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Industry-specific blogs with tips and best practices from guest speakers and industry experts
In Q4 2024, dealer network performance faced sharper profit declines, rising operating costs, and a growing number of loss dealers.
The dealer network performance in Q3 2024 saw continued declines in sales and gross profit, with Service Absorption showing slight improvement amid ongoing industry challenges.
The dealer network performance in Quarter 2 of 2024 closely mirrored those of Quarter 1 of the year, with sales and gross profit continuing to decline at a rate comparable to the previous year.
During the first quarter of 2024, the market is experiencing a decline in retail volume, overall sales, and gross profit, while expenses continue rising.
Discover strategies for construction OEMs to thrive amidst US infrastructure growth through effective dealer network optimization.
A former field rep discovers a solution for operational efficiency when managing dealer contact meetings.
Discover the key factors to consider when deciding whether to build or buy business software solutions, helping you make informed choices for your company's technological needs.
Amidst economic challenges and declining gross profits, the auto industry concluded 2023 with strong vehicle sales, reaching a SAAR of 16.1 million units in December and a yearly increase of 13%, yet struggles to maintain profitability amidst declining margins and increased expenses.
Despite challenges in new vehicle sales, fixed operations remain a bright spot, highlighting the importance of diversification and adaptation in the evolving automotive retail landscape.
The rapid rise of EVs is impacting automotive retail networks and changing the landscape for customers, dealers, and OEMs.
A dealer contact management solution can help OEMs adapt their dealer networks to the growing EV market.
Unlike a traditional CRM solution, vertically focused contact management solutions is purpose-built to manage field operations and dealer interactions efficiently.
There is a shift in dealership profitability trends, with a continued increase in new vehicle sales, amidst softening market conditions and ongoing challenges such as diminishing supply chain issues.
Discover 5 ways an online warranty system can help you tackle the challenge of efficient warranty claims management.
Discover the key features and benefits of IKON that make it a comprehensive field collaboration solution for OEMs.
The market shows a mixed performance, with a rebound in new vehicle sales countered by significant drops in both gross profit and net profit, suggesting potential challenges ahead for the automotive industry in the coming quarters.
Explore 5 actionable strategies to enhance the dealer contact meeting process using a CRM for field operations solution.
Discover the benefits of implementing an online parts ordering solution - streamlined processes, increase in sales, boosted productivity, and enhanced customer experience.
Senior field Operations professional Jeff Nameth shares essential strategies for boosting manufacturing sales and after-sales success.
One automotive company used IKON’s dealer scorecard to enhance their dealer evaluations through real-time data insights and seamless integration capabilities.
There is a decline in new vehicle sales alongside a drop in net profit for the first time in seven quarters.
The market witnesses profitability growth across new vehicle sales despite a slight slowdown, while facing challenges in the used vehicle market due to rising interest rates.
Despite the continued supply shortages, the market maintains profitability growth across new and used vehicle sales, and fixed operations.
Amidst inventory shortages, there is increased profitability across new and used vehicle sales, alongside growing margins in fixed operations despite rising expenses.
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