The Dealer 5 | January 14, 2015
Dealer news and information from WardsAuto and around the web.
Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet.
So let's go:
1. | We’re not predicting a knock-out punch, but we are seeing the possibiity of some sort of decision this year in the ongoing fight between dealers and a federal regulator. Here’s why. |
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2. | Here’s to your health. And to car consumers’ credit health. That’s an important part of life, says Ally Financial, which soon will give customers free FICO scores. |
ADVERTISEMENT The auto accessories industry is $40 billion and dealers represent less than 5%. Could accessories be the new profit center for dealerships? It is one new frontier that may hold the most profit potential dealers have seen since adding the F&I department 40 years ago. | |
3. | That slashing of dealership ranks a few years ago sure was traumatic. But higher sales plus fewer competitors equals happier dealers. |
4. | Let’s hope the new Alfa Romeo Spider doesn’t bite.The Italian automaker left the U.S. amid chronic complaints of product unreliability. It's back, with about 100 dealers (and counting), and saying this time it's different. |
5. | Devices that disable deadbeats’ vehicles (not while they’re on the road, thankfully) have long drawn controversy. Now, a state may outlaw them. |
To see all the day's dealer news and information, go to WardsAuto.com/Dealers.
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