Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
After a survey a huge revelation was made, dealerships are vulnerable to cyberattacks which might bring to putting in danger the personal information of customers. The study shows that after such attacks the possibility of a buyer to come back again is close to minimum, also this lost data would prove an immediate business threat to dealerships. A firm from New York surveyed 2000 dealerships in five states, in order to show the importance of security. After the client realizes his data got compromised he would never buy something from here again, that's what 84% of the respondents ans...
Many of us think that there are way too many dealerships, with a bit too large collection of cars in their inventories. The question is how to persuade American buyers to change their buying habits and finally say yes to built to order cars. No matter how and what, you can't have everything at the same time and if people start approving the new idea, dealers and important brands will have to loose from it. There will always be buyers who don't want to wait and will take what's offered. There are many cases when the buyer has the chance to get a special car, with al...
It's time to forget about those high cost of meeting new fuel economy standards and massive investments needed for autonomous vehicles, the biggest problem in the profitability of the automakers might be the buyers and their impatience.Less than 5% of new vehicles in U.S. in 2015 were built to customer order, which is so much lower than in Europe were about 50% of the vehicles were produced on customer orders. Did you know that for U.S. dealers it means thousands of dollars in extra floorplan expenses while for automakers it's a huge advertising and incentive costs for each unsold vehi...
A suburban Phoenix Chevrolet dealership was fined $40,000 because federal regulators found out that it was selling recalled new vehicles without the proper repairs. After a two-year investigation, Sands Chevrolet of Surprise, Ariz., agreed to pay the civil penalty as part of a settlement with the National Highway Traffic Safety Administration.According to federal law it is forbidden to dealers to sell new vehicles subject to open recalls without fixing them first. The concerned dealership has changed its procedures to ensure that all vehicles are checked for open recal...
Single women are buying more SUV's, fueling a surge in demand that has 2016 on pace to top last year’s record 17.5 million light-vehicle sales in the U.S. Starting with 2010 to 2015, small SUV sales to women rose 34% compared with a 22% rise for men.. At the same time, premium small SUV's though smaller in raw numbers, saw 177% growth in sales to women. More than 40% among these female vehicle buyers aren't married. As a dealer or a carmaker you need to pay a lot of attention at professional females, who are single but need vehicles. They have their jobs, they make...
