Insights into Future Credit Challenges Economic Outlook Bank economists are forecasting a decline in credit conditions over the next six months, based on the American Bankers Association’s (ABA) Credit Conditions Index. This index compiles data from ABA’s Economic Advisory Committee (EAC), a group of leading economists from North America’s largest banks. Understanding the Index The …
Modernizing Car Buying for the Tech-Savvy Consumer Technology’s Impact on Car Buying As technology continues to modify industries and redefine conventions, it becomes imperative to assess the automotive scenarie’s current position and its future trajectory. A recent study by Cox Automotive delivers a striking revelation: 8% of contemporary car buyers express their preference for …
Renovating the Vehicle Purchase Experience in the Digital Age Read More »
Understanding the Stages and Significance of Refining Crude Oil Oils, petroleum products, chemicals, biofuels, and gasses play essential roles in our daily lives worldwide. Many of these essential substances originate from the complex process of refining petroleum. Petroleum refining, also known as oil refining, is a sophisticated procedure designed to separate various hydrocarbon fractions …
DealerXT’s Success at the 2023 Digital Dealer Conference & Expo in Las Vegas Revealing State-of-the-art Products and Revolutionary Collaborations We are thrilled to recount our exceptional journey at the 2023 Digital Dealer Conference & Expo in Las Vegas, where we engaged with prominent industry figures, presented our state-of-the-art products, and introduced a transformative partnership …
DealerXT’s Stands out at the 2023 Digital Dealer Conference & Expo in Las Vegas! Read More »
Carfax Used Car Index Unveils Falling Prices Trend Unveiling the Shift: From Price Escalation to Retreat Since the spring launch of the Carfax Used Car Index, we have closely tracked the trajectory of prices, observing a steady climb. However, a noteworthy transformation has emerged for the very first time — a decline in average …
Retreat of Prices: Insights from the Carfax Used Car Index Read More »
Exploring the Surge in Demand for Brand-New Vehicles in 2023 Surge in New-Car Sales: A Positive Trend in the Automotive Market. In the dynamic landscape of the automotive industry, 2023 has emerged as a year of remarkable growth, showcasing a significant rise in the demand for brand-new vehicles. This resurgence comes on the heels of …
Surge in New-Car Sales: A Positive Trend in the Automotive Market Read More »
Impostor scams have become increasingly common, with scammers pretending to be reputable companies in order to trick people into sharing sensitive information such as passwords, account numbers, and banking details. In this article, we’ll provide you with tips and best practices to help you keep your personal information safe and avoid falling victim to impostor …
Why Remote Workers Are Becoming the Preferred Option for Car Dealerships The Rise of Remote Work Over the past few years, remote work has become increasingly popular. More and more businesses are embracing this new trend and realizing the benefits that come with it. With the advent of the COVID-19 pandemic, the shift to remote …
Beyond the Lot: How Remote Workers Can Take Your Car Dealership to the Next Level Read More »
The National Independent Automobile Dealers Association (NIADA) is thrilled to announce their annual convention, which will be held from June 19-22, 2023, at the Wynn in Las Vegas, Nevada. The event brings together independent auto dealers, industry experts, and exhibitors from all over the country to discuss the latest trends, strategies, and technologies in the automotive industry. …
Phishing is a type of online fraud that involves tricking people into revealing personal information such as passwords, credit card numbers, and account details. The phisher may use an email, SMS, chat, or even a fake website that looks identical to a legitimate site in order to lure victims. Once the phisher has the victim’s …
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