Industry News

We hope you caught our recent segment on Ted Ing's Fixed Ops Roundtable! We will highlight some of the key takeaways from our conversation, and features of our platform GarageShare. With GarageShare, car dealerships can overcome various challenges and take their businesses to new heights of success.

As a dealership owner, you understand the importance of protecting your business and your customers. But how do you know if your customers' insurance policies are valid and up-to-date? That's where insurance verification comes in. In this blog post, we'll explore what insurance verification is, why it's essential for dealerships.

The automotive industry has been significantly impacted by Industry 4.0, characterized by the integration of advanced technologies like artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and big data analytics.

Car dealerships rely heavily on service lanes to generate leads for their sales teams, and the statistics show why. According to a recent study by Cox Automotive, customers who bring their cars in for service at a dealership are much more likely to buy their next vehicle from that same dealership.

Now more than ever, it is crucial for car dealerships to understand and employ effective sales strategies to stay competitive and drive revenue growth. In this article, we will delve into essential sales tips for car dealerships that can help them achieve success in their business.

Insurance verification is a crucial process for car dealership employees and owners. Uninsured and underinsured drivers, as well as insurance fraud, are significant issues that can impact your dealership's financial stability and reputation. By verifying insurance coverage before selling a vehicle, you can mitigate these risks and protect your dealership.

The dealer vantage point we provide allows auto dealers to see the big picture, to know what's happening in their market and how they can use that knowledge to generate more leads. When you're able to see everything from above, it becomes much easier to make decisions about where your business is headed.

The used car market has been in flux over the last few years. As demand and prices fall back to earth after the abnormal market of the last few years, dealers need to find ways to maximize their opportunities now more than ever.

According to Motor Trader, 74% of drivers worldwide say that their most recent car purchase is a used car. The number of used car sales in the US totaled almost $125 billion last year.