News

New light-vehicle sales remained strong in May but fell slightly from April’s highs.

April’s new light-vehicle sales saw an 18.5 million-unit SAAR—the second straight month (following a March revision) of sales above 18.0 million units and the highest monthly sales rate since July 2005 with a 20.6 million SAAR.

Before franchised car and truck dealerships can obtain ENERGY STAR certification, NADA must collect baseline comparative nationwide data on dealership energy use.

Rock and roll legends The Doobie Brothers hung out in, and drew inspiration from, a house that a dealer family built.

The economy continues to show strong signs of recovery from the coronavirus pandemic. The widespread dissemination of the COVID-19 vaccine and the stellar new light-vehicle sales in March are reasons to be optimistic for the remainder of 2021.

New light-vehicle sales in March 2021 were stellar. March’s SAAR of 17.75 million units is the second highest of all time for the month and just shy of March 2000.

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.

Over-the-air updates, a native navigation system that lives in the cloud for real-time traffic information, user profiles that can move from vehicle to vehicle and a voice interface are among the new features to be found on the optional 14-in. touchscreen.

First deliveries of 2021 Jeep Grand Cherokee L will begin this month from refurbished Mack Avenue location in Detroit, a historic automotive production site since 1916.

Planning for the new Grand Cherokee assembly plant began in 2019, when a $1.6 billion investment was announced for a retooled generally assembly hall and body shop, as well as an all-new five-story paint shop.

Tesla Reveals Model S Plaid; VW ID.4 Test Drive Impressions; Jeep Grand Cherokee L Rolls Down the Line

The new Z is expected be powered by a twin-turbo V-6 and should be available with a manual transmission.

Bosch Chairman Volkmar Denner makes no mention of prioritizing automotive over its other products seeking early access to a new supply of semiconductors. He tells journalists the plant will “first be supplying semiconductors for our power tools.”

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