Dealer Image Pro | Automotive Merchandising

Prediction: Dealership websites will evolve in major ways in the coming years. A new @overfuel_com study shared a shocking stat: Less than 1% of the top 50 dealership websites passed Google’s basic web standards. So what? For an industry that represents 3% of US GDP, these numbers are abysmal. But it's not just about poor customer experience—it’s costing dealerships visibility on search engines and, ultimately, sales. Reminder: The average car buyer spends *weeks* on vehicle display pages before ever stepping foot inside a dealership. Act accordingly. Read the full study from @overfuel_com here: carguymedia.com/4euXYlf (Data via CDG partner: @overfuel_com #overfuelpartner)

NEWS: Hybrid vehicles outrank EVs and ICEs in driver satisfaction… Plus, 2. Stellantis hires an EV expert to head up North American manufacturing… 3. Wholesale used car prices continue to rise in the first half of August… Today’s top auto industry news, brought to you by @autohaulerx : carguymedia.com/3AwyXqZ

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This morning I discovered something *extremely* alarming happening in the car market, specifically in auto lending. I'm now convinced that there is a massive wave of car repossessions coming in 2023. Here's what I discovered (and what no one knows):