Recent Trends Indicate a Small Decrease in Available New Vehicles Inventory Update for Dealerships New Vehicle Inventory Drops. Cloud Theory, a real-time automotive data insights provider for manufacturers, agencies, and affiliates, reports that new vehicle inventory has decreased slightly to 2.92 million units as of August. This represents a drop of 20,000 vehicles from […]
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Insuring Electric Vehicles: What Dealerships Need to Know Essential Electric Vehicle Insurance. As electric vehicles (EVs) become increasingly popular, understanding the nuances of EV insurance is crucial for dealerships. With insurance costs varying widely between models, having the right information can help dealerships guide their customers more effectively. Here’s a comprehensive guide to insuring
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Innovative Partnership Aims to Enhance Vehicle Remarketing Solutions Manheim has partnered with TR Group to establish a 4 Star Auto Auction in Valley, Alabama. This new facility aims to meet the needs of local dealers and expand auction operations in underserved markets. Built from the ground up, the location sits on nearly 22 acres and
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Details on Recall of Two Gas Models in North America Around 102,000 Toyota and Lexus vehicles in the United States are part of this recall. Potential Issues Due to Machining Debris There is a concern that certain vehicles may have residual machining debris in the engine, which was not properly cleared during production. This issue
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Automotive Aftermarket Strong Growth. Industry Expansion Reflects Increased Consumer Demand and Technological Advancements Automotive Aftermarket Strong Growth. The Auto Care Association, in collaboration with MEMA Aftermarket Suppliers, has announced the release of the 2024 Joint Forecast Models prepared by S&P Global. Resilient Growth in 2023 Despite facing challenges such as persistent inflation, the automotive aftermarket
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Spend Your Valuable Time Growing Your Business, Let a Remote Professional Take Care of Compliance Outsource Legal Compliance Streamline. Capitalizing on remote professionals has become a game-changer for entrepreneurs and businesses alike. By entrusting critical roles like compliance officers to skilled remote workers, companies not only save valuable time and money but also ensure they
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Strategies for Effective Error Management and Maintaining High Standards in Data Entry Tasks Handling Errors Data Entry. In today’s data-driven business scenario, accurate information is crucial for decision-making. While seemingly mundane, data entry can cause significant issues if not done correctly, leading to flawed reports, wasted resources, and hindered success. The Importance of Flawless Data
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A Comprehensive Approach to Creating Effective Training Manuals Effective Training Manuals Guide. Learning how to write a training manual is essential in today’s professional environments. A training manual is a strategic document crucial for imparting knowledge and skills to a specific audience, whether for onboarding new employees, guiding customers in product usage, or enhancing educational
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Exploring the Multi-tasking Capabilities of Remote Staff in the “Gig Economy” Remote Staff Dual Roles. When dealerships consider hiring Remote Staff to expand their operations, they typically aim to establish a lasting professional relationship. Key to this decision is understanding whether the potential Remote Staff is already engaged with other clients or holds different jobs.
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Role and Impact of High Ticket Setters in Sales Success High Ticket Setters: A Comprehensive Guide. High ticket setters are essential in identifying and qualifying potential clients for high-value products or services. They play a crucial role in scheduling appointments and ensuring that only the most promising leads are pursued by expert closers. Defining High
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