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3 Reasons to Prepare for Out-of-State Reg & Title Processing

by Dealertrack on July 23, 2019

Unless your dealership is on a state line, you can probably remember a time when out-of-state deals were few and far between. The internet has changed all that. Now, your next customer might be walking in the door after a cross-country road trip or a one-way flight. Anything that makes sales increase is great, but is your back office prepared to...

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Drive to Success: Diversity is the Key to Driving Dealership Success

by Lindsay Lauck on July 22, 2019

Reaching more customers, finding top talent, and building better culture all have a central, key ingredient: diversity. That’s because creating a diverse and inclusive environment where everyone has the opportunity to succeed in the auto retail industry benefits us all. But, doing so has to be an active, intentional effort. The a...

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Industry News Roundup: 7/19/19

by Dealertrack on July 19, 2019

This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Calif. data law could send dealers scrambling – Automotive News New compli...

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Why Now Is the Time to Clean Out Your DMS

by Susan Moll on July 17, 2019

  Just because spring is almost over doesn’t mean you’re in the clear when it comes to cleaning. Tidying up the house or clearing out the garage is on very few people’s lists of fun things to do. That’s why they’re often pushed to the back-burner, or never completed. But, remind yourself how good it feels when you finally unpack,...

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Drive to Success: Managing the Human-side of Change

by Lindsay Lauck on July 15, 2019

Change is coming. Don’t Panic! No, really. When employees hear about change—organizational, strategic, or even technology-driven—the basic uncertainties that accompany change can cause real fear and anxiety. As a General Manager or Dealer Principal Owner of an auto dealership, your role isn’t simply to manage the transition of said change....

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Industry News Roundup: 7/12/19

by Dealertrack on July 12, 2019

This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Customer Trends: 5 Takeaways from the 2019 Cox Automotive Car...

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New Technology, New Opportunity Webinar: Top Reasons To Join

by Lindsay Lauck on July 10, 2019

Thinking of making a change to your automotive dealership’s technology stack? You’re well aware that shifting gears and integrating new technology can cause fear and panic among even your most stoic staff members. But, with technology driving so many new innovations in the market, and today’s changing consumer, you can’t sit on the fence fo...

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How Lenders Can Get the Lion’s Share of their Dealers’ Loans

by Dealertrack on July 9, 2019

What’s the number one way for a lender to add value for their dealer partners? Faster funding. In today’s automotive marketplace where profit margins are crunched and sales have plateaued, auto dealers are looking for ways to free up cash flow and preserve their bottom line. Naturally, they prefer to work with lender partners who can be part...

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Drive to Success: Margin Compression Continues to Stress Auto Dealers

by Lindsay Lauck on July 8, 2019

Automotive dealerships continue to battle for profits every day. With changing consumer buying habits, more options for buying and using cars, and a highly competitive market, dealers are still struggling with shrinking margins. Can dealers working in an industry that continues to become more and more complex find a simple solution? Or, will it tak...

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Drive to Success: Dreaming of Big Data in the Auto Industry

by Lindsay Lauck on July 1, 2019

The automotive business changes fast, and technology even faster. But leaving it all up to chance is just risky. With technology integrating into every step of the buying and selling process, and with more ways to measure the habits of today’s consumers, Big Data should be the driving force behind your next move. Here’s a look at how data-drive...

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Industry News Roundup: 6/28/19

by Dealertrack on June 28, 2019

This weekly Dealertrack blog feature is designed to keep you up to date on industry news and trends that affect our customers. Disruption is speed bump for auto sales – Credit Union National Association...

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