The Biden Administration has finalized milder fuel economy rules for trucks and SUVs, aiming to make them more environmentally friendly. Meanwhile, GM is using the Costco Auto Program to boost electric vehicle sales amidst market challenges. Stellantis has issued a recall for over 200,000 SUVs and trucks due to a stability control system malfunction. In May, there has been a decline in wholesale used-vehicle prices due to seasonal trends.
Dealer state associations like the Florida Automobile Dealers Association are working hard to advocate for their members, especially in response to challenges related to franchise laws. FADA President Ted Smith discusses the challenges and advocacy efforts for 2024-2025 in a recent interview. Pete MacInnis, CEO of eLEND Solutions, introduces ‘Deal Maker’ to bridge the gap between dealers and consumers in the automotive industry, focusing on transparency and accuracy in car buying and financing in the digital age.
As dealers stay competitive in the automotive marketplace, optimizing the service drive can significantly improve customer satisfaction, retention, and profitability. There are five key areas where a new car dealership service drive can dominate: proper optimization for success.
