Auto News
Help Them Avoid Being ‘If-Onlys’
The NHTSA estimates seat belt use saved the lives of nearly 15,000 passenger car occupants in 2017 alone.Pexels/freestocks.org When I was a daily newspaper reporter, I and my colleagues would take turns working the weekend “cops” shifts, meaning we’d have to pull a Saturday or Sunday writing news items about various mayhem.When warm weather broke,…
Report: EV Stations Should Support Multiple Standards
The Toyota bZ4X supports both level one and level two charging. Electric-vehicle charging stations with more than one voltage option are key to mass adoption, a new report contends. What it terms “dual-voltage” capability has attracted a mass of more than 30,000 patent applications, says researcher GlobalData. The data analysis provider says that the technology,…
Navigating the Upside-Down
Payment plans for vehicle protection are becoming increasingly important. Pexels/Karolina Grabowska In today’s automotive market, consumers are facing a unique challenge: Many find themselves upside down on their vehicle loans, owing more than their cars are worth. This phenomenon, coupled with the trend of consumers keeping vehicles for longer periods, has created a pressing need…
One Pay Lease
Wouldn’t it make sense to allow the manufacturer to take on all the risks and give the customer the ownership experience they were hoping for? Pexels/John Guccione We’ve all heard it – “cash is king.” But is there an alternative? Does your day sound like this?: First deal of the day – cash deal …
F&I Conviction
Strategic preparation for F&I sales is part of the formula of success. Pexels/Pixabay There are three levels of belief in what we provide for clients in the F&I process: Everyone has an opinion; many believe in a set of purposes for their efforts; and then there is F&I Conviction. A simple definition of conviction is…
SUVs Pass Crash Tests With Flying Colors
The NX received an “acceptable” rating because of increased risk of abdominal injury in the rear seats but otherwise performed well to gain the top award. A trio of midsize SUVs from three different makers passed crash tests to earn a top safety award. The 2025 BMW X5 and 2024 Lexus NX and Volvo XC90…
Leasing Normalizes, Partly Due to EV Transactions
Federal tax credits are available for EV leases, a factor in that slice of the growing lease pie. Pexels/Atilla Darvas Auto leasing is making a comeback after falling sharply during the Covid era, according to a new report, thereby providing more used vehicles down the line to help meet growing demand by cost-crunched consumers. The…
Mastering the Mindset: Leveraging Psychological Insights for Enhanced F&I Product Sales
The intersection of customer needs and dealership objectives in the F&I domain presents a unique set of challenges and opportunities. Understanding the psychological factors that drive customer decisions in purchasing F&I products is essential for tailoring effective product presentations. This white paper aims to explore: The psychological underpinnings that influence customer purchasing decisions. Insights and…
Florida VinFast Store Opens
VinFast started adding dealerships last fall after starting with a direct-to-consumer model. Vietnamese automaker VinFast now has a dealer in Florida in what’s a growing number of U.S. stores for the brand. Auto group Holman opened the South Florida dealership in Fort Lauderdale. VinFast signed agreements this past spring with a dozen new U.S. dealers,…
Dealer Data Doldrums Revealed
The study found that 83% of dealers regularly get customer data but less than a third are satisfied with the results. Pexels/JESHOOTS.com Auto dealers, like most businesses today, have access to a lot of data, but many find it challenging to put it to practical use, according to a new Cox Automotive study, which found…