Retail

COMMENTARY: Is it time for madness — or luck?

For many folks, March is the NCAA Tournament/“March Madness” month while for others, it’s the month of St Patrick’s Day and the ever-elusive “Luck of the Irish.” If you look at the car business today, it has hints of madness. ... [Read More]

Wholesale

Has the spring market already peaked?

The vernal equinox arrived on Thursday, but Cox Automotive suspects that the peak of the spring market might have arrived by the middle of March. Analysts reported that wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped ... [Read More]

Technology

CarNow launches AI-assisted lead engagement tools

Digital retailing company CarNow has launched ReConnect and +AI, two new products for its Dealer Retail Platform designed to use artificial intelligence to enhance customer interactions and streamline lead follow-up. “In today’s market, consumers are accustomed to automated texts and ... [Read More]

Financial

J.P. Morgan powers Danish firm’s move into U.S. to boost EV charging payments

A Danish company is bringing its payment technology for electric vehicle charging to America, with help from J.P. Morgan. The financial services firm said Monta an EV charging platform based in Denmark, is expanding to the U.S., aiming to strengthen ... [Read More]

Analysis

Report: Almost half of dealership website sales leads are mishandled

When a sales lead comes to a dealership, what happens? According to the latest study from sales intelligence software provider Foureyes, almost half the time it’s mishandled. The company’s seventh annual Automotive Dealer Industry Benchmarks Report found 43.2% of sales ... [Read More]

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