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Dealerships are facing a multitude of challenges, from fluctuating interest rates to soaring flooring costs. The need to expand inventory without inflating costs has become more critical than ever. Fortunately, there's a game-changing strategy that savvy dealerships...
Knowing where you stand in your market can be the key to success. While monitoring market day supply is crucial, it's only part of the equation. To truly excel in this fierce industry, you need to know exactly where your dealership is positioned within your market....
Staying ahead of the competition means embracing innovation and efficiency at every level. One critical aspect that often gets overlooked is the reconditioning process for used vehicles. This behind-the-scenes operation can make or break a dealership's success,...
Dealerslink, a leading innovator in automotive software, announced the launch of ReconCloud, an app that empowers dealers to efficiently manage used vehicle reconditioning. It enables dealers to track vehicle status, location and time to front line, with a...
We've got some exciting news to share as we prepare for the 2023 NAMAD Conference. Dealerslink, the nation's fastest-growing new and pre-owned inventory management solution, and the largest online member-only vehicle marketplace, is gearing up to make a big splash at...
One key factor that sets successful dealerships apart is their ability to be proactive rather than reactive in their operations. Staying competitive and profitable is a constant challenge, we'll explore the importance of being proactive as a car dealer. ...
Staying ahead of the game is crucial for success in the competitive world of automotive dealerships. Embracing modern technology can make all the difference, and for Brendon GSM at I20 Chrysler Jeep Dodge Ram, that difference came in the form of Dealerslink. Meet...
For dealerships, rising interest rates pose a growing challenge, directly impacting the feasibility of their floor plan expenses. This financial crunch requires swift action and creative solutions to maintain profitability. Dealership Floor Plan and Interest Rate...
Dealerships constantly navigate through shifting market trends and consumer demands. One such trend that has emerged strongly recently is the surge in new inventory levels and the subsequent rise in rebates and incentives. While these incentives can attract customers...
Recently, the automotive industry has been facing a formidable challenge as the number of rejected credit applications for auto loans reaches its highest level in five years. A Federal Reserve study reveals that the rejection rate for loan applications, including auto...