WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

MAY 25, 2022

Greetings and welcome to the May 25, 2022 edition of WardsAuto Dealer 5. Here are some of the top stories from WardsAuto.com and other news sources to keep you in the know.

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1.

EV Apps are Lacking, but Dealers Can Overcome Customers’ Concerns

EV owners want to use apps but find many aren’t worth the expense. Here’s how dealers can help boost confidence.

Full article

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2.

Toyota Again Rated Highest for Relationships With Suppliers

Automakers pay close attention to the study because positive supplier relations benefit OEMs with better pricing, more investment in innovation and technology and more sharing of technology. These factors all contribute to the OEM’s operating profit and competitive strength.

Full article

3.

Beyond PVR—dig deeper for greater F&I success

What does success look like in the F&I department? How should it be measured? PVR (per vehicle retailed) is currently the most examined metric used to judge whether or not F&I holds its own as a profit center for the dealership. 

Full article

CBT News

4.

Used-Vehicle Supply Holds Steady as Asking Prices Rise

A spring sales bounce that has been late coming and more spread out than expected has now led to used-vehicle supply holding largely steady in April, according to the Cox Automotive analysis of vAuto Available Inventory data.

Full article

Cox Automotive

5.

Ford Maverick: Small Truck, Big Win

Ford wins with smart materials and user-friendly functionality as it rides the diminutive Maverick back into the compact-pickup segment.

Full article

That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives.

And to reach the editor for whatever reason (i.e. comments, complaints, questions, directions), contact Nancy Dunham at NDunham@WardsAuto.com


And please... Forward this alert to dealership colleagues. The more in-the-know people at your place, the better for all of us.