DealerXT

Remote Colleagues Relationship Tips

Strengthen connections and build closer relationships with remote team members through effective communication and proven strategies.   Remote Colleagues Relationship Tips. “Mary looked at the small boxes on her screen, each containing a face of her remote colleagues during their weekly video call. Despite months of working together, she still felt a disconnect”. Building relationships […]

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KPIs for Remote Dealership Staff

Maximizing Remote Team Performance: The Importance of KPIs and Scorecards for Dealerships   KPIs for Remote Dealership Staff. In the environment of dealerships, particularly those with remote staff, roles and expectations can often become ambiguous. To combat this, establishing Key Performance Indicators (KPIs) is essential for clarity, accountability, and alignment with company goals. This is

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Fraud Losses Rising Report

Analyzing the Surge in Financial Losses Due to Fraud and Its Implications   Experian’s 2024 U.S. Identity and Fraud Report highlights the increasing threats of generative AI, deepfakes, and cybercrime. These emerging threats are intensifying pressures on businesses, including dealerships. The report provides valuable insights into these evolving fraud trends and shifting consumer expectations. Impact

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Auto Refinancing Future Expansion

Industry Leaders Project Positive Growth Trends Amidst Evolving Market Conditions   Auto Refinancing Future Expansion. As the Federal Reserve considers potential interest rate reductions this month, auto refinancing firms anticipate substantial growth. These forecasts could have notable impacts on dealerships and their operations. Implications for Dealerships Enhanced Consumer Savings With competitive refinancing options becoming more

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August 2024 Used Inventory Decline

Examining the Factors Behind the Decrease in Pre-Owned Vehicle Stock Last Month   CarGurus’ August 2024 U.S. Intelligence Report Highlights Inventory Shifts CarGurus has released its August 2024 U.S. Intelligence Report, revealing a continued drop in used vehicle inventory. The report indicates that used inventory levels fell by 2% year-over-year (YoY) in August, and are

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Mastering Remote Leadership Skills

Strategies to Enhance Team Performance and Engagement   Mastering Remote Leadership Skills. Remote leadership is about guiding your team effectively from a distance. It requires making use of communication, trust, and technology. Here are five key strategies to enhance your remote leadership skills: Set Clear Expectations Define Roles: Clearly outline each team member’s responsibilities. Communicate

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Latin America’s Remote Work Growth

Why Used Car Dealerships Should Embrace Remote Staff: A Latin American Opportunity   Latin America’s Remote Work Growth. The remote staff industry is booming, creating new opportunities for used car dealerships to enhance their operations. As the global workforce increasingly shifts to remote work, Latino American professionals are perfectly positioned to offer valuable support.  Why

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Boost Dealership Efficiency Growth

Discover the Key Advantages of SafeDealsAI and How It Can Revolutionize Your Dealership Operations   Boost Dealership Efficiency Growth. Dealers face numerous challenges, from ensuring legal compliance to building customer trust. SafeDealsAI offers advanced tools designed to address these challenges, providing dealerships with a significant competitive edge. This article explores how SafeDealsAI helps dealers avoid

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