July 15, 2021
3 Emerging Dealership Challenges & How Dealers are Overcoming Them
As if 2020 didn’t throw enough car dealership challenges at dealers, 2021 has offered more than its fair share of industry challenges. Aside from inventory shortages impacting a va…
July 9, 2021
Q2 2021 State of Automotive Sales & Inventory
Following lingering challenges from the COVID-19 pandemic and growing inventory concerns spurred by the microchip shortage in early 2021, dealers’ performance in Q2 varied greatly…
July 2, 2021
4 Ways to Improve the Dealership Experience Amid Inventory Shortages
Today’s buyers are more informed than ever and most are well aware of the ongoing inventory challenges dealerships are facing – as well as how the vehicle shortages are impacting c…
June 18, 2021
4 Steps for Dealers to Address Inventory Shortages with Consumers
According to a recent industry survey, 76% of in-market vehicle buyers are aware of the ongoing chip shortage, 83% of which are aware of its impact on the new vehicle market. …
June 11, 2021
3 Proactive Sales & Pre-Owned Acquisition Opportunities
Inventory concerns seem to be at the top of every dealership’s list right now. From chip shortages to more complex problems involving supply chain and pandemic closures, the number…
June 4, 2021
How to Acquire Pre-Owned Vehicles Through the Service Drive
Forecasts from IHS Markit estimate 1.3 million fewer light vehicles were produced in the first quarter of 2021 due to chip shortages and other external influences. This combination…
May 28, 2021
3 Ways for Dealers to Acquire & Maximize Their Pre-Owned Inventory
For auto dealers around the U.S. and the globe, the ongoing chip shortages have resulted in historically low new vehicle inventories, as well as contributed to sky-high auction pri…
May 21, 2021
3 Emerging Opportunities for Auto Dealers Amid Chip Shortages
Amid countless external factors driving ongoing automotive chip shortages, which the shortages forecasted to impact new vehicle supply into 2022, dealers are forced to adapt to evo…
May 14, 2021
How Data Mining Tools Help Dealers Acquire Pre-Owned Inventory
The ongoing microchip shortage and resulting production delays has largely defined this year for dealers and OEMs alike. According to early forecasts from IHS Markit, an estimated…
April 30, 2021
How To Use Predictive Analytics to Maximize Your Dealership Portfolio
With countless evolving factors impacting OEM production and deliveries, now is the time for dealers to focus on the elements they can control to adapt to ongoing inventory challen…
April 23, 2021
3 Auto Sales Best Practices: The Dealer Download
Inspired by the incredible work being done by our dealer partners in more than 1,500 dealerships around the country, Mastermind Chief Commercial Officer launched the video podcast…
April 9, 2021
How to Reimagine the Dealership BDC
Dealership business development centers, also known as BDCs, have long been the topic of debate at many auto dealerships. But, never has the topic been more relevant than now. …