WardsAuto Dealer Edition
 
















JULY 19, 2024



Lower Incentives May Boost Dealer Profits

High inventories, buyer hesitation force disciplined pricing approach, reports Kelley Blue Book.

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BEV Buyers Buck Brand Loyalty

Heavy discounting is moving consumers to buy BEVs, but a study shows consumers in the U.S., Germany, Japan and China are more willing than ever to change brands to get the best deal on the best-designed vehicle.

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Dealers Can Expect More Affordable Used Car Availability

The latest Manheim report shows EVs have the highest depreciation.

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Study: Dealers Should Rev Up Auto Ads

Some ads do score, but those that tell complete stories with likable characters hit home runs.

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CDK, Other Recent Cyberattacks a Wake-Up Call to Dealers

Testing and updating cybersecurity safeguards are crucial to protect dealerships.

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