Is Your Service Department Versed in Electric Vehicle Maintenance?August 9, 2022 / BlogElectric vehicle sales have exploded on a year-by-year basis over the past half decade, and for good reason. Not only do electric vehicles save drivers thousands of dollars each year on gas costs—they also help owners save big on service and maintenance expenses. Electric vehicle powertrains have much fewer parts than their internal combustion counterparts. For example, electric vehicles do...Read Moreelectric vehicle (11)elogps (24)dealership (21)maintenance alerts (19)carrx (27)
How to Combat the Vehicle Inventory ShortageJune 1, 2022 / BlogWhether 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...Read Moreautomotive marketing (9)dealership (21)car sales (24)carrx (27)auto dealer (35)
Take Advantage of the Used Car Market by Offering a Vehicle Recovery Device With ConnectivityFebruary 8, 2022 / BlogThese 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...Read Moredealership (21)dealer profits (21)car sales (24)carrx (27)connected car (27)auto dealer (35)
Digital Dealerships? What the Automotive Digital Transformation Means for Brick-And-Mortar ShopsJanuary 20, 2022 / BlogThe 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...Read Moredealership (21)dealer profits (21)car sales (24)customer loyalty (12)customer retention (23)auto dealer (35)
Customer Service in the Automotive Industry Is Changing: What to Do to Keep Your EdgeJanuary 3, 2022 / BlogMajor 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...Read Moreautomotive marketing (9)dealership (21)car sales (24)dealer service (13)customer loyalty (12)customer retention (23)auto dealer (35)
Automotive Industry Outlook: The Biggest Challenges Dealerships Will Face in 2022December 1, 2021 / BlogDealerships are ramping up production, increasing vehicle sales, investing in electric vehicle production sites, and gearing up for the next phase of the auto industry. However, while dealerships are peeling out of the economic decline and heading down a new path of growth, they may not be in the clear just yet. Industry trends both new and old are reshaping...Read Moredealership (21)dealer profits (21)car sales (24)carrx (27)customer loyalty (12)customer retention (23)auto dealer (35)
Direct Automotive Marketing: A New Way to Drive Dealership RevenueSeptember 27, 2021 / BlogEach year, dealerships pour hundreds of thousands of dollars into automotive marketing strategies in the form of television advertisements, organic search marketing, banner ads, and more. The typical franchised dealership spends $554,292 on advertising each year, allocating over 90 percent of their budget to car sales, which are responsible for less than 52 percent of a dealership’s overall revenue. These...Read Moreautomotive marketing (9)dealership (21)dealer profits (21)car sales (24)carrx (27)dealer service (13)customer loyalty (12)customer retention (23)auto dealer (35)
How to Boost Your Dealership’s CSI ScoreJuly 27, 2021 / BlogThe Customer Satisfaction Index (CSI score) was initially implemented across services and operations as a method of measuring to what extent businesses were meeting customer needs. A car dealership or other business would close a deal and then issue a survey of calculated questions to assess customer satisfaction with the sales process, including customer service, knowledgeability, and closure. What began...Read Moreelogps (24)dealership (21)connected car (27)auto dealer (35)
A Car Service Maintenance App is Key to Protecting Your Lot During Extreme Summer HeatJuly 13, 2021 / BlogThe Pacific Northwest and Western Canada experienced record-breaking heat waves in June, and they’re only going to continue as August approaches. Oregon reached an all-time high of 116 degrees Fahrenheit. Seattle also reported an all-time high of 108 degrees. This record breaking heat is especially problematic for car dealerships who invest in lots with over 1200 vehicles, all of which...Read Moredealership (21)maintenance alerts (19)inventory management (22)auto dealer (35)
California Electric Vehicle Market: How Dealers Can Prepare for the 2035 Executive OrderJune 22, 2021 / BlogIn Fall 2020, California Governor Gavin Newsom signed an executive order phasing out gasoline-powered vehicles in support of the state’s mission towards reducing harmful greenhouse gases caused by transportation. As part of the order, new car dealerships will be required to exclusively sell zero-emission vehicles by the year 2035. As a result, the state’s electric vehicle market is expected to...Read Moreev (3)electric vehicle (11)battery (6)zero-emission (1)dealership (21)dealer profits (21)connected car (27)