WardsAuto Dealer 5
 
WardsAuto Dealer 5
 

FEBRUARY 14, 2022

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1.

Facing Direct-Sales Disrupters, Car Dealers Can Stay Relevant

Dealers who embrace a tech-first culture “are dominating and taking share from those who have not adapted or evolved,” says Cars.com CEO Alex Vetter.

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2.

F&I Product Opportunities for Auto Dealers in 2022

F&I profits haven’t been hard to come by since the start of the pandemic. Total F&I revenue for some of the largest dealership groups in the U.S. jumped 4.5% in 2020 compared with 2019.

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3.

Dealers Marking Up Above MSRP on Dangerous Ground

Between Tesla, Rivian, Lucid and Fisker operating without dealerships and the agency model introduced by traditional manufacturers, marking up above MSRP during these demand-driven times may come back to haunt dealers.

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4.

Electric Pickup Trucks Are Stars of Chicago Auto Show

The Ram BEV is on the drawing board. However, before showing the public any kind of prototype, the Stellantis unit plans to solicit feedback from existing and potential Ram customers.

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5.

Thieves After Expensive Airbags Break Into 18 Cars at Detroit Auto Dealership

Chevrolet Malibu and Equinox models are popular targets, Detroit's WDIV-TV reports.

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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 Dave Zoia at dzoia@wardsauto.com

OK, finally... Forward this alert to dealership colleagues. The more in-the-know people at your place, the better it is. Over and out.

Now for the legal stuff...