The Dealer 5 | January 28, 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. | Bad news: There's no fail-safe way for dealers to stop cyber-criminals. Good news: You can make it hard for them to do their thing. |
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2. | More Millennials are filling showroom sales spots. But dealers still have work to do with this crowd, a researcher tells us. And this from a dealer turned automaker senior VP: "You can’t expect to work them 16-hour days.” |
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. | Want to know about a trend that bodes well for the auto industry? OK, more people are buying new vehicles from want vs.need. |
ADVERTISEMENT F & I Resource Center sponsored by Ally Auto. Valuable content to help you boost profits in this all-important division of your business. | |
4. | Game on. The vehicle-financing industry is warming up to fight a feisty federal regulator. |
5. | New NADA Chairman Bill Fox does business in a tough hometown market. The lawyer who took to selling cars talks about that and much more in a WardsAuto Q&A. |
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