David Topham

The automotive industry is seeing slowing new car sales, a widening gap between new and used vehicle payments, and tightening dealer margins. Dealerships can embrace relationships with credit unions, both as a source of financing and in other unique ways, to boost profitability amid these changes.

Data from three different institutions shows that subprime auto loan and lease originations are on the rise. Does your dealership have what it takes to capitalize when it comes to these borrowers with bad credit? If not, Auto Credit Express has the leads and tools your store needs to dominate your subprime market.

As margins tighten and new car sales slow down, more dealerships are turning to subprime to pick up the slack. Whether your store is experienced or new to the space, Auto Credit Express wants to help your dealership improve its subprime strategy.

Thanks to rising new car prices and interest rates, along with the ever-increasing number of off-lease vehicles, dealers should be relying on their used car departments more than ever. Auto Credit Express can help bolster your used vehicle strategy and expand your store's reach as customer preferences shift.

A study recently ranked all car brands for customer satisfaction in dealership service departments. We used the study to put together some best practices and tips for how dealers can boost customer satisfaction in the service drive.

The Cox Automotive Retail Brand Scorecards Study ranked 34 automakers across different factors that have the largest effect on dealer performance. We took a look at which brands succeeded and failed.

The 2018 Service Industry Study from Cox Automotive showed that consumers are willing to pay more and travel further for an enhanced dealership service department experience.

TransUnion's 2019 consumer credit forecast is projecting a rise in subprime auto loan originations, though to a level still well behind those observed prior to the recession in 2007.

The latest report from Experian shows subprime auto lending has hit an 11-year low. If your dealership wants to keep its subprime business going strong in this type of landscape, you're going to want to find leads of the highest quality.

The findings from the J.D. Power 2018 U.S. Sales Satisfaction Index Study indicate that car dealerships need to be contacting customers via digital channels, especially text messaging.