Dealers Coping With Tariff Shift. Tariffs are expected to be implemented shortly on imported vehicles. This is causing a significant effect on vehicle sales and prices. Here is some information that has been shared with DealerXT. As of last weekend (March 29-30, 2025), sales of vehicles at new car dealerships have skyrocketed because customers expect […]
Solving Staffing Challenges in the Automotive Industry Remote Dealer Staffing Success. Finding and retaining committed, skilled staff is a significant challenge for many car dealerships. High turnover, frequent absenteeism, and poor customer service can directly impact a dealership’s performance and profitability. Fortunately, innovative hiring solutions, like Remote Dealer Staffing, are helping dealerships overcome these
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Master productivity with proven techniques to stay focused, eliminate distractions, and enhance efficiency in your workday. Boost Your Focus at Work: 8 Proven Strategies Improve Focus at Work. Staying focused at work isn’t always easy. These eight proven strategies will help you boost productivity and get more done in less time. Pomodoro Technique Break
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Master essential soft skills to thrive in a remote work environment. The Evolving Role of Soft Skills Build Remote Career Skills. Soft skills have evolved alongside hard skills, despite technology’s emphasis on technical abilities. While hard skills change with digital transformation, soft skills like teamwork, problem-solving, and emotional intelligence are now crucial in today’s
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Expanding Insights into Automotive Remarketing with New Online Auction Platform J.D. Power has expanded its footprint in automotive remarketing with the acquisition of Superior Integrated Auctions (SIA). The acquisition merges SIA’s online auction platform with J.D. Power’s vehicle inventory, valuation data, predictive analytics, and digital marketing tools. This collaboration aims to streamline the management
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Understanding the Remaining Obstacles in EV Sales EV Retailing Challenges for Dealers Challenges in Retailing EVs. Retailing used electric vehicles (EVs) should be straightforward for dealerships, especially with recent data from iSeeCars revealing a 15.1% drop in used EV prices over the past year. This trend could make these vehicles more attractive in dealer
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Analyzing Trends in February’s Used-Car Retail Market Price Changes in February February Used-Car Price Trends. Last month saw some year-over-year declines in retail used-car prices, according to the latest CARFAX Used Car Index report, which highlighted price drops in six of the segments analyzed. Mixed Bag of Results Compared to January, the market showed
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A closer look at the Consumer Financial Protection Bureau’s latest enforcement action. Federal Agencies Intensify Scrutiny on the Auto Industry USASF CFPB Fine 2025. The Consumer Financial Protection Bureau (CFPB) concluded its case against USASF, an auto-loan servicer, with a significant ruling in the U.S. District Court for the Northern District of Georgia. The
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Examining the factors behind the latest sales decline and what it means for the company’s future. Overall Sales Decline in 2024 FCA Drop in Sales. FCA US (Fiat Chrysler Automobiles) reported sales of 320,743 vehicles in the fourth quarter and 1,303,570 vehicles for the full 2024 calendar year. Overall, total U.S. sales declined 7% in
Exploring the challenges and opportunities shaping success in the year ahead. A Challenging Year for Retail and BHPH Dealers 2025 Thrive or Survive. If 2024 is any indication, 2025 will be another year of navigating challenges for independent used vehicle dealers. While opportunities exist to thrive, survival mode may dominate for most industries. Lessons
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