FEBRUARY 26, 2021

Service Ops Revenue Down, But 2nd Half Looking Better

Dealership service-bay revenues are down as people work from home and venture out less often. But as vaccines are administered and people become more comfortable traveling, dealership groups are optimistic about better business in the second half.

Hyundai Updates Kona, Santa Fe With Hybrid, N Line Offerings

“We feel this Kona looks a ton better than the current version,” says Hyundai’s Melvyn Bautista. Meanwhile, the Santa Fe will add hybrid and PHEV technology, making it Hyundai’s first hybrid CUV. A fully mechanical AWD system is standard with both hybrid Santa Fes.

New Car Buyer Attitudes Toward Auto Theft & Theft Recovery Solutions

RecovR is hosting this March 4 webinar to discuss the challenges of selling existing theft recovery systems and how dealers can generate significant F&I revenue and quicker sales cycles, all with a 1-minute install and at zero cost.

Industry Tailwinds to Offset Headwinds, Toyota Exec Says

“I’m very bullish,” says Toyota executive Bob Carter, adding, “I’m not looking at it through rose-colored glasses.

Ford Maintains Focus on Profitability, CEO Farley Says

“We’re going to be a much stronger company going forward,” he says, adding, “We have new products you haven’t even seen yet” in addition to vehicles such as the highly touted Ford Mustang Mach-E and Ford Bronco.

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