Auto News
Predian Integrates Wholesale, Auction Pricing
Product designed to help dealers understand historical retail pricing of a vehicle and forecasted values over the 90 days. Predian, a provider of artificial intelligence-driven inventory management solutions, integrated wholesale and retail data into its ValueVision solution. Now dealers can make strategic pricing decisions and maximize profitability with confidence, knowing they have the most accurate…
Women in Automotive Nomination Period Extended
Please consider nominating a woman you look up to as setting the standard for industry professionals while also serving as a role model for female cohorts. Bobit Dealer Group has extended the nomination period for its 2024 Women in Automotive honoree program, the first of an annual series. CLICK HERE TO NOMINATE A STANDOUT WOMAN…
Tesla Recall Over Autopilot Probed
NHTSA says post-recall accidents and some agency testing prompted concerns, along with Tesla saying that part of the recall remedy requires driver opt-in and allows for the driver to reverse the remedy. Pexels/Craig Adderley Federal automotive safety regulators opened an investigation into a Tesla recall of all models equipped with the Autopilot driver-assistance system to…
State of the CARS Rule
The FTC voluntarily stayed enforcement of the rule, which is now both the law of the land and one that is not being enforced. Pexels/Pixabay When I think about the Federal Trade Commission’s CARS Rule in its present state, I am reminded of that classic Louis Jordan song, “Is You Is or Is You Ain’t…
How to Sell in a Digitally Altered Reality
Always focus on the automotive customer’s feelings, Gould says. Pexels/Pixabay Gerry Gould must have known that one point of his Industry Summit talk on “getting back to the basics” would sound almost sacrilegious to a roomful of automotive agents, providers and dealers. But he knows people look to him for reality. “Eventually, it will move…
Freeway Speeding Can Endanger Communities
AAA found speed-related crashes rose on many of the roads in close proximity to interstates with recent speed-limit increases. Pexels/Craig Adderley New research indicates increasing highway speed limits can mean a jump in accidents on nearby roads. AAA examined crash statistics on roads within a one-mile radius before and after speed-limit increases on interstate highways…
Small SUVs Not the Best on Some Crash Avoidance
The Subaru Forester is the only small SUV to so far receive a good rating in the updated crash test. A newly updated crash test shows many small sports-utility vehicles fail to perform well in what the tester considers some of the most dangerous accidents. The revised front crash-prevention test evaluates accidents that result in…
Shifting to a First-Party Data Strategy
‘When dealers can clean and take action on their first-party data, it offers limitless marketing opportunities.’ Pexels/veeterzy The conversation around first-party data versus third-party data has been active for the past few years. However, a large percentage of the automotive retail world is still trying to understand why third-party data is less viable, how to…
The Federales Are Back in the Rebate Game
EV tax credits ‘kinda sound like the Federales launch of the Affordable Care Act.’ IMAGE: Pexels/RDNE Stock Project Cash for Clunkers This program, formally called the Car Allowance Rebate System, or CARS, was introduced in 2009. It was touted as an economic stimulus package during the Great Recession, with a secondary motive to reduce carbon…
New Benchmark Data Suite Debuts
Software suite includes a dashboard that offers analysis and reporting across key dealership areas. Benchmark Automotive Data Benchmark Automotive Data, an automotive suite for actionable decision-making across the dealership, launched Benchmark Data Suite, its platform designed to track and manage important data in one location for better decision-making and profitability. The software suite includes a…