Industry News

State of the industry news, tips and tricks for auto dealers, software product updates and tutorials

May 23, 2023
DealerVantage on Ted Ings' Fixed Ops Routable
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.
May 1, 2023
Insurance Verification: What it is and How to Implement it at your Dealerships
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.
March 21, 2023
Impact of Industry 4.0 on the Auto Industry: Benefits and Opportunities for Car 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.
March 14, 2023
Why Service Lanes Matter to Your Sales Team
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.
March 8, 2023
Back to Basics: Driving Modern Automotive Sales Success Through Timeless Techniques
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.
March 8, 2023
Why Insurance Verification Matters to Your Car Dealership
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.
January 2, 2023
What's in a name?
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.
January 31, 2023
Trends In Used Car Sales: A Retrospective on 2022, Looking Forward to 2023
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.
February 14, 2023
Used Car Market Outlook for 2023 and 2022 Reflections
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.