What Recalls Mean for Dealerships

Last month Ford Motor Co. recalled 874,000 pickup trucks in North America because of fire risks with the engine block heaters. The recall is expected to begin in January. So what does this mean for dealerships? In simplest terms, recalls mean more business and more opportunities for a dealership’s service department. In 2017, there were recalls affecting 30.7 million automobiles, …

How to Capitalize on the Aging Vehicle Market

According to research company IHS Markit, in 2016, the average vehicle age was 11.6 years old. This number is expected to continuously increase for the next few years. In fact, the oldest vehicles on the road is the group that is growing fastest with a projected growth rate of 30% by 2021 for vehicles that are 16 years or older. …

How to Keep Customers Coming Back Again…and Again

Dealerships have been riding a high for the last couple of years, enjoying increases in sales since 2015. However, 2017 saw a deceleration of those sales, leaving many dealerships wondering how to increase their profitability and growth amidst the decreasing sales and profit margins. The answer to that lies in the automotive aftermarket, more specifically, the dealerships’ service departments. Sure, …