own a car, you’re probably familiar with the semiconductor chip shortage that has been plaguing the automotive industry for the last couple of years. The chip shortage has had detrimental effects on the production of new cars in the US and experts don’t expect a full pre-pandemic recovery until 2023.  The federal...
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Featured image for “Introducing Elo+: Added Protection For Dealers And Drivers”

Introducing Elo+: Added Protection For Dealers And Drivers

March 17, 2022
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From inventory shortages to low showroom foot traffic to the rapid digitalization of car sales, these are unpredictable times for auto dealerships.   Dealers need powerful connected car technologies to provide a constant connection with their drivers, supported by cutting-edge lot protection products and services to maintain and grow revenue. Going beyond inventory lot management, stolen vehicle recovery, maintenance alerts and...
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Featured image for “The Market is Electric: What Dealers Can Do to Capitalize on Explosive Electric Car Growth”

The Market is Electric: What Dealers Can Do to Capitalize on Explosive Electric Car Growth

March 8, 2022
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Electric car market growth has been on the rise over the course of the last decade. Recent reports anticipate that the sale of electric vehicles (EVs) will dramatically accelerate in 2022, increasing about 75%. Some are even referring to this sudden rise as the EV Boom.  Consumers need dealers now more than ever. Recent reports found that nearly half of...
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Featured image for “Take Advantage of the Used Car Market by Offering a Vehicle Recovery Device With Connectivity”

Take Advantage of the Used Car Market by Offering a Vehicle Recovery Device With Connectivity

February 8, 2022
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These are interesting times for auto dealers. With the vehicle chip shortage still taking its toll on new car inventory around the world, the market for used cars has exploded. Used car dealerships have been enjoying the consistent business and many new car dealerships have started showing pre-owned vehicles in an attempt to keep lots full and customers coming through...
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Featured image for “Digital Dealerships? What the Automotive Digital Transformation Means for Brick-And-Mortar Shops”

Digital Dealerships? What the Automotive Digital Transformation Means for Brick-And-Mortar Shops

January 20, 2022
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The automotive industry has recently experienced powerful changes brought on by the digital revolution, shifting customer preferences, and a global pandemic. Established digital car sales platforms have seen huge growth over the last couple of years, and traditional franchises are racing to move their services online. Industry giants General Motors broke into the ecommerce space with the release of their...
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Featured image for “Customer Service in the Automotive Industry Is Changing: What to Do to Keep Your Edge”

Customer Service in the Automotive Industry Is Changing: What to Do to Keep Your Edge

January 3, 2022
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Major changes are transforming the industry. Technological innovation, shifting consumer preferences, and other socioeconomic factors are rapidly transforming the way dealers approach customer service in the automotive industry.   Changes can be felt throughout every sector—from manufacturing and assembly to sales and service. Customers are demanding connected, intelligent cars to fit their different mobility needs. Perhaps unsurprisingly, customer experiences in the...
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Featured image for “How To Sell More Cars by Warming Up Your Winter Sales Strategy”

How To Sell More Cars by Warming Up Your Winter Sales Strategy

December 14, 2021
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It’s the holiday season. Every dealership large and small is running promotions and ushering gigantic Christmas presents off the lot with big red ribbons. Customers are full of cheer and business is better than ever.  When the new year rolls around the corner and sales teams begin popping champagne to celebrate the end of yet another chaotic sales season, February...
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