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Wards Auto: How dealers can win over Gen Z buyers
This year’s Urban Science/Harris Poll offers welcome news for dealers looking to boost profits, gain customers, and build loyalty. Data shows Generation Z consumers highly value dealerships, even more than just a year ago. -
A 12-Volt Thunderdome May Be Coming
In the spring, hot off the heels of the Auto Expo move-in and just after meeting with the fire department and Duke Energy Convention Center management to discuss how we would safely disable EVs for our event, the Wall Street Journal (WSJ) headline “Old battery woe plagues new EVs” caught our eye. The low-voltage battery has a long history in the automotive world. The electric starter... -
CBT News: Consumer demand shifts towards smaller vehicles due to affordability concerns
CBT Now delved into spring 2024 sales results and what they mean for the automotive industry’s trajectory in an interview with Cox Automotive Senior Economist, Charlie Chesbrough, who analyzes the factors driving vehicle sales and what lies ahead for automakers, dealers, and consumers amid economic turbulence, shifting consumer preferences, and the upcoming election year, factors driving vehicle sales and what lies ahead for automakers, dealers,... -
NADA: Important NEW FTC Safeguards Rule obligation - Dealers must report “Notification Events”
The FTC Safeguards Rule contains a new requirement that requires dealers to notify the FTC if certain security events that could affect consumer data occur in dealer systems or third-party systems containing dealer data. NADA has updated its Driven Guide, A Dealer Guide to the FTC Safeguards Rule (L43), to include details about the new requirements. -
OEM Incentive Programs Return
Despite initial skepticism, the OEM's new commitment to manufacturing discipline may need to catch up. One consequence of this is the reappearance of old incentive programs. A recent report by Automotive News revealed that Ford Motor Company has reintroduced stair-step incentives to help sell its 2023 F-150 inventory. Under these incentives, dealerships receive $750 per vehicle if they meet their sales target and $1,000... -
Fisher Phillips: Auto dealers - If you haven’t been filing EEO-1 reports, it’s time to rethink everything, and fast
If you’ve always thought your dealership couldn’t face any real trouble for not filing your EEO-1 reports, it’s time to think again. The feds just filed lawsuits against 15 employers across the country – including two dealerships – because they are alleged not to have filed the mandatory reports. This is the first time the EEOC has taken such a drastic step, and it...