dealer

Experts now predict that microchip supply issues will likely continue into 2024, which is no surprise here. When the microchip industry forecasted that microchip availability would be normalized by the end of 2022, we laughed. Impossible.

It’s time to start thinking about the future of your dealership’s vehicle charging needs.

The way consumers shop has drastically changed over the past few years, especially through the pandemic. But what happens when rapid change becomes a potential burden? Dealers are pondering the future of OEM direct sales and what it means for their profits and their businesses.  

We now live in a world where up is down, and down is up. Dealerships have overcome some crazy obstacles over the past two years - Covid restrictions, low consumer confidence, chip shortages, inventory shortages, staffing shortages, and so much more.

Would you ever go to the bank, withdraw 30% of your balance, and then put it on your back seat with all the windows down? Picture this - driving down the highway with money just flying out the windows. It’s gone forever.

Several foreign (say, Alien

Factory-direct sales may seem like a good shortcut for consumers but, in fact, they only benefit automakers. It is a strategy being used to hurt dealers in the long run and an attempt to wipe them out. Some even predicted dealerships would not exist by 2025… sounds crazy right? 

As Covid-19 pushes the auto industry and the world forward digitally, video is becoming more and more important. Consumers still want to feel connected to retailers and the products, in our case cars, they’re buying. But, they want to do it from a safe distance.

While we all look forward to retirement (or at least most of us), we don’t like to think about leaving our businesses. Dealer owners invest a lot of time, money, sweat and sometimes tears into their dealerships. Letting that go is hard, but if you have a legacy plan in place, then it will make it easier.

2020 has taken us by storm, and things continue to pick up speed for the automotive industry. Some dealers experienced inventory being stolen during the midst of the Coronavirus chaos and shutdowns. Things have segued into a more unfortunate situation, following the death of George Floyd a few weeks ago. If things were not already crazy enough, more fuel has been added to the fire of unrest in our country.