Beyond the Price Tag: What FTC Pricing Transparency Means for Dealerships
Written By: Alysha Webb On March 13, the Federal Trade Commission (FTC) sent letters to 97 dealerships warning that advertised vehicle prices must reflect the total price consumers are required to pay, including all mandatory fees. The warning serves as an important reminder for dealerships nationwide to review their advertising and pricing practices and ensure […]
AI in the Dealership: What Works, What Doesn’t, and What’s Next
Written By: Alysha Webb AI Adoption: High Interest, Low Integration It’s not an exaggeration to say that AI is everywhere these days and the auto world is no different. Many dealers feel that investing in AI is critical for long-term business success, but not many have actually integrated AI into their dealership’s workflow or decision […]
Unlocking the Full Potential of Your DMS: Reducing Risk and Improving Fixed Ops Performance
Written By: Alysha Webb The DMS is the heart of dealership operations, and dealerships should be intimately familiar with how to use the system and fully utilize its many features. It plays a critical role in helping a dealership remain compliant and maximize profits. Nonetheless, DMS reporting gaps and data entry inaccuracies are two of […]
Post-Acquisition Playbook: Lessons from the Dealership and Legal Sides
Written By: Alysha Webb In our two most recent webinars, we explored preparing to buy and sell a dealership. Our December session focused on the key steps immediately before and after an acquisition that help ensure a successful transition to new ownership for both the buyer and the dealership’s employees. In “You Bought the Store, […]