NORTHEAST OHIO AUTO DEALERS ASSOCIATION on LinkedIn: Announcing the 2024 Best Dealerships To Work For (2024)

Ryan Kerrigan unveils global automotive M&A dynamics and EV realities: … today’s episode of Inside Automotive, we’re discussing factors … gradual shift. 3. The automotive buy-sell market has seen … It also discusses how specific automotive brands are faring in the … a potential shift in global automotive demand patterns." –Ryan … #car #cars #awesome

Fletcher Jones Motorcars has been the #1 Mercedes-Benz store in the world since 1999 - that's TWENTY-FOUR consecutive years.Their secret to success might come as a surprise.They are NOT preoccupied with selling cars.Instead, they obsess over providing the best possible car-buying experience, and in doing so, many would-be-one-time customers are elevated to repeat clients and referrals.Average dealerships think about generating revenue by turning prospects into customers.Customers have low retention rates, though.To sell more cars, reframe the goal.❌ The goal shouldn't be to turn prospects into one-time customers.🚙 Make the goal to turn every one-time customer into repeat business.If, at the end of every month, you're left wondering why you have to spend extraordinary amounts of money on advertising all the time... it's because you view your buyers as one-time transactions.Top stores know that the work doesn't end when you win a new customer.Rather, that's when the real work begins.#automotiveindustry#mercedesbenz#dealers#cars#customerexperience

221

29 Comments

See how Accelerated Title can help you get your title in just a few days instead of the traditional sit and wait. Cox Automotive!

38

ZT Automotive expands its footprint into Alabama with the acquisition of 13 dealerships from Greenway Automotive Group. This strategic move includes brands like Toyota, Honda, Nissan, and Chrysler Dodge Jeep Ram FIAT, potentially boosting annual revenues by over $195 million. The rebranded dealerships will honor the region's rich musical heritage. Learn more about this significant expansion.#AutomotiveExpansion #ZTAutomotive #AutobodyNews

20

Automotive buy-sell market defies high interest rates, remains strong in 2024 – Erin Kerrigan | Kerrigan Advisors: … today’s episode of Inside Automotive, Erin Kerrigan, the Founder … and solid earnings in the automotive sector. 2. The … sell activities. 3. The automotive industry is experiencing a significant … high interest rates, the automotive buy-sell market remains robust … #car #cars #awesome

The Canadian automotive landscape is entering a more turbulent period that is forcing us all to be more attentive. Learn how to navigate your dealership through these challenges and strategize in 2024 in our latest blog.Read the blog here: https://ow.ly/8am150QtiQ8#autodealers #dealerships

4

Check out this great Forbes Business Councilarticle, "The Last True Main Street Business: What Is The Role Of Car Dealerships In Local Economies?" by Car Pros Automotive Group CEO Matthew Phillips, MBA, MA. He focuses on the importance ofauto dealerships to their communities, as well as the benefits of the franchised dealership system, and how it is the best system for the future of car sales (including EVs). For more insight, click here: https://lnkd.in/g5cmuY87#carpros #automotive #carbusiness #dealerships #retail #autoretail #autoindustry

17

High interest rates 📈, more expensive vehicles 🏎️ and a steadying supply chain 📊 are actually REDUCING new-vehicle gross profit, despite still being higher than pre-pandemic levels, per Automotive News.To our Sales Motivators: How are you holding onto gross profit 💰 in this new era of "post-COVID" automotive sales? What are some of your best practices selling as we navigate what is the new normal in car sales? DISCUSS in the comments below!LINK: https://lnkd.in/gG9--N3f

6

How do you maximize gross on your used car? It’s very simple. It’s speed to sale and getting the car to front line as quick as possible to maximize your profit. No more loosing money, no more playing the game of finding a car, no finger pointing, 100 percent transparency and more. When you get your process down, the results will sky rocket. If you haven’t reached out to us yet to see a demo? You’re store and used car department is missing out. I can show you one of the biggest return of investments you’ll ever see. If you hate money flying out the door- go on www.rapidrecon.com schedule a demo today or just message me directly on LinkedIn. I know how well this works and it WILL help your used car department as well.

4

Rev those engines, Automobile Enthusiasts! 🚗 Here's a robust #MondayMotivation to set the pace for the week.This week, we resonate with Mary Barra's view - "Do every job you're in like you're going to do it for the rest of your life and demonstrate that ownership of it."As dealerships evolve, services like shuttle provisions and vehicle pick-ups and deliveries have become pivotal. These upgrades harmonize perfectly with Barra’s ethos of long-term commitment and ownership.How is your dealership integrating these trends into its services to enhance customer value?Jump into the conversation and share your experiences! Let's speed into a week of delivering seamless services and valuable experiences. 🌟 #Innovation

4