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Each of these trends illustrate continued strong growth for F&I product potential and sales for today’s auto retailers of all sizes and focus of new and used.
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Vehicle subscriptions can be a terrific way to get consumers into the vehicles they need and grow EV adoption.
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By differentiating their dealership in the digital realm, dealers can stay top of mind and win market share.
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Opportunity will knock in the second half of 2022, but industry leaders still recommend those in retail automotive and F&I proceed with caution.
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Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.
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Service contract sales can happen in the service lane when dealers tap into this potential, says Jim Fisher, assistant vice president of Dealer Programs for AGWS.
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It’s not about what you think your brand is, it’s what your customers or clients think it is.
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It’s projected that the future workplace will see a hybrid of remote and in-office employment, as well as opportunities for remote flexibility.
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Internal hiring or recruitment has many advantages, including increased motivation, lower hiring costs, cultural fit, easier onboarding, and improved retainment of employees.
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Despite challenges, TransUnion’s Credit Industry Insights Report shows consumer health and demand for new vehicles remains strong.
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