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...
The recent decision of the United Kingdom to abandon the European Union, makes analysts forecast that automakers' profits will drop by billions of dollars and new-vehicle sales will be cut by nearly a million units over the next three years.After the results of the historic vote were announced the shares of suppliers and dealership groups with significant exposure to the U.K., as well as Fiat Chrysler Automobiles became particularly vulnerable. The U.K. auto market has surged in recent years to hit a record high of 2.6 million cars in 2015. Ninety percent of those vehic...
If we go back to 2012 than we must remember about Dietmar Exler, the president and CEO of Mercedes-Benz USA spent a week in Louisiana, at Mercedes-Benz of Baton Rouge, he must have realized many things out there because he now certainly has serious plans about the company. Now he wants all top managers, on whom as he says depends the success of the brand in U.S. to experience the life in a dealership. Starting with this summer 35 senior managers will spend five-days stints in a dealership across the country. The president is convinced that by immersing themselves in the daily work at a de...
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...
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...
