January 26, 2024

2024 Auto Industry Trends and Predictions: What Dealers Need to Know

Looking ahead to 2024, the future of the automotive retail industry is continuing to face evolving challenges – and new opportunities. With inventory challenges largely in the rear…

January 19, 2024

Mastermind News: Enhancement Gives Dealer Partners New View into their Service Drive

With affordability still putting the pressure on new vehicle sales, the average age of cars and light trucks in the U.S. rose to a new record of 12.5 years in 2023 – up by more tha…

January 12, 2024

How Mastermind’s New EV Behavior Driver Gives Dealers a Competitive Edge

It’s early in the year, but EV sales are already accelerating at a steady pace. According to NADA data, in 2023 battery electric vehicle (BEV) sales topped 1.1 million units for th…

December 8, 2023

The Future of Automotive: Omnichannel Customer Experiences in 2024

The ever-evolving automotive industry has seen a significant shift towards digital retailing in recent years, and that doesn’t appear to be changing any time soon. But as customers…

December 1, 2023

Mastermind News: Product Enhancement Helps Dealers Better Manage Inventory

In the fast-evolving automotive industry, inventory management has always been a major factor in a dealership’s bottom line – with a variety of factors influencing a dealer’s turn…

October 27, 2023

How to Increase Dealership Inventory Turn Rate

Every dealership is familiar with the challenge of aging inventory. No matter what brand they sell –when vehicles sit on the lot, their value depreciates, taking a toll on every de…

October 6, 2023

Q4 2023 State of Dealership Sales & Inventory: Insights from Q3 & Looking Ahead

Heading into Q4, now is the prime time for dealers to look back at the year to analyze what happened – and prepare for what lies ahead. Understanding evolving buying behaviors and…

September 29, 2023

Maximizing ROI: Leveraging Automotive Software for Sales and Marketing

In today’s constantly changing automotive marketplace, dealerships are not just brick-and-mortar places showing off the latest vehicles. They have, over the last two decades…

September 15, 2023

How Auto Dealers Are Preparing for the Future

In the constantly changing automotive industry, the ability to adapt quickly has continually proven to be critical to a dealer’s success. Amid ongoing challenges surrounding…

September 8, 2023

How to Create a Seamless Dealership Customer Experience from Online to In-Store

In today’s constantly changing automotive world, dealerships that can perfectly blend the online and in-store experiences are finding the strategy to be a game-changer. Digit…

September 1, 2023

Q3 Wrapped: State of Automotive Industry Sales & Inventory in Q3 2023

The automotive industry is a key contributor to economies around the world. Aside from the obvious, as a source of transportation, the industry as a whole fuels innovation, creates…

August 25, 2023

3 Tips to Running a Profitable Dealership Service Department

In an ever-evolving automotive landscape, the dealership service drive is emerging as a critical source of dealership profitability. While dealers have long recognized the revenue…

Masterminded