News

The coronavirus crisis is a first in our lifetime, but there are lessons to be learned from past emergencies, including the 2008 financial crisis.

The post What Can the 2008 Financial Crisis Teach Auto Dealerships About the Coronavirus Crisis? appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

As the coronavirus sweeps the globe, people are facing unprecedented amounts of stress and uncertainty, and everyone is looking for a COVID-19 update.

The post COVID-19 Update: A Letter to Our Clients During These Difficult Times appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

It’s important that auto dealerships focus on the real driving force behind the auto industry: Baby Boomers. But, how do you go about marketing to Boomers?

The post The Generation Gap in Car Dealership Customer Retention Part 2: Marketing To Boomers appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

To a millennial generation focused on saving money, owning a car has traditionally meant extra expense. So how should you go about marketing to millennials?

The post The Generation Gap in Car Dealership Customer Retention Part 1: Marketing To Millennials appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

How utilizing marketing and customer outreach can help you boost your customer retention plan and minimize customer churn.

The post Is Your Current Customer Retention Plan Paying for Itself? appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

It costs a lot more to find new customers than it does to keep the ones you already have. Is your auto dealership accurately measuring customer retention?

The post New Year, New Decade: Are You Accurately Measuring Customer Retention? appeared first on Performance Administration Corp | Dealer-Owned Complimentary Maintenance Plans.

Cadillac announces pricing, availability for the Lyriq. The CUV is its first battery-electric vehicle.

Our Take: New Nissan Z; Tesla Opens Order Books for Semi; Magna’s Booming Business in Battery Enclosures

How can EV manufacturers navigate global supply chain and product development obstacles to successfully bring their products to market? GlobalAutoIndustry.com talks with Germany-based Markus Fleckenstein, Head of International Solution Consulting for PTC Arena.

The new plug-in hybrid performance SUV will be produced in the U.S. and will offer up to 740 hp from BMW’s first gasoline-electric PHEV. North America, China and the Middle East are key markets for the car.

Only the second standalone model in the BMW M performance-brand’s history, the XM packs a 740-hp wallop and up to 50 miles of pure electric range from its plug-in hybrid powertrain.

Carvana’s model and missteps offer guideposts for new- and used-car dealers to follow.

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