GW Blog

Is Agency Selling the Future for "Dealerships"?

agency sales model

As more and more brands allow for online sales, the agency model may be coming for dealers’ heads. Two years ago if you had told us that the future of car dealerships was in trouble, we wouldn’t have believed you.

The Importance of Accurate Dealership Valuations

importance of an accurate dealership valuation

Throughout the life of any business, having a proper valuation is important for several reasons, but many dealerships, especially legacy family businesses that have been in business “forever,” have not gotten a valuation done in years.

Tech Companies are Changing the Auto Industry

technology in the auto industry

As vehicles become more technologically advanced and the push for electric vehicles grows, it was only a matter of time before we started seeing tech companies enter the auto industry. 

How is the Chip Shortage Affecting the Auto Industry?

semiconductor chip shortage

Just when production levels started leveling out from Covid-19 shutdowns, automakers are facing a new problem: a semiconductor chip shortage. Once, again, factories are closed or on  delayed production schedules, waiting for these components.

Are Automotive Subscription Services Here to Stay?

automotive subscriptions

Auto subscription services aren’t exactly something new. The first known service was started in Honolulu in 2010, but we’ve come a long way since Rima Braden Autosource’s “Flexlease” program. 

The "Covid Bounce" Continues

So here we are…2021. We finally made it out of 2020!  Does that mean the auto biz will get better? Well for the auto industry, business  has been on an upswing for months.

Why are banks still financing car loans?

banks finance auto loans

It’s a question we’ve been asking. With high unemployment rates and exponentially higher repayment issues, banks are still giving out auto loans.

 

What does Agency Selling Mean for Car Dealers?

agency selling online experience

Agency selling is something that’s been coming down the pipeline for a while. Consumers want a more consistent experience with more online purchasing options while still maintaining that personal touch they get from a dealership. Ten years ago, consumers visited dealerships seven times before making a purchase decision.

Every Dealership Should have Chat

Chatbot for auto Dealers

As we’ve discussed a lot lately, digitization of the auto industry is here to stay. Part of that is the use of chat on dealers websites. People want quick, simple information, and chat facilitates that.

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