December 19, 2022
NADA 2023 Show Preview: EV News That Dealers Should Know
As consumer buying behaviors continue to evolve alongside the automotive industry, it’s important dealers keep a close eye on how car buyers are shopping today — and what they may…
September 30, 2022
OEM Trends in Customer Financing
After an increasingly challenging year, U.S. auto dealers are facing new hurdles related to customer financing. These will be important challenges to overcome as a new year approac…
August 26, 2022
aM News: New Offerings and Elevated Executive Leaders
A lot has happened at automotiveMastermind since our last update. Back in March, we were still buzzing from our 8th NADA Show experience. During the show, we reconnected with our p…
August 19, 2022
Why Dealers Need to Focus on EV Sales
According to Bloomberg, the U.S. crossed the electric vehicle “tipping point” for mass adoption with 5% of new vehicle sales being EVs in the first half of 2022. Looking ahead, OEM…
July 29, 2022
Q3 State of Automotive Industry Sales & Inventory
Despite market disruptions, auto dealers started off strong in 2022. In Q1, auto dealers generated the strongest new car sales since Q2 2021, according to NADA reports. However, in…
April 29, 2022
Q1 2022 State of Automotive Industry & Sales
While the 20s have posed numerous evolving challenges to the auto industry, from rapid digitalization due to COVID-19 to ongoing inventory challenges, auto dealers have proven to b…
March 18, 2022
NADA Show 2022 Recap: Celebrations & Conversations with automotiveMastermind
The in-person return to NADA Show 2022 was particularly special for Team Mastermind. automotiveMastermind was founded in 2012, but this year’s convention marks our 8th appear…
January 14, 2022
How to Maximize Electric Vehicle Sales with a Customer-First Approach
In the past few years, electric vehicles have grown from a once-niche segment to the top of nearly every OEM’s mind. Strengthened by commitments from the federal government, EVs in…
January 7, 2022
How are Dealers Preparing for the Future of the Automotive Industry?
While dealerships have been adjusting to their “new normal” since 2020, increasingly challenging inventory shortages brought a new meaning to the phrase in 2021. Despite this, ongo…
November 5, 2021
Q3-Q4 2021 State of Automotive Sales & Inventory
Despite a strong start to the bottom line of most dealerships in 2021, this year has been progressively challenging for the automotive industry. While some brands have seen o…
October 29, 2021
3 Important Car Buying Trends Shaping Future Customer Behavior in 2022
As disruptions ranging from rapid digitalization to widespread inventory shortages shake the automotive industry, success for auto dealers continues to be defined by how well teams…
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…