Articles about the broad scope of the automotive industry, dealers, and innovative ways of doing business.
TL:DR — A high-ranking S. Korean-based auto park maker is pulling a divide and conquer, while SK Group, the 2nd largest individually controlled S. Korean conglomerate, invests in safe chargers for apartment buildings. Each move feels like an investment in being key players in the global shift toward electrification.
August 19, 2022
It is difficult to look at this and not imagine what we would do if we lost 90% of our income, but this is profits. The company paid everybody and all its bills and still has almost $200m for growth. It may embarrass Target, but it won’t hurt Target. Mixing the two up leads to bad choices.
August 19, 2022
Cox Automotive and John Ellis: 1, Doomsayers: 0.
August 17, 2022
What next? Moon robots playing whack-a-mole with SpaceX rockets?
August 11, 2022
Throwback — A few weeks ago, David Long and the All Things Used Cars folks talked about the impact of markups on loyalty. While no specific +/- impact was agreed on, they agreed on the importance of transparency, communication, and staying competitive in the local market.
August 10, 2022
So, in short, the secret sauce for turning insights into actions starts with high-quality insights becoming realistic goals that produce measurable steps with a willingness to fail fast so you can fail forward. With this fresh guidance, ASOTU has work to do, and we know you do too.
August 8, 2022
Yes, franchise protections exist in the US, but bigger things have been changed when you throw enough money at lobbyists. We are not preaching fire and brimstone, but we ARE suggesting you double-check where your brimstone-proof shoes are, just in case.
August 8, 2022
This is (dissapointing) (disapoinging), (dasippointing), a letdown.
August 1, 2022
Sure! Every customer is different, but when enough people repeat the same desires, it makes sense to include it in your core practices. Have a good website, find and eliminate time wasters, be a human talking to a human, and invest in a long and happy relationship between customer, car, and dealership.
July 28, 2022
TL;DR — VW is changing bosses, but (probably) not directions, GM wants everybody to remember the last 5 years was just practice and NOW they are going to take down Tesla, and Hyundai says avoiding car fires was always part of their plan, but now it is even MORE part of their plan.
July 26, 2022
3D printing parts at the OEM level is already a realized option. Some companies are already using 3D printing but mostly in prototypes and special models. Like every proposed solution for an issue people currently face, it will take time, but that period has started.
July 19, 2022
Steve and David shifted through facets of the opportunity-covered road ahead, once again urging awareness. Staying informed on what is happening, what may happen later, and how plans have changed will equip dealers to find the part of the roof that still needs to be fixed. Caution is an insufficient word in a landscape so rich with opportunities.
July 18, 2022
Manheim needs a stamp that says “down, but still up.”
July 14, 2022
At a domestic level, economies are like gardens, they sustain the people who sustain them. At a global level it’s county fair rules and only one prize pumpkin is taking home the blue ribbon. Is China getting a big head start if the US doesn’t extend similar incentives?
July 8, 2022