Dealers watching inventory, adding staffJan. 23, 2017
Dealers, slightly cautious about 2017, are holding the line on facilities expansions or renovations. More plan to trim new-vehicle inventory in anticipation of flat to lower U.S. sales. But overall, dealers are almost evenly split on their inventory plans.
Suburban stores at greatest risk of consolidation?Jan. 23, 2017
NADA consultant Glenn Mercer says suburban dealers are most likely to sell out in the next wave of store consolidation. Rural stores have lower volume, but also are less subject to price competition. And suburban real estate is worth more, so the suburban dealer has exit options.
2017 NADA convention events calendarJan. 23, 2017
Exec: Alliance could benefit from Mitsubishi dealersJan. 23, 2017
Mitsubishi Motors' alliance with Nissan Motor has sparked speculation about sharing parts, vehicles or production capacity. But Mitsubishi's No. 2 executive in North America says it also could benefit Mitsubishi dealers.
Dealertrack aims to introduce 'seamless, easy' F&I platformJan. 23, 2017
Dealertrack's next-generation F&I system is a simpler, more deal-centric approach to working with Dealertrack's tools, such as credit applications, bureau reports, compliance tools, desking solutions and F&I product menus. That should allow dealerships to do everything in one place instead of opening multiple programs.
Autonomous cars could mean new role for dealersJan. 23, 2017
The advent of autonomous cars and ride-sharing mobility services could mean massive changes for dealers. No one knows exactly what those changes will be, but industry officials are confident that the dealer body won't go extinct.
Employee turnover costs dealers billionsJan. 23, 2017
FIRST OF A FOUR-PART SERIES: When look-alike stores sell the same vehicles at roughly the same prices, only the people distinguish one dealership from another. Yet very few dealers are good at hiring and retaining employees. It's costing the industry billions of dollars a year.