Connected dealership software for faster deals | Dealertrack

Margin compression is an ongoing problem in the auto retail industry. But at least it’s somewhat predictable. Margin compression almost always accompanies economic slowdown—when economic times get tough, profit margins usually start to slim. You might...

In this news roundup from Dealertrack, we examine how dealerships are adapting their fraud detection practices for digital sales, explore the risks to dealerships and customers from DMV backlogs caused by COVID-19 shutdowns, and look at ways in which...

2020 may be the year that no one saw coming. But, as our industry forges ahead through the gauntlet of challenges thrown at us moment by moment, rest assured we’re getting better at what we do.
I recently had the opportunity to join my peers at Elevate, Hireology’s virtual, human capital-focused event for a panel discussion on digital transformation in retail automotive and its impact on both the customer experience and people management. COVID...

The lasting impact of global events on the economy is yet to be determined, but dealerships are already feeling the pinch of margin compression. Even as customers continue to buy cars, margin compression and related economic factors create the illusion...