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Dealers Report Strong Used Car Earnings and Will Be Sharing Lessons Learned

2014-02-05 20:43:01| AutomotiveDigest.com - Automotive Industry News

by Jon LeSage, editor, Used Car Market Reports Three of the nations largest publicly traded dealership groups have reported their 2013 earnings (and more of them will announce their results later this month). It was a great year for new vehicle sales, and used vehicle sales also saw strong results. Retail used vehicle sales saw [...]The Article Dealers Report Strong Used Car Earnings and Will Be Sharing Lessons Learned appeared first on Automotive Digest.

Tags: report car strong sharing

 

1. 80% of Dealers Say Biz Getting Better

2014-02-04 10:30:08| AutomotiveDigest.com - Automotive Industry News

 Auto dealers are optimistic about 2014, and planning to grow their businesses. Chases survey says 66+% of dealers believe that the economy is coming back. GET MORE DETAILSThe Article 1. 80% of Dealers Say Biz Getting Better appeared first on Automotive Digest.

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2. Dealers See What Competitors Are Doing

2014-02-04 10:25:27| AutomotiveDigest.com - Automotive Industry News

Dealers can now gain a view of the competitive landscape and local market insights. Polk and Cobalt are now revealing opportunities for business growth, enabling dealers to take their digital targeted marketing efforts to the next level.  GET MORE DETAILSThe Article 2. Dealers See What Competitors Are Doing appeared first on Automotive Digest.

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Exceptional Dealers Receive 2014 Dealer of the Year Awards

2014-02-03 21:30:40| AutomotiveDigest.com - Automotive Industry News

The awards are given for distinction in outstanding customer service based upon customers reviews of their dealership experiences shared on DealerRaters web site. The 2014 award winners demonstrated consistently high PowerScore ratings for customer satisfaction, placing them in the top of their class.  The PowerScore is determined using a Bayesian algorithm that factors the dealerships average DealerRater consumer rating and the total number of reviews written about the dealership during the 2013 calendar year. The dealership must also have had at least twenty-five (25) new reviews written on DealerRaters web site during the 2013 calendar year and an average rating greater than 4.0 (calculated monthly), with 5.0 as the highest possible score.  The highest honor is presented to Bozard Ford Lincoln of St. Augustine, Florida as overall 2014 Dealer of the Year.  A family-owned and operated dealership since 1949, this exceptional dealer received 982 reviews and earned a twelve-month average PowerScore of 4.89 out of 5.0 in 2013.  Capital GMC Buick Cadillac of Regina, Saskatchewan is awarded as the top 2014 Canadian Dealer of the Year.  With an impressive 699 reviews in 2013, the dealership produced a twelve-month average PowerScore of 4.80, the highest score of all Canadian dealers. We congratulate all 2014 Dealer of the Year winners, said Chip Grueter, founder and chief technology architect of DealerRater.  With the ever-growing significance of dealership reviews in the car-buying process, this years winning dealerships will be able to better differentiate themselves for competitive gain over other dealers across North America. The complete list of winners is available on DealerRater.com. The Article Exceptional Dealers Receive 2014 Dealer of the Year Awards appeared first on Automotive Digest.

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Dealers Boost Online Visibility to Increase Service Business

2014-02-03 21:05:57| AutomotiveDigest.com - Automotive Industry News

Recent studies show that online searches for auto repair and maintenance have grown 66 percent in the past three years, and have even surpassed growth in car and truck searches by eight percent in the past year alone. In response, DealerRater has added multiple new features to its Certified Service Center Program. The additional features include expanded sections on Certified Service Center Review Pages for: amenities hours multiple photos service specials coupons with auto-renewing expirations, highlight top-reviewed service and parts employees. Service Center Review Pages will also now be available on DealerRaters mobile-optimized site. As consumers shift their searches for local maintenance and repair options online, dealers have to manage their reputations through the Internet if they hope to stand apart from competitors, said Chip Grueter, founder and chief technology architect at DealerRater. The suite of tools offered in our Certified Service Center Program enable dealers to boost the online visibility of their service business in order to attract more customers and increase revenue. For more information, please visit www.DealerRater.com or call 800-266-9455.The Article Dealers Boost Online Visibility to Increase Service Business appeared first on Automotive Digest.

Tags: service online business increase

 

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